Hoya Capital High Etf Price on August 21, 2023
| RIET Etf | USD 10.87 0.05 0.46% |
If you're considering investing in Hoya Etf, it is important to understand the factors that can impact its price. As of today, the current price of Hoya Capital stands at 10.87, as last reported on the 28th of November, with the highest price reaching 10.94 and the lowest price hitting 10.85 during the day. Currently, Hoya Capital High is very steady. Hoya Capital High holds Efficiency (Sharpe) Ratio of 0.034, which attests that the entity had a 0.034% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hoya Capital High, which you can use to evaluate the volatility of the entity. Please check out Hoya Capital's Downside Deviation of 0.8521, market risk adjusted performance of 0.0634, and Risk Adjusted Performance of 0.0341 to validate if the risk estimate we provide is consistent with the expected return of 0.0261%.
Hoya Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Hoya |
Sharpe Ratio = 0.034
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Hoya Capital is performing at about 2% 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 Hoya Capital by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 2.2 K |
Hoya Capital Valuation on August 21, 2023
It is possible to determine the worth of Hoya Capital on a given historical date. On August 21, 2023 Hoya was worth 8.97 at the beginning of the trading date compared to the closed value of 8.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hoya Capital etf. Still, in general, we apply an absolute valuation method to find Hoya Capital'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 Hoya Capital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hoya Capital's related companies.
| Open | High | Low | Close | Volume | |
| 8.80 | 8.92 | 8.77 | 8.90 | 22,600 | |
08/21/2023 | 8.97 | 8.97 | 8.80 | 8.86 | 50,000 |
| 8.97 | 8.97 | 8.84 | 8.85 | 37,700 |
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Hoya Capital Trading Date Momentum on August 21, 2023
| On August 22 2023 Hoya Capital High was traded for 8.85 at the closing time. The top price for the day was 8.97 and the lowest listed price was 8.84 . The trading volume for the day was 37.7 K. The trading history from August 22, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.11% . The trading delta at closing time against the current closing price is 5.98% . |
Hoya Capital High Fundamentals Correlations and Trends
By evaluating Hoya Capital'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 Hoya Capital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hoya financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hoya Capital Etf history
Hoya Capital 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 Hoya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hoya Capital High 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 Hoya Capital stock prices may prove useful in developing a viable investing in Hoya Capital
Hoya Capital Etf Technical Analysis
Hoya Capital 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
Hoya Capital Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Hoya Capital High 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.
Hoya Capital November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Hoya Capital etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hoya Capital shares will generate the highest return on investment. By undertsting and applying Hoya Capital etf market strength indicators, traders can identify Hoya Capital High entry and exit signals to maximize returns
Hoya Capital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hoya Capital's price direction in advance. Along with the technical and fundamental analysis of Hoya Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hoya 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 | 0.0341 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.0534 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Hoya Capital High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Hoya Capital High is measured differently than its book value, which is the value of Hoya that is recorded on the company's balance sheet. Investors also form their own opinion of Hoya Capital's value that differs from its market value or its book value, called intrinsic value, which is Hoya Capital'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 Hoya Capital's market value can be influenced by many factors that don't directly affect Hoya Capital'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 Hoya Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hoya Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hoya Capital'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.