Flexshares Morningstar Developed Etf Price on September 30, 2024
| TLTD Etf | USD 70.47 0.23 0.33% |
Below is the normalized historical share price chart for FlexShares Morningstar Developed extending back to September 28, 2012. 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 FlexShares Morningstar stands at 70.47, as last reported on the 24th of November, with the highest price reaching 70.50 and the lowest price hitting 70.09 during the day.
If you're considering investing in FlexShares Etf, it is important to understand the factors that can impact its price. FlexShares Morningstar secures Sharpe Ratio (or Efficiency) of -0.0814, which denotes the etf had a -0.0814% return per unit of risk over the last 3 months. FlexShares Morningstar Developed exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FlexShares Morningstar's Mean Deviation of 0.627, variance of 0.6774, and Standard Deviation of 0.823 to check the risk estimate we provide.
FlexShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 17.21 | 200 Day MA 71.4315 | 1 y Volatility 13.59 | 50 Day MA 72.5164 | Inception Date 2012-09-25 |
FlexShares |
Sharpe Ratio = -0.0814
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| Negative Returns | TLTD |
Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FlexShares Morningstar 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 FlexShares Morningstar by adding FlexShares Morningstar to a well-diversified portfolio.
Average Mkt Cap Mil 13.5 K |
FlexShares Morningstar Valuation on September 30, 2024
It is possible to determine the worth of FlexShares Morningstar on a given historical date. On September 30, 2024 FlexShares was worth 75.33 at the beginning of the trading date compared to the closed value of 75.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FlexShares Morningstar etf. Still, in general, we apply an absolute valuation method to find FlexShares Morningstar'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 FlexShares Morningstar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FlexShares Morningstar's related companies.
| Open | High | Low | Close | Volume | |
| 75.42 | 75.42 | 74.94 | 74.94 | 7,048 | |
09/30/2024 | 75.33 | 75.33 | 74.78 | 75.00 | 18,056 |
| 74.40 | 74.59 | 74.11 | 74.48 | 2,312 |
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FlexShares Morningstar Trading Date Momentum on September 30, 2024
| On October 01 2024 FlexShares Morningstar Developed was traded for 74.48 at the closing time. The top price for the day was 74.59 and the lowest listed price was 74.11 . The trading volume for the day was 2.3 K. The trading history from October 1, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.69% . The overall trading delta against the current closing price is 2.77% . |
FlexShares Morningstar Fundamentals Correlations and Trends
By evaluating FlexShares Morningstar'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 FlexShares Morningstar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FlexShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FlexShares Morningstar Etf history
FlexShares Morningstar 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 FlexShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FlexShares Morningstar 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 FlexShares Morningstar stock prices may prove useful in developing a viable investing in FlexShares Morningstar
The index reflects the performance of a selection of companies that, in aggregate, possess greater exposure to size and value factors relative to the Morningstar Developed Markets ex-US Index, a float-adjusted market-capitalization weighted index of companies incorporated in developed-market countries, excluding the U.S. Flexshares Dev is traded on NYSEARCA Exchange in the United States.
FlexShares Morningstar Etf Technical Analysis
FlexShares Morningstar 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
FlexShares Morningstar Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
FlexShares Morningstar Developed 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.
FlexShares Morningstar November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how FlexShares Morningstar etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FlexShares Morningstar shares will generate the highest return on investment. By undertsting and applying FlexShares Morningstar etf market strength indicators, traders can identify FlexShares Morningstar Developed entry and exit signals to maximize returns
FlexShares Morningstar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FlexShares Morningstar's price direction in advance. Along with the technical and fundamental analysis of FlexShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of FlexShares 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 | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.1) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in FlexShares Morningstar Developed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of FlexShares Morningstar is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Morningstar's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Morningstar'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 FlexShares Morningstar's market value can be influenced by many factors that don't directly affect FlexShares Morningstar'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 FlexShares Morningstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Morningstar'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.