Hcm Defender 100 Etf Price on May 31, 2024
| QQH Etf | USD 65.42 0.14 0.21% |
Below is the normalized historical share price chart for HCM Defender 100 extending back to October 10, 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 HCM Defender stands at 65.42, as last reported on the 24th of November, with the highest price reaching 65.53 and the lowest price hitting 65.02 during the day.
If you're considering investing in HCM Etf, it is important to understand the factors that can impact its price. HCM Defender is very steady at the moment. HCM Defender 100 holds Efficiency (Sharpe) Ratio of 0.11, which attests that the etf had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for HCM Defender 100, which you can use to evaluate the volatility of the entity. Please check out HCM Defender's downside deviation of 1.5, and Semi Deviation of 1.17 to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
HCM Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 21.83 | 200 Day MA 58.8626 | 1 y Volatility 17.6 | 50 Day MA 63.6027 | Inception Date 2019-10-09 |
HCM |
Sharpe Ratio = 0.1091
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Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average HCM Defender 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 HCM Defender by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 702.6 K |
HCM Defender Valuation on May 31, 2024
It is possible to determine the worth of HCM Defender on a given historical date. On May 31, 2024 HCM was worth 56.47 at the beginning of the trading date compared to the closed value of 56.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HCM Defender etf. Still, in general, we apply an absolute valuation method to find HCM Defender'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 HCM Defender where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HCM Defender's related companies.
| Open | High | Low | Close | Volume | |
| 57.07 | 57.07 | 56.25 | 56.47 | 11,400 | |
05/31/2024 | 56.47 | 56.47 | 55.08 | 56.42 | 12,700 |
| 56.71 | 56.87 | 56.02 | 56.60 | 17,700 |
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HCM Defender Trading Date Momentum on May 31, 2024
| On June 03 2024 HCM Defender 100 was traded for 56.60 at the closing time. Highest HCM Defender's price during the trading hours was 56.87 and the lowest price during the day was 56.02 . The net volume was 17.7 K. The overall trading history on the 3rd of June contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.32% . The trading delta at closing time to current price is 3.46% . |
HCM Defender 100 Fundamentals Correlations and Trends
By evaluating HCM Defender'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 HCM Defender's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HCM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HCM Defender Etf history
HCM Defender 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 HCM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HCM Defender 100 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 HCM Defender stock prices may prove useful in developing a viable investing in HCM Defender
The fund seeks to achieve its investment objective by investing at least 80 percent of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the index. Hcm Defender is traded on NYSEARCA Exchange in the United States.
HCM Defender Etf Technical Analysis
HCM Defender 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
HCM Defender Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
HCM Defender 100 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.
HCM Defender November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how HCM Defender etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HCM Defender shares will generate the highest return on investment. By undertsting and applying HCM Defender etf market strength indicators, traders can identify HCM Defender 100 entry and exit signals to maximize returns
HCM Defender Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HCM Defender's price direction in advance. Along with the technical and fundamental analysis of HCM Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of HCM 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 | 0.0877 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0079 | |||
| Treynor Ratio | 0.1197 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in HCM Defender 100. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of HCM Defender 100 is measured differently than its book value, which is the value of HCM that is recorded on the company's balance sheet. Investors also form their own opinion of HCM Defender's value that differs from its market value or its book value, called intrinsic value, which is HCM Defender'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 HCM Defender's market value can be influenced by many factors that don't directly affect HCM Defender'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 HCM Defender's value and its price as these two are different measures arrived at by different means. Investors typically determine if HCM Defender is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HCM Defender'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.