ITETF (India) Price on December 3, 2024
| ITETF Etf | 46.16 0.34 0.74% |
If you're considering investing in ITETF Etf, it is important to understand the factors that can impact its price. As of today, the current price of ITETF stands at 46.16, as last reported on the 11th of December 2024, with the highest price reaching 46.35 and the lowest price hitting 45.80 during the day. As of now, ITETF Etf is very steady. ITETF holds Efficiency (Sharpe) Ratio of 0.069, which attests that the entity had a 0.069% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for ITETF, which you can use to evaluate the volatility of the entity. Please check out ITETF's Risk Adjusted Performance of 0.0697, semi deviation of 1.19, and Market Risk Adjusted Performance of 0.1719 to validate if the risk estimate we provide is consistent with the expected return of 0.087%.
ITETF Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ITETF |
Sharpe Ratio = 0.069
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Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average ITETF 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 ITETF by adding it to a well-diversified portfolio.
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ITETF Valuation on December 3, 2024
It is possible to determine the worth of ITETF on a given historical date. On December 3, 2024 ITETF was worth 45.35 at the beginning of the trading date compared to the closed value of 44.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ITETF etf. Still, in general, we apply an absolute valuation method to find ITETF'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 ITETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ITETF's related companies.
| Open | High | Low | Close | Volume | |
| 45.02 | 45.02 | 43.91 | 44.46 | 515,039 | |
12/03/2024 | 45.35 | 45.35 | 44.43 | 44.73 | 2,503,209 |
| 45.00 | 45.36 | 44.69 | 44.91 | 117,001 |
| Backtest ITETF | | | ITETF History | Previous | Next |
ITETF Trading Date Momentum on December 3, 2024
| On December 04 2024 ITETF was traded for 44.91 at the closing time. The highest price during the trading period was 45.36 and the lowest recorded bid was listed for 44.69 . The volume for the day was 117 K. This history from December 4, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.40% . The trading delta at closing time to the current price is 2.84% . |
Price Boundaries
ITETF Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
ITETF cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
ITETF December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how ITETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ITETF shares will generate the highest return on investment. By undertsting and applying ITETF etf market strength indicators, traders can identify ITETF entry and exit signals to maximize returns
ITETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ITETF's price direction in advance. Along with the technical and fundamental analysis of ITETF Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ITETF 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.