Evolve Global Healthcare Etf Price on June 26, 2024

LIFE Etf  CAD 19.93  0.04  0.20%   
Below is the normalized historical share price chart for Evolve Global Healthcare extending back to December 29, 2017. 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 Evolve Global stands at 19.93, as last reported on the 14th of December 2024, with the highest price reaching 20.02 and the lowest price hitting 19.85 during the day.
3 y Volatility
12.65
200 Day MA
21.578
1 y Volatility
11.05
50 Day MA
20.9509
Inception Date
2017-10-23
 
Covid
If you're considering investing in Evolve Etf, it is important to understand the factors that can impact its price. Evolve Global Healthcare secures Sharpe Ratio (or Efficiency) of -0.26, which denotes the etf had a -0.26% return per unit of risk over the last 3 months. Evolve Global Healthcare exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Evolve Global's Mean Deviation of 0.4694, standard deviation of 0.5886, and Variance of 0.3465 to check the risk estimate we provide.
  
Evolve Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2565

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Estimated Market Risk

 0.59
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.26
  actual daily
0
Most of other assets perform better
Based on monthly moving average Evolve Global 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 Evolve Global by adding Evolve Global to a well-diversified portfolio.
Average Mkt Cap Mil
277.9 K

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Evolve Global Valuation on June 26, 2024

It is possible to determine the worth of Evolve Global on a given historical date. On June 26, 2024 Evolve was worth 20.83 at the beginning of the trading date compared to the closed value of 20.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evolve Global etf. Still, in general, we apply an absolute valuation method to find Evolve Global'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 Evolve Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evolve Global's related companies.
 Open High Low Close Volume
  20.93    20.96    20.90    20.96    11,600  
06/26/2024
  20.83    20.90    20.83    20.85    25,700  
  20.84    20.84    20.68    20.74    7,500  
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Open Value
20.83
20.85
Closing Value
22.61
Upside

Evolve Global Trading Date Momentum on June 26, 2024

On June 27 2024 Evolve Global Healthcare was traded for  20.74  at the closing time. The highest price during the trading period was 20.84  and the lowest recorded bid was listed for  20.68 . The volume for the day was 7.5 K. This history from June 27, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.53% . The overall trading delta to the current price is 1.34% .

Evolve Global Healthcare Fundamentals Correlations and Trends

By evaluating Evolve Global'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 Evolve Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Evolve financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Evolve Global Etf history

Evolve Global 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 Evolve is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Evolve Global Healthcare 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 Evolve Global stock prices may prove useful in developing a viable investing in Evolve Global
LIFE seeks to replicate, to the extent reasonably possible before fees and expenses, the performance of the Solactive Global Healthcare 20 Index Canadian Dollar Hedged, or any successor thereto, while mitigating downside risk. EVOLVE GLBL is traded on Toronto Stock Exchange in Canada.

Evolve Global Etf Technical Analysis

Evolve Global 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.
A focus of Evolve Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Evolve Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Evolve Global Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Evolve Global Healthcare cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Evolve Global December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Evolve Global etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evolve Global shares will generate the highest return on investment. By undertsting and applying Evolve Global etf market strength indicators, traders can identify Evolve Global Healthcare entry and exit signals to maximize returns

Evolve Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Evolve Global's price direction in advance. Along with the technical and fundamental analysis of Evolve Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Evolve 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.

Other Information on Investing in Evolve Etf

Evolve Global financial ratios help investors to determine whether Evolve Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Evolve with respect to the benefits of owning Evolve Global security.