Freedom 100 Emerging Etf Price on November 27, 2024
| FRDM Etf | USD 33.35 0.18 0.54% |
Below is the normalized historical share price chart for Freedom 100 Emerging extending back to May 23, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Freedom 100 stands at 33.35, as last reported on the 2nd of December, with the highest price reaching 33.88 and the lowest price hitting 33.19 during the day.
If you're considering investing in Freedom Etf, it is important to understand the factors that can impact its price. Freedom 100 Emerging secures Sharpe Ratio (or Efficiency) of -0.0576, which denotes the etf had a -0.0576% return per unit of risk over the last 3 months. Freedom 100 Emerging exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Freedom 100's Variance of 1.37, standard deviation of 1.17, and Mean Deviation of 0.8605 to check the risk estimate we provide.
Freedom Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 21.32 | 200 Day MA 34.5727 | 1 y Volatility 14.31 | 50 Day MA 35.2168 | Inception Date 2019-05-22 |
Freedom |
Sharpe Ratio = -0.0576
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| Negative Returns | FRDM |
Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Freedom 100 is not performing at its full potential. However, 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 Freedom 100 by adding Freedom 100 to a well-diversified portfolio.
Average Mkt Cap Mil 30.5 K |
Freedom 100 Valuation on November 27, 2024
It is possible to determine the worth of Freedom 100 on a given historical date. On November 27, 2024 Freedom was worth 33.91 at the beginning of the trading date compared to the closed value of 33.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Freedom 100 etf. Still, in general, we apply an absolute valuation method to find Freedom 100'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 Freedom 100 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Freedom 100's related companies.
| Open | High | Low | Close | Volume | |
| 34.04 | 34.24 | 33.85 | 33.94 | 222,600 | |
11/27/2024 | 33.91 | 33.91 | 33.39 | 33.53 | 433,200 |
| 33.19 | 33.88 | 33.19 | 33.35 | 222,607 |
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Freedom 100 Trading Date Momentum on November 27, 2024
| On November 29 2024 Freedom 100 Emerging was traded for 33.35 at the closing time. The top price for the day was 33.88 and the lowest listed price was 33.19 . The trading volume for the day was 222.6 K. The trading history from November 29, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.54% . The overall trading delta against the current closing price is 1.01% . |
Freedom 100 Emerging Fundamentals Correlations and Trends
By evaluating Freedom 100's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Freedom 100's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Freedom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Freedom 100 Etf history
Freedom 100 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 Freedom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Freedom 100 Emerging 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 Freedom 100 stock prices may prove useful in developing a viable investing in Freedom 100
Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index or in depositary receipts representing such component securities. Freedom 100 is traded on BATS Exchange in the United States.
Freedom 100 Etf Technical Analysis
Freedom 100 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
Freedom 100 Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Freedom 100 Emerging cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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.
Freedom 100 December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Freedom 100 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Freedom 100 shares will generate the highest return on investment. By undertsting and applying Freedom 100 etf market strength indicators, traders can identify Freedom 100 Emerging entry and exit signals to maximize returns
Freedom 100 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Freedom 100's price direction in advance. Along with the technical and fundamental analysis of Freedom Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Freedom 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 | (0.05) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.28) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freedom 100 Emerging. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of Freedom 100 Emerging is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom 100's value that differs from its market value or its book value, called intrinsic value, which is Freedom 100'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 Freedom 100's market value can be influenced by many factors that don't directly affect Freedom 100'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 Freedom 100's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom 100 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom 100'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.