Mfut Etf Price on November 22, 2024
| MFUT Etf | 16.89 0.01 0.06% |
If you're considering investing in MFUT Etf, it is important to understand the factors that can impact its price. As of today, the current price of MFUT stands at 16.89, as last reported on the 11th of December 2024, with the highest price reaching 16.92 and the lowest price hitting 16.77 during the day. MFUT has Sharpe Ratio of -0.1, which conveys that the entity had a -0.1% return per unit of standard deviation over the last 3 months. MFUT exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MFUT's Mean Deviation of 0.4907, risk adjusted performance of (0.08), and Market Risk Adjusted Performance of (0.28) to check out the risk estimate we provide.
MFUT Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
MFUT |
Sharpe Ratio = -0.1018
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MFUT |
Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MFUT is not performing at its full potential. However, 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 MFUT by adding MFUT to a well-diversified portfolio.
Average Mkt Cap Mil 116.3 K |
Related Headline
Freedom Day Headline on 22nd of November 2024
MOBOX Hits 24 Hour Trading Volume of 14.82 Million by thelincolnianonline.com
MOBOX traded 3 percent higher against the dollar during the 24-hour period ending at 700 AM Eastern on November 22nd. MOBOX has a market cap of 76.04 million and approximately 14.82 million worth of MOBOX was traded on exchanges in the last day. In the last seven days, MOBOX has traded up 16.7 percent against the
MFUT Valuation on November 22, 2024
It is possible to determine the worth of MFUT on a given historical date. On November 22, 2024 MFUT was worth 16.7 at the beginning of the trading date compared to the closed value of 16.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MFUT etf. Still, in general, we apply an absolute valuation method to find MFUT'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 MFUT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MFUT's related companies.
| Open | High | Low | Close | Volume | |
| 16.65 | 16.68 | 16.65 | 16.68 | 1,100 | |
11/22/2024 | 16.70 | 16.72 | 16.66 | 16.71 | 10,300 |
| 16.73 | 16.73 | 16.66 | 16.70 | 3,000 |
| Backtest MFUT | | | MFUT History | | | MFUT Valuation | Previous | Next |
MFUT Trading Date Momentum on November 22, 2024
| On November 25 2024 MFUT was traded for 16.70 at the closing time. The top price for the day was 16.73 and the lowest listed price was 16.66 . The trading volume for the day was 3 K. The trading history from November 25, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.06% . The trading delta at closing time against the current closing price is 1.56% . |
About MFUT Etf history
MFUT 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 MFUT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MFUT 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 MFUT stock prices may prove useful in developing a viable investing in MFUT
MFUT Etf Technical Analysis
MFUT 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
MFUT Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
MFUT 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.
MFUT December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how MFUT etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MFUT shares will generate the highest return on investment. By undertsting and applying MFUT etf market strength indicators, traders can identify MFUT entry and exit signals to maximize returns
MFUT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MFUT's price direction in advance. Along with the technical and fundamental analysis of MFUT Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of MFUT 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 | (0.08) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.29) |
| 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 MFUT. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of MFUT is measured differently than its book value, which is the value of MFUT that is recorded on the company's balance sheet. Investors also form their own opinion of MFUT's value that differs from its market value or its book value, called intrinsic value, which is MFUT'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 MFUT's market value can be influenced by many factors that don't directly affect MFUT'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 MFUT's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFUT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFUT'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.