Guru Favorite Stocks Etf Price on November 20, 2024
| GFGF Etf | USD 31.96 0.07 0.22% |
If you're considering investing in Guru Etf, it is important to understand the factors that can impact its price. As of today, the current price of Guru Favorite stands at 31.96, as last reported on the 25th of November, with the highest price reaching 31.96 and the lowest price hitting 31.90 during the day. At this point, Guru Favorite is very steady. Guru Favorite Stocks holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Guru Favorite Stocks, which you can use to evaluate the volatility of the entity. Please check out Guru Favorite's Market Risk Adjusted Performance of 0.1509, risk adjusted performance of 0.1227, and Downside Deviation of 0.8353 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Guru Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Guru |
Sharpe Ratio = 0.1491
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| Cash | GFGF | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Guru Favorite is performing at about 11% 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 Guru Favorite by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 358.3 K |
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Guru Favorite Valuation on November 20, 2024
It is possible to determine the worth of Guru Favorite on a given historical date. On November 20, 2024 Guru was worth 31.52 at the beginning of the trading date compared to the closed value of 31.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guru Favorite etf. Still, in general, we apply an absolute valuation method to find Guru Favorite'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 Guru Favorite where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guru Favorite's related companies.
| Open | High | Low | Close | Volume | |
| 31.46 | 31.76 | 31.46 | 31.76 | 102.00 | |
11/20/2024 | 31.52 | 31.65 | 31.52 | 31.65 | 300.00 |
| 31.57 | 31.82 | 31.57 | 31.82 | 200.00 |
| Backtest Guru Favorite | | | Guru Favorite History | | | Guru Favorite Valuation | Previous | Next |
Guru Favorite Trading Date Momentum on November 20, 2024
| On November 21 2024 Guru Favorite Stocks was traded for 31.82 at the closing time. The top price for the day was 31.82 and the lowest listed price was 31.57 . The trading volume for the day was 200. The trading history from November 21, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 0.54% . The overall trading delta against the current closing price is 0.79% . |
Guru Favorite Stocks Fundamentals Correlations and Trends
By evaluating Guru Favorite'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 Guru Favorite's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guru financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guru Favorite Etf history
Guru Favorite 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 Guru is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guru Favorite Stocks 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 Guru Favorite stock prices may prove useful in developing a viable investing in Guru Favorite
The funds investment strategy is to seek to grow the capital by investing in high quality companies that are favored by prominent long-term investors and at reasonable prices. Guru Favorite is traded on NASDAQ Exchange in the United States.
Guru Favorite Etf Technical Analysis
Guru Favorite 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
Guru Favorite Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Guru Favorite Stocks cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Guru Favorite November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Guru Favorite etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guru Favorite shares will generate the highest return on investment. By undertsting and applying Guru Favorite etf market strength indicators, traders can identify Guru Favorite Stocks entry and exit signals to maximize returns
Guru Favorite Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guru Favorite's price direction in advance. Along with the technical and fundamental analysis of Guru Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guru 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 | 0.1227 | |||
| Jensen Alpha | 0.017 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1409 |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guru Favorite Stocks. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of Guru Favorite Stocks is measured differently than its book value, which is the value of Guru that is recorded on the company's balance sheet. Investors also form their own opinion of Guru Favorite's value that differs from its market value or its book value, called intrinsic value, which is Guru Favorite'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 Guru Favorite's market value can be influenced by many factors that don't directly affect Guru Favorite'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 Guru Favorite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guru Favorite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guru Favorite'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.