Xweb Etf Price on July 24, 2023
| XWEB Etf | USD 80.57 0.14 0.17% |
If you're considering investing in XWEB Etf, it is important to understand the factors that can impact its price. As of today, the current price of XWEB stands at 80.57, as last reported on the 15th of December 2024, with the highest price reaching 80.93 and the lowest price hitting 80.57 during the day. We have found thirty technical indicators for XWEB, which you can use to evaluate the volatility of the etf. Please check out XWEB's Mean Deviation of 1.45, risk adjusted performance of 0.1065, and Downside Deviation of 1.59 to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
XWEB Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
XWEB |
Sharpe Ratio = 0.0
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Based on monthly moving average XWEB 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 XWEB by adding XWEB to a well-diversified portfolio.
XWEB Valuation on July 24, 2023
It is possible to determine the worth of XWEB on a given historical date. On July 24, 2023 XWEB was worth 80.71 at the beginning of the trading date compared to the closed value of 80.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of XWEB etf. Still, in general, we apply an absolute valuation method to find XWEB'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 XWEB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against XWEB's related companies.
| Open | High | Low | Close | Volume | |
| 82.80 | 82.80 | 81.34 | 81.41 | 1,543 | |
07/24/2023 | 80.71 | 80.93 | 80.57 | 80.57 | 818.00 |
| 80.71 | 80.93 | 80.57 | 80.57 | 0.00 |
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XWEB Trading Date Momentum on July 24, 2023
| On December 15 2024 XWEB was traded for 80.57 at the closing time. The top price for the day was 80.93 and the lowest listed price was 80.57 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 had no short-term effect on price fluctuation. The trading price change against the current closing price is 0.17% . |
XWEB Fundamentals Correlations and Trends
By evaluating XWEB'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 XWEB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. XWEB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About XWEB Etf history
XWEB 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 XWEB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in XWEB 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 XWEB stock prices may prove useful in developing a viable investing in XWEB
XWEB Etf Technical Analysis
XWEB 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
XWEB Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
XWEB cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
XWEB December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how XWEB etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading XWEB shares will generate the highest return on investment. By undertsting and applying XWEB etf market strength indicators, traders can identify XWEB entry and exit signals to maximize returns
XWEB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for XWEB's price direction in advance. Along with the technical and fundamental analysis of XWEB Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of XWEB 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 | 0.1065 | |||
| Jensen Alpha | 0.2394 | |||
| Total Risk Alpha | 0.0151 | |||
| Sortino Ratio | 0.0867 | |||
| Treynor Ratio | (1.79) |
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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 income. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of XWEB is measured differently than its book value, which is the value of XWEB that is recorded on the company's balance sheet. Investors also form their own opinion of XWEB's value that differs from its market value or its book value, called intrinsic value, which is XWEB'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 XWEB's market value can be influenced by many factors that don't directly affect XWEB'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 XWEB's value and its price as these two are different measures arrived at by different means. Investors typically determine if XWEB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XWEB'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.