Smartetfs Dividend Builder Etf Price on October 23, 2024
DIVS Etf | USD 29.63 0.08 0.27% |
If you're considering investing in SmartETFs Etf, it is important to understand the factors that can impact its price. As of today, the current price of SmartETFs Dividend stands at 29.63, as last reported on the 26th of November, with the highest price reaching 29.63 and the lowest price hitting 29.50 during the day. Currently, SmartETFs Dividend Builder is very steady. SmartETFs Dividend owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.019, which indicates the etf had a 0.019% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SmartETFs Dividend Builder, which you can use to evaluate the volatility of the etf. Please validate SmartETFs Dividend's Semi Deviation of 0.5783, risk adjusted performance of 0.0092, and Coefficient Of Variation of 6226.53 to confirm if the risk estimate we provide is consistent with the expected return of 0.0113%.
SmartETFs Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SmartETFs |
Sharpe Ratio = 0.019
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | DIVS |
Estimated Market Risk
0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average SmartETFs Dividend is performing at about 1% 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 SmartETFs Dividend by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 125.1 K |
SmartETFs Dividend Valuation on October 23, 2024
It is possible to determine the worth of SmartETFs Dividend on a given historical date. On October 23, 2024 SmartETFs was worth 29.89 at the beginning of the trading date compared to the closed value of 29.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SmartETFs Dividend etf. Still, in general, we apply an absolute valuation method to find SmartETFs Dividend'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 SmartETFs Dividend where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SmartETFs Dividend's related companies.
Open | High | Low | Close | Volume | |
30.00 | 30.13 | 30.00 | 30.10 | 2,600 | |
10/23/2024 | 29.89 | 29.98 | 29.86 | 29.98 | 9,100 |
30.04 | 30.04 | 30.04 | 30.04 | 300.00 |
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SmartETFs Dividend Trading Date Momentum on October 23, 2024
On October 24 2024 SmartETFs Dividend Builder was traded for 30.04 at the closing time. The top price for the day was 30.04 and the lowest listed price was 30.04 . The trading volume for the day was 300. The trading history from October 24, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.20% . The trading price change against the current closing price is 1.17% . |
SmartETFs Dividend Fundamentals Correlations and Trends
By evaluating SmartETFs Dividend'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 SmartETFs Dividend's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SmartETFs financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SmartETFs Dividend Etf history
SmartETFs Dividend 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 SmartETFs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SmartETFs Dividend 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 SmartETFs Dividend stock prices may prove useful in developing a viable investing in SmartETFs Dividend
The fund will invest at least 80 percent of its net assets in publicly-traded equity securities in dividend-paying companies that the Adviser believes have the ability to consistently increase their dividend payments over the medium term . Smartetfs Dividend is traded on NYSEARCA Exchange in the United States.
SmartETFs Dividend Etf Technical Analysis
SmartETFs Dividend 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
SmartETFs Dividend Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
SmartETFs Dividend Builder 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.
SmartETFs Dividend November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how SmartETFs Dividend etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SmartETFs Dividend shares will generate the highest return on investment. By undertsting and applying SmartETFs Dividend etf market strength indicators, traders can identify SmartETFs Dividend Builder entry and exit signals to maximize returns
SmartETFs Dividend Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SmartETFs Dividend's price direction in advance. Along with the technical and fundamental analysis of SmartETFs Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SmartETFs 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 | 0.0092 | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.09) | |||
Sortino Ratio | (0.19) | |||
Treynor Ratio | (0) |
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Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SmartETFs Dividend Builder. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of SmartETFs Dividend is measured differently than its book value, which is the value of SmartETFs that is recorded on the company's balance sheet. Investors also form their own opinion of SmartETFs Dividend's value that differs from its market value or its book value, called intrinsic value, which is SmartETFs Dividend'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 SmartETFs Dividend's market value can be influenced by many factors that don't directly affect SmartETFs Dividend'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 SmartETFs Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if SmartETFs Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SmartETFs Dividend'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.