Element Etfs Etf Profile
Element ETFs is trading at 20.28 as of the 11th of December 2024. This is a 1.27 percent down since the beginning of the trading day. The etf's lowest day price was 20.28. The performance scores are derived for the period starting the 20th of July 2023 and ending today, the 11th of December 2024. Click here to learn more.
Element Etf Highlights
| Old Name | Element EV & Solar Battery Materials (Lithium Nickel Copper Cobalt) Futures ETF |
| 200 Day M A | 19.4462 |
| Country Name | USA |
| 50 Day M A | 16.7595 |
| Code | CHRG |
| Updated At | 2nd of February 2024 |
| Name | Element EV Solar Battery Materials Futures ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01C3HJFJ7 |
| Type | ETF |
Element ETFs [CHRG] is traded in USA and was established null. The fund is not filed under any group at this time. The fund currently have in assets under management (AUM).
Check Element ETFs Probability Of Bankruptcy
Element ETFs Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Element ETFs. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.9638 | |||
| Standard Deviation | 1.35 | |||
| Variance | 1.82 | |||
| Risk Adjusted Performance | (0.07) |
Element ETFs Against Markets
Element ETFs Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Element ETFs etf to make a market-neutral strategy. Peer analysis of Element ETFs could also be used in its relative valuation, which is a method of valuing Element ETFs by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Trending Equities 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 metropolitan statistical area. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of Element ETFs is measured differently than its book value, which is the value of Element that is recorded on the company's balance sheet. Investors also form their own opinion of Element ETFs' value that differs from its market value or its book value, called intrinsic value, which is Element ETFs' 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 Element ETFs' market value can be influenced by many factors that don't directly affect Element ETFs' 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 Element ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Element ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Element ETFs' 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.