Arca Pharmaceutical Index Price on September 3, 2024
| DRG Index | 984.83 2.48 0.25% |
Below is the normalized historical share price chart for ARCA Pharmaceutical extending back to April 21, 1992. 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 ARCA Pharmaceutical stands at 984.83, as last reported on the 30th of November, with the highest price reaching 987.11 and the lowest price hitting 980.88 during the day.
If you're considering investing in ARCA Index, it is important to understand the factors that can impact its price. ARCA Pharmaceutical retains Efficiency (Sharpe Ratio) of -0.27, which signifies that the index had a -0.27% return per unit of risk over the last 3 months. ARCA Pharmaceutical exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. ARCA Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = -0.2711
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DRG |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.27 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ARCA Pharmaceutical 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 ARCA Pharmaceutical by adding ARCA Pharmaceutical to a well-diversified portfolio.
ARCA Pharmaceutical Valuation on September 3, 2024
It is possible to determine the worth of ARCA Pharmaceutical on a given historical date. On September 3, 2024 ARCA was worth 1140.17 at the beginning of the trading date compared to the closed value of 1132.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ARCA Pharmaceutical index. Still, in general, we apply an absolute valuation method to find ARCA Pharmaceutical'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 ARCA Pharmaceutical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ARCA Pharmaceutical's related companies.
| Open | High | Low | Close | Volume | |
| 1,128 | 1,140 | 1,127 | 1,140 | 1.00 | |
09/03/2024 | 1,140 | 1,142 | 1,129 | 1,132 | 1.00 |
| 1,132 | 1,132 | 1,125 | 1,129 | 1.00 |
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ARCA Pharmaceutical Trading Date Momentum on September 3, 2024
| On September 04 2024 ARCA Pharmaceutical was traded for 1,129 at the closing time. The highest price during the trading period was 1,132 and the lowest recorded bid was listed for 1,125 . There was no trading activity during the period 1.0. Lack of trading volume on September 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.27% . The overall trading delta to the current price is 1.76% . |
Price Boundaries
ARCA Pharmaceutical Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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ARCA Pharmaceutical November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how ARCA Pharmaceutical index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ARCA Pharmaceutical shares will generate the highest return on investment. By undertsting and applying ARCA Pharmaceutical index market strength indicators, traders can identify ARCA Pharmaceutical entry and exit signals to maximize returns
ARCA Pharmaceutical Technical Drivers
ARCA Pharmaceutical November 30, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ARCA Pharmaceutical's price direction in advance. Along with the technical and fundamental analysis of ARCA Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of ARCA 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 | (0.19) | |||
| Mean Deviation | 0.6296 | |||
| Coefficient Of Variation | (399.99) | |||
| Standard Deviation | 0.8034 | |||
| Variance | 0.6455 | |||
| Information Ratio | (0.42) | |||
| Total Risk Alpha | (0.34) | |||
| Maximum Drawdown | 3.6 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.02 | |||
| Skewness | (0.61) | |||
| Kurtosis | 0.4683 |
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