Wkly Etf Price on July 20, 2023
| WKLY Etf | USD 48.32 0.01 0.02% |
If you're considering investing in WKLY Etf, it is important to understand the factors that can impact its price. As of today, the current price of WKLY stands at 48.32, as last reported on the 10th of January, with the highest price reaching 48.39 and the lowest price hitting 48.20 during the day. We have found thirty technical indicators for WKLY, which you can use to evaluate the volatility of the etf. Please check out WKLY's Downside Deviation of 0.742, mean deviation of 0.5933, and Risk Adjusted Performance of 0.0418 to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
WKLY Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
WKLY |
Sharpe Ratio = 0.0
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Based on monthly moving average WKLY is not performing at its full potential. However, 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 WKLY by adding WKLY to a well-diversified portfolio.
WKLY Valuation on July 20, 2023
It is possible to determine the worth of WKLY on a given historical date. On July 20, 2023 WKLY was worth 48.0 at the beginning of the trading date compared to the closed value of 48.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WKLY etf. Still, in general, we apply an absolute valuation method to find WKLY'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 WKLY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WKLY's related companies.
| Open | High | Low | Close | Volume | |
| 47.84 | 47.90 | 47.73 | 47.86 | 2,834 | |
07/20/2023 | 48.00 | 48.15 | 48.00 | 48.10 | 1,917 |
| 48.31 | 48.39 | 48.20 | 48.32 | 3,500 |
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WKLY Trading Date Momentum on July 20, 2023
| On July 21 2023 WKLY was traded for 48.32 at the closing time. The top price for the day was 48.39 and the lowest listed price was 48.20 . The trading volume for the day was 3.5 K. The trading history from July 21, 2023 was a factor to the next trading day price jump. The trading price change against the next closing price was 0.46% . The trading price change against the current closing price is 0.44% . |
WKLY Fundamentals Correlations and Trends
By evaluating WKLY'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 WKLY's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WKLY financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WKLY Etf history
WKLY 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 WKLY is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WKLY 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 WKLY stock prices may prove useful in developing a viable investing in WKLY
The index follows a rules-based methodology that tracks the performance of the equity securities of publicly-traded, large- and mid-capitalization U.S. and non-U.S. companies in developed markets that are selected based on a set of dividend filters focused on dividend sustainability. Sofi Weekly is traded on NYSEARCA Exchange in the United States.
WKLY Etf Technical Analysis
WKLY 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
WKLY Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
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WKLY January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how WKLY etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WKLY shares will generate the highest return on investment. By undertsting and applying WKLY etf market strength indicators, traders can identify WKLY entry and exit signals to maximize returns
WKLY Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WKLY's price direction in advance. Along with the technical and fundamental analysis of WKLY Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of WKLY 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 | 0.0418 | |||
| Jensen Alpha | 0.0283 | |||
| Total Risk Alpha | 0.0131 | |||
| Sortino Ratio | 0.0156 | |||
| Treynor Ratio | 0.598 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of WKLY is measured differently than its book value, which is the value of WKLY that is recorded on the company's balance sheet. Investors also form their own opinion of WKLY's value that differs from its market value or its book value, called intrinsic value, which is WKLY'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 WKLY's market value can be influenced by many factors that don't directly affect WKLY'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 WKLY's value and its price as these two are different measures arrived at by different means. Investors typically determine if WKLY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WKLY'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.