Capital Group Fixed Etf Price on September 16, 2024
CGSM Etf | 26.14 0.01 0.04% |
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 26.14, as last reported on the 24th of November, with the highest price reaching 26.14 and the lowest price hitting 26.13 during the day. As of now, Capital Etf is very steady. Capital Group Fixed secures Sharpe Ratio (or Efficiency) of 0.0563, which signifies that the etf had a 0.0563% return per unit of risk over the last 3 months. We have found thirty technical indicators for Capital Group Fixed, which you can use to evaluate the volatility of the entity. Please confirm Capital Group's Risk Adjusted Performance of 0.0066, mean deviation of 0.0961, and Downside Deviation of 0.1825 to double-check if the risk estimate we provide is consistent with the expected return of 0.0078%.
Capital Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Capital |
Sharpe Ratio = 0.0563
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Estimated Market Risk
0.14 actual daily | 1 99% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Capital Group is performing at about 4% 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 Capital Group by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Capital Group Valuation on September 16, 2024
It is possible to determine the worth of Capital Group on a given historical date. On September 16, 2024 Capital was worth 26.11 at the beginning of the trading date compared to the closed value of 26.14. 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 | |
26.09 | 26.11 | 26.09 | 26.11 | 52,000 | |
09/16/2024 | 26.11 | 26.14 | 26.10 | 26.14 | 23,100 |
26.11 | 26.12 | 26.11 | 26.11 | 88,500 |
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Capital Group Trading Date Momentum on September 16, 2024
On September 17 2024 Capital Group Fixed was traded for 26.11 at the closing time. The top price for the day was 26.12 and the lowest listed price was 26.11 . The trading volume for the day was 88.5 K. The trading history from September 17, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.11% . The overall trading delta against the current closing price is 0.23% . |
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 Fixed 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 | November 24, 2024
| High |
0.00 | 0.00 |
Capital Group Fixed 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 November 24, 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 Fixed 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 | 0.0066 | |||
Jensen Alpha | 0.0034 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.66) | |||
Treynor Ratio | 0.0181 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capital Group Fixed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of Capital Group Fixed 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.