Russell Australian (Australia) Price on September 5, 2024
| RSM Etf | 20.26 0.03 0.15% |
Below is the normalized historical share price chart for Russell Australian SemiGovernment extending back to March 13, 2012. 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 Russell Australian stands at 20.26, as last reported on the 11th of December 2024, with the highest price reaching 20.26 and the lowest price hitting 20.26 during the day.
If you're considering investing in Russell Etf, it is important to understand the factors that can impact its price. Russell Australian maintains Sharpe Ratio (i.e., Efficiency) of -0.01, which implies the entity had a -0.01% return per unit of risk over the last 3 months. Russell Australian exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Russell Australian's Coefficient Of Variation of (6,616), risk adjusted performance of (0.03), and Variance of 0.0741 to confirm the risk estimate we provide.
Russell Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 19.8745 | 50 Day MA 20.038 | Inception Date 2012-03-13 | Beta 0.83 |
Russell |
Sharpe Ratio = -0.01
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| Negative Returns | RSM |
Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 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 Russell Australian 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 Russell Australian by adding Russell Australian to a well-diversified portfolio.
Russell Australian Valuation on September 5, 2024
It is possible to determine the worth of Russell Australian on a given historical date. On September 5, 2024 Russell was worth 20.28 at the beginning of the trading date compared to the closed value of 20.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Russell Australian etf. Still, in general, we apply an absolute valuation method to find Russell Australian'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 Russell Australian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Russell Australian's related companies.
| Open | High | Low | Close | Volume | |
| 20.23 | 20.23 | 20.23 | 20.23 | 67.00 | |
09/05/2024 | 20.28 | 20.28 | 20.22 | 20.22 | 1,468 |
| 20.23 | 20.27 | 20.23 | 20.27 | 1,250 |
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Russell Australian Trading Date Momentum on September 5, 2024
| On September 06 2024 Russell Australian SemiGovernment was traded for 20.27 at the closing time. The maximum traded price for the trading interval was 20.27 and the lowest daily price was 20.23 . The daily volume was recorded at 1.2 K. The volume of trading on 6th of September 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.25% . The trading delta at closing time to the closing price today is 0.74% . |
Russell Australian Fundamentals Correlations and Trends
By evaluating Russell Australian'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 Russell Australian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Russell financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Russell Australian Etf history
Russell Australian 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 Russell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Russell Australian 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 Russell Australian stock prices may prove useful in developing a viable investing in Russell Australian
Russell Australian Etf Technical Analysis
Russell Australian 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
Russell Australian Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
Russell Australian SemiGovernment cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Russell Australian December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Russell Australian etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Russell Australian shares will generate the highest return on investment. By undertsting and applying Russell Australian etf market strength indicators, traders can identify Russell Australian SemiGovernment entry and exit signals to maximize returns
Russell Australian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Russell Australian's price direction in advance. Along with the technical and fundamental analysis of Russell Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Russell 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 | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.8713 |
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Other Information on Investing in Russell Etf
Russell Australian financial ratios help investors to determine whether Russell Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Russell with respect to the benefits of owning Russell Australian security.