Jacob Forward Etf Price on July 19, 2023
JFWD Etf | USD 13.05 0.42 3.12% |
If you're considering investing in Jacob Etf, it is important to understand the factors that can impact its price. As of today, the current price of Jacob Forward stands at 13.05, as last reported on the 11th of December 2024, with the highest price reaching 13.47 and the lowest price hitting 13.05 during the day. Jacob Forward appears to be not too volatile, given 3 months investment horizon. Jacob Forward ETF holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jacob Forward ETF, which you can use to evaluate the volatility of the entity. Please utilize Jacob Forward's Downside Deviation of 1.92, risk adjusted performance of 0.1713, and Market Risk Adjusted Performance of 0.2825 to validate if our risk estimates are consistent with your expectations.
Jacob Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Jacob |
Sharpe Ratio = 0.211
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Estimated Market Risk
1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Jacob Forward is performing at about 16% 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 Jacob Forward by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 2.4 K |
Jacob Forward Valuation on July 19, 2023
It is possible to determine the worth of Jacob Forward on a given historical date. On July 19, 2023 Jacob was worth 9.75 at the beginning of the trading date compared to the closed value of 9.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jacob Forward etf. Still, in general, we apply an absolute valuation method to find Jacob Forward'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 Jacob Forward where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jacob Forward's related companies.
Open | High | Low | Close | Volume | |
9.68 | 9.68 | 9.68 | 9.68 | 3.00 | |
07/19/2023 | 9.75 | 9.75 | 9.75 | 9.75 | 464.00 |
9.53 | 9.53 | 9.46 | 9.46 | 3,212 |
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Jacob Forward Trading Date Momentum on July 19, 2023
On July 20 2023 Jacob Forward ETF was traded for 9.46 at the closing time. The top price for the day was 9.53 and the lowest listed price was 9.46 . The trading volume for the day was 3.2 K. The trading history from July 20, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.97% . The trading delta at closing time against the current closing price is 0.41% . |
Jacob Forward ETF Fundamentals Correlations and Trends
By evaluating Jacob Forward'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 Jacob Forward's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jacob financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jacob Forward Etf history
Jacob Forward 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 Jacob is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jacob Forward ETF 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 Jacob Forward stock prices may prove useful in developing a viable investing in Jacob Forward
The manager seeks to achieve the funds investment objective by investing in common stocks and other equity securities of companies of all sizes. Jacob Funds is traded on NYSEARCA Exchange in the United States.
Jacob Forward Etf Technical Analysis
Jacob Forward 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
Jacob Forward Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Jacob Forward ETF 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.
Jacob Forward December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Jacob Forward etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jacob Forward shares will generate the highest return on investment. By undertsting and applying Jacob Forward etf market strength indicators, traders can identify Jacob Forward ETF entry and exit signals to maximize returns
Jacob Forward Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jacob Forward's price direction in advance. Along with the technical and fundamental analysis of Jacob Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jacob 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 | 0.1713 | |||
Jensen Alpha | 0.2383 | |||
Total Risk Alpha | 0.1193 | |||
Sortino Ratio | 0.1546 | |||
Treynor Ratio | 0.2725 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jacob Forward ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of Jacob Forward ETF is measured differently than its book value, which is the value of Jacob that is recorded on the company's balance sheet. Investors also form their own opinion of Jacob Forward's value that differs from its market value or its book value, called intrinsic value, which is Jacob Forward'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 Jacob Forward's market value can be influenced by many factors that don't directly affect Jacob Forward'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 Jacob Forward's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jacob Forward is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jacob Forward'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.