Gea Sphere Etf Price on August 19, 2024
If you're considering investing in Gea Etf, it is important to understand the factors that can impact its price. Gea Sphere holds Efficiency (Sharpe) Ratio of -0.4, which attests that the entity had a -0.4% return per unit of standard deviation over the last 3 months. Gea Sphere exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gea Sphere's risk adjusted performance of 0.0513, and Market Risk Adjusted Performance of 0.3646 to validate the risk estimate we provide.
Gea Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Gea |
Sharpe Ratio = -0.4028
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Estimated Market Risk
| 40.92 actual daily | 96 96% of assets are less volatile |
Expected Return
| -16.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.4 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gea Sphere 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 Gea Sphere by adding Gea Sphere to a well-diversified portfolio.
Gea Sphere Valuation on August 19, 2024
It is possible to determine the worth of Gea Sphere on a given historical date. On August 19, 2024 Gea was worth 25.28 at the beginning of the trading date compared to the closed value of 25.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gea Sphere etf. Still, in general, we apply an absolute valuation method to find Gea Sphere'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 Gea Sphere where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gea Sphere's related companies.
| Open | High | Low | Close | Volume | |
| 25.09 | 25.24 | 25.03 | 25.20 | 12,026 | |
08/19/2024 | 25.28 | 25.40 | 25.24 | 25.40 | 5,379 |
| 25.31 | 25.31 | 25.24 | 25.26 | 1,181 |
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Gea Sphere Trading Date Momentum on August 19, 2024
| On August 20 2024 Gea Sphere was traded for 25.26 at the closing time. The top price for the day was 25.31 and the lowest listed price was 25.24 . The trading volume for the day was 1.2 K. The trading history from August 20, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.55% . The overall trading delta against the current closing price is 0.12% . |
Gea Sphere Fundamentals Correlations and Trends
By evaluating Gea Sphere'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 Gea Sphere's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gea financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gea Sphere Etf history
Gea Sphere 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 Gea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gea Sphere 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 Gea Sphere stock prices may prove useful in developing a viable investing in Gea Sphere
Under normal market conditions, the fund seeks to achieve its investment objective by investing primarily in the equity securities of large- to mid-capitalization U.S. companies. Alpha Dog is traded on NYSEARCA Exchange in the United States.
Gea Sphere Etf Technical Analysis
Gea Sphere 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
Gea Sphere Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Gea Sphere cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Gea Sphere November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Gea Sphere etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gea Sphere shares will generate the highest return on investment. By undertsting and applying Gea Sphere etf market strength indicators, traders can identify Gea Sphere entry and exit signals to maximize returns
Gea Sphere Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gea Sphere's price direction in advance. Along with the technical and fundamental analysis of Gea Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gea 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 | 0.0513 | |||
| Jensen Alpha | 0.0389 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.3546 |
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Check out Your Equity Center to better understand how to build diversified portfolios. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Gea Sphere is measured differently than its book value, which is the value of Gea that is recorded on the company's balance sheet. Investors also form their own opinion of Gea Sphere's value that differs from its market value or its book value, called intrinsic value, which is Gea Sphere'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 Gea Sphere's market value can be influenced by many factors that don't directly affect Gea Sphere'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 Gea Sphere's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gea Sphere is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gea Sphere'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.