Gpow Etf Price on December 4, 2024
| GPOW Etf | 54.25 0.45 0.84% |
If you're considering investing in GPOW Etf, it is important to understand the factors that can impact its price. As of today, the current price of GPOW stands at 54.25, as last reported on the 12th of December 2024, with the highest price reaching 54.25 and the lowest price hitting 54.09 during the day. At this stage we consider GPOW Etf to be very steady. GPOW holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for GPOW, which you can use to evaluate the volatility of the entity. Please check out GPOW's market risk adjusted performance of 0.3795, and Risk Adjusted Performance of 0.1442 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
GPOW Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
GPOW |
Sharpe Ratio = 0.1621
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Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average GPOW is performing at about 12% 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 GPOW by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 21.6 K |
GPOW Valuation on December 4, 2024
It is possible to determine the worth of GPOW on a given historical date. On December 4, 2024 GPOW was worth 55.9 at the beginning of the trading date compared to the closed value of 55.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GPOW etf. Still, in general, we apply an absolute valuation method to find GPOW'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 GPOW where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GPOW's related companies.
| Open | High | Low | Close | Volume | |
| 55.88 | 56.06 | 55.88 | 55.95 | 858.00 | |
12/04/2024 | 55.90 | 55.90 | 55.40 | 55.51 | 1,882 |
| 55.94 | 56.82 | 55.94 | 56.08 | 3,524 |
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GPOW Trading Date Momentum on December 4, 2024
| On December 05 2024 GPOW was traded for 56.08 at the closing time. The top price for the day was 56.82 and the lowest listed price was 55.94 . The trading volume for the day was 3.5 K. The trading history from December 5, 2024 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 1.03% . The overall trading delta against the current closing price is 2.56% . |
About GPOW Etf history
GPOW 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 GPOW is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GPOW 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 GPOW stock prices may prove useful in developing a viable investing in GPOW
GPOW Etf Technical Analysis
GPOW 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
GPOW Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
GPOW 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.
GPOW December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how GPOW etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GPOW shares will generate the highest return on investment. By undertsting and applying GPOW etf market strength indicators, traders can identify GPOW entry and exit signals to maximize returns
GPOW Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GPOW's price direction in advance. Along with the technical and fundamental analysis of GPOW Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of GPOW 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 | 0.1442 | |||
| Jensen Alpha | 0.1157 | |||
| Total Risk Alpha | 0.0246 | |||
| Sortino Ratio | 0.0562 | |||
| Treynor Ratio | 0.3695 |
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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 GPOW. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of GPOW is measured differently than its book value, which is the value of GPOW that is recorded on the company's balance sheet. Investors also form their own opinion of GPOW's value that differs from its market value or its book value, called intrinsic value, which is GPOW'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 GPOW's market value can be influenced by many factors that don't directly affect GPOW'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 GPOW's value and its price as these two are different measures arrived at by different means. Investors typically determine if GPOW is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GPOW'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.