Strategy Shares Nasdaq Etf Price on October 3, 2024
| HNDL Etf | USD 22.40 0.14 0.63% |
Below is the normalized historical share price chart for Strategy Shares Nasdaq extending back to January 17, 2018. 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 Strategy Shares stands at 22.40, as last reported on the 1st of December, with the highest price reaching 22.44 and the lowest price hitting 22.22 during the day.
If you're considering investing in Strategy Etf, it is important to understand the factors that can impact its price. As of now, Strategy Etf is very steady. Strategy Shares Nasdaq owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Strategy Shares Nasdaq, which you can use to evaluate the volatility of the etf. Please validate Strategy Shares' Semi Deviation of 0.4497, risk adjusted performance of 0.1015, and Coefficient Of Variation of 716.55 to confirm if the risk estimate we provide is consistent with the expected return of 0.0704%.
Strategy Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 14.71 | 200 Day MA 21.3229 | 1 y Volatility 9.22 | 50 Day MA 21.9914 | Inception Date 2018-01-16 |
Strategy |
Sharpe Ratio = 0.142
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| Cash | HNDL | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Strategy Shares is performing at about 11% 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 Strategy Shares by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 117.4 K |
Strategy Shares Valuation on October 3, 2024
It is possible to determine the worth of Strategy Shares on a given historical date. On October 3, 2024 Strategy was worth 21.97 at the beginning of the trading date compared to the closed value of 21.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Strategy Shares etf. Still, in general, we apply an absolute valuation method to find Strategy Shares' 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 Strategy Shares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Strategy Shares' related companies.
| Open | High | Low | Close | Volume | |
| 21.93 | 22.00 | 21.82 | 21.93 | 109,364 | |
10/03/2024 | 21.97 | 21.97 | 21.84 | 21.94 | 23,914 |
| 21.93 | 21.94 | 21.77 | 21.92 | 92,622 |
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Strategy Shares Trading Date Momentum on October 3, 2024
| On October 04 2024 Strategy Shares Nasdaq was traded for 21.92 at the closing time. The top price for the day was 21.94 and the lowest listed price was 21.77 . The trading volume for the day was 92.6 K. The trading history from October 4, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.09% . The trading price change against the current closing price is 0.73% . |
Strategy Shares Nasdaq Fundamentals Correlations and Trends
By evaluating Strategy Shares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Strategy Shares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Strategy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Strategy Shares Etf history
Strategy Shares 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 Strategy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Strategy Shares Nasdaq 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 Strategy Shares stock prices may prove useful in developing a viable investing in Strategy Shares
Strategy Shares Etf Technical Analysis
Strategy Shares 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
Strategy Shares Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Strategy Shares Nasdaq cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Strategy Shares December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Strategy Shares etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Strategy Shares shares will generate the highest return on investment. By undertsting and applying Strategy Shares etf market strength indicators, traders can identify Strategy Shares Nasdaq entry and exit signals to maximize returns
Strategy Shares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Strategy Shares' price direction in advance. Along with the technical and fundamental analysis of Strategy Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Strategy 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 | 0.1015 | |||
| Jensen Alpha | 0.0083 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.1478 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Strategy Shares Nasdaq. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Strategy Etf please use our How to buy in Strategy Etf guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Strategy Shares Nasdaq is measured differently than its book value, which is the value of Strategy that is recorded on the company's balance sheet. Investors also form their own opinion of Strategy Shares' value that differs from its market value or its book value, called intrinsic value, which is Strategy Shares' 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 Strategy Shares' market value can be influenced by many factors that don't directly affect Strategy Shares' 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 Strategy Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Strategy Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strategy Shares' 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.