The 2023 Etf Price on December 2, 2024
| QLTY Etf | 32.93 0.12 0.36% |
If you're considering investing in 2023 Etf, it is important to understand the factors that can impact its price. As of today, the current price of 2023 ETF stands at 32.93, as last reported on the 11th of December 2024, with the highest price reaching 33.09 and the lowest price hitting 32.87 during the day. At this stage we consider 2023 Etf to be not too volatile. 2023 ETF secures Sharpe Ratio (or Efficiency) of 0.0818, which signifies that the etf had a 0.0818% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for The 2023 ETF, which you can use to evaluate the volatility of the entity. Please confirm 2023 ETF's risk adjusted performance of 0.0876, and Semi Deviation of 0.6642 to double-check if the risk estimate we provide is consistent with the expected return of 0.0579%.
2023 Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
2023 |
Sharpe Ratio = 0.0818
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Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average 2023 ETF is performing at about 6% 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 2023 ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 325.7 K |
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2023 ETF Valuation on December 2, 2024
It is possible to determine the worth of 2023 ETF on a given historical date. On December 2, 2024 2023 was worth 32.99 at the beginning of the trading date compared to the closed value of 33.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 2023 ETF etf. Still, in general, we apply an absolute valuation method to find 2023 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 2023 ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 2023 ETF's related companies.
| Open | High | Low | Close | Volume | |
| 32.85 | 33.01 | 32.85 | 32.93 | 76,238 | |
12/02/2024 | 32.99 | 33.06 | 32.91 | 33.02 | 131,400 |
| 32.93 | 33.02 | 32.90 | 33.02 | 359,448 |
| Backtest 2023 ETF | | | 2023 ETF History | | | 2023 ETF Valuation | Previous | Next |
2023 ETF Trading Date Momentum on December 2, 2024
| On December 03 2024 The 2023 ETF was traded for 33.02 at the closing time. The top price for the day was 33.02 and the lowest listed price was 32.90 . The trading volume for the day was 359.4 K. The trading history from December 3, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.21% . |
2023 ETF Fundamentals Correlations and Trends
By evaluating 2023 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 2023 ETF's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 2023 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About 2023 ETF Etf history
2023 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 2023 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 2023 ETF 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 2023 ETF stock prices may prove useful in developing a viable investing in 2023 ETF
2023 ETF Etf Technical Analysis
2023 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
2023 ETF Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
The 2023 ETF cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
2023 ETF December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how 2023 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 2023 ETF shares will generate the highest return on investment. By undertsting and applying 2023 ETF etf market strength indicators, traders can identify The 2023 ETF entry and exit signals to maximize returns
2023 ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 2023 ETF's price direction in advance. Along with the technical and fundamental analysis of 2023 Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 2023 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 | 0.0876 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1018 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in The 2023 ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of 2023 ETF is measured differently than its book value, which is the value of 2023 that is recorded on the company's balance sheet. Investors also form their own opinion of 2023 ETF's value that differs from its market value or its book value, called intrinsic value, which is 2023 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 2023 ETF's market value can be influenced by many factors that don't directly affect 2023 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 2023 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2023 ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2023 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.