Main Buywrite Etf Price on May 24, 2024
| BUYW Etf | USD 13.96 0.02 0.14% |
If you're considering investing in Main Etf, it is important to understand the factors that can impact its price. As of today, the current price of Main Buywrite stands at 13.96, as last reported on the 26th of November, with the highest price reaching 13.96 and the lowest price hitting 13.92 during the day. At this stage we consider Main Etf to be very steady. Main Buywrite ETF has Sharpe Ratio of 0.13, which conveys that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Main Buywrite, which you can use to evaluate the volatility of the etf. Please verify Main Buywrite's Mean Deviation of 0.1756, risk adjusted performance of 0.0547, and Downside Deviation of 0.2621 to check out if the risk estimate we provide is consistent with the expected return of 0.0285%.
Main Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Main |
Sharpe Ratio = 0.125
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| Negative Returns | BUYW |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Main Buywrite is performing at about 9% 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 Main Buywrite by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 272.3 K |
Main Buywrite Valuation on May 24, 2024
It is possible to determine the worth of Main Buywrite on a given historical date. On May 24, 2024 Main was worth 13.35 at the beginning of the trading date compared to the closed value of 13.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Main Buywrite etf. Still, in general, we apply an absolute valuation method to find Main Buywrite'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 Main Buywrite where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Main Buywrite's related companies.
| Open | High | Low | Close | Volume | |
| 13.37 | 13.40 | 13.35 | 13.35 | 121,457 | |
05/24/2024 | 13.35 | 13.42 | 13.35 | 13.41 | 80,559 |
| 13.40 | 13.41 | 13.37 | 13.39 | 104,528 |
| Backtest Main Buywrite | | | Main Buywrite History | | | Main Buywrite Valuation | Previous | Next |
Main Buywrite Trading Date Momentum on May 24, 2024
| On May 28 2024 Main Buywrite ETF was traded for 13.39 at the closing time. The top price for the day was 13.41 and the lowest listed price was 13.37 . The trading volume for the day was 104.5 K. The trading history from May 28, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.15% . The trading delta at closing time against the current closing price is 0.22% . |
Main Buywrite ETF Fundamentals Correlations and Trends
By evaluating Main Buywrite'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 Main Buywrite's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Main financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Main Buywrite Etf history
Main Buywrite 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 Main is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Main Buywrite ETF 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 Main Buywrite stock prices may prove useful in developing a viable investing in Main Buywrite
The fund invests in domestic and international exchange-traded funds to provide investors with sustained exposure to domestic and foreign equity markets over time. Northern Lights is traded on BATS Exchange in the United States.
Main Buywrite Etf Technical Analysis
Main Buywrite 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
Main Buywrite Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Main Buywrite ETF 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.
Main Buywrite November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Main Buywrite etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Main Buywrite shares will generate the highest return on investment. By undertsting and applying Main Buywrite etf market strength indicators, traders can identify Main Buywrite ETF entry and exit signals to maximize returns
Main Buywrite Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Main Buywrite's price direction in advance. Along with the technical and fundamental analysis of Main Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Main 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 | 0.0547 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.40) | |||
| Treynor Ratio | 0.0887 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Main Buywrite ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Main Buywrite ETF is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Buywrite's value that differs from its market value or its book value, called intrinsic value, which is Main Buywrite'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 Main Buywrite's market value can be influenced by many factors that don't directly affect Main Buywrite'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 Main Buywrite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Buywrite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Buywrite'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.