Smartetfs Smart Transportation Etf Price on May 17, 2024
| MOTO Etf | USD 43.60 0.52 1.21% |
Below is the normalized historical share price chart for SmartETFs Smart Transportation extending back to November 15, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of SmartETFs Smart stands at 43.60, as last reported on the 3rd of December, with the highest price reaching 43.60 and the lowest price hitting 43.60 during the day.
If you're considering investing in SmartETFs Etf, it is important to understand the factors that can impact its price. As of now, SmartETFs Etf is very steady. SmartETFs Smart Tran owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0782, which indicates the etf had a 0.0782% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for SmartETFs Smart Transportation, which you can use to evaluate the volatility of the etf. Please validate SmartETFs Smart's Semi Deviation of 1.37, risk adjusted performance of 0.0206, and Coefficient Of Variation of 4607.24 to confirm if the risk estimate we provide is consistent with the expected return of 0.0892%.
SmartETFs Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 25.17 | 200 Day MA 43.1496 | 1 y Volatility 15.55 | 50 Day MA 43.1011 | Inception Date 2019-11-15 |
SmartETFs |
Sharpe Ratio = 0.0782
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Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average SmartETFs Smart is performing at about 6% 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 SmartETFs Smart by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 60 K |
SmartETFs Smart Valuation on May 17, 2024
It is possible to determine the worth of SmartETFs Smart on a given historical date. On May 17, 2024 SmartETFs was worth 44.66 at the beginning of the trading date compared to the closed value of 44.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SmartETFs Smart etf. Still, in general, we apply an absolute valuation method to find SmartETFs Smart'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 SmartETFs Smart where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SmartETFs Smart's related companies.
| Open | High | Low | Close | Volume | |
| 44.71 | 44.71 | 44.71 | 44.71 | 300.00 | |
05/17/2024 | 44.66 | 44.66 | 44.58 | 44.58 | 600.00 |
| 44.58 | 44.82 | 44.58 | 44.75 | 332.00 |
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SmartETFs Smart Trading Date Momentum on May 17, 2024
| On May 20 2024 SmartETFs Smart Transportation was traded for 44.75 at the closing time. The top price for the day was 44.82 and the lowest listed price was 44.58 . The trading volume for the day was 332. The trading history from May 20, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.38% . The trading price change against the current closing price is 1.73% . |
SmartETFs Smart Tran Fundamentals Correlations and Trends
By evaluating SmartETFs Smart'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 SmartETFs Smart's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SmartETFs financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SmartETFs Smart Etf history
SmartETFs Smart 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 SmartETFs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SmartETFs Smart Tran 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 SmartETFs Smart stock prices may prove useful in developing a viable investing in SmartETFs Smart
The fund invests in publicly-traded equity securities of domestic or foreign companies that are involved in the development and production of products or services for Smart Transportation, including safer, cleaner or connected vehicles and Smart Transportation companies providing transportation as a service. Smartetfs Smart is traded on NYSEARCA Exchange in the United States.
SmartETFs Smart Etf Technical Analysis
SmartETFs Smart 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
SmartETFs Smart Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
SmartETFs Smart Transportation 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.
SmartETFs Smart December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how SmartETFs Smart etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SmartETFs Smart shares will generate the highest return on investment. By undertsting and applying SmartETFs Smart etf market strength indicators, traders can identify SmartETFs Smart Transportation entry and exit signals to maximize returns
SmartETFs Smart Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SmartETFs Smart's price direction in advance. Along with the technical and fundamental analysis of SmartETFs Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SmartETFs 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 | 0.0206 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0188 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SmartETFs Smart Transportation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of SmartETFs Smart Tran is measured differently than its book value, which is the value of SmartETFs that is recorded on the company's balance sheet. Investors also form their own opinion of SmartETFs Smart's value that differs from its market value or its book value, called intrinsic value, which is SmartETFs Smart'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 SmartETFs Smart's market value can be influenced by many factors that don't directly affect SmartETFs Smart'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 SmartETFs Smart's value and its price as these two are different measures arrived at by different means. Investors typically determine if SmartETFs Smart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SmartETFs Smart'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.