ETFS SP (Australia) Price on November 29, 2024
| CURE Etf | 52.42 0.43 0.81% |
Below is the normalized historical share price chart for ETFS SP Biotech extending back to November 08, 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 ETFS SP stands at 52.42, as last reported on the 30th of November, with the highest price reaching 53.00 and the lowest price hitting 52.35 during the day.
If you're considering investing in ETFS Etf, it is important to understand the factors that can impact its price. Currently, ETFS SP Biotech is very steady. ETFS SP Biotech secures Sharpe Ratio (or Efficiency) of 0.0347, which denotes the etf had a 0.0347% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for ETFS SP Biotech, which you can use to evaluate the volatility of the entity. Please confirm ETFS SP's mean deviation of 1.12, and Downside Deviation of 1.68 to check if the risk estimate we provide is consistent with the expected return of 0.0548%.
ETFS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 49.0269 | 50 Day MA 50.3322 | Beta 0.92 |
ETFS |
Sharpe Ratio = 0.0347
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | CURE | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average ETFS SP is performing at about 2% 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 ETFS SP by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
ETFS SP Valuation on November 29, 2024
It is possible to determine the worth of ETFS SP on a given historical date. On November 29, 2024 ETFS was worth 53.0 at the beginning of the trading date compared to the closed value of 52.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ETFS SP etf. Still, in general, we apply an absolute valuation method to find ETFS SP'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 ETFS SP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ETFS SP's related companies.
| Open | High | Low | Close | Volume | |
| 52.21 | 52.85 | 52.21 | 52.85 | 3,783 | |
11/29/2024 | 53.00 | 53.00 | 52.35 | 52.42 | 1,031 |
| 53.00 | 53.00 | 52.35 | 52.42 | 0.00 |
| Backtest ETFS SP | | | ETFS SP History | Previous | Next |
ETFS SP Trading Date Momentum on November 29, 2024
| On November 30 2024 ETFS SP Biotech was traded for 52.42 at the closing time. The highest price during the trading period was 53.00 and the lowest recorded bid was listed for 52.35 . There was no trading activity during the period 0.0. Lack of trading volume on November 30, 2024 did not affect price variability. The overall trading delta to the current price is 1.11% . |
About ETFS SP Etf history
ETFS SP 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 ETFS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ETFS SP Biotech 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 ETFS SP stock prices may prove useful in developing a viable investing in ETFS SP
ETFS SP Etf Technical Analysis
ETFS SP 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
ETFS SP Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
ETFS SP Biotech 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.
ETFS SP November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how ETFS SP etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ETFS SP shares will generate the highest return on investment. By undertsting and applying ETFS SP etf market strength indicators, traders can identify ETFS SP Biotech entry and exit signals to maximize returns
ETFS SP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ETFS SP's price direction in advance. Along with the technical and fundamental analysis of ETFS Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ETFS 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 | 0.0369 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0858 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in ETFS Etf
ETFS SP financial ratios help investors to determine whether ETFS 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 ETFS with respect to the benefits of owning ETFS SP security.