Qraft Ai Enhanced Large Etf Price on July 5, 2024
QRFT Etf | USD 55.34 0.34 0.62% |
Below is the normalized historical share price chart for QRAFT AI Enhanced Large extending back to May 21, 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 QRAFT AI stands at 55.34, as last reported on the 30th of November, with the highest price reaching 55.36 and the lowest price hitting 55.30 during the day.
If you're considering investing in QRAFT Etf, it is important to understand the factors that can impact its price. Currently, QRAFT AI Enhanced Large is very steady. QRAFT AI Enhanced retains Efficiency (Sharpe Ratio) of 0.18, which implies the entity had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for QRAFT AI, which you can use to evaluate the volatility of the etf. Please check QRAFT AI's market risk adjusted performance of 0.1353, and Semi Deviation of 0.5753 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
QRAFT Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 18.06 | 200 Day MA 50.4907 | 1 y Volatility 13.13 | 50 Day MA 53.632 | Inception Date 2019-05-20 |
QRAFT |
Sharpe Ratio = 0.1789
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Estimated Market Risk
0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average QRAFT AI is performing at about 14% 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 QRAFT AI by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 311.2 K |
QRAFT AI Valuation on July 5, 2024
It is possible to determine the worth of QRAFT AI on a given historical date. On July 5, 2024 QRAFT was worth 52.25 at the beginning of the trading date compared to the closed value of 52.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of QRAFT AI etf. Still, in general, we apply an absolute valuation method to find QRAFT AI'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 QRAFT AI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against QRAFT AI's related companies.
Open | High | Low | Close | Volume | |
52.04 | 52.04 | 52.04 | 52.04 | 400.00 | |
07/05/2024 | 52.25 | 52.41 | 52.11 | 52.41 | 1,100 |
52.66 | 52.87 | 52.43 | 52.48 | 2,000 |
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QRAFT AI Trading Date Momentum on July 5, 2024
On July 08 2024 QRAFT AI Enhanced Large was traded for 52.48 at the closing time. The top price for the day was 52.87 and the lowest listed price was 52.43 . The trading volume for the day was 2 K. The trading history from July 8, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.13% . The trading delta at closing time against the current closing price is 1.26% . |
QRAFT AI Enhanced Fundamentals Correlations and Trends
By evaluating QRAFT AI'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 QRAFT AI's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. QRAFT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About QRAFT AI Etf history
QRAFT AI 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 QRAFT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in QRAFT AI Enhanced 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 QRAFT AI stock prices may prove useful in developing a viable investing in QRAFT AI
The fund is an actively-managed ETF that seeks to achieve its investment objective by utilizing an investment strategy enhanced by the use of artificial intelligence. Qraft Ai-Enhanced is traded on NYSEARCA Exchange in the United States.
QRAFT AI Etf Technical Analysis
QRAFT AI 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
QRAFT AI Period Price Range
Low | November 30, 2024
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0.00 | 0.00 |
QRAFT AI Enhanced Large 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.
QRAFT AI November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how QRAFT AI etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading QRAFT AI shares will generate the highest return on investment. By undertsting and applying QRAFT AI etf market strength indicators, traders can identify QRAFT AI Enhanced Large entry and exit signals to maximize returns
QRAFT AI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for QRAFT AI's price direction in advance. Along with the technical and fundamental analysis of QRAFT Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of QRAFT 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 | 0.1121 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | 0.1253 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QRAFT AI Enhanced Large. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of QRAFT AI Enhanced is measured differently than its book value, which is the value of QRAFT that is recorded on the company's balance sheet. Investors also form their own opinion of QRAFT AI's value that differs from its market value or its book value, called intrinsic value, which is QRAFT AI'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 QRAFT AI's market value can be influenced by many factors that don't directly affect QRAFT AI'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 QRAFT AI's value and its price as these two are different measures arrived at by different means. Investors typically determine if QRAFT AI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QRAFT AI'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.