BetaShares Australian (Australia) Price on June 18, 2024
| CRED Etf | 23.26 0.09 0.39% |
Below is the normalized historical share price chart for BetaShares Australian Investment extending back to May 31, 2018. 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 BetaShares Australian stands at 23.26, as last reported on the 11th of December 2024, with the highest price reaching 23.29 and the lowest price hitting 23.08 during the day.
If you're considering investing in BetaShares Etf, it is important to understand the factors that can impact its price. Currently, BetaShares Australian Investment is very steady. BetaShares Australian secures Sharpe Ratio (or Efficiency) of 0.0411, which signifies that the etf had a 0.0411% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for BetaShares Australian Investment, which you can use to evaluate the volatility of the entity. Please confirm BetaShares Australian's Downside Deviation of 0.2977, mean deviation of 0.2256, and Risk Adjusted Performance of 0.0301 to double-check if the risk estimate we provide is consistent with the expected return of 0.0119%.
BetaShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 22.8343 | 50 Day MA 22.9124 | Inception Date 2018-05-31 | Beta 0.85 |
BetaShares |
Sharpe Ratio = 0.0411
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Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average BetaShares Australian is performing at about 3% 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 BetaShares Australian by adding it to a well-diversified portfolio.
BetaShares Australian Valuation on June 18, 2024
It is possible to determine the worth of BetaShares Australian on a given historical date. On June 18, 2024 BetaShares was worth 22.26 at the beginning of the trading date compared to the closed value of 22.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BetaShares Australian etf. Still, in general, we apply an absolute valuation method to find BetaShares Australian'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 BetaShares Australian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BetaShares Australian's related companies.
| Open | High | Low | Close | Volume | |
| 22.29 | 22.35 | 22.28 | 22.33 | 44,503 | |
06/18/2024 | 22.26 | 22.32 | 22.24 | 22.24 | 25,977 |
| 22.24 | 22.28 | 22.22 | 22.22 | 51,607 |
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BetaShares Australian Trading Date Momentum on June 18, 2024
| On June 19 2024 BetaShares Australian Investment was traded for 22.22 at the closing time. The highest price during the trading period was 22.28 and the lowest recorded bid was listed for 22.22 . The volume for the day was 51.6 K. This history from June 19, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.09% . The overall trading delta to the current price is 0.99% . |
About BetaShares Australian Etf history
BetaShares Australian 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 BetaShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BetaShares Australian 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 BetaShares Australian stock prices may prove useful in developing a viable investing in BetaShares Australian
BetaShares Australian Etf Technical Analysis
BetaShares Australian 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
BetaShares Australian Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
BetaShares Australian Investment cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
BetaShares Australian December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how BetaShares Australian etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BetaShares Australian shares will generate the highest return on investment. By undertsting and applying BetaShares Australian etf market strength indicators, traders can identify BetaShares Australian Investment entry and exit signals to maximize returns
BetaShares Australian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BetaShares Australian's price direction in advance. Along with the technical and fundamental analysis of BetaShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of BetaShares 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 | 0.0301 | |||
| Jensen Alpha | 0.0129 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.36) | |||
| Treynor Ratio | (0.19) |
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Other Information on Investing in BetaShares Etf
BetaShares Australian financial ratios help investors to determine whether BetaShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BetaShares with respect to the benefits of owning BetaShares Australian security.