Trueshares Technology Ai Etf Price on November 26, 2024
| LRNZ Etf | USD 42.38 0.16 0.38% |
Below is the normalized historical share price chart for TrueShares Technology AI extending back to March 02, 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 TrueShares Technology stands at 42.38, as last reported on the 30th of November, with the highest price reaching 42.60 and the lowest price hitting 42.38 during the day.
If you're considering investing in TrueShares Etf, it is important to understand the factors that can impact its price. TrueShares Technology appears to be very steady, given 3 months investment horizon. TrueShares Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the etf had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for TrueShares Technology AI, which you can use to evaluate the volatility of the etf. Please review TrueShares Technology's Risk Adjusted Performance of 0.1055, semi deviation of 1.26, and Coefficient Of Variation of 760.13 to confirm if our risk estimates are consistent with your expectations.
TrueShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 32.24 | 200 Day MA 38.2455 | 1 y Volatility 28.75 | 50 Day MA 39.2441 | Inception Date 2020-02-28 |
TrueShares |
Sharpe Ratio = 0.1941
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Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average TrueShares Technology is performing at about 15% 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 TrueShares Technology by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 73.4 K |
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TrueShares Technology Valuation on November 26, 2024
It is possible to determine the worth of TrueShares Technology on a given historical date. On November 26, 2024 TrueShares was worth 43.23 at the beginning of the trading date compared to the closed value of 42.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TrueShares Technology etf. Still, in general, we apply an absolute valuation method to find TrueShares Technology'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 TrueShares Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TrueShares Technology's related companies.
| Open | High | Low | Close | Volume | |
| 43.60 | 43.60 | 42.85 | 42.87 | 4,400 | |
11/26/2024 | 43.23 | 43.23 | 42.70 | 42.82 | 2,857 |
| 42.00 | 42.22 | 41.82 | 42.22 | 1,775 |
| Backtest TrueShares Technology | | | TrueShares Technology History | | | TrueShares Technology Valuation | Previous | Next |
TrueShares Technology Trading Date Momentum on November 26, 2024
| On November 27 2024 TrueShares Technology AI was traded for 42.22 at the closing time. The top price for the day was 42.22 and the lowest listed price was 41.82 . The trading volume for the day was 1.8 K. The trading history from November 27, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.40% . The trading price change against the current closing price is 0.79% . |
TrueShares Technology Fundamentals Correlations and Trends
By evaluating TrueShares Technology'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 TrueShares Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TrueShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TrueShares Technology Etf history
TrueShares Technology 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 TrueShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TrueShares Technology 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 TrueShares Technology stock prices may prove useful in developing a viable investing in TrueShares Technology
Under normal circumstances, at least 80 percent of its net assets in the common stock of technology, artificial intelligence and deep learning companies. Truemark Technology is traded on NYSEARCA Exchange in the United States.
TrueShares Technology Etf Technical Analysis
TrueShares Technology 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
TrueShares Technology Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
TrueShares Technology AI 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.
TrueShares Technology November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how TrueShares Technology etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TrueShares Technology shares will generate the highest return on investment. By undertsting and applying TrueShares Technology etf market strength indicators, traders can identify TrueShares Technology AI entry and exit signals to maximize returns
TrueShares Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TrueShares Technology's price direction in advance. Along with the technical and fundamental analysis of TrueShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of TrueShares 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 | 0.1055 | |||
| Jensen Alpha | 0.0359 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0409 | |||
| Treynor Ratio | 0.1573 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in TrueShares Technology AI. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of TrueShares Technology is measured differently than its book value, which is the value of TrueShares that is recorded on the company's balance sheet. Investors also form their own opinion of TrueShares Technology's value that differs from its market value or its book value, called intrinsic value, which is TrueShares Technology'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 TrueShares Technology's market value can be influenced by many factors that don't directly affect TrueShares Technology'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 TrueShares Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueShares Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueShares Technology'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.