Etfis Series Trust Etf Price on December 4, 2024
PFFR Etf | USD 19.25 0.06 0.31% |
Below is the normalized historical share price chart for ETFis Series Trust extending back to February 08, 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 ETFis Series stands at 19.25, as last reported on the 12th of December 2024, with the highest price reaching 19.28 and the lowest price hitting 19.15 during the day.
If you're considering investing in ETFis Etf, it is important to understand the factors that can impact its price. Currently, ETFis Series Trust is very steady. ETFis Series Trust secures Sharpe Ratio (or Efficiency) of 0.0183, which denotes the etf had a 0.0183% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for ETFis Series Trust, which you can use to evaluate the volatility of the entity. Please confirm ETFis Series' mean deviation of 0.3533, and Downside Deviation of 0.5409 to check if the risk estimate we provide is consistent with the expected return of 0.0085%.
ETFis Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 17.22 | 200 Day MA 18.8277 | 1 y Volatility 7.69 | 50 Day MA 19.5556 | Inception Date 2017-02-07 |
ETFis |
Sharpe Ratio = 0.0183
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Estimated Market Risk
0.46 actual daily | 4 96% of assets are more volatile |
Expected Return
0.01 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 ETFis Series 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 ETFis Series by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 255.01676 |
ETFis Series Valuation on December 4, 2024
It is possible to determine the worth of ETFis Series on a given historical date. On December 4, 2024 ETFis was worth 19.04 at the beginning of the trading date compared to the closed value of 19.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ETFis Series etf. Still, in general, we apply an absolute valuation method to find ETFis Series' 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 ETFis Series where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ETFis Series' related companies.
Open | High | Low | Close | Volume | |
19.30 | 19.41 | 19.09 | 19.24 | 25,190 | |
12/04/2024 | 19.04 | 19.30 | 19.04 | 19.09 | 33,422 |
19.06 | 19.36 | 19.03 | 19.20 | 48,924 |
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ETFis Series Trading Date Momentum on December 4, 2024
On December 05 2024 ETFis Series Trust was traded for 19.20 at the closing time. The top price for the day was 19.36 and the lowest listed price was 19.03 . The trading volume for the day was 48.9 K. The trading history from December 5, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 0.58% . The overall trading delta against the current closing price is 1.00% . |
ETFis Series Trust Fundamentals Correlations and Trends
By evaluating ETFis Series' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ETFis Series' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ETFis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ETFis Series Etf history
ETFis Series 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 ETFis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ETFis Series 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 ETFis Series stock prices may prove useful in developing a viable investing in ETFis Series
Under normal market conditions, the fund will invest not less than 90 percent of its assets in component securities of the underlying index. Infracap REIT is traded on NYSEARCA Exchange in the United States.
ETFis Series Etf Technical Analysis
ETFis Series 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
ETFis Series Period Price Range
Low | December 12, 2024
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0.00 | 0.00 |
ETFis Series Trust 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.
ETFis Series December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how ETFis Series etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ETFis Series shares will generate the highest return on investment. By undertsting and applying ETFis Series etf market strength indicators, traders can identify ETFis Series Trust entry and exit signals to maximize returns
ETFis Series Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ETFis Series' price direction in advance. Along with the technical and fundamental analysis of ETFis Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ETFis 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 | 0.0394 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.18) | |||
Treynor Ratio | 0.1022 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ETFis Series 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 census. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of ETFis Series Trust is measured differently than its book value, which is the value of ETFis that is recorded on the company's balance sheet. Investors also form their own opinion of ETFis Series' value that differs from its market value or its book value, called intrinsic value, which is ETFis Series' 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 ETFis Series' market value can be influenced by many factors that don't directly affect ETFis Series' 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 ETFis Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETFis Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETFis Series' 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.