Microsectors Travel 3x Etf Price on January 22, 2025
| FLYD Etf | USD 20.74 1.64 8.59% |
If you're considering investing in MicroSectors Etf, it is important to understand the factors that can impact its price. As of today, the current price of MicroSectors Travel stands at 20.74, as last reported on the 11th of March 2025, with the highest price reaching 21.68 and the lowest price hitting 19.41 during the day. MicroSectors Travel appears to be not too volatile, given 3 months investment horizon. MicroSectors Travel has Sharpe Ratio of 0.18, which conveys that the entity had a 0.18 % return per unit of risk over the last 3 months. By analyzing MicroSectors Travel's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please exercise MicroSectors Travel's Downside Deviation of 2.74, mean deviation of 3.04, and Risk Adjusted Performance of 0.1393 to check out if our risk estimates are consistent with your expectations.
MicroSectors Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
MicroSectors |
Sharpe Ratio = 0.1842
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Estimated Market Risk
| 4.08 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average MicroSectors Travel is performing at about 14% 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 MicroSectors Travel by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 47 K |
MicroSectors Travel Valuation on January 22, 2025
It is possible to determine the worth of MicroSectors Travel on a given historical date. On January 22, 2025 MicroSectors was worth 14.86 at the beginning of the trading date compared to the closed value of 14.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MicroSectors Travel etf. Still, in general, we apply an absolute valuation method to find MicroSectors Travel'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 MicroSectors Travel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MicroSectors Travel's related companies.
| Open | High | Low | Close | Volume | |
| 14.38 | 14.38 | 14.38 | 14.38 | 269.00 | |
01/22/2025 | 14.86 | 14.86 | 14.86 | 14.86 | 300.00 |
| 15.18 | 15.18 | 14.67 | 14.67 | 1,000.00 |
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MicroSectors Travel Trading Date Momentum on January 22, 2025
| On January 23 2025 MicroSectors Travel 3X was traded for 14.67 at the closing time. The top price for the day was 15.18 and the lowest listed price was 14.67 . The trading volume for the day was 1000. The trading history from January 23, 2025 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.28% . The trading delta at closing time against the current closing price is 0.13% . |
About MicroSectors Travel Etf history
MicroSectors Travel 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 MicroSectors is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MicroSectors Travel 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 MicroSectors Travel stock prices may prove useful in developing a viable investing in MicroSectors Travel
MicroSectors Travel Etf Technical Analysis
MicroSectors Travel 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
MicroSectors Travel Period Price Range
Low | March 11, 2025
| High |
0.00 | 0.00 |
MicroSectors Travel 3X cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
MicroSectors Travel March 11, 2025 Market Strength
Market strength indicators help investors to evaluate how MicroSectors Travel etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MicroSectors Travel shares will generate the highest return on investment. By undertsting and applying MicroSectors Travel etf market strength indicators, traders can identify MicroSectors Travel 3X entry and exit signals to maximize returns
MicroSectors Travel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MicroSectors Travel's price direction in advance. Along with the technical and fundamental analysis of MicroSectors Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of MicroSectors 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 | 0.1393 | |||
| Jensen Alpha | 0.3892 | |||
| Total Risk Alpha | 1.09 | |||
| Sortino Ratio | 0.2587 | |||
| Treynor Ratio | (0.29) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in MicroSectors Travel 3X. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of MicroSectors Travel is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Travel's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Travel'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 MicroSectors Travel's market value can be influenced by many factors that don't directly affect MicroSectors Travel'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 MicroSectors Travel's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Travel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Travel'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.