Flexshares Emerging Markets Etf Price on June 18, 2024
| QLVE Etf | USD 25.72 0.09 0.35% |
Below is the normalized historical share price chart for FlexShares Emerging Markets extending back to July 16, 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 FlexShares Emerging stands at 25.72, as last reported on the 28th of November, with the highest price reaching 25.76 and the lowest price hitting 25.71 during the day.
If you're considering investing in FlexShares Etf, it is important to understand the factors that can impact its price. FlexShares Emerging secures Sharpe Ratio (or Efficiency) of -0.0145, which denotes the etf had a -0.0145% return per unit of risk over the last 3 months. FlexShares Emerging Markets exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FlexShares Emerging's Variance of 0.4943, standard deviation of 0.7031, and Mean Deviation of 0.5194 to check the risk estimate we provide.
FlexShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 12.4 | 200 Day MA 25.2162 | 1 y Volatility 8.81 | 50 Day MA 26.5349 | Inception Date 2019-07-15 |
FlexShares |
Sharpe Ratio = -0.0145
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| Negative Returns | QLVE |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FlexShares Emerging is not performing at its full potential. However, 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 FlexShares Emerging by adding FlexShares Emerging to a well-diversified portfolio.
Average Mkt Cap Mil 35.9 K |
FlexShares Emerging Valuation on June 18, 2024
It is possible to determine the worth of FlexShares Emerging on a given historical date. On June 18, 2024 FlexShares was worth 24.79 at the beginning of the trading date compared to the closed value of 24.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FlexShares Emerging etf. Still, in general, we apply an absolute valuation method to find FlexShares Emerging'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 FlexShares Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FlexShares Emerging's related companies.
| Open | High | Low | Close | Volume | |
| 24.70 | 24.70 | 24.70 | 24.70 | 100.00 | |
06/18/2024 | 24.79 | 24.79 | 24.79 | 24.79 | 100.00 |
| 24.80 | 24.80 | 24.71 | 24.71 | 2,100 |
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FlexShares Emerging Trading Date Momentum on June 18, 2024
| On June 20 2024 FlexShares Emerging Markets was traded for 24.71 at the closing time. The top price for the day was 24.80 and the lowest listed price was 24.71 . The trading volume for the day was 2.1 K. The trading history from June 20, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.32% . The overall trading delta against the current closing price is 0.04% . |
FlexShares Emerging Fundamentals Correlations and Trends
By evaluating FlexShares Emerging'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 FlexShares Emerging's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FlexShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FlexShares Emerging Etf history
FlexShares Emerging 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 FlexShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FlexShares Emerging 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 FlexShares Emerging stock prices may prove useful in developing a viable investing in FlexShares Emerging
The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in emerging market countries. Flexshares is traded on NYSEARCA Exchange in the United States.
FlexShares Emerging Etf Technical Analysis
FlexShares Emerging 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
FlexShares Emerging Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
FlexShares Emerging Markets 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.
FlexShares Emerging November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how FlexShares Emerging etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FlexShares Emerging shares will generate the highest return on investment. By undertsting and applying FlexShares Emerging etf market strength indicators, traders can identify FlexShares Emerging Markets entry and exit signals to maximize returns
FlexShares Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FlexShares Emerging's price direction in advance. Along with the technical and fundamental analysis of FlexShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of FlexShares 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 | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 0.7569 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in FlexShares Emerging Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of FlexShares Emerging is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Emerging's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Emerging'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 FlexShares Emerging's market value can be influenced by many factors that don't directly affect FlexShares Emerging'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 FlexShares Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Emerging'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.