Concord Acquisition Corp Price on June 26, 2024
If you're considering investing in Concord Etf, it is important to understand the factors that can impact its price. Concord Acquisition Corp secures Sharpe Ratio (or Efficiency) of -0.5, which signifies that the etf had a -0.5% return per unit of risk over the last 3 months. Concord Acquisition Corp exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Concord Acquisition's Risk Adjusted Performance of (0.04), mean deviation of 0.1864, and Standard Deviation of 0.5157 to double-check the risk estimate we provide.
Concord Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Concord |
Sharpe Ratio = -0.5047
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Estimated Market Risk
49.92 actual daily | 96 96% of assets are less volatile |
Expected Return
-25.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.5 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Concord Acquisition 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 Concord Acquisition by adding Concord Acquisition to a well-diversified portfolio.
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Concord Acquisition Valuation on June 26, 2024
It is possible to determine the worth of Concord Acquisition on a given historical date. On June 26, 2024 Concord was worth 10.56 at the beginning of the trading date compared to the closed value of 10.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Concord Acquisition etf. Still, in general, we apply an absolute valuation method to find Concord Acquisition'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 Concord Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Concord Acquisition's related companies.
Open | High | Low | Close | Volume | |
10.56 | 10.56 | 10.55 | 10.56 | 2,528 | |
06/26/2024 | 10.56 | 10.56 | 10.56 | 10.56 | 4,008 |
10.57 | 10.57 | 10.57 | 10.57 | 109.00 |
Backtest Concord Acquisition | | | Concord Acquisition History | | | Concord Acquisition Valuation | Previous | Next |
Concord Acquisition Trading Date Momentum on June 26, 2024
On July 05 2024 Concord Acquisition Corp was traded for 10.57 at the closing time. The top price for the day was 10.57 and the lowest listed price was 10.57 . The trading volume for the day was 109. The trading history from July 5, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.09% . The overall trading delta against the current closing price is 0.00% . |
Concord Acquisition Corp Fundamentals Correlations and Trends
By evaluating Concord Acquisition'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 Concord Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Concord financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Concord Acquisition Etf history
Concord Acquisition 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 Concord is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Concord Acquisition Corp 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 Concord Acquisition stock prices may prove useful in developing a viable investing in Concord Acquisition
Concord Acquisition Etf Technical Analysis
Concord Acquisition 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, delisted etf market cycles, or different charting patterns.
Price Boundaries
Concord Acquisition Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Concord Acquisition Corp 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.
Concord Acquisition November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Concord Acquisition etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Concord Acquisition shares will generate the highest return on investment. By undertsting and applying Concord Acquisition etf market strength indicators, traders can identify Concord Acquisition Corp entry and exit signals to maximize returns
Concord Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Concord Acquisition's price direction in advance. Along with the technical and fundamental analysis of Concord Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Concord 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 | (0.04) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.11) | |||
Treynor Ratio | (0.60) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Consideration for investing in Concord Etf
If you are still planning to invest in Concord Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Concord Acquisition's history and understand the potential risks before investing.
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