Flexshares Global Quality Etf Price on December 2, 2024
| GQRE Etf | USD 61.41 0.72 1.16% |
Below is the normalized historical share price chart for FlexShares Global Quality extending back to November 06, 2013. 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 FlexShares Global stands at 61.41, as last reported on the 3rd of December, with the highest price reaching 61.46 and the lowest price hitting 61.37 during the day.
If you're considering investing in FlexShares Etf, it is important to understand the factors that can impact its price. At this point, FlexShares Global is very steady. FlexShares Global Quality secures Sharpe Ratio (or Efficiency) of 0.0407, which denotes the etf had a 0.0407% return per unit of risk over the last 3 months. We have found thirty technical indicators for FlexShares Global Quality, which you can use to evaluate the volatility of the entity. Please confirm FlexShares Global's Downside Deviation of 0.8262, mean deviation of 0.5818, and Coefficient Of Variation of 2088.61 to check if the risk estimate we provide is consistent with the expected return of 0.0292%.
FlexShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 19.97 | 200 Day MA 57.4805 | 1 y Volatility 15.13 | 50 Day MA 61.19 | Inception Date 2013-11-05 |
FlexShares |
Sharpe Ratio = 0.0407
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| Negative Returns | GQRE |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average FlexShares Global is performing at about 3% 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 FlexShares Global by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 12.8 K |
FlexShares Global Valuation on December 2, 2024
It is possible to determine the worth of FlexShares Global on a given historical date. On December 2, 2024 FlexShares was worth 61.46 at the beginning of the trading date compared to the closed value of 61.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FlexShares Global etf. Still, in general, we apply an absolute valuation method to find FlexShares Global'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 FlexShares Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FlexShares Global's related companies.
| Open | High | Low | Close | Volume | |
| 62.66 | 62.66 | 62.13 | 62.13 | 6,600 | |
12/02/2024 | 61.46 | 61.46 | 61.37 | 61.41 | 1,400 |
| 61.46 | 61.46 | 61.37 | 61.41 | 0.00 |
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FlexShares Global Trading Date Momentum on December 2, 2024
| On December 03 2024 FlexShares Global Quality was traded for 61.41 at the closing time. The top price for the day was 61.46 and the lowest listed price was 61.37 . There was no trading activity during the period 0.0. Lack of trading volume on December 3, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.08% . |
FlexShares Global Quality Fundamentals Correlations and Trends
By evaluating FlexShares Global'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 FlexShares Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FlexShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FlexShares Global Etf history
FlexShares Global 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 FlexShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FlexShares Global Quality 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 FlexShares Global stock prices may prove useful in developing a viable investing in FlexShares Global
The index is designed to reflect the performance of a selection of companies that, in aggregate, possess greater exposure to quality, value and momentum factors relative to the Northern Trust Global Real Estate Index. Flexshares Global is traded on NYSEARCA Exchange in the United States.
FlexShares Global Etf Technical Analysis
FlexShares Global 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
FlexShares Global Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
FlexShares Global Quality 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.
FlexShares Global December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how FlexShares Global etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FlexShares Global shares will generate the highest return on investment. By undertsting and applying FlexShares Global etf market strength indicators, traders can identify FlexShares Global Quality entry and exit signals to maximize returns
FlexShares Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FlexShares Global's price direction in advance. Along with the technical and fundamental analysis of FlexShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of FlexShares 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 | 0.036 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.0839 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in FlexShares Global Quality. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of FlexShares Global Quality is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Global's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Global'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 FlexShares Global's market value can be influenced by many factors that don't directly affect FlexShares Global'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 FlexShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Global'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.