Clearshares Ultra Short Maturity Etf Price on February 29, 2024
| OPER Etf | USD 100.14 0.04 0.04% |
Below is the normalized historical share price chart for ClearShares Ultra Short Maturity extending back to July 11, 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 ClearShares Ultra stands at 100.14, as last reported on the 1st of December, with the highest price reaching 100.15 and the lowest price hitting 100.12 during the day.
If you're considering investing in ClearShares Etf, it is important to understand the factors that can impact its price. Currently, ClearShares Ultra Short Maturity is very steady. ClearShares Ultra Short secures Sharpe Ratio (or Efficiency) of 1.12, which signifies that the etf had a 1.12% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for ClearShares Ultra Short Maturity, which you can use to evaluate the volatility of the entity. Please confirm ClearShares Ultra's risk adjusted performance of 0.4314, and Mean Deviation of 0.0136 to double-check if the risk estimate we provide is consistent with the expected return of 0.0187%.
ClearShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 0.55 | 200 Day MA 100.3249 | 1 y Volatility 0.08 | 50 Day MA 100.3169 | Inception Date 2018-07-10 |
ClearShares |
Sharpe Ratio = 1.1201
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Based on monthly moving average ClearShares Ultra is performing at about 88% 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 ClearShares Ultra by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
ClearShares Ultra Valuation on February 29, 2024
It is possible to determine the worth of ClearShares Ultra on a given historical date. On February 29, 2024 ClearShares was worth 96.34 at the beginning of the trading date compared to the closed value of 96.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ClearShares Ultra etf. Still, in general, we apply an absolute valuation method to find ClearShares Ultra'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 ClearShares Ultra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ClearShares Ultra's related companies.
| Open | High | Low | Close | Volume | |
| 96.24 | 96.27 | 96.24 | 96.27 | 1,900 | |
02/29/2024 | 96.34 | 96.34 | 96.28 | 96.31 | 95,200 |
| 96.34 | 96.41 | 96.33 | 96.35 | 93,300 |
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ClearShares Ultra Trading Date Momentum on February 29, 2024
| On March 01 2024 ClearShares Ultra Short Maturity was traded for 96.35 at the closing time. The top price for the day was 96.41 and the lowest listed price was 96.33 . The trading volume for the day was 93.3 K. The trading history from March 1, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 0.04% . The overall trading delta against the current closing price is 0.13% . |
ClearShares Ultra Short Fundamentals Correlations and Trends
By evaluating ClearShares Ultra'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 ClearShares Ultra's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ClearShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ClearShares Ultra Etf history
ClearShares Ultra 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 ClearShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ClearShares Ultra Short 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 ClearShares Ultra stock prices may prove useful in developing a viable investing in ClearShares Ultra
The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective primarily by investing in repurchase agreements collateralized by U.S. government securities. Clearshares Ultra-Short is traded on NYSEARCA Exchange in the United States.
ClearShares Ultra Etf Technical Analysis
ClearShares Ultra 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
ClearShares Ultra Period Price Range
Low | December 1, 2024
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0.00 | 0.00 |
ClearShares Ultra Short Maturity 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.
ClearShares Ultra December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how ClearShares Ultra etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ClearShares Ultra shares will generate the highest return on investment. By undertsting and applying ClearShares Ultra etf market strength indicators, traders can identify ClearShares Ultra Short Maturity entry and exit signals to maximize returns
ClearShares Ultra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ClearShares Ultra's price direction in advance. Along with the technical and fundamental analysis of ClearShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ClearShares 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 | 0.4314 | |||
| Jensen Alpha | 0.0099 | |||
| Total Risk Alpha | 0.0067 | |||
| Treynor Ratio | (4.39) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ClearShares Ultra Short Maturity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of ClearShares Ultra Short is measured differently than its book value, which is the value of ClearShares that is recorded on the company's balance sheet. Investors also form their own opinion of ClearShares Ultra's value that differs from its market value or its book value, called intrinsic value, which is ClearShares Ultra'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 ClearShares Ultra's market value can be influenced by many factors that don't directly affect ClearShares Ultra'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 ClearShares Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearShares Ultra'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.