1x Short Vix Etf Price on November 29, 2024
| SVIX Etf | USD 29.35 0.10 0.34% |
If you're considering investing in SVIX Etf, it is important to understand the factors that can impact its price. As of today, the current price of 1x Short stands at 29.35, as last reported on the 11th of December 2024, with the highest price reaching 29.81 and the lowest price hitting 29.21 during the day. At this stage we consider SVIX Etf to be not too volatile. 1x Short VIX secures Sharpe Ratio (or Efficiency) of 0.0463, which signifies that the etf had a 0.0463% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for 1x Short VIX, which you can use to evaluate the volatility of the entity. Please confirm 1x Short's Semi Deviation of 3.72, coefficient of variation of 1309.1, and Mean Deviation of 2.33 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
SVIX Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SVIX |
Sharpe Ratio = 0.0463
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SVIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.28 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average 1x Short is performing at about 3% 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 1x Short by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
1x Short Valuation on November 29, 2024
It is possible to determine the worth of 1x Short on a given historical date. On November 29, 2024 SVIX was worth 29.13 at the beginning of the trading date compared to the closed value of 29.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 1x Short etf. Still, in general, we apply an absolute valuation method to find 1x Short'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 1x Short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 1x Short's related companies.
| Open | High | Low | Close | Volume | |
| 28.66 | 29.00 | 28.01 | 28.87 | 834,288 | |
11/29/2024 | 29.13 | 29.58 | 29.11 | 29.36 | 1,278,916 |
| 29.50 | 29.77 | 29.38 | 29.67 | 1,006,936 |
| Backtest 1x Short | | | 1x Short History | | | 1x Short Valuation | Previous | Next |
1x Short Trading Date Momentum on November 29, 2024
| On December 02 2024 1x Short VIX was traded for 29.67 at the closing time. The top price for the day was 29.77 and the lowest listed price was 29.38 . The trading volume for the day was 1 M. The trading history from December 2, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 1.06% . The daily price change against the current closing price is 2.52% . |
1x Short VIX Fundamentals Correlations and Trends
By evaluating 1x Short'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 1x Short's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SVIX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About 1x Short Etf history
1x Short 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 SVIX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 1x Short VIX 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 1x Short stock prices may prove useful in developing a viable investing in 1x Short
1x Short Etf Technical Analysis
1x Short 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
1x Short Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
1x Short VIX cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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.
1x Short December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how 1x Short etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 1x Short shares will generate the highest return on investment. By undertsting and applying 1x Short etf market strength indicators, traders can identify 1x Short VIX entry and exit signals to maximize returns
1x Short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 1x Short's price direction in advance. Along with the technical and fundamental analysis of SVIX Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SVIX 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 | 0.063 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.031 | |||
| Treynor Ratio | 0.0823 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1x Short VIX. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of 1x Short VIX is measured differently than its book value, which is the value of SVIX that is recorded on the company's balance sheet. Investors also form their own opinion of 1x Short's value that differs from its market value or its book value, called intrinsic value, which is 1x Short'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 1x Short's market value can be influenced by many factors that don't directly affect 1x Short'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 1x Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1x Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1x Short'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.