ACE KRX (Korea) Price on November 12, 2024

411060 Etf   16,955  170.00  0.99%   
If you're considering investing in ACE Etf, it is important to understand the factors that can impact its price. As of today, the current price of ACE KRX stands at 16,955, as last reported on the 3rd of December, with the highest price reaching 17,125 and the lowest price hitting 16,905 during the day. At this point, ACE KRX is very steady. ACE KRX Physical secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the etf had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ACE KRX Physical, which you can use to evaluate the volatility of the entity. Please confirm ACE KRX's mean deviation of 0.9543, and Coefficient Of Variation of 884.54 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%.
  
ACE Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1201

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Estimated Market Risk

 1.4
  actual daily
12
88% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average ACE KRX is performing at about 9% 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 ACE KRX by adding it to a well-diversified portfolio.

ACE KRX Valuation on November 12, 2024

It is possible to determine the worth of ACE KRX on a given historical date. On November 12, 2024 ACE was worth 16700.0 at the beginning of the trading date compared to the closed value of 16580.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ACE KRX etf. Still, in general, we apply an absolute valuation method to find ACE KRX'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 ACE KRX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ACE KRX's related companies.
 Open High Low Close Volume
  17,260    17,400    16,855    16,950    896,608  
11/12/2024
  16,700    16,700    16,430    16,580    847,253  
  16,520    16,895    16,515    16,800    1,154,286  
Backtest ACE KRX  |  ACE KRX History  PreviousNext  
Open Value
16700.0
16,696
Downside
16580.0
Closing Value
16,704
Upside

ACE KRX Trading Date Momentum on November 12, 2024

On November 13 2024 ACE KRX Physical was traded for  16,800  at the closing time. The highest price during the trading period was 16,895  and the lowest recorded bid was listed for  16,515 . The volume for the day was 1.2 M. This history from November 13, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.33% . The overall trading delta to the current price is 4.25% .

Price Boundaries

ACE KRX Period Price Range

Low
December 3, 2024
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ACE KRX Physical cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock 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.

ACE KRX December 3, 2024 Market Strength

Market strength indicators help investors to evaluate how ACE KRX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ACE KRX shares will generate the highest return on investment. By undertsting and applying ACE KRX etf market strength indicators, traders can identify ACE KRX Physical entry and exit signals to maximize returns

ACE KRX Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ACE KRX's price direction in advance. Along with the technical and fundamental analysis of ACE Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ACE 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.