Ocean Park International Etf Price on November 29, 2024
| DUKX Etf | 25.41 0.11 0.43% |
If you're considering investing in Ocean Etf, it is important to understand the factors that can impact its price. As of today, the current price of Ocean Park stands at 25.41, as last reported on the 11th of December 2024, with the highest price reaching 25.41 and the lowest price hitting 25.32 during the day. At this stage we consider Ocean Etf to be very steady. Ocean Park International maintains Sharpe Ratio (i.e., Efficiency) of 0.0255, which implies the entity had a 0.0255% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ocean Park International, which you can use to evaluate the volatility of the etf. Please check Ocean Park's Semi Deviation of 0.7502, risk adjusted performance of 0.0273, and Coefficient Of Variation of 2780.35 to confirm if the risk estimate we provide is consistent with the expected return of 0.0214%.
Ocean Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Ocean |
Sharpe Ratio = 0.0255
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DUKX |
Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.02 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 Ocean Park 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 Ocean Park by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 37.2 K |
Ocean Park Valuation on November 29, 2024
It is possible to determine the worth of Ocean Park on a given historical date. On November 29, 2024 Ocean was worth 24.89 at the beginning of the trading date compared to the closed value of 25.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ocean Park etf. Still, in general, we apply an absolute valuation method to find Ocean Park'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 Ocean Park where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ocean Park's related companies.
| Open | High | Low | Close | Volume | |
| 24.78 | 24.81 | 24.78 | 24.81 | 2,800 | |
11/29/2024 | 24.89 | 25.02 | 24.88 | 25.02 | 200.00 |
| 25.01 | 25.13 | 25.01 | 25.13 | 3,608 |
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Ocean Park Trading Date Momentum on November 29, 2024
| On December 02 2024 Ocean Park International was traded for 25.13 at the closing time. The top price for the day was 25.13 and the lowest listed price was 25.01 . The trading volume for the day was 3.6 K. The trading history from December 2, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.44% . The trading delta at closing time against the current closing price is 2.56% . |
About Ocean Park Etf history
Ocean Park 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 Ocean is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ocean Park International 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 Ocean Park stock prices may prove useful in developing a viable investing in Ocean Park
Ocean Park Etf Technical Analysis
Ocean Park 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
Ocean Park Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Ocean Park International cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Ocean Park December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ocean Park etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ocean Park shares will generate the highest return on investment. By undertsting and applying Ocean Park etf market strength indicators, traders can identify Ocean Park International entry and exit signals to maximize returns
Ocean Park Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ocean Park's price direction in advance. Along with the technical and fundamental analysis of Ocean Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ocean 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 | 0.0273 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0742 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ocean Park International. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of Ocean Park International is measured differently than its book value, which is the value of Ocean that is recorded on the company's balance sheet. Investors also form their own opinion of Ocean Park's value that differs from its market value or its book value, called intrinsic value, which is Ocean Park'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 Ocean Park's market value can be influenced by many factors that don't directly affect Ocean Park'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 Ocean Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocean Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocean Park'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.