Cambria Cannabis Etf Price on December 2, 2024
| TOKE Etf | USD 5.61 0.03 0.54% |
Below is the normalized historical share price chart for Cambria Cannabis ETF extending back to July 25, 2019. 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 Cambria Cannabis stands at 5.61, as last reported on the 4th of December, with the highest price reaching 5.63 and the lowest price hitting 5.51 during the day.
If you're considering investing in Cambria Etf, it is important to understand the factors that can impact its price. Cambria Cannabis ETF secures Sharpe Ratio (or Efficiency) of -0.0181, which signifies that the etf had a -0.0181% return per unit of risk over the last 3 months. Cambria Cannabis ETF exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cambria Cannabis' Standard Deviation of 2.25, mean deviation of 1.33, and insignificant Risk Adjusted Performance to double-check the risk estimate we provide.
Cambria Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 25.65 | 200 Day MA 5.972 | 1 y Volatility 22.93 | 50 Day MA 5.8203 | Inception Date 2019-07-25 |
Cambria |
Sharpe Ratio = -0.0181
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| Negative Returns | TOKE |
Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cambria Cannabis 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 Cambria Cannabis by adding Cambria Cannabis to a well-diversified portfolio.
Average Mkt Cap Mil 3.3 K |
Cambria Cannabis Valuation on December 2, 2024
It is possible to determine the worth of Cambria Cannabis on a given historical date. On December 2, 2024 Cambria was worth 5.52 at the beginning of the trading date compared to the closed value of 5.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cambria Cannabis etf. Still, in general, we apply an absolute valuation method to find Cambria Cannabis' 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 Cambria Cannabis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cambria Cannabis' related companies.
| Open | High | Low | Close | Volume | |
| 5.55 | 5.56 | 5.51 | 5.56 | 6,863 | |
12/02/2024 | 5.52 | 5.60 | 5.50 | 5.58 | 18,505 |
| 5.60 | 5.63 | 5.51 | 5.61 | 24,587 |
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Cambria Cannabis Trading Date Momentum on December 2, 2024
| On December 03 2024 Cambria Cannabis ETF was traded for 5.61 at the closing time. The top price for the day was 5.63 and the lowest listed price was 5.51 . The trading volume for the day was 24.6 K. The trading history from December 3, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.54% . The overall trading delta against the current closing price is 0.36% . |
Cambria Cannabis ETF Fundamentals Correlations and Trends
By evaluating Cambria Cannabis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cambria Cannabis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cambria financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cambria Cannabis Etf history
Cambria Cannabis 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 Cambria is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cambria Cannabis ETF 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 Cambria Cannabis stock prices may prove useful in developing a viable investing in Cambria Cannabis
Cambria Cannabis Etf Technical Analysis
Cambria Cannabis 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
Cambria Cannabis Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Cambria Cannabis ETF 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.
Cambria Cannabis December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Cambria Cannabis etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cambria Cannabis shares will generate the highest return on investment. By undertsting and applying Cambria Cannabis etf market strength indicators, traders can identify Cambria Cannabis ETF entry and exit signals to maximize returns
Cambria Cannabis Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cambria Cannabis' price direction in advance. Along with the technical and fundamental analysis of Cambria Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cambria 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) | |||
| Jensen Alpha | 0.0737 | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.0362 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cambria Cannabis ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Cambria Cannabis ETF is measured differently than its book value, which is the value of Cambria that is recorded on the company's balance sheet. Investors also form their own opinion of Cambria Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Cambria Cannabis' 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 Cambria Cannabis' market value can be influenced by many factors that don't directly affect Cambria Cannabis' 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 Cambria Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambria Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambria Cannabis' 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.