Mairs Power Minnesota Etf Price on October 29, 2024
MINN Etf | USD 22.03 0.10 0.45% |
If you're considering investing in Mairs Etf, it is important to understand the factors that can impact its price. As of today, the current price of Mairs Power stands at 22.03, as last reported on the 24th of January, with the highest price reaching 22.03 and the lowest price hitting 21.91 during the day. As of now, Mairs Etf is very steady. Mairs Power Minnesota has Sharpe Ratio of 0.0157, which conveys that the entity had a 0.0157 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mairs Power, which you can use to evaluate the volatility of the etf. Please verify Mairs Power's Mean Deviation of 0.2308, insignificant risk adjusted performance, and Downside Deviation of 0.3588 to check out if the risk estimate we provide is consistent with the expected return of 0.0051%.
Mairs Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Mairs |
Sharpe Ratio = 0.0157
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Estimated Market Risk
0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Mairs Power is performing at about 1% 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 Mairs Power by adding it to a well-diversified portfolio.
Mairs Power Valuation on October 29, 2024
It is possible to determine the worth of Mairs Power on a given historical date. On October 29, 2024 Mairs was worth 21.98 at the beginning of the trading date compared to the closed value of 21.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mairs Power etf. Still, in general, we apply an absolute valuation method to find Mairs Power'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 Mairs Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mairs Power's related companies.
Open | High | Low | Close | Volume | |
22.00 | 22.03 | 21.97 | 21.97 | 5,900 | |
10/29/2024 | 21.98 | 21.98 | 21.92 | 21.92 | 4,200 |
21.93 | 21.93 | 21.93 | 21.93 | 200.00 |
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Mairs Power Trading Date Momentum on October 29, 2024
On October 30 2024 Mairs Power Minnesota was traded for 21.93 at the closing time. The top price for the day was 21.93 and the lowest listed price was 21.93 . The trading volume for the day was 200. The trading history from October 30, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.05% . The trading delta at closing time against the current closing price is 0.55% . |
Mairs Power Minnesota Fundamentals Correlations and Trends
By evaluating Mairs Power'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 Mairs Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mairs financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mairs Power Etf history
Mairs Power 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 Mairs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mairs Power Minnesota 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 Mairs Power stock prices may prove useful in developing a viable investing in Mairs Power
Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets in municipal debt securities that pay interest that is exempt from regular federal income tax and Minnesota state income tax . Trust For is traded on BATS Exchange in the United States.
Mairs Power Etf Technical Analysis
Mairs Power 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
Mairs Power Period Price Range
Low | January 24, 2025
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0.00 | 0.00 |
Mairs Power Minnesota 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.
Mairs Power January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Mairs Power etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mairs Power shares will generate the highest return on investment. By undertsting and applying Mairs Power etf market strength indicators, traders can identify Mairs Power Minnesota entry and exit signals to maximize returns
Mairs Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mairs Power's price direction in advance. Along with the technical and fundamental analysis of Mairs Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mairs 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.
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Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.12) | |||
Treynor Ratio | (0.14) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mairs Power Minnesota. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Mairs Power Minnesota is measured differently than its book value, which is the value of Mairs that is recorded on the company's balance sheet. Investors also form their own opinion of Mairs Power's value that differs from its market value or its book value, called intrinsic value, which is Mairs Power'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 Mairs Power's market value can be influenced by many factors that don't directly affect Mairs Power'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 Mairs Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mairs Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mairs Power'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.