Trend ETF (Brazil) Price on November 25, 2024
| BOVX11 Etf | 12.63 0.34 2.62% |
If you're considering investing in Trend Etf, it is important to understand the factors that can impact its price. As of today, the current price of Trend ETF stands at 12.63, as last reported on the 29th of November, with the highest price reaching 12.94 and the lowest price hitting 12.62 during the day. Trend ETF Ibovespa owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the etf had a -0.14% return per unit of risk over the last 3 months. Trend ETF Ibovespa exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trend ETF's Risk Adjusted Performance of (0.12), coefficient of variation of (621.81), and Variance of 0.727 to confirm the risk estimate we provide.
Trend Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Trend |
Sharpe Ratio = -0.1438
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BOVX11 |
Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Trend 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 Trend ETF by adding Trend ETF to a well-diversified portfolio.
Trend ETF Valuation on November 25, 2024
It is possible to determine the worth of Trend ETF on a given historical date. On November 25, 2024 Trend was worth 13.06 at the beginning of the trading date compared to the closed value of 13.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trend ETF etf. Still, in general, we apply an absolute valuation method to find Trend 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 Trend ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trend ETF's related companies.
| Open | High | Low | Close | Volume | |
| 13.03 | 13.13 | 12.93 | 13.13 | 554,732 | |
11/25/2024 | 13.06 | 13.15 | 13.06 | 13.11 | 547,645 |
| 13.08 | 13.23 | 13.08 | 13.17 | 180,048 |
| Backtest Trend ETF | | | Trend ETF History | Previous | Next |
Trend ETF Trading Date Momentum on November 25, 2024
| On November 26 2024 Trend ETF Ibovespa was traded for 13.17 at the closing time. The highest price during the trading period was 13.23 and the lowest recorded bid was listed for 13.08 . The volume for the day was 180 K. This history from November 26, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.46% . The trading price change to the current price is 1.30% . |
Price Boundaries
Trend ETF Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Trend ETF Ibovespa cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
Trend ETF November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Trend 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 Trend ETF shares will generate the highest return on investment. By undertsting and applying Trend ETF etf market strength indicators, traders can identify Trend ETF Ibovespa entry and exit signals to maximize returns
Trend ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trend ETF's price direction in advance. Along with the technical and fundamental analysis of Trend Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trend 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.