Beta ETF (Poland) Price on November 9, 2023
ETFBSPXPL | 105.56 0.08 0.08% |
If you're considering investing in Beta Etf, it is important to understand the factors that can impact its price. As of today, the current price of Beta ETF stands at 105.56, as last reported on the 20th of February, with the highest price reaching 105.84 and the lowest price hitting 105.22 during the day. At this stage we consider Beta Etf to be very steady. Beta ETF SP secures Sharpe Ratio (or Efficiency) of 0.0539, which signifies that the etf had a 0.0539 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Beta ETF SP, which you can use to evaluate the volatility of the entity. Please confirm Beta ETF's Downside Deviation of 1.07, mean deviation of 0.5042, and Risk Adjusted Performance of 0.0385 to double-check if the risk estimate we provide is consistent with the expected return of 0.0408%.
Beta Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Beta |
Sharpe Ratio = 0.0539
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Estimated Market Risk
0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Beta ETF is performing at about 4% 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 Beta ETF by adding it to a well-diversified portfolio.
Beta ETF Valuation on November 9, 2023
It is possible to determine the worth of Beta ETF on a given historical date. On November 9, 2023 Beta was worth 76.32 at the beginning of the trading date compared to the closed value of 76.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beta ETF etf. Still, in general, we apply an absolute valuation method to find Beta ETF'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 Beta ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beta ETF's related companies.
Open | High | Low | Close | Volume | |
76.10 | 76.37 | 75.94 | 76.32 | 780.00 | |
11/09/2023 | 76.32 | 76.60 | 75.94 | 76.18 | 350.00 |
75.91 | 75.97 | 75.45 | 75.86 | 930.00 |
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Beta ETF Trading Date Momentum on November 9, 2023
On November 10 2023 Beta ETF SP was traded for 75.86 at the closing time. The highest price during the trading period was 75.97 and the lowest recorded bid was listed for 75.45 . The volume for the day was 930. This history from November 10, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.42% . The overall trading delta to the current price is 3.14% . |
Price Boundaries
Beta ETF Period Price Range
Low | February 20, 2025
| High |
0.00 | 0.00 |
Beta ETF SP cannot be verified against its exchange. Please verify the symbol is currently traded on Warsaw Stock 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.
Beta ETF February 20, 2025 Market Strength
Market strength indicators help investors to evaluate how Beta ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beta ETF shares will generate the highest return on investment. By undertsting and applying Beta ETF etf market strength indicators, traders can identify Beta ETF SP entry and exit signals to maximize returns
Beta ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beta ETF's price direction in advance. Along with the technical and fundamental analysis of Beta Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beta 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.