Tappalpha Spy Growth Etf Price on November 29, 2024
| TSPY Etf | 26.16 0.27 1.04% |
If you're considering investing in TappAlpha Etf, it is important to understand the factors that can impact its price. As of today, the current price of TappAlpha SPY stands at 26.16, as last reported on the 11th of December 2024, with the highest price reaching 26.17 and the lowest price hitting 26.05 during the day. At this stage we consider TappAlpha Etf to be very steady. TappAlpha SPY Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the etf had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for TappAlpha SPY Growth, which you can use to evaluate the volatility of the etf. Please validate TappAlpha SPY's Coefficient Of Variation of 424.8, semi deviation of 0.4459, and Risk Adjusted Performance of 0.1691 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
TappAlpha Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
TappAlpha |
Sharpe Ratio = 0.2119
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| Cash | TSPY | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average TappAlpha SPY is performing at about 16% 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 TappAlpha SPY by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 351.5 K |
Related Headline
IShares MSCI Headline on 29th of November 2024
D.A. Davidson CO. Acquires 37,264 Shares of iShares MSCI Chi... by thelincolnianonline.com
D.A. Davidson CO. raised its position in iShares MSCI China ETF by 127.6 percent in the third quarter, according to its most recent disclosure with the SEC. The firm owned 66,475 shares of the companys stock after acquiring an additional 37,264 shares during the period. D.A. Davidson CO. owned approximately
TappAlpha SPY Valuation on November 29, 2024
It is possible to determine the worth of TappAlpha SPY on a given historical date. On November 29, 2024 TappAlpha was worth 25.83 at the beginning of the trading date compared to the closed value of 26.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TappAlpha SPY etf. Still, in general, we apply an absolute valuation method to find TappAlpha SPY'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 TappAlpha SPY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TappAlpha SPY's related companies.
| Open | High | Low | Close | Volume | |
| 25.80 | 25.81 | 25.79 | 25.81 | 2,000 | |
11/29/2024 | 25.83 | 26.03 | 25.83 | 26.03 | 7,400 |
| 26.19 | 26.19 | 25.92 | 26.00 | 23,400 |
| Backtest TappAlpha SPY | | | TappAlpha SPY History | | | TappAlpha SPY Valuation | Previous | Next |
TappAlpha SPY Trading Date Momentum on November 29, 2024
| On December 02 2024 TappAlpha SPY Growth was traded for 26.00 at the closing time. The top price for the day was 26.19 and the lowest listed price was 25.92 . The trading volume for the day was 23.4 K. The trading history from December 2, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.12% . The trading price change against the current closing price is 0.81% . |
About TappAlpha SPY Etf history
TappAlpha SPY 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 TappAlpha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TappAlpha SPY Growth 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 TappAlpha SPY stock prices may prove useful in developing a viable investing in TappAlpha SPY
TappAlpha SPY Etf Technical Analysis
TappAlpha SPY 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
TappAlpha SPY Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
TappAlpha SPY Growth cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
TappAlpha SPY December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how TappAlpha SPY etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TappAlpha SPY shares will generate the highest return on investment. By undertsting and applying TappAlpha SPY etf market strength indicators, traders can identify TappAlpha SPY Growth entry and exit signals to maximize returns
TappAlpha SPY Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TappAlpha SPY's price direction in advance. Along with the technical and fundamental analysis of TappAlpha Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of TappAlpha 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 | 0.1691 | |||
| Jensen Alpha | 0.0739 | |||
| Total Risk Alpha | 0.0406 | |||
| Sortino Ratio | 0.0462 | |||
| Treynor Ratio | 0.2336 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TappAlpha SPY Growth. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of TappAlpha SPY Growth is measured differently than its book value, which is the value of TappAlpha that is recorded on the company's balance sheet. Investors also form their own opinion of TappAlpha SPY's value that differs from its market value or its book value, called intrinsic value, which is TappAlpha SPY'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 TappAlpha SPY's market value can be influenced by many factors that don't directly affect TappAlpha SPY'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 TappAlpha SPY's value and its price as these two are different measures arrived at by different means. Investors typically determine if TappAlpha SPY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TappAlpha SPY'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.