Axis Gold (India) Price on November 14, 2024
AXISGOLD | 64.54 0.09 0.14% |
Below is the normalized historical share price chart for Axis Gold ETF extending back to November 16, 2010. 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 Axis Gold stands at 64.54, as last reported on the 29th of November, with the highest price reaching 65.19 and the lowest price hitting 64.50 during the day.
If you're considering investing in Axis Etf, it is important to understand the factors that can impact its price. As of now, Axis Etf is very steady. Axis Gold ETF 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 twenty-eight technical indicators for Axis Gold ETF, which you can use to evaluate the volatility of the entity. Please confirm Axis Gold's Risk Adjusted Performance of 0.0706, mean deviation of 0.6728, and Downside Deviation of 1.05 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%.
Axis Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Axis |
Sharpe Ratio = 0.1102
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Estimated Market Risk
0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
0.1 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 Axis Gold 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 Axis Gold by adding it to a well-diversified portfolio.
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Axis Gold Valuation on November 14, 2024
It is possible to determine the worth of Axis Gold on a given historical date. On November 14, 2024 Axis was worth 65.3 at the beginning of the trading date compared to the closed value of 62.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Axis Gold etf. Still, in general, we apply an absolute valuation method to find Axis Gold'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 Axis Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Axis Gold's related companies.
Open | High | Low | Close | Volume | |
63.79 | 63.79 | 63.30 | 63.42 | 176,952 | |
11/14/2024 | 65.30 | 65.30 | 62.01 | 62.10 | 1,390,180 |
63.34 | 63.45 | 62.77 | 63.31 | 263,719 |
Backtest Axis Gold | | | Axis Gold History | Previous | Next |
Axis Gold Trading Date Momentum on November 14, 2024
On November 18 2024 Axis Gold ETF was traded for 63.31 at the closing time. The highest price during the trading period was 63.45 and the lowest recorded bid was listed for 62.77 . The volume for the day was 263.7 K. This history from November 18, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 1.95% . The overall trading delta to the current price is 4.43% . |
Price Boundaries
Axis Gold Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Axis Gold ETF cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Axis Gold November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Axis Gold etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axis Gold shares will generate the highest return on investment. By undertsting and applying Axis Gold etf market strength indicators, traders can identify Axis Gold ETF entry and exit signals to maximize returns
Axis Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Axis Gold's price direction in advance. Along with the technical and fundamental analysis of Axis Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Axis 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.