ACE Solactive (Korea) Price on February 13, 2024
| 446770 Etf | 23,800 150.00 0.63% |
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 Solactive stands at 23,800, as last reported on the 3rd of December, with the highest price reaching 24,075 and the lowest price hitting 23,800 during the day. At this point, ACE Solactive is very steady. ACE Solactive Global secures Sharpe Ratio (or Efficiency) of 0.078, which signifies that the etf had a 0.078% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for ACE Solactive Global, which you can use to evaluate the volatility of the entity. Please confirm ACE Solactive's mean deviation of 1.53, and Variance of 4.76 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
ACE Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ACE |
Sharpe Ratio = 0.078
| Best Portfolio | Best Equity | |||
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| Small Returns | 446770 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average ACE Solactive is performing at about 6% 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 Solactive by adding it to a well-diversified portfolio.
ACE Solactive Valuation on February 13, 2024
It is possible to determine the worth of ACE Solactive on a given historical date. On February 13, 2024 ACE was worth 19776.22 at the beginning of the trading date compared to the closed value of 19969.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ACE Solactive etf. Still, in general, we apply an absolute valuation method to find ACE Solactive'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 Solactive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ACE Solactive's related companies.
| Open | High | Low | Close | Volume | |
| 19,444 | 19,533 | 19,444 | 19,493 | 362,026 | |
02/13/2024 | 19,776 | 20,009 | 19,776 | 19,970 | 343,853 |
| 19,970 | 19,970 | 19,746 | 19,831 | 425,228 |
| Backtest ACE Solactive | | | ACE Solactive History | Previous | Next |
ACE Solactive Trading Date Momentum on February 13, 2024
| On February 14 2024 ACE Solactive Global was traded for 19,831 at the closing time. The highest price during the trading period was 19,970 and the lowest recorded bid was listed for 19,746 . The volume for the day was 425.2 K. This history from February 14, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.70% . The overall trading delta to the current price is 2.01% . |
Price Boundaries
ACE Solactive Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
ACE Solactive Global 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 Solactive December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how ACE Solactive 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 Solactive shares will generate the highest return on investment. By undertsting and applying ACE Solactive etf market strength indicators, traders can identify ACE Solactive Global entry and exit signals to maximize returns
ACE Solactive Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ACE Solactive'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.