Teucrium Sugar Etf Price on October 16, 2024
CANE Etf | USD 12.61 0.01 0.08% |
Below is the normalized historical share price chart for Teucrium Sugar extending back to September 19, 2011. 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 Teucrium Sugar stands at 12.61, as last reported on the 24th of November, with the highest price reaching 12.75 and the lowest price hitting 12.52 during the day.
If you're considering investing in Teucrium Etf, it is important to understand the factors that can impact its price. At this point, Teucrium Sugar is not too volatile. Teucrium Sugar owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0954, which indicates the etf had a 0.0954% return per unit of risk over the last 3 months. We have found thirty technical indicators for Teucrium Sugar, which you can use to evaluate the volatility of the etf. Please validate Teucrium Sugar's Coefficient Of Variation of 689.49, semi deviation of 1.02, and Risk Adjusted Performance of 0.116 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Teucrium Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 24.78 | 200 Day MA 12.2948 | 1 y Volatility 29.63 | 50 Day MA 12.8766 | Inception Date 2011-09-16 |
Teucrium |
Sharpe Ratio = 0.0954
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Estimated Market Risk
1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Teucrium Sugar is performing at about 7% 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 Teucrium Sugar by adding it to a well-diversified portfolio.
Average Mkt Cap Mil USDÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
Teucrium Sugar Main Headline on 16th of October 2024
Softs Report - Wednesday, Oct. 16 by talkmarkets.com
Cotton was lower and trends are turning down on the daily charts as continued stressful weather was seen in the south but export demand was less.
Teucrium Sugar Valuation on October 16, 2024
It is possible to determine the worth of Teucrium Sugar on a given historical date. On October 16, 2024 Teucrium was worth 12.95 at the beginning of the trading date compared to the closed value of 12.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Teucrium Sugar etf. Still, in general, we apply an absolute valuation method to find Teucrium Sugar'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 Teucrium Sugar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Teucrium Sugar's related companies.
Open | High | Low | Close | Volume | |
12.90 | 13.04 | 12.88 | 13.04 | 42,400 | |
10/16/2024 | 12.95 | 12.95 | 12.72 | 12.72 | 70,040 |
12.85 | 12.87 | 12.62 | 12.78 | 119,199 |
Backtest Teucrium Sugar | | | Teucrium Sugar History | | | Teucrium Sugar Valuation | Previous | Next |
Teucrium Sugar Trading Date Momentum on October 16, 2024
On October 17 2024 Teucrium Sugar was traded for 12.78 at the closing time. The top price for the day was 12.87 and the lowest listed price was 12.62 . The trading volume for the day was 119.2 K. The trading history from October 17, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.47% . The trading price change against the current closing price is 0.47% . |
Teucrium Sugar Fundamentals Correlations and Trends
By evaluating Teucrium Sugar'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 Teucrium Sugar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Teucrium financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Teucrium Sugar Etf history
Teucrium Sugar 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 Teucrium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Teucrium Sugar 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 Teucrium Sugar stock prices may prove useful in developing a viable investing in Teucrium Sugar
The fund seeks to achieve its investment objective by investing under normal market conditions in Benchmark Component Futures Contracts. Teucrium Sugar is traded on NYSEARCA Exchange in the United States.
Teucrium Sugar Etf Technical Analysis
Teucrium Sugar 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
Teucrium Sugar Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Teucrium Sugar cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
Teucrium Sugar November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Teucrium Sugar etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Teucrium Sugar shares will generate the highest return on investment. By undertsting and applying Teucrium Sugar etf market strength indicators, traders can identify Teucrium Sugar entry and exit signals to maximize returns
Teucrium Sugar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Teucrium Sugar's price direction in advance. Along with the technical and fundamental analysis of Teucrium Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Teucrium 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 | 0.116 | |||
Jensen Alpha | 0.2275 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | 0.0674 | |||
Treynor Ratio | (0.96) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Teucrium Sugar. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of Teucrium Sugar is measured differently than its book value, which is the value of Teucrium that is recorded on the company's balance sheet. Investors also form their own opinion of Teucrium Sugar's value that differs from its market value or its book value, called intrinsic value, which is Teucrium Sugar'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 Teucrium Sugar's market value can be influenced by many factors that don't directly affect Teucrium Sugar'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 Teucrium Sugar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teucrium Sugar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teucrium Sugar'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.