Wbi Power Factor Etf Price on November 8, 2024
| WBIY Etf | USD 31.41 0.11 0.35% |
Below is the normalized historical share price chart for WBI Power Factor extending back to December 22, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of WBI Power stands at 31.41, as last reported on the 11th of December 2024, with the highest price reaching 31.52 and the lowest price hitting 31.41 during the day.
If you're considering investing in WBI Etf, it is important to understand the factors that can impact its price. At this stage we consider WBI Etf to be very steady. WBI Power Factor shows Sharpe Ratio of 0.095, which attests that the etf had a 0.095% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for WBI Power Factor, which you can use to evaluate the volatility of the entity. Please check out WBI Power's Downside Deviation of 0.7243, mean deviation of 0.6553, and Risk Adjusted Performance of 0.0556 to validate if the risk estimate we provide is consistent with the expected return of 0.0811%.
WBI Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 21.2 | 200 Day MA 30.1173 | 1 y Volatility 13.64 | 50 Day MA 31.3762 | Inception Date 2016-12-19 |
WBI |
Sharpe Ratio = 0.095
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Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average WBI Power is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of WBI Power by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 19 K |
WBI Power Valuation on November 8, 2024
It is possible to determine the worth of WBI Power on a given historical date. On November 8, 2024 WBI was worth 31.43 at the beginning of the trading date compared to the closed value of 31.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WBI Power etf. Still, in general, we apply an absolute valuation method to find WBI Power's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of WBI Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WBI Power's related companies.
| Open | High | Low | Close | Volume | |
| 31.69 | 31.69 | 31.49 | 31.57 | 1,452 | |
11/08/2024 | 31.43 | 31.44 | 31.24 | 31.39 | 5,300 |
| 31.58 | 31.83 | 31.58 | 31.71 | 3,364 |
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WBI Power Trading Date Momentum on November 8, 2024
| On November 11 2024 WBI Power Factor was traded for 31.71 at the closing time. The top price for the day was 31.83 and the lowest listed price was 31.58 . The trading volume for the day was 3.4 K. The trading history from November 11, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 1.02% . The trading price change against the current closing price is 0.83% . |
WBI Power Factor Fundamentals Correlations and Trends
By evaluating WBI Power's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among WBI Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WBI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WBI Power Etf history
WBI Power investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for WBI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WBI Power Factor will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing WBI Power stock prices may prove useful in developing a viable investing in WBI Power
WBI Power Etf Technical Analysis
WBI Power technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
WBI Power Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
WBI Power Factor cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
WBI Power December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how WBI Power etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WBI Power shares will generate the highest return on investment. By undertsting and applying WBI Power etf market strength indicators, traders can identify WBI Power Factor entry and exit signals to maximize returns
WBI Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WBI Power's price direction in advance. Along with the technical and fundamental analysis of WBI Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of WBI to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0556 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0652 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WBI Power Factor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of WBI Power Factor is measured differently than its book value, which is the value of WBI that is recorded on the company's balance sheet. Investors also form their own opinion of WBI Power's value that differs from its market value or its book value, called intrinsic value, which is WBI Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WBI Power's market value can be influenced by many factors that don't directly affect WBI Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WBI Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if WBI Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WBI Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.