Robo Global Artificial Etf Price on November 25, 2024
| THNQ Etf | USD 50.47 0.38 0.76% |
Below is the normalized historical share price chart for Robo Global Artificial extending back to May 11, 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 Robo Global stands at 50.47, as last reported on the 29th of November, with the highest price reaching 50.64 and the lowest price hitting 49.81 during the day.
If you're considering investing in Robo Etf, it is important to understand the factors that can impact its price. Robo Global appears to be very steady, given 3 months investment horizon. Robo Global Artificial maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the entity had a 0.22% return per unit of risk over the last 3 months. We have found thirty technical indicators for Robo Global Artificial, which you can use to evaluate the volatility of the etf. Please evaluate Robo Global's Risk Adjusted Performance of 0.1233, semi deviation of 1.1, and Coefficient Of Variation of 642.06 to confirm if our risk estimates are consistent with your expectations.
Robo Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 25.95 | 200 Day MA 44.4883 | 1 y Volatility 20.58 | 50 Day MA 47.2693 | Inception Date 2020-05-08 |
Robo |
Sharpe Ratio = 0.2216
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Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Robo Global is performing at about 17% 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 Robo Global by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 59.9 K |
Robo Global Valuation on November 25, 2024
It is possible to determine the worth of Robo Global on a given historical date. On November 25, 2024 Robo was worth 50.64 at the beginning of the trading date compared to the closed value of 50.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Robo Global etf. Still, in general, we apply an absolute valuation method to find Robo Global'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 Robo Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Robo Global's related companies.
| Open | High | Low | Close | Volume | |
| 49.34 | 50.14 | 49.34 | 50.13 | 32,800 | |
11/25/2024 | 50.64 | 51.00 | 50.59 | 50.63 | 10,500 |
| 50.77 | 50.82 | 50.48 | 50.51 | 59,911 |
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Robo Global Trading Date Momentum on November 25, 2024
| On November 26 2024 Robo Global Artificial was traded for 50.51 at the closing time. The top price for the day was 50.82 and the lowest listed price was 50.48 . The trading volume for the day was 59.9 K. The trading history from November 26, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.24% . The trading delta at closing time against the current closing price is 1.07% . |
Robo Global Artificial Fundamentals Correlations and Trends
By evaluating Robo Global'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 Robo Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Robo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Robo Global Etf history
Robo Global 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 Robo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Robo Global Artificial 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 Robo Global stock prices may prove useful in developing a viable investing in Robo Global
The fund will normally invest at least 80 percent of its total assets in securities of the index or in depositary receipts representing securities of the index. Robo Global is traded on NYSEARCA Exchange in the United States.
Robo Global Etf Technical Analysis
Robo Global 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
Robo Global Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Robo Global Artificial 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.
Robo Global November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Robo Global etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Robo Global shares will generate the highest return on investment. By undertsting and applying Robo Global etf market strength indicators, traders can identify Robo Global Artificial entry and exit signals to maximize returns
Robo Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Robo Global's price direction in advance. Along with the technical and fundamental analysis of Robo Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Robo 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 | 0.1233 | |||
| Jensen Alpha | 0.0483 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0563 | |||
| Treynor Ratio | 0.1556 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Robo Global Artificial. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Robo Global Artificial is measured differently than its book value, which is the value of Robo that is recorded on the company's balance sheet. Investors also form their own opinion of Robo Global's value that differs from its market value or its book value, called intrinsic value, which is Robo Global'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 Robo Global's market value can be influenced by many factors that don't directly affect Robo Global'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 Robo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Robo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Robo Global'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.