ETFS Ultra (Australia) Price on February 16, 2024
| LNAS Etf | 10.62 0.10 0.95% |
Below is the normalized historical share price chart for ETFS Ultra Long extending back to July 10, 2020. 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 ETFS Ultra stands at 10.62, as last reported on the 27th of November, with the highest price reaching 10.65 and the lowest price hitting 10.62 during the day.
If you're considering investing in ETFS Etf, it is important to understand the factors that can impact its price. ETFS Ultra appears to be not too volatile, given 3 months investment horizon. ETFS Ultra Long secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the etf had a 0.11% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for ETFS Ultra Long, which you can use to evaluate the volatility of the entity. Please utilize ETFS Ultra's mean deviation of 1.83, and Downside Deviation of 2.72 to check if our risk estimates are consistent with your expectations.
ETFS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 10.3032 | 50 Day MA 10.0607 |
ETFS |
Sharpe Ratio = 0.1072
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Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average ETFS Ultra is performing at about 8% 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 ETFS Ultra by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
ETFS Ultra Valuation on February 16, 2024
It is possible to determine the worth of ETFS Ultra on a given historical date. On February 16, 2024 ETFS was worth 8.47 at the beginning of the trading date compared to the closed value of 8.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ETFS Ultra etf. Still, in general, we apply an absolute valuation method to find ETFS Ultra'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 ETFS Ultra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ETFS Ultra's related companies.
| Open | High | Low | Close | Volume | |
| 8.37 | 8.39 | 8.35 | 8.38 | 160,448 | |
02/16/2024 | 8.47 | 8.48 | 8.43 | 8.46 | 178,011 |
| 8.22 | 8.30 | 8.22 | 8.28 | 200,458 |
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ETFS Ultra Trading Date Momentum on February 16, 2024
| On February 19 2024 ETFS Ultra Long was traded for 8.28 at the closing time. The highest price during the trading period was 8.30 and the lowest recorded bid was listed for 8.22 . The volume for the day was 200.5 K. This history from February 19, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.13% . The overall trading delta to the current price is 0.24% . |
About ETFS Ultra Etf history
ETFS Ultra 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 ETFS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ETFS Ultra Long 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 ETFS Ultra stock prices may prove useful in developing a viable investing in ETFS Ultra
ETFS Ultra Etf Technical Analysis
ETFS Ultra 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
ETFS Ultra Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
ETFS Ultra Long cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
ETFS Ultra November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how ETFS Ultra etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ETFS Ultra shares will generate the highest return on investment. By undertsting and applying ETFS Ultra etf market strength indicators, traders can identify ETFS Ultra Long entry and exit signals to maximize returns
ETFS Ultra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ETFS Ultra's price direction in advance. Along with the technical and fundamental analysis of ETFS Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ETFS 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 | 0.0664 | |||
| Jensen Alpha | 0.0924 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.023 | |||
| Treynor Ratio | 0.2432 |
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Other Information on Investing in ETFS Etf
ETFS Ultra financial ratios help investors to determine whether ETFS 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 ETFS with respect to the benefits of owning ETFS Ultra security.