Tradr 2x Long Etf Price on July 22, 2024
| SPYB Etf | USD 27.96 0.37 1.34% |
If you're considering investing in Tradr Etf, it is important to understand the factors that can impact its price. As of today, the current price of Tradr 2X stands at 27.96, as last reported on the 1st of December, with the highest price reaching 27.96 and the lowest price hitting 27.71 during the day. Tradr 2X appears to be very steady, given 3 months investment horizon. Tradr 2X Long owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the etf had a 0.21% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tradr 2X Long, which you can use to evaluate the volatility of the etf. Please review Tradr 2X's Coefficient Of Variation of 464.58, semi deviation of 1.1, and Risk Adjusted Performance of 0.1691 to confirm if our risk estimates are consistent with your expectations.
Tradr Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Tradr |
Sharpe Ratio = 0.2134
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Estimated Market Risk
| 1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Tradr 2X is performing at about 16% 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 Tradr 2X by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Tradr 2X Valuation on July 22, 2024
It is possible to determine the worth of Tradr 2X on a given historical date. On July 22, 2024 Tradr was worth 23.49 at the beginning of the trading date compared to the closed value of 23.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tradr 2X etf. Still, in general, we apply an absolute valuation method to find Tradr 2X'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 Tradr 2X where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tradr 2X's related companies.
| Open | High | Low | Close | Volume | |
09/10/2024 | 23.49 | 23.59 | 23.12 | 23.59 | 3,500 |
| 23.41 | 24.12 | 23.41 | 24.12 | 1,000.00 |
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Tradr 2X Trading Date Momentum on July 22, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Tradr 2X Long Fundamentals Correlations and Trends
By evaluating Tradr 2X'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 Tradr 2X's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tradr financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tradr 2X Etf history
Tradr 2X 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 Tradr is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tradr 2X Long 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 Tradr 2X stock prices may prove useful in developing a viable investing in Tradr 2X
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SP 500 Buyback Index that tracks the performance of publicly traded issuers that have a high buyback ratio. SPDR SP is traded on PCX Exchange in the United States.
Tradr 2X Etf Technical Analysis
Tradr 2X 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
Tradr 2X Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Tradr 2X Long 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.
Tradr 2X December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Tradr 2X etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tradr 2X shares will generate the highest return on investment. By undertsting and applying Tradr 2X etf market strength indicators, traders can identify Tradr 2X Long entry and exit signals to maximize returns
Tradr 2X Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tradr 2X's price direction in advance. Along with the technical and fundamental analysis of Tradr Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tradr 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 | 0.1691 | |||
| Jensen Alpha | 0.1333 | |||
| Total Risk Alpha | 0.0581 | |||
| Sortino Ratio | 0.1153 | |||
| Treynor Ratio | 0.234 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tradr 2X Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of Tradr 2X Long is measured differently than its book value, which is the value of Tradr that is recorded on the company's balance sheet. Investors also form their own opinion of Tradr 2X's value that differs from its market value or its book value, called intrinsic value, which is Tradr 2X'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 Tradr 2X's market value can be influenced by many factors that don't directly affect Tradr 2X'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 Tradr 2X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tradr 2X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tradr 2X'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.