Fairlead Tactical Sector Etf Price on November 27, 2024
| TACK Etf | USD 29.08 0.09 0.31% |
If you're considering investing in Fairlead Etf, it is important to understand the factors that can impact its price. As of today, the current price of Fairlead Tactical stands at 29.08, as last reported on the 1st of December, with the highest price reaching 29.15 and the lowest price hitting 29.04 during the day. As of now, Fairlead Etf is very steady. Fairlead Tactical Sector secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the etf had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fairlead Tactical Sector, which you can use to evaluate the volatility of the entity. Please confirm Fairlead Tactical's Coefficient Of Variation of 610.68, mean deviation of 0.4969, and Downside Deviation of 0.6037 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
Fairlead Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Fairlead |
Sharpe Ratio = 0.1911
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Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Fairlead Tactical is performing at about 15% 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 Fairlead Tactical by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 128.3 K |
Fairlead Tactical Valuation on November 27, 2024
It is possible to determine the worth of Fairlead Tactical on a given historical date. On November 27, 2024 Fairlead was worth 29.11 at the beginning of the trading date compared to the closed value of 28.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fairlead Tactical etf. Still, in general, we apply an absolute valuation method to find Fairlead Tactical'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 Fairlead Tactical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fairlead Tactical's related companies.
| Open | High | Low | Close | Volume | |
| 28.94 | 29.02 | 28.88 | 29.02 | 32,026 | |
11/27/2024 | 29.11 | 29.11 | 28.97 | 28.99 | 22,986 |
| 29.06 | 29.15 | 29.04 | 29.08 | 10,610 |
| Backtest Fairlead Tactical | | | Fairlead Tactical History | | | Fairlead Tactical Valuation | Previous | Next |
Fairlead Tactical Trading Date Momentum on November 27, 2024
| On November 29 2024 Fairlead Tactical Sector was traded for 29.08 at the closing time. The top price for the day was 29.15 and the lowest listed price was 29.04 . The trading volume for the day was 10.6 K. The trading history from November 29, 2024 was a factor to the next trading day price upswing. The trading price change against the next closing price was 0.31% . The overall trading delta against the current closing price is 0.24% . |
Fairlead Tactical Sector Fundamentals Correlations and Trends
By evaluating Fairlead Tactical'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 Fairlead Tactical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fairlead financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fairlead Tactical Etf history
Fairlead Tactical 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 Fairlead is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fairlead Tactical Sector 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 Fairlead Tactical stock prices may prove useful in developing a viable investing in Fairlead Tactical
The fund is a diversified actively-managed ETF that under normal circumstances will invest more than 80 percent of the funds net assets in passive domestic equity sector ETFs and ETFs investing respectively in gold and U.S. Capitol Fairlead is traded on NYSEARCA Exchange in the United States.
Fairlead Tactical Etf Technical Analysis
Fairlead Tactical 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
Fairlead Tactical Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Fairlead Tactical Sector 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.
Fairlead Tactical December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Fairlead Tactical etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fairlead Tactical shares will generate the highest return on investment. By undertsting and applying Fairlead Tactical etf market strength indicators, traders can identify Fairlead Tactical Sector entry and exit signals to maximize returns
Fairlead Tactical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fairlead Tactical's price direction in advance. Along with the technical and fundamental analysis of Fairlead Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fairlead 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 | 0.1229 | |||
| Jensen Alpha | (0.0007) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1266 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Fairlead Tactical Sector. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Fairlead Tactical Sector is measured differently than its book value, which is the value of Fairlead that is recorded on the company's balance sheet. Investors also form their own opinion of Fairlead Tactical's value that differs from its market value or its book value, called intrinsic value, which is Fairlead Tactical'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 Fairlead Tactical's market value can be influenced by many factors that don't directly affect Fairlead Tactical'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 Fairlead Tactical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fairlead Tactical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fairlead Tactical'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.