Aptus Drawdown Managed Etf Price on November 1, 2024
| ADME Etf | USD 47.45 0.23 0.49% |
Below is the normalized historical share price chart for Aptus Drawdown Managed extending back to June 09, 2016. 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 Aptus Drawdown stands at 47.45, as last reported on the 22nd of November, with the highest price reaching 47.57 and the lowest price hitting 46.99 during the day.
If you're considering investing in Aptus Etf, it is important to understand the factors that can impact its price. At this point, Aptus Drawdown is very steady. Aptus Drawdown Managed secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the etf had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Aptus Drawdown Managed, which you can use to evaluate the volatility of the entity. Please confirm Aptus Drawdown's Downside Deviation of 0.7582, mean deviation of 0.527, and Risk Adjusted Performance of 0.0749 to double-check if the risk estimate we provide is consistent with the expected return of 0.0761%.
Aptus Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 13.72 | 200 Day MA 43.5403 | 1 y Volatility 10.43 | 50 Day MA 46.4359 | Inception Date 2016-06-08 |
Aptus |
Sharpe Ratio = 0.1077
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Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Aptus Drawdown is performing at about 8% 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 Aptus Drawdown by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 431 K |
Aptus Drawdown Valuation on November 1, 2024
It is possible to determine the worth of Aptus Drawdown on a given historical date. On November 1, 2024 Aptus was worth 46.0 at the beginning of the trading date compared to the closed value of 45.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aptus Drawdown etf. Still, in general, we apply an absolute valuation method to find Aptus Drawdown'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 Aptus Drawdown where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aptus Drawdown's related companies.
| Open | High | Low | Close | Volume | |
| 46.08 | 46.08 | 45.80 | 45.80 | 10,614 | |
11/01/2024 | 46.00 | 46.62 | 40.81 | 45.80 | 970,251 |
| 45.80 | 45.99 | 45.68 | 45.72 | 32,309 |
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Aptus Drawdown Trading Date Momentum on November 1, 2024
| On November 04 2024 Aptus Drawdown Managed was traded for 45.72 at the closing time. The top price for the day was 45.99 and the lowest listed price was 45.68 . The trading volume for the day was 32.3 K. The trading history from November 4, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.17% . The overall trading delta against the current closing price is 4.43% . |
Aptus Drawdown Managed Fundamentals Correlations and Trends
By evaluating Aptus Drawdown'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 Aptus Drawdown's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aptus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aptus Drawdown Etf history
Aptus Drawdown 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 Aptus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aptus Drawdown Managed 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 Aptus Drawdown stock prices may prove useful in developing a viable investing in Aptus Drawdown
Aptus Drawdown Etf Technical Analysis
Aptus Drawdown 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
Aptus Drawdown Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Aptus Drawdown Managed cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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.
Aptus Drawdown November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Aptus Drawdown etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aptus Drawdown shares will generate the highest return on investment. By undertsting and applying Aptus Drawdown etf market strength indicators, traders can identify Aptus Drawdown Managed entry and exit signals to maximize returns
Aptus Drawdown Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aptus Drawdown's price direction in advance. Along with the technical and fundamental analysis of Aptus Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aptus 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 | 0.0749 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0806 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aptus Drawdown Managed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Aptus Drawdown Managed is measured differently than its book value, which is the value of Aptus that is recorded on the company's balance sheet. Investors also form their own opinion of Aptus Drawdown's value that differs from its market value or its book value, called intrinsic value, which is Aptus Drawdown'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 Aptus Drawdown's market value can be influenced by many factors that don't directly affect Aptus Drawdown'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 Aptus Drawdown's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aptus Drawdown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aptus Drawdown'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.