Dynamic Active Preferred Etf Price on August 30, 2024
| DXP Etf | CAD 22.56 0.16 0.71% |
Below is the normalized historical share price chart for Dynamic Active Preferred extending back to January 26, 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 Dynamic Active stands at 22.56, as last reported on the 25th of November, with the highest price reaching 22.67 and the lowest price hitting 22.52 during the day.
If you're considering investing in Dynamic Etf, it is important to understand the factors that can impact its price. As of now, Dynamic Etf is very steady. Dynamic Active Preferred secures Sharpe Ratio (or Efficiency) of 0.0163, which denotes the etf had a 0.0163% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dynamic Active Preferred, which you can use to evaluate the volatility of the entity. Please confirm Dynamic Active's Mean Deviation of 0.2695, coefficient of variation of 1951.6, and Downside Deviation of 0.352 to check if the risk estimate we provide is consistent with the expected return of 0.0055%.
Dynamic Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 12.33 | 200 Day MA 21.7107 | 1 y Volatility 10.07 | 50 Day MA 22.3581 | Inception Date 2017-01-20 |
Dynamic |
Sharpe Ratio = 0.0163
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Estimated Market Risk
| 0.34 actual daily | 3 97% 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 Dynamic Active 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 Dynamic Active by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 99.5 K | Market Capitalisation {Big=0, Small=0, Mega=0.00591, Medium=0, Micro=0} |
Dynamic Active Valuation on August 30, 2024
It is possible to determine the worth of Dynamic Active on a given historical date. On August 30, 2024 Dynamic was worth 22.3 at the beginning of the trading date compared to the closed value of 22.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dynamic Active etf. Still, in general, we apply an absolute valuation method to find Dynamic 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 Dynamic Active where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dynamic Active's related companies.
| Open | High | Low | Close | Volume | |
| 22.35 | 22.35 | 22.28 | 22.28 | 5,400 | |
08/30/2024 | 22.30 | 22.33 | 22.30 | 22.33 | 2,667 |
| 22.35 | 22.38 | 22.33 | 22.38 | 5,041 |
| Backtest Dynamic Active | | | Dynamic Active History | | | Dynamic Active Valuation | Previous | Next |
Dynamic Active Trading Date Momentum on August 30, 2024
| On September 03 2024 Dynamic Active Preferred was traded for 22.38 at the closing time. The maximum traded price for the trading interval was 22.38 and the lowest daily price was 22.33 . The daily volume was recorded at 5 K. The volume of trading on 3rd of September 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.22% . The overall trading delta to the closing price today is 0.58% . |
Dynamic Active Preferred Fundamentals Correlations and Trends
By evaluating Dynamic 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 Dynamic Active's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dynamic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dynamic Active Etf history
Dynamic 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 Dynamic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dynamic Active Preferred 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 Dynamic Active stock prices may prove useful in developing a viable investing in Dynamic Active
Dynamic Active Etf Technical Analysis
Dynamic 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
Dynamic Active Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Dynamic Active Preferred 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.
Dynamic Active November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Dynamic 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 Dynamic Active shares will generate the highest return on investment. By undertsting and applying Dynamic Active etf market strength indicators, traders can identify Dynamic Active Preferred entry and exit signals to maximize returns
Dynamic Active Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dynamic Active's price direction in advance. Along with the technical and fundamental analysis of Dynamic Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dynamic 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 | 0.027 | |||
| Jensen Alpha | 0.0074 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.32) | |||
| Treynor Ratio | 5.84 |
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Other Information on Investing in Dynamic Etf
Dynamic Active financial ratios help investors to determine whether Dynamic 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 Dynamic with respect to the benefits of owning Dynamic Active security.