Exchange Traded Concepts Etf Price on May 22, 2024
| INDF Etf | USD 38.96 0.66 1.72% |
If you're considering investing in Exchange Etf, it is important to understand the factors that can impact its price. As of today, the current price of Exchange Traded stands at 38.96, as last reported on the 26th of November, with the highest price reaching 38.99 and the lowest price hitting 38.73 during the day. Exchange Traded Concepts secures Sharpe Ratio (or Efficiency) of -0.01, which denotes the etf had a -0.01% return per unit of standard deviation over the last 3 months. Exchange Traded Concepts exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Exchange Traded's Downside Deviation of 1.14, mean deviation of 0.8775, and Semi Deviation of 1.12 to check the risk estimate we provide.
Exchange Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Exchange |
Sharpe Ratio = -0.01
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| Negative Returns | INDF |
Estimated Market Risk
| 1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.01 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 Exchange Traded 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 Exchange Traded by adding Exchange Traded to a well-diversified portfolio.
Average Mkt Cap Mil 45.2 K |
Exchange Traded Valuation on May 22, 2024
It is possible to determine the worth of Exchange Traded on a given historical date. On May 22, 2024 Exchange was worth 36.01 at the beginning of the trading date compared to the closed value of 35.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Exchange Traded etf. Still, in general, we apply an absolute valuation method to find Exchange Traded'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 Exchange Traded where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Exchange Traded's related companies.
| Open | High | Low | Close | Volume | |
| 36.06 | 36.32 | 36.06 | 36.14 | 656.00 | |
05/22/2024 | 36.01 | 36.09 | 35.85 | 35.85 | 1,721 |
| 36.49 | 36.49 | 36.37 | 36.37 | 864.00 |
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Exchange Traded Trading Date Momentum on May 22, 2024
| On May 23 2024 Exchange Traded Concepts was traded for 36.37 at the closing time. The top price for the day was 36.49 and the lowest listed price was 36.37 . The trading volume for the day was 864. The trading history from May 23, 2024 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 1.45% . The overall trading delta against the current closing price is 6.05% . |
Exchange Traded Concepts Fundamentals Correlations and Trends
By evaluating Exchange Traded'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 Exchange Traded's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Exchange financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Exchange Traded Etf history
Exchange Traded 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 Exchange is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Exchange Traded Concepts 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 Exchange Traded stock prices may prove useful in developing a viable investing in Exchange Traded
The fund will normally invest at least 80 percent of its total assets in securities of the index or in depositary receipts representing securities of the index. Nifty India is traded on NYSEARCA Exchange in the United States.
Exchange Traded Etf Technical Analysis
Exchange Traded 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
Exchange Traded Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Exchange Traded Concepts 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.
Exchange Traded November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Exchange Traded etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Exchange Traded shares will generate the highest return on investment. By undertsting and applying Exchange Traded etf market strength indicators, traders can identify Exchange Traded Concepts entry and exit signals to maximize returns
Exchange Traded Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Exchange Traded's price direction in advance. Along with the technical and fundamental analysis of Exchange Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Exchange 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 | 0.0049 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0.02) |
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Exchange Traded Concepts. 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. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of Exchange Traded Concepts is measured differently than its book value, which is the value of Exchange that is recorded on the company's balance sheet. Investors also form their own opinion of Exchange Traded's value that differs from its market value or its book value, called intrinsic value, which is Exchange Traded'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 Exchange Traded's market value can be influenced by many factors that don't directly affect Exchange Traded'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 Exchange Traded's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Traded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Traded'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.