ETC Group (UK) Price on May 31, 2024
| METP Etf | 1,012 10.10 1.01% |
If you're considering investing in ETC Etf, it is important to understand the factors that can impact its price. As of today, the current price of ETC Group stands at 1,012, as last reported on the 11th of December 2024, with the highest price reaching 1,017 and the lowest price hitting 994.50 during the day. ETC Group appears to be very steady, given 3 months investment horizon. ETC Group Global retains Efficiency (Sharpe Ratio) of 0.14, which denotes the etf had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for ETC Group, which you can use to evaluate the volatility of the entity. Please utilize ETC Group's Downside Deviation of 2.67, coefficient of variation of 745.82, and Market Risk Adjusted Performance of 0.2573 to check if our risk estimates are consistent with your expectations.
ETC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ETC |
Sharpe Ratio = 0.1362
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average ETC Group is performing at about 10% 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 ETC Group by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 129.9 K |
ETC Group Valuation on May 31, 2024
It is possible to determine the worth of ETC Group on a given historical date. On May 31, 2024 ETC was worth 800.6 at the beginning of the trading date compared to the closed value of 803.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ETC Group etf. Still, in general, we apply an absolute valuation method to find ETC Group'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 ETC Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ETC Group's related companies.
| Open | High | Low | Close | Volume | |
| 808.40 | 817.20 | 808.40 | 810.90 | 1,567 | |
05/31/2024 | 800.60 | 819.30 | 800.60 | 803.05 | 1,407 |
| 823.60 | 823.60 | 812.62 | 813.20 | 521.00 |
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ETC Group Trading Date Momentum on May 31, 2024
| On June 03 2024 ETC Group Global was traded for 813.20 at the closing time. The highest price during the trading period was 823.60 and the lowest recorded bid was listed for 812.62 . The volume for the day was 521. This history from June 3, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.26% . The overall trading delta to the current price is 3.94% . |
About ETC Group Etf history
ETC Group 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 ETC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ETC Group Global 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 ETC Group stock prices may prove useful in developing a viable investing in ETC Group
ETC Group Etf Technical Analysis
ETC Group 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
ETC Group Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
ETC Group Global cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.
ETC Group December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how ETC Group etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ETC Group shares will generate the highest return on investment. By undertsting and applying ETC Group etf market strength indicators, traders can identify ETC Group Global entry and exit signals to maximize returns
ETC Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ETC Group's price direction in advance. Along with the technical and fundamental analysis of ETC Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ETC 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 | 0.1031 | |||
| Jensen Alpha | 0.1351 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0513 | |||
| Treynor Ratio | 0.2473 |
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Other Information on Investing in ETC Etf
ETC Group financial ratios help investors to determine whether ETC 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 ETC with respect to the benefits of owning ETC Group security.