Evolve Global Materials Etf Price on November 30, 2023
| BASE Etf | CAD 24.30 0.20 0.83% |
Below is the normalized historical share price chart for Evolve Global Materials extending back to June 13, 2019. 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 Evolve Global stands at 24.30, as last reported on the 1st of December, with the highest price reaching 24.30 and the lowest price hitting 24.00 during the day.
If you're considering investing in Evolve Etf, it is important to understand the factors that can impact its price. As of now, Evolve Etf is very steady. Evolve Global Materials secures Sharpe Ratio (or Efficiency) of 0.0606, which denotes the etf had a 0.0606% return per unit of risk over the last 3 months. We have found thirty technical indicators for Evolve Global Materials, which you can use to evaluate the volatility of the entity. Please confirm Evolve Global's Mean Deviation of 0.9113, coefficient of variation of 3164.23, and Downside Deviation of 1.22 to check if the risk estimate we provide is consistent with the expected return of 0.0678%.
Evolve Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 24.05 | 200 Day MA 25.5086 | 1 y Volatility 16.42 | 50 Day MA 24.9812 | Inception Date 2019-06-11 |
Evolve |
Sharpe Ratio = 0.0606
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Evolve Global is performing at about 4% 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 Global by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 36.8 K |
Evolve Global Valuation on November 30, 2023
It is possible to determine the worth of Evolve Global on a given historical date. On November 30, 2023 Evolve was worth 23.24 at the beginning of the trading date compared to the closed value of 23.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evolve Global etf. Still, in general, we apply an absolute valuation method to find Evolve 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 Evolve Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evolve Global's related companies.
| Open | High | Low | Close | Volume | |
| 23.28 | 23.28 | 23.17 | 23.20 | 700.00 | |
11/30/2023 | 23.24 | 23.31 | 23.24 | 23.30 | 1,200 |
| 23.34 | 23.83 | 23.34 | 23.81 | 1,500 |
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Evolve Global Trading Date Momentum on November 30, 2023
| On December 01 2023 Evolve Global Materials was traded for 23.81 at the closing time. The highest price during the trading period was 23.83 and the lowest recorded bid was listed for 23.34 . The volume for the day was 1.5 K. This history from December 1, 2023 contributed to the next trading day price boost. The overall trading delta to the next closing price was 2.19% . The overall trading delta to the current price is 1.12% . |
Evolve Global Materials Fundamentals Correlations and Trends
By evaluating Evolve 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 Evolve Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Evolve financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Evolve Global Etf history
Evolve 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 Evolve is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Evolve Global Materials 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 Evolve Global stock prices may prove useful in developing a viable investing in Evolve Global
Evolve Global Etf Technical Analysis
Evolve 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
Evolve Global Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Evolve Global Materials 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 Global December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Evolve 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 Evolve Global shares will generate the highest return on investment. By undertsting and applying Evolve Global etf market strength indicators, traders can identify Evolve Global Materials entry and exit signals to maximize returns
Evolve Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Evolve Global's price direction in advance. Along with the technical and fundamental analysis of Evolve Etf 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 | 0.0276 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0617 |
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Other Information on Investing in Evolve Etf
Evolve Global financial ratios help investors to determine whether Evolve Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Evolve with respect to the benefits of owning Evolve Global security.