Purpose Global Bond Etf Price on July 8, 2024
| BND Etf | CAD 17.97 0.06 0.34% |
Below is the normalized historical share price chart for Purpose Global Bond extending back to October 28, 2015. 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 Purpose Global stands at 17.97, as last reported on the 30th of November, with the highest price reaching 17.99 and the lowest price hitting 17.85 during the day.
If you're considering investing in Purpose Etf, it is important to understand the factors that can impact its price. As of now, Purpose Etf is very steady. Purpose Global Bond maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Purpose Global Bond, which you can use to evaluate the volatility of the etf. Please check Purpose Global's Downside Deviation of 0.1623, risk adjusted performance of 0.102, and Standard Deviation of 0.1947 to confirm if the risk estimate we provide is consistent with the expected return of 0.0336%.
Purpose Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 6.84 | 200 Day MA 17.5848 | 1 y Volatility 6.05 | 50 Day MA 17.9281 | Inception Date 2015-10-28 |
Purpose |
Sharpe Ratio = 0.1701
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Estimated Market Risk
| 0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Purpose Global is performing at about 13% 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 Purpose Global by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 27.62164 | Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0, Micro=0.00028} |
Purpose Global Valuation on July 8, 2024
It is possible to determine the worth of Purpose Global on a given historical date. On July 8, 2024 Purpose was worth 17.06 at the beginning of the trading date compared to the closed value of 17.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Purpose Global etf. Still, in general, we apply an absolute valuation method to find Purpose 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 Purpose Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Purpose Global's related companies.
| Open | High | Low | Close | Volume | |
| 16.98 | 16.99 | 16.97 | 16.98 | 2,000 | |
07/08/2024 | 17.06 | 17.06 | 17.00 | 17.00 | 6,300 |
| 17.00 | 17.05 | 17.00 | 17.05 | 2,700 |
| Backtest Purpose Global | | | Purpose Global History | | | Purpose Global Valuation | Previous | Next |
Purpose Global Trading Date Momentum on July 8, 2024
| On July 09 2024 Purpose Global Bond was traded for 17.05 at the closing time. The maximum traded price for the trading interval was 17.05 and the lowest daily price was 17.00 . The daily volume was recorded at 2.7 K. The volume of trading on 9th of July 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.29% . The trading delta at closing time to the closing price today is 0.94% . |
Purpose Global Bond Fundamentals Correlations and Trends
By evaluating Purpose 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 Purpose Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Purpose financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Purpose Global Etf history
Purpose 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 Purpose is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Purpose Global Bond 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 Purpose Global stock prices may prove useful in developing a viable investing in Purpose Global
Purpose Global Etf Technical Analysis
Purpose 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
Purpose Global Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Purpose Global Bond 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.
Purpose Global November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Purpose 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 Purpose Global shares will generate the highest return on investment. By undertsting and applying Purpose Global etf market strength indicators, traders can identify Purpose Global Bond entry and exit signals to maximize returns
Purpose Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Purpose Global's price direction in advance. Along with the technical and fundamental analysis of Purpose Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Purpose 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 | 0.102 | |||
| Jensen Alpha | 0.0153 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.64) | |||
| Treynor Ratio | 0.3697 |
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Other Information on Investing in Purpose Etf
Purpose Global financial ratios help investors to determine whether Purpose 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 Purpose with respect to the benefits of owning Purpose Global security.