NIFTYETF (India) Price on November 28, 2024
| NIFTYETF | 257.68 2.33 0.91% |
Below is the normalized historical share price chart for NIFTYETF extending back to November 28, 2018. 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 NIFTYETF stands at 257.68, as last reported on the 1st of December, with the highest price reaching 258.40 and the lowest price hitting 255.46 during the day.
If you're considering investing in NIFTYETF Etf, it is important to understand the factors that can impact its price. NIFTYETF has Sharpe Ratio of -0.0843, which conveys that the entity had a -0.0843% return per unit of risk over the last 3 months. NIFTYETF exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NIFTYETF's mean deviation of 0.5869, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide.
NIFTYETF Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
NIFTYETF |
Sharpe Ratio = -0.0843
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NIFTYETF |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NIFTYETF is not performing at its full potential. However, 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 NIFTYETF by adding NIFTYETF to a well-diversified portfolio.
NIFTYETF Valuation on November 28, 2024
It is possible to determine the worth of NIFTYETF on a given historical date. On November 28, 2024 NIFTYETF was worth 261.79 at the beginning of the trading date compared to the closed value of 255.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NIFTYETF etf. Still, in general, we apply an absolute valuation method to find NIFTYETF'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 NIFTYETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NIFTYETF's related companies.
| Open | High | Low | Close | Volume | |
| 257.24 | 259.90 | 255.66 | 259.22 | 93,320 | |
11/28/2024 | 261.79 | 261.79 | 254.91 | 255.35 | 263,238 |
| 255.98 | 258.40 | 255.46 | 257.68 | 89,263 |
| Backtest NIFTYETF | | | NIFTYETF History | Previous | Next |
NIFTYETF Trading Date Momentum on November 28, 2024
| On November 29 2024 NIFTYETF was traded for 257.68 at the closing time. The highest price during the trading period was 258.40 and the lowest recorded bid was listed for 255.46 . The volume for the day was 89.3 K. This history from November 29, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.91% . The trading delta at closing time to the current price is 0.25% . |
Price Boundaries
NIFTYETF Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
NIFTYETF cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
NIFTYETF December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how NIFTYETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NIFTYETF shares will generate the highest return on investment. By undertsting and applying NIFTYETF etf market strength indicators, traders can identify NIFTYETF entry and exit signals to maximize returns
NIFTYETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NIFTYETF's price direction in advance. Along with the technical and fundamental analysis of NIFTYETF Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of NIFTYETF 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.