Elevation Series Trust Etf Price on August 23, 2024
| SRHR Etf | 61.12 0.22 0.36% |
If you're considering investing in Elevation Etf, it is important to understand the factors that can impact its price. As of today, the current price of Elevation Series stands at 61.12, as last reported on the 28th of November, with the highest price reaching 61.12 and the lowest price hitting 61.12 during the day. Currently, Elevation Series Trust is very steady. Elevation Series Trust secures Sharpe Ratio (or Efficiency) of 0.0086, which denotes the etf had a 0.0086% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Elevation Series Trust, which you can use to evaluate the volatility of the entity. Please confirm Elevation Series' Mean Deviation of 0.5583, coefficient of variation of 3393.59, and Downside Deviation of 0.7542 to check if the risk estimate we provide is consistent with the expected return of 0.0061%.
Elevation Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Elevation |
Sharpe Ratio = 0.0086
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| Negative Returns | SRHR |
Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elevation Series 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 Elevation Series by adding Elevation Series to a well-diversified portfolio.
Average Mkt Cap Mil 10.3 K |
Elevation Series Valuation on August 23, 2024
It is possible to determine the worth of Elevation Series on a given historical date. On August 23, 2024 Elevation was worth 60.22 at the beginning of the trading date compared to the closed value of 60.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elevation Series etf. Still, in general, we apply an absolute valuation method to find Elevation Series' 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 Elevation Series where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elevation Series' related companies.
| Open | High | Low | Close | Volume | |
| 59.22 | 59.22 | 59.22 | 59.22 | 6.00 | |
08/23/2024 | 60.22 | 60.22 | 60.22 | 60.22 | 43.00 |
| 60.17 | 60.17 | 60.17 | 60.17 | 15.00 |
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Elevation Series Trading Date Momentum on August 23, 2024
| On August 26 2024 Elevation Series Trust was traded for 60.17 at the closing time. The top price for the day was 60.17 and the lowest listed price was 60.17 . The trading volume for the day was 15.0. The trading history from August 26, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.08% . The overall trading delta against the current closing price is 0.75% . |
About Elevation Series Etf history
Elevation Series 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 Elevation is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elevation Series Trust 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 Elevation Series stock prices may prove useful in developing a viable investing in Elevation Series
Elevation Series Etf Technical Analysis
Elevation Series 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
Elevation Series Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Elevation Series Trust 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.
Elevation Series November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Elevation Series etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elevation Series shares will generate the highest return on investment. By undertsting and applying Elevation Series etf market strength indicators, traders can identify Elevation Series Trust entry and exit signals to maximize returns
Elevation Series Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elevation Series' price direction in advance. Along with the technical and fundamental analysis of Elevation Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elevation 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 | 0.0217 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.096 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Elevation Series Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of Elevation Series Trust is measured differently than its book value, which is the value of Elevation that is recorded on the company's balance sheet. Investors also form their own opinion of Elevation Series' value that differs from its market value or its book value, called intrinsic value, which is Elevation Series' 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 Elevation Series' market value can be influenced by many factors that don't directly affect Elevation Series' 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 Elevation Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elevation Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elevation Series' 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.