Etracs 2xmonthly Pay Etf Price History

SMHB Etf  USD 5.60  0.09  1.58%   
Below is the normalized historical share price chart for ETRACS 2xMonthly Pay extending back to November 09, 2018. 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 ETRACS 2xMonthly stands at 5.60, as last reported on the 11th of December 2024, with the highest price reaching 5.74 and the lowest price hitting 5.60 during the day.
3 y Volatility
57.28
200 Day MA
6.0177
1 y Volatility
40.12
50 Day MA
5.882
Inception Date
2018-11-08
 
Covid
If you're considering investing in ETRACS Etf, it is important to understand the factors that can impact its price. ETRACS 2xMonthly Pay secures Sharpe Ratio (or Efficiency) of -0.0337, which denotes the etf had a -0.0337% return per unit of volatility over the last 3 months. ETRACS 2xMonthly Pay exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ETRACS 2xMonthly's Market Risk Adjusted Performance of 0.0046, downside deviation of 1.79, and Mean Deviation of 1.47 to check the risk estimate we provide.
  
ETRACS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0337

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Estimated Market Risk

 1.82
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average ETRACS 2xMonthly 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 ETRACS 2xMonthly by adding ETRACS 2xMonthly to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

ETRACS 2xMonthly Etf Price History Chart

There are several ways to analyze ETRACS 2xMonthly Pay Etf price data. The simplest method is using a basic ETRACS candlestick price chart, which shows ETRACS 2xMonthly price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 24, 20246.29
Lowest PriceNovember 5, 20245.54

ETRACS 2xMonthly December 11, 2024 Etf Price Synopsis

Various analyses of ETRACS 2xMonthly's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell ETRACS Etf. It can be used to describe the percentage change in the price of ETRACS 2xMonthly from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of ETRACS Etf.
ETRACS 2xMonthly Accumulation Distribution 1,243 
ETRACS 2xMonthly Price Action Indicator(0.12)
ETRACS 2xMonthly Price Rate Of Daily Change 0.98 
ETRACS 2xMonthly Price Daily Balance Of Power(0.64)

ETRACS 2xMonthly December 11, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in ETRACS 2xMonthly Pay Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use ETRACS 2xMonthly intraday prices and daily technical indicators to check the level of noise trading in ETRACS 2xMonthly Pay Etf and then apply it to test your longer-term investment strategies against ETRACS.

