Two Roads Shared Etf Price on September 27, 2024
| SQEW Etf | USD 36.55 0.17 0.47% |
Below is the normalized historical share price chart for Two Roads Shared extending back to May 12, 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 Two Roads stands at 36.55, as last reported on the 30th of November, with the highest price reaching 36.71 and the lowest price hitting 36.55 during the day.
If you're considering investing in Two Etf, it is important to understand the factors that can impact its price. At this stage we consider Two Etf to be very steady. Two Roads Shared owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the etf had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Two Roads Shared, which you can use to evaluate the volatility of the etf. Please validate Two Roads' Coefficient Of Variation of 709.45, semi deviation of 0.7191, and Risk Adjusted Performance of 0.1111 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
Two Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 17.6 | 200 Day MA 32.9431 | 1 y Volatility 12.72 | 50 Day MA 34.6026 | Inception Date 2020-05-12 |
Two |
Sharpe Ratio = 0.1735
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Two Roads is performing at about 13% 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 Two Roads by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 3.9 K |
Two Roads Valuation on September 27, 2024
It is possible to determine the worth of Two Roads on a given historical date. On September 27, 2024 Two was worth 34.37 at the beginning of the trading date compared to the closed value of 34.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Two Roads etf. Still, in general, we apply an absolute valuation method to find Two Roads' 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 Two Roads where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Two Roads' related companies.
| Open | High | Low | Close | Volume | |
| 34.27 | 34.27 | 34.18 | 34.20 | 19,616 | |
09/27/2024 | 34.37 | 34.54 | 34.27 | 34.33 | 4,568 |
| 34.30 | 34.30 | 34.14 | 34.24 | 5,103 |
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Two Roads Trading Date Momentum on September 27, 2024
| On September 30 2024 Two Roads Shared was traded for 34.24 at the closing time. The top price for the day was 34.30 and the lowest listed price was 34.14 . The trading volume for the day was 5.1 K. The trading history from September 30, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.26% . The trading price change against the current closing price is 1.17% . |
Two Roads Shared Fundamentals Correlations and Trends
By evaluating Two Roads' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Two Roads' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Two financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Two Roads Etf history
Two Roads 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 Two is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Two Roads Shared 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 Two Roads stock prices may prove useful in developing a viable investing in Two Roads
The fund is an actively managed exchange traded fund that normally invests at least 80 percent of its net assets, including any borrowings for investment purposes, in equity securities. Leadershares Equity is traded on NYSEARCA Exchange in the United States.
Two Roads Etf Technical Analysis
Two Roads 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
Two Roads Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Two Roads Shared 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.
Two Roads November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Two Roads etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Two Roads shares will generate the highest return on investment. By undertsting and applying Two Roads etf market strength indicators, traders can identify Two Roads Shared entry and exit signals to maximize returns
Two Roads Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Two Roads' price direction in advance. Along with the technical and fundamental analysis of Two Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Two 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 | 0.1111 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0245 | |||
| Treynor Ratio | 0.1152 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Two Roads Shared. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of Two Roads Shared is measured differently than its book value, which is the value of Two that is recorded on the company's balance sheet. Investors also form their own opinion of Two Roads' value that differs from its market value or its book value, called intrinsic value, which is Two Roads' 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 Two Roads' market value can be influenced by many factors that don't directly affect Two Roads' 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 Two Roads' value and its price as these two are different measures arrived at by different means. Investors typically determine if Two Roads is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Two Roads' 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.