2023 Etf Series Etf Price on October 21, 2024
BINV Etf | 30.35 0.07 0.23% |
If you're considering investing in 2023 Etf, it is important to understand the factors that can impact its price. As of today, the current price of 2023 ETF stands at 30.35, as last reported on the 28th of November, with the highest price reaching 30.45 and the lowest price hitting 30.29 during the day. 2023 ETF Series retains Efficiency (Sharpe Ratio) of -0.0981, which signifies that the etf had a -0.0981% return per unit of price deviation over the last 3 months. 2023 ETF exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 2023 ETF's Variance of 0.5966, information ratio of (0.27), and Market Risk Adjusted Performance of (0.22) to double-check the risk estimate we provide.
2023 Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
2023 |
Sharpe Ratio = -0.0981
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | BINV |
Estimated Market Risk
0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 2023 ETF is not performing at its full potential. However, 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 2023 ETF by adding 2023 ETF to a well-diversified portfolio.
Average Mkt Cap Mil 28.9 K |
Related Headline
Dimensional International Headline on 21st of October 2024
SG Americas Securities LLC Trims Position in Ready Capital C... by news.google.com
SG Americas Securities LLC Trims Position in Ready Capital Co. Defense World
2023 ETF Valuation on October 21, 2024
It is possible to determine the worth of 2023 ETF on a given historical date. On October 21, 2024 2023 was worth 32.2 at the beginning of the trading date compared to the closed value of 32.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 2023 ETF etf. Still, in general, we apply an absolute valuation method to find 2023 ETF'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 2023 ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 2023 ETF's related companies.
Open | High | Low | Close | Volume | |
32.33 | 32.33 | 32.19 | 32.32 | 16,736 | |
10/21/2024 | 32.20 | 32.20 | 31.93 | 32.03 | 12,891 |
31.88 | 31.89 | 31.79 | 31.89 | 19,385 |
Backtest 2023 ETF | | | 2023 ETF History | | | 2023 ETF Valuation | Previous | Next |
2023 ETF Trading Date Momentum on October 21, 2024
On October 22 2024 2023 ETF Series was traded for 31.89 at the closing time. The top price for the day was 31.89 and the lowest listed price was 31.79 . The trading volume for the day was 19.4 K. The trading history from October 22, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.44% . The daily price change against the current closing price is 2.34% . |
About 2023 ETF Etf history
2023 ETF 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 2023 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 2023 ETF Series 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 2023 ETF stock prices may prove useful in developing a viable investing in 2023 ETF
2023 ETF Etf Technical Analysis
2023 ETF 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
2023 ETF Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
2023 ETF Series 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.
2023 ETF November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how 2023 ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 2023 ETF shares will generate the highest return on investment. By undertsting and applying 2023 ETF etf market strength indicators, traders can identify 2023 ETF Series entry and exit signals to maximize returns
2023 ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 2023 ETF's price direction in advance. Along with the technical and fundamental analysis of 2023 Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 2023 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 | (0.07) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | (0.23) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 2023 ETF Series. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of 2023 ETF Series is measured differently than its book value, which is the value of 2023 that is recorded on the company's balance sheet. Investors also form their own opinion of 2023 ETF's value that differs from its market value or its book value, called intrinsic value, which is 2023 ETF'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 2023 ETF's market value can be influenced by many factors that don't directly affect 2023 ETF'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 2023 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2023 ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2023 ETF'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.