Nushares Etf Trust Etf Price on November 19, 2024
| NUDM Etf | USD 31.37 0.04 0.13% |
Below is the normalized historical share price chart for NuShares ETF Trust extending back to June 07, 2017. 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 NuShares ETF stands at 31.37, as last reported on the 24th of November, with the highest price reaching 31.46 and the lowest price hitting 31.22 during the day.
If you're considering investing in NuShares Etf, it is important to understand the factors that can impact its price. NuShares ETF Trust has Sharpe Ratio of -0.0917, which conveys that the entity had a -0.0917% return per unit of standard deviation over the last 3 months. NuShares ETF exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NuShares ETF's Market Risk Adjusted Performance of (0.13), mean deviation of 0.7129, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide.
NuShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 17.64 | 200 Day MA 31.562 | 1 y Volatility 14.03 | 50 Day MA 32.6023 | Inception Date 2017-06-06 |
NuShares |
Sharpe Ratio = -0.0917
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Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NuShares ETF 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 NuShares ETF by adding NuShares ETF to a well-diversified portfolio.
Average Mkt Cap Mil 46.4 K |
NuShares ETF Valuation on November 19, 2024
It is possible to determine the worth of NuShares ETF on a given historical date. On November 19, 2024 NuShares was worth 31.2 at the beginning of the trading date compared to the closed value of 31.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NuShares ETF etf. Still, in general, we apply an absolute valuation method to find NuShares ETF'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 NuShares ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NuShares ETF's related companies.
| Open | High | Low | Close | Volume | |
| 31.23 | 31.50 | 31.19 | 31.42 | 64,280 | |
11/19/2024 | 31.20 | 31.51 | 31.10 | 31.46 | 68,154 |
| 31.22 | 31.24 | 31.02 | 31.20 | 83,352 |
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NuShares ETF Trading Date Momentum on November 19, 2024
| On November 20 2024 NuShares ETF Trust was traded for 31.20 at the closing time. The top price for the day was 31.24 and the lowest listed price was 31.02 . The trading volume for the day was 83.4 K. The trading history from November 20, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.83% . The trading delta at closing time against the current closing price is 0.76% . |
NuShares ETF Trust Fundamentals Correlations and Trends
By evaluating NuShares ETF'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 NuShares ETF's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NuShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NuShares ETF Etf history
NuShares ETF 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 NuShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NuShares ETF Trust 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 NuShares ETF stock prices may prove useful in developing a viable investing in NuShares ETF
In seeking to track the investment results of the index, the advisor attempts to replicate the index by investing all, or substantially all, of its assets in the securities represented in the index in approximately the same proportions as the index. Nushares ESG is traded on BATS Exchange in the United States.
NuShares ETF Etf Technical Analysis
NuShares ETF 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
NuShares ETF Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
NuShares ETF Trust 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.
NuShares ETF November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how NuShares ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NuShares ETF shares will generate the highest return on investment. By undertsting and applying NuShares ETF etf market strength indicators, traders can identify NuShares ETF Trust entry and exit signals to maximize returns
NuShares ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NuShares ETF's price direction in advance. Along with the technical and fundamental analysis of NuShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of NuShares 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 | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.14) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NuShares ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of NuShares ETF Trust is measured differently than its book value, which is the value of NuShares that is recorded on the company's balance sheet. Investors also form their own opinion of NuShares ETF's value that differs from its market value or its book value, called intrinsic value, which is NuShares ETF'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 NuShares ETF's market value can be influenced by many factors that don't directly affect NuShares ETF'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 NuShares ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if NuShares ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NuShares ETF'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.