Etc 6 Meridian Etf Price on May 10, 2023

SIXH Etf  USD 37.28  0.19  0.51%   
Below is the normalized historical share price chart for ETC 6 Meridian extending back to May 11, 2020. 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 ETC 6 stands at 37.28, as last reported on the 12th of December 2024, with the highest price reaching 37.44 and the lowest price hitting 37.28 during the day.
3 y Volatility
10.07
200 Day MA
36.2587
1 y Volatility
3.9
50 Day MA
37.536
Inception Date
2020-05-11
 
Covid
If you're considering investing in ETC Etf, it is important to understand the factors that can impact its price. ETC 6 is very steady at the moment. ETC 6 Meridian retains Efficiency (Sharpe Ratio) of 0.0568, which denotes the etf had a 0.0568% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ETC 6, which you can use to evaluate the volatility of the entity. Please confirm ETC 6's Market Risk Adjusted Performance of 0.0893, coefficient of variation of 1416.42, and Downside Deviation of 0.3623 to check if the risk estimate we provide is consistent with the expected return of 0.0194%.
  
ETC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0568

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSIXH

Estimated Market Risk

 0.34
  actual daily
3
97% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average ETC 6 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 ETC 6 by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
199.9 K

ETC 6 Valuation on May 10, 2023

It is possible to determine the worth of ETC 6 on a given historical date. On May 10, 2023 ETC was worth 30.76 at the beginning of the trading date compared to the closed value of 30.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ETC 6 etf. Still, in general, we apply an absolute valuation method to find ETC 6'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 ETC 6 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ETC 6's related companies.
 Open High Low Close Volume
  30.88    30.96    30.88    30.89    11,400  
05/10/2023
  30.76    30.76    30.72    30.75    1,600  
  30.80    30.80    30.78    30.78    2,400  
Backtest ETC 6  |  ETC 6 History  |  ETC 6 Valuation   PreviousNext  
Open Value
30.76
30.75
Closing Value
31.79
Upside

ETC 6 Trading Date Momentum on May 10, 2023

On May 11 2023 ETC 6 Meridian was traded for  30.78  at the closing time. The top price for the day was 30.80  and the lowest listed price was  30.78 . The trading volume for the day was 2.4 K. The trading history from May 11, 2023 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.10% . The overall trading delta against the current closing price is 0.75% .

ETC 6 Meridian Fundamentals Correlations and Trends

By evaluating ETC 6'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 ETC 6's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ETC financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ETC 6 Etf history

ETC 6 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 ETC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ETC 6 Meridian 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 ETC 6 stock prices may prove useful in developing a viable investing in ETC 6

ETC 6 Etf Technical Analysis

ETC 6 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.
A focus of ETC 6 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ETC 6 trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ETC 6 Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ETC 6 Meridian 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.

ETC 6 December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how ETC 6 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ETC 6 shares will generate the highest return on investment. By undertsting and applying ETC 6 etf market strength indicators, traders can identify ETC 6 Meridian entry and exit signals to maximize returns

ETC 6 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ETC 6's price direction in advance. Along with the technical and fundamental analysis of ETC Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ETC 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.
When determining whether ETC 6 Meridian offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ETC 6's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Etc 6 Meridian Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Etc 6 Meridian Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ETC 6 Meridian. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of ETC 6 Meridian is measured differently than its book value, which is the value of ETC that is recorded on the company's balance sheet. Investors also form their own opinion of ETC 6's value that differs from its market value or its book value, called intrinsic value, which is ETC 6'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 ETC 6's market value can be influenced by many factors that don't directly affect ETC 6'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 ETC 6's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETC 6 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETC 6'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.