Atac Rotation Etf Price on May 10, 2024
| RORO Etf | USD 18.38 0.16 0.86% |
If you're considering investing in ATAC Etf, it is important to understand the factors that can impact its price. As of today, the current price of ATAC Rotation stands at 18.38, as last reported on the 12th of December 2024, with the highest price reaching 18.57 and the lowest price hitting 18.38 during the day. As of now, ATAC Etf is very steady. ATAC Rotation ETF retains Efficiency (Sharpe Ratio) of 0.0538, which signifies that the etf had a 0.0538% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ATAC Rotation, which you can use to evaluate the volatility of the entity. Please confirm ATAC Rotation's coefficient of variation of 2120.93, and Market Risk Adjusted Performance of 0.0486 to double-check if the risk estimate we provide is consistent with the expected return of 0.0618%.
ATAC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ATAC |
Sharpe Ratio = 0.0538
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Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average ATAC Rotation is performing at about 4% 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 ATAC Rotation by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 140.4 K |
ATAC Rotation Valuation on May 10, 2024
It is possible to determine the worth of ATAC Rotation on a given historical date. On May 10, 2024 ATAC was worth 17.19 at the beginning of the trading date compared to the closed value of 17.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ATAC Rotation etf. Still, in general, we apply an absolute valuation method to find ATAC Rotation'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 ATAC Rotation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ATAC Rotation's related companies.
| Open | High | Low | Close | Volume | |
| 17.11 | 17.28 | 17.11 | 17.28 | 1,322 | |
05/10/2024 | 17.19 | 17.19 | 17.13 | 17.14 | 489.00 |
| 17.23 | 17.23 | 17.21 | 17.21 | 302.00 |
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ATAC Rotation Trading Date Momentum on May 10, 2024
| On May 13 2024 ATAC Rotation ETF was traded for 17.21 at the closing time. The top price for the day was 17.23 and the lowest listed price was 17.21 . The trading volume for the day was 302. The trading history from May 13, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.41% . The overall trading delta against the current closing price is 1.05% . |
ATAC Rotation ETF Fundamentals Correlations and Trends
By evaluating ATAC Rotation'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 ATAC Rotation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ATAC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ATAC Rotation Etf history
ATAC Rotation 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 ATAC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ATAC Rotation 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 ATAC Rotation stock prices may prove useful in developing a viable investing in ATAC Rotation
Under normal circumstances, at least 80 percent of the funds net assets, plus borrowings for investment purposes, will be invested in securities that are traded principally in the United States, securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities, or ETFs that invest, under normal circumstances, at least 80 percent of their net assets, plus borrowings for investment purposes, in the foregoing securities. Atac US is traded on NYSEARCA Exchange in the United States.
ATAC Rotation Etf Technical Analysis
ATAC Rotation 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
ATAC Rotation Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
ATAC Rotation ETF 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.
ATAC Rotation December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how ATAC Rotation etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ATAC Rotation shares will generate the highest return on investment. By undertsting and applying ATAC Rotation etf market strength indicators, traders can identify ATAC Rotation ETF entry and exit signals to maximize returns
ATAC Rotation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ATAC Rotation's price direction in advance. Along with the technical and fundamental analysis of ATAC Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ATAC 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 | 0.0376 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0386 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ATAC Rotation 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 metropolitan statistical area. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of ATAC Rotation ETF is measured differently than its book value, which is the value of ATAC that is recorded on the company's balance sheet. Investors also form their own opinion of ATAC Rotation's value that differs from its market value or its book value, called intrinsic value, which is ATAC Rotation'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 ATAC Rotation's market value can be influenced by many factors that don't directly affect ATAC Rotation'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 ATAC Rotation's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATAC Rotation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATAC Rotation'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.