Aam Low Duration Etf Price on December 2, 2024
| PFLD Etf | USD 21.03 0.06 0.28% |
Below is the normalized historical share price chart for AAM Low Duration extending back to November 20, 2019. 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 AAM Low stands at 21.03, as last reported on the 3rd of December, with the highest price reaching 21.12 and the lowest price hitting 20.99 during the day.
If you're considering investing in AAM Etf, it is important to understand the factors that can impact its price. At this point, AAM Low is very steady. AAM Low Duration secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the etf had a 0.11% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for AAM Low Duration, which you can use to evaluate the volatility of the entity. Please confirm AAM Low's Mean Deviation of 0.2098, downside deviation of 0.2789, and Coefficient Of Variation of 1083.64 to double-check if the risk estimate we provide is consistent with the expected return of 0.0273%.
AAM Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 8.7 | 200 Day MA 21.1071 | 1 y Volatility 2.95 | 50 Day MA 21.1739 | Inception Date 2019-11-19 |
AAM |
Sharpe Ratio = 0.105
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Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average AAM Low is performing at about 8% 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 AAM Low by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 371.62069 | Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0, Micro=0.34747} |
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AAM Low Valuation on December 2, 2024
It is possible to determine the worth of AAM Low on a given historical date. On December 2, 2024 AAM was worth 21.09 at the beginning of the trading date compared to the closed value of 21.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AAM Low etf. Still, in general, we apply an absolute valuation method to find AAM Low'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 AAM Low where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AAM Low's related companies.
| Open | High | Low | Close | Volume | |
| 21.02 | 21.09 | 20.93 | 21.09 | 45,000 | |
12/02/2024 | 21.09 | 21.12 | 20.99 | 21.03 | 96,633 |
| 21.09 | 21.12 | 20.99 | 21.03 | 0.00 |
| Backtest AAM Low | | | AAM Low History | | | AAM Low Valuation | Previous | Next |
AAM Low Trading Date Momentum on December 2, 2024
| On December 03 2024 AAM Low Duration was traded for 21.03 at the closing time. The top price for the day was 21.12 and the lowest listed price was 20.99 . There was no trading activity during the period 0.0. Lack of trading volume on December 3, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.29% . |
AAM Low Duration Fundamentals Correlations and Trends
By evaluating AAM Low'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 AAM Low's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AAM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AAM Low Etf history
AAM Low 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 AAM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AAM Low Duration 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 AAM Low stock prices may prove useful in developing a viable investing in AAM Low
The index measures the performance of exchange-listed, U.S. dollar-denominated preferred securities and hybrid securities listed on the New York Stock Exchange or NASDAQ Capital Market with an option-adjusted duration of less than five years. Aam Low is traded on NYSEARCA Exchange in the United States.
AAM Low Etf Technical Analysis
AAM Low 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
AAM Low Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
AAM Low Duration 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.
AAM Low December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how AAM Low etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AAM Low shares will generate the highest return on investment. By undertsting and applying AAM Low etf market strength indicators, traders can identify AAM Low Duration entry and exit signals to maximize returns
AAM Low Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AAM Low's price direction in advance. Along with the technical and fundamental analysis of AAM Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of AAM 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 | 0.0515 | |||
| Jensen Alpha | 0.0058 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.36) | |||
| Treynor Ratio | 0.1928 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in AAM Low Duration. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of AAM Low Duration is measured differently than its book value, which is the value of AAM that is recorded on the company's balance sheet. Investors also form their own opinion of AAM Low's value that differs from its market value or its book value, called intrinsic value, which is AAM Low'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 AAM Low's market value can be influenced by many factors that don't directly affect AAM Low'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 AAM Low's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAM Low is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAM Low'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.