Arca Gold Bugs Index Price on October 22, 2024
| HUI Index | 301.10 0.98 0.33% |
Below is the normalized historical share price chart for ARCA Gold BUGS extending back to May 06, 1996. 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 ARCA Gold stands at 301.10, as last reported on the 2nd of December, with the highest price reaching 304.14 and the lowest price hitting 300.12 during the day.
If you're considering investing in ARCA Index, it is important to understand the factors that can impact its price. ARCA Gold BUGS retains Efficiency (Sharpe Ratio) of 0.0089, which signifies that the index had a 0.0089% return per unit of risk over the last 3 months. We have found twenty technical indicators for ARCA Gold, which you can use to evaluate the volatility of the entity. ARCA Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.0089
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HUI |
Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ARCA Gold is not performing at its full potential. However, 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 ARCA Gold by adding ARCA Gold to a well-diversified portfolio.
ARCA Gold Valuation on October 22, 2024
It is possible to determine the worth of ARCA Gold on a given historical date. On October 22, 2024 ARCA was worth 346.62 at the beginning of the trading date compared to the closed value of 353.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ARCA Gold index. Still, in general, we apply an absolute valuation method to find ARCA Gold'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 ARCA Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ARCA Gold's related companies.
| Open | High | Low | Close | Volume | |
| 344.56 | 352.34 | 344.56 | 346.62 | 1.00 | |
10/22/2024 | 346.62 | 354.40 | 346.62 | 353.42 | 1.00 |
| 354.23 | 354.23 | 345.00 | 348.05 | 1.00 |
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ARCA Gold Trading Date Momentum on October 22, 2024
| On October 23 2024 ARCA Gold BUGS was traded for 348.05 at the closing time. The highest price during the trading period was 354.23 and the lowest recorded bid was listed for 345.00 . There was no trading activity during the period 1.0. Lack of trading volume on October 23, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.52% . The overall trading delta to the current price is 9.12% . |
Price Boundaries
ARCA Gold Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
ARCA Gold BUGS cannot be verified against its exchange. Please verify the symbol is currently traded on INDX 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.
ARCA Gold December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how ARCA Gold index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ARCA Gold shares will generate the highest return on investment. By undertsting and applying ARCA Gold index market strength indicators, traders can identify ARCA Gold BUGS entry and exit signals to maximize returns
ARCA Gold Technical Drivers
ARCA Gold December 2, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ARCA Gold's price direction in advance. Along with the technical and fundamental analysis of ARCA Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of ARCA 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) | |||
| Mean Deviation | 1.53 | |||
| Coefficient Of Variation | (7,595) | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.13 | |||
| Information Ratio | (0.08) | |||
| Total Risk Alpha | (0.38) | |||
| Maximum Drawdown | 11.92 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 2.76 | |||
| Skewness | 0.0435 | |||
| Kurtosis | 1.17 |
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| Volume Indicators |