Point Bridge Gop Etf Price on November 14, 2024
| MAGA Etf | USD 50.36 0.01 0.02% |
Below is the normalized historical share price chart for Point Bridge GOP extending back to September 07, 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 Point Bridge stands at 50.36, as last reported on the 11th of December 2024, with the highest price reaching 50.37 and the lowest price hitting 50.36 during the day.
If you're considering investing in Point Etf, it is important to understand the factors that can impact its price. At this point, Point Bridge is very steady. Point Bridge GOP maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the entity had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Point Bridge GOP, which you can use to evaluate the volatility of the etf. Please check Point Bridge's Coefficient Of Variation of 676.09, semi deviation of 0.3639, and Risk Adjusted Performance of 0.1074 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Point Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 18.6 | 200 Day MA 46.6778 | 1 y Volatility 13.03 | 50 Day MA 50.2469 | Inception Date 2017-09-06 |
Point |
Sharpe Ratio = 0.1444
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Point Bridge is performing at about 11% 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 Point Bridge by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 45 K |
Point Bridge Valuation on November 14, 2024
It is possible to determine the worth of Point Bridge on a given historical date. On November 14, 2024 Point was worth 51.24 at the beginning of the trading date compared to the closed value of 50.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Point Bridge etf. Still, in general, we apply an absolute valuation method to find Point Bridge'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 Point Bridge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Point Bridge's related companies.
| Open | High | Low | Close | Volume | |
| 51.21 | 51.30 | 51.00 | 51.14 | 7,106 | |
11/14/2024 | 51.24 | 51.24 | 50.76 | 50.76 | 1,772 |
| 50.81 | 50.82 | 50.64 | 50.69 | 2,577 |
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Point Bridge Trading Date Momentum on November 14, 2024
| On November 15 2024 Point Bridge GOP was traded for 50.69 at the closing time. The top price for the day was 50.82 and the lowest listed price was 50.64 . The trading volume for the day was 2.6 K. The trading history from November 15, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.14% . The trading delta at closing time against the current closing price is 3.27% . |
Point Bridge GOP Fundamentals Correlations and Trends
By evaluating Point Bridge'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 Point Bridge's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Point financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Point Bridge Etf history
Point Bridge 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 Point is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Point Bridge GOP 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 Point Bridge stock prices may prove useful in developing a viable investing in Point Bridge
Point Bridge Etf Technical Analysis
Point Bridge 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
Point Bridge Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Point Bridge GOP cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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.
Point Bridge December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Point Bridge etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Point Bridge shares will generate the highest return on investment. By undertsting and applying Point Bridge etf market strength indicators, traders can identify Point Bridge GOP entry and exit signals to maximize returns
Point Bridge Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Point Bridge's price direction in advance. Along with the technical and fundamental analysis of Point Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Point 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 | 0.1074 | |||
| Jensen Alpha | 0.0019 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1166 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Point Bridge GOP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Point Bridge GOP is measured differently than its book value, which is the value of Point that is recorded on the company's balance sheet. Investors also form their own opinion of Point Bridge's value that differs from its market value or its book value, called intrinsic value, which is Point Bridge'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 Point Bridge's market value can be influenced by many factors that don't directly affect Point Bridge'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 Point Bridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Point Bridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Point Bridge'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.