Ea Series Trust Etf Price on October 1, 2024
| DRLL Etf | USD 30.93 0.27 0.88% |
If you're considering investing in DRLL Etf, it is important to understand the factors that can impact its price. As of today, the current price of EA Series stands at 30.93, as last reported on the 23rd of November, with the highest price reaching 30.96 and the lowest price hitting 30.66 during the day. As of now, DRLL Etf is very steady. EA Series Trust retains Efficiency (Sharpe Ratio) of 0.0785, which denotes the etf had a 0.0785% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for EA Series, which you can use to evaluate the volatility of the entity. Please confirm EA Series' Market Risk Adjusted Performance of 0.1614, downside deviation of 1.43, and Standard Deviation of 1.23 to check if the risk estimate we provide is consistent with the expected return of 0.0959%.
DRLL Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
DRLL |
Sharpe Ratio = 0.0785
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Estimated Market Risk
| 1.22 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average EA Series is performing at about 6% 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 EA Series by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 89.2 K |
EA Series Valuation on October 1, 2024
It is possible to determine the worth of EA Series on a given historical date. On October 1, 2024 DRLL was worth 27.88 at the beginning of the trading date compared to the closed value of 28.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EA Series etf. Still, in general, we apply an absolute valuation method to find EA Series' 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 EA Series where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EA Series' related companies.
| Open | High | Low | Close | Volume | |
| 27.80 | 28.22 | 27.80 | 28.09 | 84,167 | |
10/01/2024 | 27.88 | 28.84 | 27.88 | 28.78 | 263,590 |
| 29.04 | 29.24 | 28.74 | 29.09 | 99,578 |
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EA Series Trading Date Momentum on October 1, 2024
| On October 02 2024 EA Series Trust was traded for 29.09 at the closing time. The top price for the day was 29.24 and the lowest listed price was 28.74 . The trading volume for the day was 99.6 K. The trading history from October 2, 2024 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 1.08% . The overall trading delta against the current closing price is 2.40% . |
EA Series Trust Fundamentals Correlations and Trends
By evaluating EA Series' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among EA Series' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DRLL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EA Series Etf history
EA Series 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 DRLL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EA Series Trust 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 EA Series stock prices may prove useful in developing a viable investing in EA Series
The index is a subset of a float-adjusted capitalization weighted index of equity securities comprising the 1,000 largest companies from the U.S. stock market. Ea Series is traded on NYSEARCA Exchange in the United States.
EA Series Etf Technical Analysis
EA Series 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
EA Series Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
EA Series Trust 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.
EA Series November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how EA Series etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EA Series shares will generate the highest return on investment. By undertsting and applying EA Series etf market strength indicators, traders can identify EA Series Trust entry and exit signals to maximize returns
EA Series Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EA Series' price direction in advance. Along with the technical and fundamental analysis of DRLL Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of DRLL 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 | 0.0872 | |||
| Jensen Alpha | 0.0251 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0024 | |||
| Treynor Ratio | 0.1514 |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EA Series Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of EA Series Trust is measured differently than its book value, which is the value of DRLL that is recorded on the company's balance sheet. Investors also form their own opinion of EA Series' value that differs from its market value or its book value, called intrinsic value, which is EA Series' 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 EA Series' market value can be influenced by many factors that don't directly affect EA Series' 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 EA Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if EA Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EA Series' 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.