Mkam Etf Price on October 22, 2024
| MKAM Etf | 29.80 0.11 0.37% |
If you're considering investing in MKAM Etf, it is important to understand the factors that can impact its price. As of today, the current price of MKAM ETF stands at 29.80, as last reported on the 1st of December, with the highest price reaching 29.80 and the lowest price hitting 29.80 during the day. As of now, MKAM Etf is very steady. MKAM ETF retains Efficiency (Sharpe Ratio) of 0.23, which conveys that the entity had a 0.23% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for MKAM ETF, which you can use to evaluate the volatility of the etf. Please verify MKAM ETF's Downside Deviation of 0.4933, mean deviation of 0.3054, and Market Risk Adjusted Performance of 0.1335 to check out if the risk estimate we provide is consistent with the expected return of 0.0858%.
MKAM Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
MKAM |
Sharpe Ratio = 0.2295
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | MKAM | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average MKAM ETF is performing at about 18% 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 MKAM ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 325.2 K |
MKAM ETF Valuation on October 22, 2024
It is possible to determine the worth of MKAM ETF on a given historical date. On October 22, 2024 MKAM was worth 29.27 at the beginning of the trading date compared to the closed value of 29.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MKAM ETF etf. Still, in general, we apply an absolute valuation method to find MKAM ETF'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 MKAM ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MKAM ETF's related companies.
| Open | High | Low | Close | Volume | |
| 29.27 | 29.27 | 29.27 | 29.27 | 2.00 | |
10/22/2024 | 29.27 | 29.27 | 29.27 | 29.27 | 3.00 |
| 29.13 | 29.13 | 29.13 | 29.13 | 30.00 |
| Backtest MKAM ETF | | | MKAM ETF History | | | MKAM ETF Valuation | Previous | Next |
MKAM ETF Trading Date Momentum on October 22, 2024
| On October 23 2024 MKAM ETF was traded for 29.13 at the closing time. The top price for the day was 29.13 and the lowest listed price was 29.13 . The trading volume for the day was 30.0. The trading history from October 23, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.48% . The trading delta at closing time against the current closing price is 0.82% . |
About MKAM ETF Etf history
MKAM ETF 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 MKAM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MKAM ETF 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 MKAM ETF stock prices may prove useful in developing a viable investing in MKAM ETF
MKAM ETF Etf Technical Analysis
MKAM ETF 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
MKAM ETF Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
MKAM ETF cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
MKAM ETF December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how MKAM ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MKAM ETF shares will generate the highest return on investment. By undertsting and applying MKAM ETF etf market strength indicators, traders can identify MKAM ETF entry and exit signals to maximize returns
MKAM ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MKAM ETF's price direction in advance. Along with the technical and fundamental analysis of MKAM Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of MKAM 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 | 0.1124 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.1235 |
| 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 MKAM ETF. 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. To learn how to invest in MKAM Etf, please use our How to Invest in MKAM ETF guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of MKAM ETF is measured differently than its book value, which is the value of MKAM that is recorded on the company's balance sheet. Investors also form their own opinion of MKAM ETF's value that differs from its market value or its book value, called intrinsic value, which is MKAM ETF'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 MKAM ETF's market value can be influenced by many factors that don't directly affect MKAM ETF'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 MKAM ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if MKAM ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MKAM ETF'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.