MTrack Energy (Thailand) Price on June 5, 2024
| ENGY Etf | THB 4.84 0.05 1.04% |
If you're considering investing in MTrack Etf, it is important to understand the factors that can impact its price. As of today, the current price of MTrack Energy stands at 4.84, as last reported on the 23rd of November, with the highest price reaching 4.86 and the lowest price hitting 4.75 during the day. As of now, MTrack Etf is not too volatile. MTrack Energy ETF has Sharpe Ratio of 0.0473, which conveys that the entity had a 0.0473% return per unit of risk over the last 3 months. We have found thirty technical indicators for MTrack Energy, which you can use to evaluate the volatility of the etf. Please verify MTrack Energy's Risk Adjusted Performance of 0.0549, mean deviation of 0.7299, and Downside Deviation of 1.04 to check out if the risk estimate we provide is consistent with the expected return of 0.0475%.
MTrack Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
MTrack |
Sharpe Ratio = 0.0473
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| Negative Returns | ENGY |
Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average MTrack Energy is performing at about 3% 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 MTrack Energy by adding it to a well-diversified portfolio.
MTrack Energy Valuation on June 5, 2024
It is possible to determine the worth of MTrack Energy on a given historical date. On June 5, 2024 MTrack was worth 4.69 at the beginning of the trading date compared to the closed value of 4.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MTrack Energy etf. Still, in general, we apply an absolute valuation method to find MTrack Energy'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 MTrack Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MTrack Energy's related companies.
| Open | High | Low | Close | Volume | |
| 4.70 | 4.72 | 4.63 | 4.69 | 24,809 | |
06/05/2024 | 4.69 | 4.69 | 4.63 | 4.66 | 31,279 |
| 4.68 | 4.68 | 4.60 | 4.60 | 19,700 |
| Backtest MTrack Energy | | | MTrack Energy History | | | MTrack Energy Valuation | Previous | Next |
MTrack Energy Trading Date Momentum on June 5, 2024
| On June 06 2024 MTrack Energy ETF was traded for 4.60 at the closing time. The highest price during the trading period was 4.68 and the lowest recorded bid was listed for 4.60 . The volume for the day was 19.7 K. This history from June 6, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.29% . The trading delta at closing time to the current price is 3.86% . |
MTrack Energy ETF Fundamentals Correlations and Trends
By evaluating MTrack Energy'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 MTrack Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MTrack financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MTrack Energy Etf history
MTrack Energy 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 MTrack is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MTrack Energy ETF 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 MTrack Energy stock prices may prove useful in developing a viable investing in MTrack Energy
MTrack Energy Etf Technical Analysis
MTrack Energy 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
MTrack Energy Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
MTrack Energy ETF cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand 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.
MTrack Energy November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how MTrack Energy etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MTrack Energy shares will generate the highest return on investment. By undertsting and applying MTrack Energy etf market strength indicators, traders can identify MTrack Energy ETF entry and exit signals to maximize returns
MTrack Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MTrack Energy's price direction in advance. Along with the technical and fundamental analysis of MTrack Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of MTrack 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 | 0.0549 | |||
| Jensen Alpha | 0.0703 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.63) |
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Other Information on Investing in MTrack Etf
MTrack Energy financial ratios help investors to determine whether MTrack 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 MTrack with respect to the benefits of owning MTrack Energy security.