Exchange Traded Concepts Etf Price on September 26, 2024
| NUKZ Etf | 46.62 1.11 2.44% |
If you're considering investing in Exchange Etf, it is important to understand the factors that can impact its price. As of today, the current price of Exchange Traded stands at 46.62, as last reported on the 30th of November, with the highest price reaching 47.00 and the lowest price hitting 45.51 during the day. Exchange Traded appears to be very steady, given 3 months investment horizon. Exchange Traded Concepts secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the etf had a 0.3% return per unit of standard deviation over the last 3 months. By reviewing Exchange Traded's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please utilize Exchange Traded's Mean Deviation of 1.56, semi deviation of 1.28, and Downside Deviation of 1.8 to check if our risk estimates are consistent with your expectations.
Exchange Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Exchange |
Sharpe Ratio = 0.3026
| Best Portfolio | Best Equity | |||
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| Small Returns | NUKZ | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Exchange Traded is performing at about 23% 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 Exchange Traded by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 13.4 K |
Exchange Traded Valuation on September 26, 2024
It is possible to determine the worth of Exchange Traded on a given historical date. On September 26, 2024 Exchange was worth 37.39 at the beginning of the trading date compared to the closed value of 37.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Exchange Traded etf. Still, in general, we apply an absolute valuation method to find Exchange Traded'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 Exchange Traded where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Exchange Traded's related companies.
| Open | High | Low | Close | Volume | |
| 36.61 | 37.04 | 36.34 | 36.92 | 19,500 | |
09/26/2024 | 37.39 | 37.74 | 37.00 | 37.01 | 38,700 |
| 36.98 | 37.49 | 36.98 | 37.21 | 16,100 |
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Exchange Traded Trading Date Momentum on September 26, 2024
| On September 27 2024 Exchange Traded Concepts was traded for 37.21 at the closing time. The top price for the day was 37.49 and the lowest listed price was 36.98 . The trading volume for the day was 16.1 K. The trading history from September 27, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.54% . The overall trading delta against the current closing price is 8.08% . |
About Exchange Traded Etf history
Exchange Traded 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 Exchange is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Exchange Traded Concepts 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 Exchange Traded stock prices may prove useful in developing a viable investing in Exchange Traded
Exchange Traded Etf Technical Analysis
Exchange Traded 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
Exchange Traded Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Exchange Traded Concepts cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
Exchange Traded November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Exchange Traded etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Exchange Traded shares will generate the highest return on investment. By undertsting and applying Exchange Traded etf market strength indicators, traders can identify Exchange Traded Concepts entry and exit signals to maximize returns
Exchange Traded Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Exchange Traded's price direction in advance. Along with the technical and fundamental analysis of Exchange Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Exchange 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 | 0.2067 | |||
| Jensen Alpha | 0.369 | |||
| Total Risk Alpha | 0.1959 | |||
| Sortino Ratio | 0.2394 | |||
| Treynor Ratio | 0.3771 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Exchange Traded Concepts. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of Exchange Traded Concepts is measured differently than its book value, which is the value of Exchange that is recorded on the company's balance sheet. Investors also form their own opinion of Exchange Traded's value that differs from its market value or its book value, called intrinsic value, which is Exchange Traded'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 Exchange Traded's market value can be influenced by many factors that don't directly affect Exchange Traded'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 Exchange Traded's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Traded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Traded'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.