Leadersharestm Alphafactor Core Etf Price on March 22, 2024
| LSAF Etf | USD 44.19 0.19 0.43% |
Below is the normalized historical share price chart for LeaderSharesTM AlphaFactor Core extending back to October 02, 2018. 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 LeaderSharesTM AlphaFactor stands at 44.19, as last reported on the 30th of November, with the highest price reaching 44.42 and the lowest price hitting 44.19 during the day.
If you're considering investing in LeaderSharesTM Etf, it is important to understand the factors that can impact its price. At this point, LeaderSharesTM AlphaFactor is very steady. LeaderSharesTM AlphaFactor has Sharpe Ratio of 0.23, which conveys that the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for LeaderSharesTM AlphaFactor, which you can use to evaluate the volatility of the etf. Please verify LeaderSharesTM AlphaFactor's Downside Deviation of 0.8677, mean deviation of 0.6717, and Risk Adjusted Performance of 0.1455 to check out if the risk estimate we provide is consistent with the expected return of 0.19%.
LeaderSharesTM Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 19.64 | 200 Day MA 39.0416 | 1 y Volatility 13.63 | 50 Day MA 42.0196 | Inception Date 2018-10-01 |
LeaderSharesTM |
Sharpe Ratio = 0.2269
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LSAF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average LeaderSharesTM AlphaFactor is performing at about 17% 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 LeaderSharesTM AlphaFactor by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 23.8 K |
LeaderSharesTM AlphaFactor Valuation on March 22, 2024
It is possible to determine the worth of LeaderSharesTM AlphaFactor on a given historical date. On March 22, 2024 LeaderSharesTM was worth 38.78 at the beginning of the trading date compared to the closed value of 38.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LeaderSharesTM AlphaFactor etf. Still, in general, we apply an absolute valuation method to find LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LeaderSharesTM AlphaFactor's related companies.
| Open | High | Low | Close | Volume | |
| 38.68 | 38.89 | 38.68 | 38.84 | 15,400 | |
03/22/2024 | 38.78 | 38.78 | 38.64 | 38.71 | 10,700 |
| 38.72 | 38.83 | 38.68 | 38.68 | 6,847 |
| Backtest LeaderSharesTM AlphaFactor | | | LeaderSharesTM AlphaFactor History | | | LeaderSharesTM AlphaFactor Valuation | Previous | Next |
LeaderSharesTM AlphaFactor Trading Date Momentum on March 22, 2024
| On March 25 2024 LeaderSharesTM AlphaFactor Core was traded for 38.68 at the closing time. The top price for the day was 38.83 and the lowest listed price was 38.68 . The trading volume for the day was 6.8 K. The trading history from March 25, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.08% . The trading delta at closing time against the current closing price is 0.96% . |
LeaderSharesTM AlphaFactor Fundamentals Correlations and Trends
By evaluating LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LeaderSharesTM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LeaderSharesTM AlphaFactor Etf history
LeaderSharesTM AlphaFactor 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 LeaderSharesTM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LeaderSharesTM AlphaFactor 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 LeaderSharesTM AlphaFactor stock prices may prove useful in developing a viable investing in LeaderSharesTM AlphaFactor
Under normal circumstances, at least 80 percent of the funds net assets, including any borrowings for investment purposes, will be invested in a diversified portfolio of equity securities of U.S. common stocks included in the index. Leadershares Alphafactor is traded on NYSEARCA Exchange in the United States.
LeaderSharesTM AlphaFactor Etf Technical Analysis
LeaderSharesTM AlphaFactor 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
LeaderSharesTM AlphaFactor Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
LeaderSharesTM AlphaFactor Core 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.
LeaderSharesTM AlphaFactor November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how LeaderSharesTM AlphaFactor etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LeaderSharesTM AlphaFactor shares will generate the highest return on investment. By undertsting and applying LeaderSharesTM AlphaFactor etf market strength indicators, traders can identify LeaderSharesTM AlphaFactor Core entry and exit signals to maximize returns
LeaderSharesTM AlphaFactor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LeaderSharesTM AlphaFactor's price direction in advance. Along with the technical and fundamental analysis of LeaderSharesTM Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of LeaderSharesTM 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 | 0.1455 | |||
| Jensen Alpha | 0.0236 | |||
| Total Risk Alpha | 0.0092 | |||
| Sortino Ratio | 0.0349 | |||
| Treynor Ratio | 0.1501 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeaderSharesTM AlphaFactor Core. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of LeaderSharesTM AlphaFactor is measured differently than its book value, which is the value of LeaderSharesTM that is recorded on the company's balance sheet. Investors also form their own opinion of LeaderSharesTM AlphaFactor's value that differs from its market value or its book value, called intrinsic value, which is LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's market value can be influenced by many factors that don't directly affect LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if LeaderSharesTM AlphaFactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LeaderSharesTM AlphaFactor'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.