Humankind Benefit Etf Price on May 24, 2024
| HKND Etf | USD 33.22 0.09 0.27% |
If you're considering investing in Humankind Etf, it is important to understand the factors that can impact its price. As of today, the current price of Humankind Benefit stands at 33.22, as last reported on the 11th of December 2024, with the highest price reaching 33.22 and the lowest price hitting 33.22 during the day. At this point, Humankind Benefit is very steady. Humankind Benefit holds Efficiency (Sharpe) Ratio of 0.0683, which attests that the entity had a 0.0683% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Humankind Benefit, which you can use to evaluate the volatility of the entity. Please check out Humankind Benefit's Market Risk Adjusted Performance of 0.0662, risk adjusted performance of 0.0579, and Downside Deviation of 0.5962 to validate if the risk estimate we provide is consistent with the expected return of 0.0415%.
Humankind Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Humankind |
Sharpe Ratio = 0.0683
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| Negative Returns | HKND |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Humankind Benefit is performing at about 5% 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 Humankind Benefit by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 76.3 K |
Humankind Benefit Valuation on May 24, 2024
It is possible to determine the worth of Humankind Benefit on a given historical date. On May 24, 2024 Humankind was worth 30.79 at the beginning of the trading date compared to the closed value of 30.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Humankind Benefit etf. Still, in general, we apply an absolute valuation method to find Humankind Benefit'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 Humankind Benefit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Humankind Benefit's related companies.
| Open | High | Low | Close | Volume | |
| 31.22 | 31.22 | 30.83 | 30.83 | 800.00 | |
05/24/2024 | 30.79 | 30.97 | 30.79 | 30.96 | 2,248 |
| 30.74 | 30.79 | 30.72 | 30.72 | 687.00 |
| Backtest Humankind Benefit | | | Humankind Benefit History | | | Humankind Benefit Valuation | Previous | Next |
Humankind Benefit Trading Date Momentum on May 24, 2024
| On May 28 2024 Humankind Benefit was traded for 30.72 at the closing time. The top price for the day was 30.79 and the lowest listed price was 30.72 . The trading volume for the day was 687. The trading history from May 28, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.78% . The trading delta at closing time against the current closing price is 0.16% . |
Humankind Benefit Fundamentals Correlations and Trends
By evaluating Humankind Benefit'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 Humankind Benefit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Humankind financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Humankind Benefit Etf history
Humankind Benefit 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 Humankind is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Humankind Benefit 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 Humankind Benefit stock prices may prove useful in developing a viable investing in Humankind Benefit
Humankind Benefit Etf Technical Analysis
Humankind Benefit 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
Humankind Benefit Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Humankind Benefit 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.
Humankind Benefit December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Humankind Benefit etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Humankind Benefit shares will generate the highest return on investment. By undertsting and applying Humankind Benefit etf market strength indicators, traders can identify Humankind Benefit entry and exit signals to maximize returns
Humankind Benefit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Humankind Benefit's price direction in advance. Along with the technical and fundamental analysis of Humankind Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Humankind 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 | 0.0579 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.0562 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Humankind Benefit. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of Humankind Benefit is measured differently than its book value, which is the value of Humankind that is recorded on the company's balance sheet. Investors also form their own opinion of Humankind Benefit's value that differs from its market value or its book value, called intrinsic value, which is Humankind Benefit'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 Humankind Benefit's market value can be influenced by many factors that don't directly affect Humankind Benefit'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 Humankind Benefit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Humankind Benefit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Humankind Benefit'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.