Aztlan Global Stock Etf Price on August 28, 2024
| AZTD Etf | USD 25.12 0.12 0.48% |
If you're considering investing in Aztlan Etf, it is important to understand the factors that can impact its price. As of today, the current price of Aztlan Global stands at 25.12, as last reported on the 3rd of December, with the highest price reaching 25.15 and the lowest price hitting 25.12 during the day. At this point, Aztlan Global is very steady. Aztlan Global Stock secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the etf had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aztlan Global Stock, which you can use to evaluate the volatility of the entity. Please confirm Aztlan Global's Mean Deviation of 0.8223, risk adjusted performance of 0.0959, and Downside Deviation of 1.01 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
Aztlan Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Aztlan |
Sharpe Ratio = 0.1552
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Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Aztlan Global is performing at about 12% 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 Aztlan Global by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 4.5 K |
Aztlan Global Valuation on August 28, 2024
It is possible to determine the worth of Aztlan Global on a given historical date. On August 28, 2024 Aztlan was worth 23.23 at the beginning of the trading date compared to the closed value of 23.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aztlan Global etf. Still, in general, we apply an absolute valuation method to find Aztlan Global'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 Aztlan Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aztlan Global's related companies.
| Open | High | Low | Close | Volume | |
| 23.28 | 23.29 | 23.22 | 23.29 | 6,714 | |
08/28/2024 | 23.23 | 23.23 | 23.23 | 23.23 | 1.00 |
| 23.46 | 23.46 | 23.24 | 23.24 | 120.00 |
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Aztlan Global Trading Date Momentum on August 28, 2024
| On August 29 2024 Aztlan Global Stock was traded for 23.24 at the closing time. The top price for the day was 23.46 and the lowest listed price was 23.24 . The trading volume for the day was 120. The trading history from August 29, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.04% . The overall trading delta against the current closing price is 1.33% . |
Aztlan Global Stock Fundamentals Correlations and Trends
By evaluating Aztlan Global'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 Aztlan Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aztlan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aztlan Global Etf history
Aztlan Global 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 Aztlan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aztlan Global Stock 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 Aztlan Global stock prices may prove useful in developing a viable investing in Aztlan Global
Aztlan Global Etf Technical Analysis
Aztlan Global 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
Aztlan Global Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Aztlan Global Stock cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
Aztlan Global December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Aztlan Global etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aztlan Global shares will generate the highest return on investment. By undertsting and applying Aztlan Global etf market strength indicators, traders can identify Aztlan Global Stock entry and exit signals to maximize returns
Aztlan Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aztlan Global's price direction in advance. Along with the technical and fundamental analysis of Aztlan Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aztlan 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 | 0.0959 | |||
| Jensen Alpha | 0.024 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1451 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aztlan Global Stock. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Aztlan Global Stock is measured differently than its book value, which is the value of Aztlan that is recorded on the company's balance sheet. Investors also form their own opinion of Aztlan Global's value that differs from its market value or its book value, called intrinsic value, which is Aztlan Global'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 Aztlan Global's market value can be influenced by many factors that don't directly affect Aztlan Global'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 Aztlan Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aztlan Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aztlan Global'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.