Forstrong Global Income Etf Price on November 12, 2024
| FINC Etf | 21.62 0.09 0.41% |
If you're considering investing in Forstrong Etf, it is important to understand the factors that can impact its price. As of today, the current price of Forstrong Global stands at 21.62, as last reported on the 22nd of November, with the highest price reaching 21.62 and the lowest price hitting 21.62 during the day. As of now, Forstrong Etf is very steady. Forstrong Global Income secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the etf had a 0.1% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Forstrong Global Income, which you can use to evaluate the volatility of the entity. Please confirm Forstrong Global's Variance of 0.1996, mean deviation of 0.1867, and Standard Deviation of 0.4468 to check if the risk estimate we provide is consistent with the expected return of 0.027%.
Forstrong Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Forstrong |
Sharpe Ratio = 0.1022
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| Negative Returns | FINC |
Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Forstrong Global is performing at about 8% 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 Forstrong Global by adding it to a well-diversified portfolio.
Forstrong Global Valuation on November 12, 2024
It is possible to determine the worth of Forstrong Global on a given historical date. On November 12, 2024 Forstrong was worth 21.58 at the beginning of the trading date compared to the closed value of 21.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forstrong Global etf. Still, in general, we apply an absolute valuation method to find Forstrong Global'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 Forstrong Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forstrong Global's related companies.
| Open | High | Low | Close | Volume | |
| 21.71 | 21.71 | 21.71 | 21.71 | 1.00 | |
11/12/2024 | 21.58 | 21.58 | 21.58 | 21.58 | 100.00 |
| 21.63 | 21.63 | 21.63 | 21.63 | 500.00 |
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Forstrong Global Trading Date Momentum on November 12, 2024
| On November 13 2024 Forstrong Global Income was traded for 21.63 at the closing time. The highest price during the trading period was 21.63 and the lowest recorded bid was listed for 21.63 . The volume for the day was 500. This history from November 13, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.23% . The overall trading delta to the current price is 0.19% . |
Price Boundaries
Forstrong Global Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
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Forstrong Global November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Forstrong Global etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forstrong Global shares will generate the highest return on investment. By undertsting and applying Forstrong Global etf market strength indicators, traders can identify Forstrong Global Income entry and exit signals to maximize returns
Forstrong Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Forstrong Global's price direction in advance. Along with the technical and fundamental analysis of Forstrong Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forstrong 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.