Evolve Cryptocurrencies Etf Price on September 16, 2024
| ETC Etf | 20.36 0.14 0.68% |
If you're considering investing in Evolve Etf, it is important to understand the factors that can impact its price. As of today, the current price of Evolve Cryptocurrencies stands at 20.36, as last reported on the 11th of December 2024, with the highest price reaching 20.72 and the lowest price hitting 19.92 during the day. Evolve Cryptocurrencies appears to be not too volatile, given 3 months investment horizon. Evolve Cryptocurrencies secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the etf had a 0.26% return per unit of risk over the last 3 months. By reviewing Evolve Cryptocurrencies' technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please utilize Evolve Cryptocurrencies' Coefficient Of Variation of 369.7, downside deviation of 2.36, and Mean Deviation of 2.65 to check if our risk estimates are consistent with your expectations.
Evolve Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Evolve |
Sharpe Ratio = 0.2574
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Estimated Market Risk
| 3.5 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.9 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Evolve Cryptocurrencies is performing at about 20% 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 Evolve Cryptocurrencies by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Evolve Cryptocurrencies Valuation on September 16, 2024
It is possible to determine the worth of Evolve Cryptocurrencies on a given historical date. On September 16, 2024 Evolve was worth 12.09 at the beginning of the trading date compared to the closed value of 11.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evolve Cryptocurrencies etf. Still, in general, we apply an absolute valuation method to find Evolve Cryptocurrencies' 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 Evolve Cryptocurrencies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evolve Cryptocurrencies' related companies.
| Open | High | Low | Close | Volume | |
| 11.78 | 12.31 | 11.78 | 12.31 | 6,787 | |
09/16/2024 | 12.09 | 12.09 | 11.82 | 11.82 | 1,404 |
| 12.51 | 12.52 | 12.43 | 12.43 | 54,912 |
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Evolve Cryptocurrencies Trading Date Momentum on September 16, 2024
| On September 17 2024 Evolve Cryptocurrencies ETF was traded for 12.43 at the closing time. The maximum traded price for the trading interval was 12.52 and the lowest daily price was 12.43 . The daily volume was recorded at 54.9 K. The volume of trading on 17th of September 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 5.16% . The overall trading delta to the closing price today is 12.01% . |
Evolve Cryptocurrencies Fundamentals Correlations and Trends
By evaluating Evolve Cryptocurrencies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Evolve Cryptocurrencies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Evolve financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Evolve Cryptocurrencies Etf history
Evolve Cryptocurrencies 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 Evolve is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Evolve Cryptocurrencies 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 Evolve Cryptocurrencies stock prices may prove useful in developing a viable investing in Evolve Cryptocurrencies
Evolve Cryptocurrencies Etf Technical Analysis
Evolve Cryptocurrencies 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
Evolve Cryptocurrencies Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Evolve Cryptocurrencies ETF 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.
Evolve Cryptocurrencies December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Evolve Cryptocurrencies etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evolve Cryptocurrencies shares will generate the highest return on investment. By undertsting and applying Evolve Cryptocurrencies etf market strength indicators, traders can identify Evolve Cryptocurrencies ETF entry and exit signals to maximize returns
Evolve Cryptocurrencies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Evolve Cryptocurrencies' price direction in advance. Along with the technical and fundamental analysis of Evolve Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Evolve 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 | 0.2033 | |||
| Jensen Alpha | 0.8235 | |||
| Total Risk Alpha | 0.3783 | |||
| Sortino Ratio | 0.3449 | |||
| Treynor Ratio | 1.02 |
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Other Information on Investing in Evolve Etf
Evolve Cryptocurrencies financial ratios help investors to determine whether Evolve 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 Evolve with respect to the benefits of owning Evolve Cryptocurrencies security.