Arrow Etf Trust Etf Price on October 7, 2024
GYLD Etf | USD 13.08 0.06 0.46% |
Below is the normalized historical share price chart for Arrow ETF Trust extending back to May 08, 2012. 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 Arrow ETF stands at 13.08, as last reported on the 30th of November, with the highest price reaching 13.08 and the lowest price hitting 13.08 during the day.
If you're considering investing in Arrow Etf, it is important to understand the factors that can impact its price. At this point, Arrow ETF is very steady. Arrow ETF Trust secures Sharpe Ratio (or Efficiency) of 0.0622, which signifies that the etf had a 0.0622% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Arrow ETF Trust, which you can use to evaluate the volatility of the entity. Please confirm Arrow ETF's Downside Deviation of 0.7908, risk adjusted performance of 9.0E-4, and Mean Deviation of 0.4051 to double-check if the risk estimate we provide is consistent with the expected return of 0.0333%.
Arrow Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 13.88 | 200 Day MA 13.1988 | 1 y Volatility 11.05 | 50 Day MA 13.2784 | Inception Date 2012-05-08 |
Arrow |
Sharpe Ratio = 0.0622
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Negative Returns | GYLD |
Estimated Market Risk
0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Arrow ETF is performing at about 4% 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 Arrow ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 3.8 K |
Arrow ETF Valuation on October 7, 2024
It is possible to determine the worth of Arrow ETF on a given historical date. On October 7, 2024 Arrow was worth 13.5 at the beginning of the trading date compared to the closed value of 13.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arrow ETF etf. Still, in general, we apply an absolute valuation method to find Arrow 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 Arrow ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arrow ETF's related companies.
Open | High | Low | Close | Volume | |
13.37 | 13.53 | 13.37 | 13.53 | 12,285 | |
10/07/2024 | 13.50 | 13.57 | 13.48 | 13.49 | 4,231 |
13.45 | 13.47 | 13.34 | 13.42 | 1,852 |
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Arrow ETF Trading Date Momentum on October 7, 2024
On October 08 2024 Arrow ETF Trust was traded for 13.42 at the closing time. The top price for the day was 13.47 and the lowest listed price was 13.34 . The trading volume for the day was 1.9 K. The trading history from October 8, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.52% . The overall trading delta against the current closing price is 2.00% . |
Arrow ETF Trust Fundamentals Correlations and Trends
By evaluating Arrow ETF'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 Arrow ETF's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arrow financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arrow ETF Etf history
Arrow 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 Arrow is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arrow ETF Trust 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 Arrow ETF stock prices may prove useful in developing a viable investing in Arrow ETF
Arrow ETF Etf Technical Analysis
Arrow 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
Arrow ETF Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Arrow ETF Trust 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.
Arrow ETF November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Arrow 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 Arrow ETF shares will generate the highest return on investment. By undertsting and applying Arrow ETF etf market strength indicators, traders can identify Arrow ETF Trust entry and exit signals to maximize returns
Arrow ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arrow ETF's price direction in advance. Along with the technical and fundamental analysis of Arrow Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arrow 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 | 9.0E-4 | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | (0.17) | |||
Treynor Ratio | (0.03) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Arrow ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Arrow ETF Trust is measured differently than its book value, which is the value of Arrow that is recorded on the company's balance sheet. Investors also form their own opinion of Arrow ETF's value that differs from its market value or its book value, called intrinsic value, which is Arrow 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 Arrow ETF's market value can be influenced by many factors that don't directly affect Arrow 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 Arrow ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arrow ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arrow 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.