Ninepoint Energy Income Etf Price on February 15, 2024
| NRGI Etf | 18.48 0.20 1.07% |
If you're considering investing in Ninepoint Etf, it is important to understand the factors that can impact its price. As of today, the current price of Ninepoint Energy stands at 18.48, as last reported on the 11th of December 2024, with the highest price reaching 18.68 and the lowest price hitting 18.48 during the day. At this point, Ninepoint Energy is very steady. Ninepoint Energy Income has Sharpe Ratio of 0.0223, which conveys that the entity had a 0.0223% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ninepoint Energy, which you can use to evaluate the volatility of the etf. Please verify Ninepoint Energy's Downside Deviation of 1.72, mean deviation of 1.07, and Risk Adjusted Performance of 0.0094 to check out if the risk estimate we provide is consistent with the expected return of 0.0315%.
Ninepoint Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Ninepoint |
Sharpe Ratio = 0.0223
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Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Ninepoint Energy is performing at about 1% 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 Ninepoint Energy by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Ninepoint Energy Valuation on February 15, 2024
It is possible to determine the worth of Ninepoint Energy on a given historical date. On February 15, 2024 Ninepoint was worth 19.41 at the beginning of the trading date compared to the closed value of 19.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ninepoint Energy etf. Still, in general, we apply an absolute valuation method to find Ninepoint Energy'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 Ninepoint Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ninepoint Energy's related companies.
| Open | High | Low | Close | Volume | |
| 18.96 | 19.13 | 18.87 | 18.98 | 8,868 | |
02/15/2024 | 19.41 | 19.57 | 19.38 | 19.44 | 25,018 |
| 19.46 | 19.64 | 19.46 | 19.64 | 7,101 |
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Ninepoint Energy Trading Date Momentum on February 15, 2024
| On February 16 2024 Ninepoint Energy Income was traded for 19.64 at the closing time. The highest price during the trading period was 19.64 and the lowest recorded bid was listed for 19.46 . The volume for the day was 7.1 K. This history from February 16, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 1.03% . The trading delta at closing time to the current price is 2.67% . |
About Ninepoint Energy Etf history
Ninepoint Energy 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 Ninepoint is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ninepoint Energy Income 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 Ninepoint Energy stock prices may prove useful in developing a viable investing in Ninepoint Energy
Ninepoint Energy Etf Technical Analysis
Ninepoint Energy 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
Ninepoint Energy Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Ninepoint Energy Income cannot be verified against its exchange. Please verify the symbol is currently traded on NEO 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.
Ninepoint Energy December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ninepoint Energy etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ninepoint Energy shares will generate the highest return on investment. By undertsting and applying Ninepoint Energy etf market strength indicators, traders can identify Ninepoint Energy Income entry and exit signals to maximize returns
Ninepoint Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ninepoint Energy's price direction in advance. Along with the technical and fundamental analysis of Ninepoint Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ninepoint 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 | 0.0094 | |||
| Jensen Alpha | 0.0144 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0089 |
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Other Information on Investing in Ninepoint Etf
Ninepoint Energy financial ratios help investors to determine whether Ninepoint Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ninepoint with respect to the benefits of owning Ninepoint Energy security.