ETRACS Etf Price History Data

The price series of ETRACS 2xMonthly for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 has a statistical range of 0.81 with a coefficient of variation of 3.92. The price distribution for the period has arithmetic mean of 5.88. The median price for the last 90 days is 5.85. The company had dividends distributed to its stock-holders on 12th of May 2020.
OpenHighLowCloseVolume
12/10/2024 5.68  5.74  5.60  5.60  50,981 
12/09/2024 5.66  5.74  5.66  5.69  17,570 
12/06/2024 5.64  5.71  5.61  5.65  32,055 
12/05/2024 5.62  5.69  5.62  5.62  54,447 
12/04/2024 5.82  5.84  5.61  5.64  88,800 
12/03/2024 5.85  5.85  5.68  5.68  20,525 
12/02/2024 5.85  5.85  5.71  5.82  32,140 
11/29/2024 5.78  5.84  5.78  5.83  12,554 
11/27/2024 5.76  5.89  5.76  5.77  46,300 
11/26/2024 5.82  5.82  5.67  5.78  49,076 
11/25/2024 5.66  5.98  5.66  5.94  49,251 
11/22/2024 5.65  5.74  5.58  5.73  29,691 
11/21/2024 5.60  5.61  5.49  5.58  52,011 
11/20/2024 5.70  5.70  5.44  5.62  92,700 
11/19/2024 5.60  5.64  5.50  5.64  113,220 
11/18/2024 5.50  5.61  5.50  5.58  91,149 
11/15/2024 5.55  5.63  5.54  5.57  23,995 
11/14/2024 5.74  5.74  5.55  5.58  21,556 
11/13/2024 5.71  5.75  5.62  5.68  78,607 
11/12/2024 5.83  5.83  5.66  5.72  41,510 
11/11/2024 5.96  5.96  5.82  5.85  42,242 
11/08/2024 5.81  5.90  5.76  5.85  36,636 
11/07/2024 5.80  5.82  5.65  5.73  69,359 
11/06/2024 5.73  5.92  5.59  5.73  24,094 
11/05/2024 5.55  5.64  5.47  5.54  28,324 
11/04/2024 5.70  5.70  5.49  5.65  34,119 
11/01/2024 5.67  5.94  5.43  5.70  75,445 
10/31/2024 5.78  5.95  5.62  5.62  50,406 
10/30/2024 5.71  5.87  5.71  5.78  11,372 
10/29/2024 5.86  5.86  5.62  5.74  46,080 
10/28/2024 5.86  5.95  5.86  5.86  34,205 
10/25/2024 6.03  6.03  5.82  5.82  18,273 
10/24/2024 5.86  5.96  5.86  5.96  7,232 
10/23/2024 6.06  6.06  5.83  5.90  57,902 
10/22/2024 6.06  6.19  5.97  6.19  54,724 
10/21/2024 6.20  6.20  6.04  6.06  13,912 
10/18/2024 6.20  6.23  6.12  6.19  8,987 
10/17/2024 6.08  6.19  6.08  6.19  11,457 
10/16/2024 6.02  6.16  6.02  6.15  8,657 
10/15/2024 6.01  6.20  5.78  6.20  20,596 
10/14/2024 5.97  5.97  5.85  5.91  10,391 
10/11/2024 5.98  5.98  5.87  5.87  21,861 
10/10/2024 5.93  5.93  5.79  5.84  92,109 
10/09/2024 6.01  6.02  5.88  6.02  29,536 
10/08/2024 6.06  6.08  5.63  6.07  68,317 
10/07/2024 6.08  6.08  5.90  5.93  19,918 
10/04/2024 6.06  6.08  6.02  6.06  9,645 
10/03/2024 6.10  6.10  5.96  5.98  6,433 
10/02/2024 6.09  6.15  5.98  5.99  13,766 
10/01/2024 6.24  6.24  6.04  6.09  34,759 
09/30/2024 6.26  6.26  6.17  6.23  42,578 
09/27/2024 6.17  6.31  6.17  6.25  42,027 
09/26/2024 5.86  6.17  5.86  6.15  4,967 
09/25/2024 6.26  6.26  6.10  6.19  16,066 
09/24/2024 6.24  6.34  6.23  6.29  43,534 
09/23/2024 6.23  6.24  6.12  6.19  17,608 
09/20/2024 6.19  6.24  6.17  6.24  15,852 
09/19/2024 6.23  6.31  6.12  6.19  196,422 
09/18/2024 6.15  6.30  6.13  6.21  40,831 
09/17/2024 6.19  6.23  6.15  6.16  35,282 
09/16/2024 6.06  6.13  6.04  6.12  18,493 

About ETRACS 2xMonthly Etf history

ETRACS 2xMonthly 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 ETRACS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ETRACS 2xMonthly Pay 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 ETRACS 2xMonthly stock prices may prove useful in developing a viable investing in ETRACS 2xMonthly
The index is designed to measure the performance of 100 relatively small capitalization, dividend yielding index constituent securities selected from a universe of qualifying U.S. listed equity securities. Etracs 2X is traded on NYSEARCA Exchange in the United States.

ETRACS 2xMonthly Etf Technical Analysis

ETRACS 2xMonthly 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.
A focus of ETRACS 2xMonthly technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ETRACS 2xMonthly trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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ETRACS 2xMonthly Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ETRACS 2xMonthly's price direction in advance. Along with the technical and fundamental analysis of ETRACS Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ETRACS 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.
When determining whether ETRACS 2xMonthly Pay offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ETRACS 2xMonthly's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Etracs 2xmonthly Pay Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Etracs 2xmonthly Pay Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ETRACS 2xMonthly Pay. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of ETRACS 2xMonthly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS 2xMonthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS 2xMonthly'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 ETRACS 2xMonthly's market value can be influenced by many factors that don't directly affect ETRACS 2xMonthly'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 ETRACS 2xMonthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS 2xMonthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS 2xMonthly'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.