Evolve Global Healthcare Etf Price on November 25, 2024
| LIFE Etf | CAD 20.36 0.02 0.1% |
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 20.36, as last reported on the 26th of November, with the highest price reaching 20.43 and the lowest price hitting 20.28 during the day.
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 -0.25, which denotes the etf had a -0.25% return per unit of risk over the last 3 months. Evolve Global Healthcare exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Evolve Global's Variance of 0.3975, standard deviation of 0.6304, and Mean Deviation of 0.5102 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.
3 y Volatility 12.78 | 200 Day MA 21.6771 | 1 y Volatility 11.1 | 50 Day MA 21.4658 | Inception Date 2017-10-23 |
Evolve |
Sharpe Ratio = -0.2473
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| Negative Returns | LIFE |
Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.25 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 285.6 K |
Evolve Global Valuation on November 25, 2024
It is possible to determine the worth of Evolve Global on a given historical date. On November 25, 2024 Evolve was worth 20.43 at the beginning of the trading date compared to the closed value of 20.36. 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 | |
| 20.34 | 20.39 | 20.30 | 20.34 | 17,919 | |
11/25/2024 | 20.43 | 20.43 | 20.28 | 20.36 | 10,846 |
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Evolve Global Trading Date Momentum on November 25, 2024
| On November 25 2024 Evolve Global Healthcare was traded for 20.36 at the closing time. The highest price during the trading period was 20.43 and the lowest recorded bid was listed for 20.28 . The volume for the day was 10.8 K. This history from November 25, 2024 did not affect price variability. The overall trading delta to the current price is 0.34% . |
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.
Price Boundaries
Evolve Global Period Price Range
Low | November 26, 2024
| 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 November 26, 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.
| Risk Adjusted Performance | (0.20) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (1.08) |
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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.