BANKBETF (India) Price on October 25, 2024
| BANKBETF | 52.41 0.10 0.19% |
If you're considering investing in BANKBETF Etf, it is important to understand the factors that can impact its price. As of today, the current price of BANKBETF stands at 52.41, as last reported on the 29th of November, with the highest price reaching 52.54 and the lowest price hitting 52.00 during the day. Currently, BANKBETF is very steady. BANKBETF secures Sharpe Ratio (or Efficiency) of 0.0207, which signifies that the etf had a 0.0207% return per unit of risk over the last 3 months. We have found thirty technical indicators for BANKBETF, which you can use to evaluate the volatility of the entity. Please confirm BANKBETF's Coefficient Of Variation of 3304.26, mean deviation of 0.7113, and Semi Deviation of 0.9323 to double-check if the risk estimate we provide is consistent with the expected return of 0.0196%.
BANKBETF Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
BANKBETF |
Sharpe Ratio = 0.0207
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BANKBETF |
Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average BANKBETF is performing at about 1% 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 BANKBETF by adding it to a well-diversified portfolio.
BANKBETF Valuation on October 25, 2024
It is possible to determine the worth of BANKBETF on a given historical date. On October 25, 2024 BANKBETF was worth 52.71 at the beginning of the trading date compared to the closed value of 51.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BANKBETF etf. Still, in general, we apply an absolute valuation method to find BANKBETF'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 BANKBETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BANKBETF's related companies.
| Open | High | Low | Close | Volume | |
| 52.46 | 52.46 | 51.49 | 51.99 | 1,164,152 | |
10/25/2024 | 52.71 | 52.71 | 50.70 | 51.18 | 37,660 |
| 51.90 | 51.97 | 51.18 | 51.64 | 50,382 |
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BANKBETF Trading Date Momentum on October 25, 2024
| On October 28 2024 BANKBETF was traded for 51.64 at the closing time. The highest price during the trading period was 51.97 and the lowest recorded bid was listed for 51.18 . The volume for the day was 50.4 K. This history from October 28, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.90% . The overall trading delta to the current price is 2.03% . |
Price Boundaries
BANKBETF Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
BANKBETF 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.
BANKBETF November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how BANKBETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BANKBETF shares will generate the highest return on investment. By undertsting and applying BANKBETF etf market strength indicators, traders can identify BANKBETF entry and exit signals to maximize returns
BANKBETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BANKBETF's price direction in advance. Along with the technical and fundamental analysis of BANKBETF Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of BANKBETF 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.