Capital Group International Etf Price on August 1, 2024
CGIC Etf | 24.74 0.20 0.81% |
If you're considering investing in Capital Etf, it is important to understand the factors that can impact its price. As of today, the current price of Capital Group stands at 24.74, as last reported on the 1st of December, with the highest price reaching 24.74 and the lowest price hitting 24.55 during the day. Capital Group Intern secures Sharpe Ratio (or Efficiency) of -0.0255, which signifies that the etf had a -0.0255% return per unit of risk over the last 3 months. Capital Group International exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Capital Group's Risk Adjusted Performance of (0.03), standard deviation of 0.8702, and Mean Deviation of 0.6451 to double-check the risk estimate we provide.
Capital Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Capital |
Sharpe Ratio = -0.0255
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Estimated Market Risk
0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Capital Group 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 Capital Group by adding Capital Group to a well-diversified portfolio.
Average Mkt Cap Mil 58.3 K |
Capital Group Valuation on August 1, 2024
It is possible to determine the worth of Capital Group on a given historical date. On August 1, 2024 Capital was worth 24.8 at the beginning of the trading date compared to the closed value of 24.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Capital Group etf. Still, in general, we apply an absolute valuation method to find Capital Group'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 Capital Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Capital Group's related companies.
Open | High | Low | Close | Volume | |
25.01 | 25.12 | 24.96 | 25.04 | 5,600 | |
08/01/2024 | 24.80 | 24.80 | 24.45 | 24.45 | 1,700 |
24.08 | 24.10 | 23.89 | 24.04 | 14,100 |
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Capital Group Trading Date Momentum on August 1, 2024
On August 02 2024 Capital Group International was traded for 24.04 at the closing time. The top price for the day was 24.10 and the lowest listed price was 23.89 . The trading volume for the day was 14.1 K. The trading history from August 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.68% . The overall trading delta against the current closing price is 0.49% . |
About Capital Group Etf history
Capital Group 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 Capital is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Capital Group Intern 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 Capital Group stock prices may prove useful in developing a viable investing in Capital Group
Capital Group Etf Technical Analysis
Capital Group 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
Capital Group Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Capital Group International 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.
Capital Group December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Capital Group etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Capital Group shares will generate the highest return on investment. By undertsting and applying Capital Group etf market strength indicators, traders can identify Capital Group International entry and exit signals to maximize returns
Capital Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Capital Group's price direction in advance. Along with the technical and fundamental analysis of Capital Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Capital 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 | (0.03) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | (0.12) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capital Group International. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of Capital Group Intern is measured differently than its book value, which is the value of Capital that is recorded on the company's balance sheet. Investors also form their own opinion of Capital Group's value that differs from its market value or its book value, called intrinsic value, which is Capital Group'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 Capital Group's market value can be influenced by many factors that don't directly affect Capital Group'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 Capital Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Capital Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capital Group'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.