The 2023 Etf Price on November 22, 2024
| GMOI Etf | 24.17 0.08 0.33% |
If you're considering investing in 2023 Etf, it is important to understand the factors that can impact its price. As of today, the current price of 2023 ETF stands at 24.17, as last reported on the 28th of November, with the highest price reaching 24.22 and the lowest price hitting 24.06 during the day. 2023 ETF is out of control given 3 months investment horizon. 2023 ETF secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the etf had a 0.21% return per unit of volatility over the last 3 months. We were able to break down and interpolate data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 43.34% are justified by taking the suggested risk. Use 2023 ETF coefficient of variation of (523.38), and Risk Adjusted Performance of (0.14) to evaluate company specific risk that cannot be diversified away.
2023 Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
2023 |
Sharpe Ratio = 0.2078
| Best Portfolio | Best Equity | GMOI | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 208.55 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average 2023 ETF is performing at about 16% 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 2023 ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 37.7 K |
2023 ETF Valuation on November 22, 2024
It is possible to determine the worth of 2023 ETF on a given historical date. On November 22, 2024 2023 was worth 26.69 at the beginning of the trading date compared to the closed value of 24.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 2023 ETF etf. Still, in general, we apply an absolute valuation method to find 2023 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 2023 ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 2023 ETF's related companies.
| Open | High | Low | Close | Volume | |
| 24.21 | 24.29 | 24.21 | 24.26 | 24,100 | |
11/22/2024 | 26.69 | 26.69 | 24.10 | 24.33 | 323,200 |
| 24.64 | 24.64 | 24.30 | 24.36 | 172,100 |
| Backtest 2023 ETF | | | 2023 ETF History | | | 2023 ETF Valuation | Previous | Next |
2023 ETF Trading Date Momentum on November 22, 2024
| On November 25 2024 The 2023 ETF was traded for 24.36 at the closing time. The top price for the day was 24.64 and the lowest listed price was 24.30 . The trading volume for the day was 172.1 K. The trading history from November 25, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.12% . The trading price change against the current closing price is 0.90% . |
About 2023 ETF Etf history
2023 ETF 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 2023 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 2023 ETF 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 2023 ETF stock prices may prove useful in developing a viable investing in 2023 ETF
2023 ETF Etf Technical Analysis
2023 ETF 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
2023 ETF Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
The 2023 ETF 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.
2023 ETF November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how 2023 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 2023 ETF shares will generate the highest return on investment. By undertsting and applying 2023 ETF etf market strength indicators, traders can identify The 2023 ETF entry and exit signals to maximize returns
2023 ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 2023 ETF's price direction in advance. Along with the technical and fundamental analysis of 2023 Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 2023 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 | (0.14) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (8.33) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The 2023 ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of 2023 ETF is measured differently than its book value, which is the value of 2023 that is recorded on the company's balance sheet. Investors also form their own opinion of 2023 ETF's value that differs from its market value or its book value, called intrinsic value, which is 2023 ETF'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 2023 ETF's market value can be influenced by many factors that don't directly affect 2023 ETF'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 2023 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2023 ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2023 ETF'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.