Essential 40 Stock Etf Price on November 6, 2024
| ESN Etf | 15.72 0.08 0.51% |
If you're considering investing in Essential Etf, it is important to understand the factors that can impact its price. As of today, the current price of Essential stands at 15.72, as last reported on the 30th of November, with the highest price reaching 15.79 and the lowest price hitting 15.69 during the day. As of now, Essential Etf is very steady. Essential 40 Stock secures Sharpe Ratio (or Efficiency) of 0.0997, which denotes the etf had a 0.0997% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Essential 40 Stock, which you can use to evaluate the volatility of the entity. Please confirm Essential's Coefficient Of Variation of 950.25, mean deviation of 0.5007, and Downside Deviation of 0.5283 to check if the risk estimate we provide is consistent with the expected return of 0.0641%.
Essential Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Essential |
Sharpe Ratio = 0.0997
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Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Essential is performing at about 7% 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 Essential by adding it to a well-diversified portfolio.
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Essential Valuation on November 6, 2024
It is possible to determine the worth of Essential on a given historical date. On November 6, 2024 Essential was worth 15.38 at the beginning of the trading date compared to the closed value of 15.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Essential etf. Still, in general, we apply an absolute valuation method to find Essential'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 Essential where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Essential's related companies.
| Open | High | Low | Close | Volume | |
| 15.12 | 15.12 | 14.99 | 15.11 | 7,556 | |
11/06/2024 | 15.38 | 15.47 | 15.32 | 15.44 | 21,300 |
| 15.44 | 15.50 | 15.43 | 15.48 | 28,400 |
| Backtest Essential | | | Essential History | Previous | Next |
Essential Trading Date Momentum on November 6, 2024
| On November 07 2024 Essential 40 Stock was traded for 15.48 at the closing time. Highest Essential's price during the trading hours was 15.50 and the lowest price during the day was 15.43 . The net volume was 28.4 K. The overall trading history on the 7th of November contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.26% . The overall trading delta to current price is 0.91% . |
Price Boundaries
Essential Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Essential 40 Stock 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.
Essential November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Essential etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Essential shares will generate the highest return on investment. By undertsting and applying Essential etf market strength indicators, traders can identify Essential 40 Stock entry and exit signals to maximize returns
Essential Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Essential's price direction in advance. Along with the technical and fundamental analysis of Essential Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Essential 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.