Anydrus Advantage Etf Price on November 29, 2024
NDOW Etf | 25.27 0.11 0.43% |
If you're considering investing in Anydrus Etf, it is important to understand the factors that can impact its price. As of today, the current price of Anydrus Advantage stands at 25.27, as last reported on the 11th of December 2024, with the highest price reaching 25.31 and the lowest price hitting 25.27 during the day. At this stage we consider Anydrus Etf to be very steady. Anydrus Advantage ETF secures Sharpe Ratio (or Efficiency) of 0.0339, which signifies that the etf had a 0.0339% return per unit of risk over the last 3 months. We have found thirty technical indicators for Anydrus Advantage ETF, which you can use to evaluate the volatility of the entity. Please confirm Anydrus Advantage's Downside Deviation of 0.3316, mean deviation of 0.2587, and Risk Adjusted Performance of 0.0411 to double-check if the risk estimate we provide is consistent with the expected return of 0.0111%.
Anydrus Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Anydrus |
Sharpe Ratio = 0.0339
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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
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Anydrus Advantage 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 Anydrus Advantage by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 74.9 K |
Anydrus Advantage Valuation on November 29, 2024
It is possible to determine the worth of Anydrus Advantage on a given historical date. On November 29, 2024 Anydrus was worth 25.36 at the beginning of the trading date compared to the closed value of 25.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Anydrus Advantage etf. Still, in general, we apply an absolute valuation method to find Anydrus Advantage'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 Anydrus Advantage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Anydrus Advantage's related companies.
Open | High | Low | Close | Volume | |
25.27 | 25.27 | 25.24 | 25.24 | 697.00 | |
11/29/2024 | 25.36 | 25.36 | 25.36 | 25.36 | 1.00 |
25.31 | 25.36 | 25.31 | 25.36 | 5,043 |
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Anydrus Advantage Trading Date Momentum on November 29, 2024
On December 02 2024 Anydrus Advantage ETF was traded for 25.36 at the closing time. The top price for the day was 25.36 and the lowest listed price was 25.31 . The trading volume for the day was 5 K. The trading history from December 2, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.39% . |
About Anydrus Advantage Etf history
Anydrus Advantage 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 Anydrus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Anydrus Advantage 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 Anydrus Advantage stock prices may prove useful in developing a viable investing in Anydrus Advantage
Anydrus Advantage Etf Technical Analysis
Anydrus Advantage 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
Anydrus Advantage Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Anydrus Advantage ETF 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.
Anydrus Advantage December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Anydrus Advantage etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Anydrus Advantage shares will generate the highest return on investment. By undertsting and applying Anydrus Advantage etf market strength indicators, traders can identify Anydrus Advantage ETF entry and exit signals to maximize returns
Anydrus Advantage Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Anydrus Advantage's price direction in advance. Along with the technical and fundamental analysis of Anydrus Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Anydrus 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 | 0.0411 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.30) | |||
Treynor Ratio | 0.0477 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Anydrus Advantage 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 persons. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Anydrus Advantage ETF is measured differently than its book value, which is the value of Anydrus that is recorded on the company's balance sheet. Investors also form their own opinion of Anydrus Advantage's value that differs from its market value or its book value, called intrinsic value, which is Anydrus Advantage'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 Anydrus Advantage's market value can be influenced by many factors that don't directly affect Anydrus Advantage'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 Anydrus Advantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Anydrus Advantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anydrus Advantage'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.