Max S P Etf Price on May 15, 2024
| SPYU Etf | 51.20 0.52 1.03% |
If you're considering investing in MAX Etf, it is important to understand the factors that can impact its price. As of today, the current price of MAX S stands at 51.20, as last reported on the 24th of November, with the highest price reaching 51.45 and the lowest price hitting 50.49 during the day. MAX S appears to be very steady, given 3 months investment horizon. MAX S P has Sharpe Ratio of 0.0931, which conveys that the etf had a 0.0931% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for MAX S, which you can use to evaluate the volatility of the entity. Please exercise MAX S's mean deviation of 2.16, and Downside Deviation of 3.32 to check out if our risk estimates are consistent with your expectations.
MAX Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
MAX |
Sharpe Ratio = 0.0931
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SPYU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average MAX S is performing at about 7% 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 MAX S by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 190.2 K |
MAX S Valuation on May 15, 2024
It is possible to determine the worth of MAX S on a given historical date. On May 15, 2024 MAX was worth 37.96 at the beginning of the trading date compared to the closed value of 39.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MAX S etf. Still, in general, we apply an absolute valuation method to find MAX S'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 MAX S where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MAX S's related companies.
| Open | High | Low | Close | Volume | |
| 36.62 | 37.40 | 36.49 | 37.23 | 778,200 | |
05/15/2024 | 37.96 | 39.15 | 37.76 | 39.04 | 1,403,900 |
| 39.00 | 39.48 | 38.61 | 38.61 | 1,807,700 |
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MAX S Trading Date Momentum on May 15, 2024
| On May 16 2024 MAX S P was traded for 38.61 at the closing time. The top price for the day was 39.48 and the lowest listed price was 38.61 . The trading volume for the day was 1.8 M. The trading history from May 16, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.10% . The trading delta at closing time against the current closing price is 1.20% . |
About MAX S Etf history
MAX S 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 MAX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MAX S P 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 MAX S stock prices may prove useful in developing a viable investing in MAX S
MAX S Etf Technical Analysis
MAX S 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
MAX S Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
MAX S P 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.
MAX S November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how MAX S etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MAX S shares will generate the highest return on investment. By undertsting and applying MAX S etf market strength indicators, traders can identify MAX S P entry and exit signals to maximize returns
MAX S Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MAX S's price direction in advance. Along with the technical and fundamental analysis of MAX Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of MAX 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 | 0.0884 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0574 | |||
| Treynor Ratio | 0.0941 |
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| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in MAX S P. 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of MAX S P is measured differently than its book value, which is the value of MAX that is recorded on the company's balance sheet. Investors also form their own opinion of MAX S's value that differs from its market value or its book value, called intrinsic value, which is MAX S'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 MAX S's market value can be influenced by many factors that don't directly affect MAX S'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 MAX S's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAX S is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAX S'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.