Trueshares Structured Outcome Etf Price on January 8, 2024
| AUGZ Etf | USD 40.72 0.09 0.22% |
Below is the normalized historical share price chart for TrueShares Structured Outcome extending back to August 03, 2020. 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 TrueShares Structured stands at 40.72, as last reported on the 24th of November, with the highest price reaching 40.72 and the lowest price hitting 40.72 during the day.
If you're considering investing in TrueShares Etf, it is important to understand the factors that can impact its price. At this stage we consider TrueShares Etf to be very steady. TrueShares Structured owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for TrueShares Structured Outcome, which you can use to evaluate the volatility of the etf. Please validate TrueShares Structured's Risk Adjusted Performance of 0.1138, semi deviation of 0.4384, and Coefficient Of Variation of 655.55 to confirm if the risk estimate we provide is consistent with the expected return of 0.0795%.
TrueShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 11.48 | 200 Day MA 37.7601 | 1 y Volatility 8.5 | 50 Day MA 39.8457 | Inception Date 2020-07-31 |
TrueShares |
Sharpe Ratio = 0.138
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Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average TrueShares Structured 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 TrueShares Structured by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 272.6 K |
TrueShares Structured Valuation on January 8, 2024
It is possible to determine the worth of TrueShares Structured on a given historical date. On January 8, 2024 TrueShares was worth 33.74 at the beginning of the trading date compared to the closed value of 33.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TrueShares Structured etf. Still, in general, we apply an absolute valuation method to find TrueShares Structured'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 TrueShares Structured where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TrueShares Structured's related companies.
| Open | High | Low | Close | Volume | |
| 33.57 | 33.57 | 33.57 | 33.57 | 100.00 | |
01/08/2024 | 33.74 | 33.91 | 33.74 | 33.91 | 4,100 |
| 33.73 | 33.86 | 33.73 | 33.86 | 300.00 |
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TrueShares Structured Trading Date Momentum on January 8, 2024
| On January 09 2024 TrueShares Structured Outcome was traded for 33.86 at the closing time. The top price for the day was 33.86 and the lowest listed price was 33.73 . The trading volume for the day was 300. The trading history from January 9, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.15% . The trading price change against the current closing price is 0.24% . |
TrueShares Structured Fundamentals Correlations and Trends
By evaluating TrueShares Structured'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 TrueShares Structured's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TrueShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TrueShares Structured Etf history
TrueShares Structured 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 TrueShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TrueShares Structured 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 TrueShares Structured stock prices may prove useful in developing a viable investing in TrueShares Structured
The fund is an actively-managed ETF that seeks to achieve its investment objective by investing substantially all of its assets in options that reference the SP 500 Price Index. Trueshares Structured is traded on BATS Exchange in the United States.
TrueShares Structured Etf Technical Analysis
TrueShares Structured 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
TrueShares Structured Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
TrueShares Structured Outcome 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.
TrueShares Structured November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how TrueShares Structured etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TrueShares Structured shares will generate the highest return on investment. By undertsting and applying TrueShares Structured etf market strength indicators, traders can identify TrueShares Structured Outcome entry and exit signals to maximize returns
TrueShares Structured Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TrueShares Structured's price direction in advance. Along with the technical and fundamental analysis of TrueShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of TrueShares 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 | 0.1138 | |||
| Jensen Alpha | 2.0E-4 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1211 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in TrueShares Structured Outcome. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of TrueShares Structured is measured differently than its book value, which is the value of TrueShares that is recorded on the company's balance sheet. Investors also form their own opinion of TrueShares Structured's value that differs from its market value or its book value, called intrinsic value, which is TrueShares Structured'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 TrueShares Structured's market value can be influenced by many factors that don't directly affect TrueShares Structured'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 TrueShares Structured's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueShares Structured is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueShares Structured'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.