Flexshares Stoxx Global Etf Price on September 27, 2024
ESGG Etf | USD 173.15 1.25 0.73% |
Below is the normalized historical share price chart for FlexShares STOXX Global extending back to July 14, 2016. 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 FlexShares STOXX stands at 173.15, as last reported on the 30th of November, with the highest price reaching 173.15 and the lowest price hitting 172.93 during the day.
If you're considering investing in FlexShares Etf, it is important to understand the factors that can impact its price. At this point, FlexShares STOXX is very steady. FlexShares STOXX Global secures Sharpe Ratio (or Efficiency) of 0.0796, which denotes the etf had a 0.0796% return per unit of risk over the last 3 months. We have found thirty technical indicators for FlexShares STOXX Global, which you can use to evaluate the volatility of the entity. Please confirm FlexShares STOXX's Downside Deviation of 0.8421, coefficient of variation of 1541.67, and Mean Deviation of 0.544 to check if the risk estimate we provide is consistent with the expected return of 0.0534%.
FlexShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.78 | 200 Day MA 165.0534 | 1 y Volatility 11.9 | 50 Day MA 171.0879 | Inception Date 2016-07-13 |
FlexShares |
Sharpe Ratio = 0.0796
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Estimated Market Risk
0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average FlexShares STOXX 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 FlexShares STOXX by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 233.6 K |
Related Headline
First Trust Headline on 27th of September 2024
First Trust Developed Markets ex-US Small Cap AlphaDEX Fund ... by thelincolnianonline.com
First Trust Developed Markets ex-US Small Cap AlphaDEX Fund declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Investors of record on Thursday, September 26th will be paid a dividend of 0.1503 per share on Monday, September 30th. This represents a 0.60 dividend on an annualized basis and a
FlexShares STOXX Valuation on September 27, 2024
It is possible to determine the worth of FlexShares STOXX on a given historical date. On September 27, 2024 FlexShares was worth 172.47 at the beginning of the trading date compared to the closed value of 172.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FlexShares STOXX etf. Still, in general, we apply an absolute valuation method to find FlexShares STOXX'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 FlexShares STOXX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FlexShares STOXX's related companies.
Open | High | Low | Close | Volume | |
172.27 | 173.27 | 172.27 | 172.84 | 4,149 | |
09/27/2024 | 172.47 | 172.52 | 172.47 | 172.52 | 338.00 |
173.03 | 173.03 | 171.99 | 172.52 | 3,200 |
Backtest FlexShares STOXX | | | FlexShares STOXX History | | | FlexShares STOXX Valuation | Previous | Next |
FlexShares STOXX Trading Date Momentum on September 27, 2024
On September 30 2024 FlexShares STOXX Global was traded for 172.52 at the closing time. The top price for the day was 173.03 and the lowest listed price was 171.99 . The trading volume for the day was 3.2 K. The trading history from September 30, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.96% . |
FlexShares STOXX Global Fundamentals Correlations and Trends
By evaluating FlexShares STOXX'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 FlexShares STOXX's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FlexShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FlexShares STOXX Etf history
FlexShares STOXX 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 FlexShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FlexShares STOXX Global 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 FlexShares STOXX stock prices may prove useful in developing a viable investing in FlexShares STOXX
The index is designed to reflect the performance of a selection of companies that, in aggregate, score better with respect to a set of ESG KPIs relative to the STOXX Global 1800 Index, a float-adjusted market-capitalization weighted index of companies incorporated in the U.S. and in developed international markets. Flexshares Global is traded on BATS Exchange in the United States.
FlexShares STOXX Etf Technical Analysis
FlexShares STOXX 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
FlexShares STOXX Period Price Range
Low | November 30, 2024
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0.00 | 0.00 |
FlexShares STOXX Global cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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.
FlexShares STOXX November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how FlexShares STOXX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FlexShares STOXX shares will generate the highest return on investment. By undertsting and applying FlexShares STOXX etf market strength indicators, traders can identify FlexShares STOXX Global entry and exit signals to maximize returns
FlexShares STOXX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FlexShares STOXX's price direction in advance. Along with the technical and fundamental analysis of FlexShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of FlexShares 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 | 0.0487 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | (0.11) | |||
Treynor Ratio | 0.0503 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FlexShares STOXX Global. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of FlexShares STOXX Global is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares STOXX's value that differs from its market value or its book value, called intrinsic value, which is FlexShares STOXX'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 FlexShares STOXX's market value can be influenced by many factors that don't directly affect FlexShares STOXX'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 FlexShares STOXX's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares STOXX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares STOXX'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.