Even Herd Long Etf Price on August 29, 2024
EHLS Etf | 23.38 0.18 0.78% |
If you're considering investing in Even Etf, it is important to understand the factors that can impact its price. As of today, the current price of Even Herd stands at 23.38, as last reported on the 30th of November, with the highest price reaching 23.44 and the lowest price hitting 23.38 during the day. Even Herd appears to be very steady, given 3 months investment horizon. Even Herd Long secures Sharpe Ratio (or Efficiency) of 0.25, which denotes the etf had a 0.25% return per unit of risk over the last 3 months. We have found thirty technical indicators for Even Herd Long, which you can use to evaluate the volatility of the entity. Please utilize Even Herd's Downside Deviation of 0.6914, mean deviation of 0.6939, and Coefficient Of Variation of 413.92 to check if our risk estimates are consistent with your expectations.
Even Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Even |
Sharpe Ratio = 0.2534
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Estimated Market Risk
0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Even Herd is performing at about 19% 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 Even Herd by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 10.8 K |
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Even Herd Valuation on August 29, 2024
It is possible to determine the worth of Even Herd on a given historical date. On August 29, 2024 Even was worth 20.54 at the beginning of the trading date compared to the closed value of 20.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Even Herd etf. Still, in general, we apply an absolute valuation method to find Even Herd'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 Even Herd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Even Herd's related companies.
Open | High | Low | Close | Volume | |
20.49 | 20.51 | 20.44 | 20.45 | 5,462 | |
08/29/2024 | 20.54 | 20.55 | 20.48 | 20.51 | 10,925 |
20.34 | 20.61 | 20.34 | 20.60 | 20,757 |
Backtest Even Herd | | | Even Herd History | | | Even Herd Valuation | Previous | Next |
Even Herd Trading Date Momentum on August 29, 2024
On August 30 2024 Even Herd Long was traded for 20.60 at the closing time. The top price for the day was 20.61 and the lowest listed price was 20.34 . The trading volume for the day was 20.8 K. The trading history from August 30, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.44% . The overall trading delta against the current closing price is 1.71% . |
About Even Herd Etf history
Even Herd 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 Even is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Even Herd Long 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 Even Herd stock prices may prove useful in developing a viable investing in Even Herd
Even Herd Etf Technical Analysis
Even Herd 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
Even Herd Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Even Herd Long 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.
Even Herd November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Even Herd etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Even Herd shares will generate the highest return on investment. By undertsting and applying Even Herd etf market strength indicators, traders can identify Even Herd Long entry and exit signals to maximize returns
Even Herd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Even Herd's price direction in advance. Along with the technical and fundamental analysis of Even Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Even 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 | 0.1857 | |||
Jensen Alpha | 0.1046 | |||
Total Risk Alpha | 0.0539 | |||
Sortino Ratio | 0.0999 | |||
Treynor Ratio | 0.2726 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Even Herd Long. 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of Even Herd Long is measured differently than its book value, which is the value of Even that is recorded on the company's balance sheet. Investors also form their own opinion of Even Herd's value that differs from its market value or its book value, called intrinsic value, which is Even Herd'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 Even Herd's market value can be influenced by many factors that don't directly affect Even Herd'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 Even Herd's value and its price as these two are different measures arrived at by different means. Investors typically determine if Even Herd is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Even Herd'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.