Alps Intermediate Municipal Etf Price on May 27, 2024
| MNBD Etf | USD 25.96 0.04 0.15% |
If you're considering investing in ALPS Etf, it is important to understand the factors that can impact its price. As of today, the current price of ALPS Intermediate stands at 25.96, as last reported on the 30th of November, with the highest price reaching 25.96 and the lowest price hitting 25.96 during the day. At this point, ALPS Intermediate is very steady. ALPS Intermediate secures Sharpe Ratio (or Efficiency) of 0.0349, which signifies that the etf had a 0.0349% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ALPS Intermediate Municipal, which you can use to evaluate the volatility of the entity. Please confirm ALPS Intermediate's risk adjusted performance of 0.0127, and Mean Deviation of 0.154 to double-check if the risk estimate we provide is consistent with the expected return of 0.0082%.
ALPS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ALPS |
Sharpe Ratio = 0.0349
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Estimated Market Risk
| 0.24 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
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average ALPS Intermediate is performing at about 2% 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 ALPS Intermediate by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
ALPS Intermediate Valuation on May 27, 2024
It is possible to determine the worth of ALPS Intermediate on a given historical date. On May 27, 2024 ALPS was worth 25.02 at the beginning of the trading date compared to the closed value of 25.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALPS Intermediate etf. Still, in general, we apply an absolute valuation method to find ALPS Intermediate'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 ALPS Intermediate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ALPS Intermediate's related companies.
| Open | High | Low | Close | Volume | |
| 25.03 | 25.03 | 25.03 | 25.03 | 3.00 | |
05/24/2024 | 25.02 | 25.02 | 25.02 | 25.02 | 1.00 |
| 25.05 | 25.07 | 25.02 | 25.02 | 3,552 |
| Backtest ALPS Intermediate | | | ALPS Intermediate History | | | ALPS Intermediate Valuation | Previous | Next |
ALPS Intermediate Trading Date Momentum on May 27, 2024
| On May 28 2024 ALPS Intermediate Municipal was traded for 25.02 at the closing time. The top price for the day was 25.07 and the lowest listed price was 25.02 . The trading volume for the day was 3.6 K. The trading history from May 28, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.08% . |
About ALPS Intermediate Etf history
ALPS Intermediate 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 ALPS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ALPS Intermediate 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 ALPS Intermediate stock prices may prove useful in developing a viable investing in ALPS Intermediate
Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in municipal bonds that pay interest that is generally excludable from gross income for federal income tax purposes . Alps Intermediate is traded on NYSEARCA Exchange in the United States.
ALPS Intermediate Etf Technical Analysis
ALPS Intermediate 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
ALPS Intermediate Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
ALPS Intermediate Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
ALPS Intermediate November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how ALPS Intermediate etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALPS Intermediate shares will generate the highest return on investment. By undertsting and applying ALPS Intermediate etf market strength indicators, traders can identify ALPS Intermediate Municipal entry and exit signals to maximize returns
ALPS Intermediate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ALPS Intermediate's price direction in advance. Along with the technical and fundamental analysis of ALPS Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ALPS 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 | 0.0127 | |||
| Jensen Alpha | 0.0143 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.43) | |||
| Treynor Ratio | (0.01) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ALPS Intermediate Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of ALPS Intermediate is measured differently than its book value, which is the value of ALPS that is recorded on the company's balance sheet. Investors also form their own opinion of ALPS Intermediate's value that differs from its market value or its book value, called intrinsic value, which is ALPS Intermediate'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 ALPS Intermediate's market value can be influenced by many factors that don't directly affect ALPS Intermediate'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 ALPS Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if ALPS Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALPS Intermediate'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.