Kfa Mount Lucas Etf Price on October 15, 2024
| KMLM Etf | USD 27.84 0.14 0.51% |
If you're considering investing in KFA Etf, it is important to understand the factors that can impact its price. As of today, the current price of KFA Mount stands at 27.84, as last reported on the 24th of November, with the highest price reaching 27.96 and the lowest price hitting 27.80 during the day. KFA Mount Lucas retains Efficiency (Sharpe Ratio) of -0.12, which conveys that the entity had a -0.12% return per unit of return volatility over the last 3 months. KFA Mount exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KFA Mount's Mean Deviation of 0.5493, standard deviation of 0.7145, and Market Risk Adjusted Performance of (2.03) to check out the risk estimate we provide.
KFA Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
KFA |
Sharpe Ratio = -0.1178
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| Negative Returns | KMLM |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KFA Mount 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 KFA Mount by adding KFA Mount to a well-diversified portfolio.
Average Mkt Cap Mil 523.26195 | Market Capitalisation {Big=0, Small=0.14633, Mega=0, Medium=0, Micro=0} |
KFA Mount Valuation on October 15, 2024
It is possible to determine the worth of KFA Mount on a given historical date. On October 15, 2024 KFA was worth 28.28 at the beginning of the trading date compared to the closed value of 28.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KFA Mount etf. Still, in general, we apply an absolute valuation method to find KFA Mount'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 KFA Mount where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KFA Mount's related companies.
| Open | High | Low | Close | Volume | |
| 27.85 | 28.01 | 27.73 | 28.01 | 43,656 | |
10/15/2024 | 28.28 | 28.39 | 28.27 | 28.32 | 76,139 |
| 28.33 | 28.41 | 28.31 | 28.40 | 43,020 |
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KFA Mount Trading Date Momentum on October 15, 2024
| On October 16 2024 KFA Mount Lucas was traded for 28.40 at the closing time. The top price for the day was 28.41 and the lowest listed price was 28.31 . The trading volume for the day was 43 K. The trading history from October 16, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.28% . The trading delta at closing time against the current closing price is 0.92% . |
KFA Mount Lucas Fundamentals Correlations and Trends
By evaluating KFA Mount'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 KFA Mount's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. KFA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About KFA Mount Etf history
KFA Mount 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 KFA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in KFA Mount Lucas 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 KFA Mount stock prices may prove useful in developing a viable investing in KFA Mount
The fund seeks to achieve its goal by investing in commodity, currency, and global fixed income futures contracts traded on U.S. and foreign exchanges that are the same as or similar to those included in the index. Kfa Mount is traded on NYSEARCA Exchange in the United States.
KFA Mount Etf Technical Analysis
KFA Mount 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
KFA Mount Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
KFA Mount Lucas 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.
KFA Mount November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how KFA Mount etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KFA Mount shares will generate the highest return on investment. By undertsting and applying KFA Mount etf market strength indicators, traders can identify KFA Mount Lucas entry and exit signals to maximize returns
KFA Mount Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for KFA Mount's price direction in advance. Along with the technical and fundamental analysis of KFA Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of KFA 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 | (0.10) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (2.04) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KFA Mount Lucas. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of KFA Mount Lucas is measured differently than its book value, which is the value of KFA that is recorded on the company's balance sheet. Investors also form their own opinion of KFA Mount's value that differs from its market value or its book value, called intrinsic value, which is KFA Mount'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 KFA Mount's market value can be influenced by many factors that don't directly affect KFA Mount'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 KFA Mount's value and its price as these two are different measures arrived at by different means. Investors typically determine if KFA Mount is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KFA Mount'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.