Evolve Active Canadian Etf Price on November 6, 2023
| DIVS Etf | CAD 15.97 0.02 0.13% |
Below is the normalized historical share price chart for Evolve Active Canadian extending back to September 29, 2017. 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 Evolve Active stands at 15.97, as last reported on the 25th of November, with the highest price reaching 15.97 and the lowest price hitting 15.97 during the day.
If you're considering investing in Evolve Etf, it is important to understand the factors that can impact its price. As of now, Evolve Etf is very steady. Evolve Active Canadian secures Sharpe Ratio (or Efficiency) of 0.028, which denotes the etf had a 0.028% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Evolve Active Canadian, which you can use to evaluate the volatility of the entity. Please confirm Evolve Active's Coefficient Of Variation of 1388.19, mean deviation of 0.2025, and Downside Deviation of 0.3234 to check if the risk estimate we provide is consistent with the expected return of 0.0073%.
Evolve Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 10.24 | 200 Day MA 15.5068 | 1 y Volatility 7.41 | 50 Day MA 16.0472 | Inception Date 2017-09-27 |
Evolve |
Sharpe Ratio = 0.028
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| Negative Returns | DIVS |
Estimated Market Risk
| 0.26 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
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Evolve Active 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 Evolve Active by adding it to a well-diversified portfolio.
Evolve Active Valuation on November 6, 2023
It is possible to determine the worth of Evolve Active on a given historical date. On November 6, 2023 Evolve was worth 12.82 at the beginning of the trading date compared to the closed value of 12.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evolve Active etf. Still, in general, we apply an absolute valuation method to find Evolve Active'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 Evolve Active where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evolve Active's related companies.
| Open | High | Low | Close | Volume | |
| 12.82 | 12.82 | 12.82 | 12.82 | 400.00 | |
11/06/2023 | 12.82 | 12.86 | 12.82 | 12.86 | 1,800 |
| 12.95 | 12.97 | 12.95 | 12.97 | 4,000 |
| Backtest Evolve Active | | | Evolve Active History | | | Evolve Active Valuation | Previous | Next |
Evolve Active Trading Date Momentum on November 6, 2023
| On November 07 2023 Evolve Active Canadian was traded for 12.97 at the closing time. The highest price during the trading period was 12.97 and the lowest recorded bid was listed for 12.95 . The volume for the day was 4 K. This history from November 7, 2023 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.86% . The overall trading delta to the current price is 1.17% . |
Evolve Active Canadian Fundamentals Correlations and Trends
By evaluating Evolve Active'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 Evolve Active's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Evolve financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Evolve Active Etf history
Evolve Active 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 Evolve is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Evolve Active Canadian 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 Evolve Active stock prices may prove useful in developing a viable investing in Evolve Active
The investment objective of CAPS is to seek to provide holders of Units with long-term capital appreciation by investing primarily in equity securities of U.S. listed large-capitalization companies using a selection process that combines quantitative techniques, fundamental analysis and risk management. EVOLVE ACTIVE is traded on Toronto Stock Exchange in Canada.
Evolve Active Etf Technical Analysis
Evolve Active 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
Evolve Active Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Evolve Active Canadian cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Evolve Active November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Evolve Active etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evolve Active shares will generate the highest return on investment. By undertsting and applying Evolve Active etf market strength indicators, traders can identify Evolve Active Canadian entry and exit signals to maximize returns
Evolve Active Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Evolve Active's price direction in advance. Along with the technical and fundamental analysis of Evolve Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Evolve 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 | 0.0181 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.34) | |||
| Treynor Ratio | (0.13) |
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Other Information on Investing in Evolve Etf
Evolve Active financial ratios help investors to determine whether Evolve 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 Evolve with respect to the benefits of owning Evolve Active security.