Evolve Artificial Intelligence Fund Price on November 15, 2024
| ARTI Fund | 11.43 0.12 1.06% |
If you're considering investing in Evolve Fund, it is important to understand the factors that can impact its price. As of today, the current price of Evolve Artificial stands at 11.43, as last reported on the 30th of November, with the highest price reaching 11.43 and the lowest price hitting 11.43 during the day. As of now, Evolve Fund is not too volatile. Evolve Artificial secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Evolve Artificial Intelligence, which you can use to evaluate the volatility of the entity. Please confirm Evolve Artificial's Coefficient Of Variation of 1090.19, downside deviation of 1.52, and Mean Deviation of 0.9039 to check if the risk estimate we provide is consistent with the expected return of 0.18%.
Evolve Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Evolve |
Sharpe Ratio = 0.1294
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ARTI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Evolve Artificial is performing at about 10% 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 Evolve Artificial by adding it to a well-diversified portfolio.
Evolve Artificial Valuation on November 15, 2024
It is possible to determine the worth of Evolve Artificial on a given historical date. On November 15, 2024 Evolve was worth 11.26 at the beginning of the trading date compared to the closed value of 11.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evolve Artificial fund. Still, in general, we apply an absolute valuation method to find Evolve Artificial'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 Evolve Artificial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evolve Artificial's related companies.
| Open | High | Low | Close | Volume | |
| 11.56 | 11.56 | 11.44 | 11.44 | 800.00 | |
11/15/2024 | 11.26 | 11.26 | 11.11 | 11.13 | 1,935 |
| 11.20 | 11.20 | 11.17 | 11.17 | 3,397 |
| Backtest Evolve Artificial | | | Evolve Artificial History | Previous | Next |
Evolve Artificial Trading Date Momentum on November 15, 2024
| On November 18 2024 Evolve Artificial Intelligence was traded for 11.17 at the closing time. The highest price during the trading period was 11.20 and the lowest recorded bid was listed for 11.17 . The volume for the day was 3.4 K. This history from November 18, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.36% . The overall trading delta to the current price is 2.70% . |
Price Boundaries
Evolve Artificial Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Evolve Artificial Intelligence cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Evolve Artificial November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Evolve Artificial fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evolve Artificial shares will generate the highest return on investment. By undertsting and applying Evolve Artificial fund market strength indicators, traders can identify Evolve Artificial Intelligence entry and exit signals to maximize returns
Evolve Artificial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Evolve Artificial's price direction in advance. Along with the technical and fundamental analysis of Evolve Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Evolve 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 | 0.0746 | |||
| Jensen Alpha | 0.082 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.4248 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |