Guinness Atkinson Asset Etf Price on October 14, 2024
| MRAD Etf | USD 15.38 0.00 0.00% |
If you're considering investing in Guinness Etf, it is important to understand the factors that can impact its price. As of today, the current price of Guinness Atkinson stands at 15.38, as last reported on the 13th of December 2024, with the highest price reaching 15.38 and the lowest price hitting 15.38 during the day. At this point, Guinness Atkinson is very steady. Guinness Atkinson Asset holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Guinness Atkinson Asset, which you can use to evaluate the volatility of the entity. Please check out Guinness Atkinson's Market Risk Adjusted Performance of (0.16), downside deviation of 1.5, and Risk Adjusted Performance of 0.0313 to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
Guinness Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Guinness |
Sharpe Ratio = 0.1833
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Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Guinness Atkinson is performing at about 14% 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 Guinness Atkinson by adding it to a well-diversified portfolio.
Guinness Atkinson Valuation on October 14, 2024
It is possible to determine the worth of Guinness Atkinson on a given historical date. On October 14, 2024 Guinness was worth 15.33 at the beginning of the trading date compared to the closed value of 15.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guinness Atkinson etf. Still, in general, we apply an absolute valuation method to find Guinness Atkinson'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 Guinness Atkinson where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guinness Atkinson's related companies.
| Open | High | Low | Close | Volume | |
| 15.17 | 15.17 | 15.17 | 15.17 | 100.00 | |
10/14/2024 | 15.33 | 15.33 | 15.17 | 15.17 | 100.00 |
| 15.13 | 15.13 | 15.13 | 15.13 | 10.00 |
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Guinness Atkinson Trading Date Momentum on October 14, 2024
| On October 15 2024 Guinness Atkinson Asset was traded for 15.13 at the closing time. The top price for the day was 15.13 and the lowest listed price was 15.13 . The trading volume for the day was 10.0. The trading history from October 15, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.26% . The overall trading delta against the current closing price is 1.38% . |
Guinness Atkinson Asset Fundamentals Correlations and Trends
By evaluating Guinness Atkinson'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 Guinness Atkinson's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guinness financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guinness Atkinson Etf history
Guinness Atkinson 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 Guinness is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guinness Atkinson Asset 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 Guinness Atkinson stock prices may prove useful in developing a viable investing in Guinness Atkinson
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Guinness Atkinson Etf Technical Analysis
Guinness Atkinson 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
Guinness Atkinson Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Guinness Atkinson Asset 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.
Guinness Atkinson December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Guinness Atkinson etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guinness Atkinson shares will generate the highest return on investment. By undertsting and applying Guinness Atkinson etf market strength indicators, traders can identify Guinness Atkinson Asset entry and exit signals to maximize returns
Guinness Atkinson Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guinness Atkinson's price direction in advance. Along with the technical and fundamental analysis of Guinness Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guinness 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 | 0.0313 | |||
| Jensen Alpha | 0.0581 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.17) |
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Check out Correlation Analysis to better understand how to build diversified portfolios. 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. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Guinness Atkinson Asset is measured differently than its book value, which is the value of Guinness that is recorded on the company's balance sheet. Investors also form their own opinion of Guinness Atkinson's value that differs from its market value or its book value, called intrinsic value, which is Guinness Atkinson'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 Guinness Atkinson's market value can be influenced by many factors that don't directly affect Guinness Atkinson'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 Guinness Atkinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guinness Atkinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guinness Atkinson'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.