Tappalpha Spy Growth Etf Price on December 5, 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 12th 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 0.2, which indicates the etf had a 0.2% 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 Risk Adjusted Performance of 0.1753, semi deviation of 0.4245, and Coefficient Of Variation of 409.93 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
TappAlpha Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
TappAlpha |
Sharpe Ratio = 0.2005
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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
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average TappAlpha SPY 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 TappAlpha SPY by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 359.7 K |
TappAlpha SPY Main Headline on 5th of December 2024
TappAlpha Announces Three-Month Distribution for TappAlpha S... by businesswire.com
TappAlpha, a fintech company dedicated to making advanced investing accessible, today announced its three-month distribution milestone for the TappAlp
TappAlpha SPY Valuation on December 5, 2024
It is possible to determine the worth of TappAlpha SPY on a given historical date. On December 5, 2024 TappAlpha was worth 26.14 at the beginning of the trading date compared to the closed value of 26.15. 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 | |
| 26.04 | 26.10 | 26.00 | 26.10 | 10,700 | |
12/05/2024 | 26.14 | 26.17 | 26.05 | 26.15 | 24,100 |
| 26.17 | 26.17 | 26.10 | 26.14 | 12,200 |
| Backtest TappAlpha SPY | | | TappAlpha SPY History | | | TappAlpha SPY Valuation | Previous | Next |
TappAlpha SPY Trading Date Momentum on December 5, 2024
| On December 06 2024 TappAlpha SPY Growth was traded for 26.14 at the closing time. The top price for the day was 26.17 and the lowest listed price was 26.10 . The trading volume for the day was 12.2 K. The trading history from December 6, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.04% . The trading price change against the current closing price is 0.38% . |
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 12, 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 12, 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 | 0.1753 | |||
| Jensen Alpha | 0.0818 | |||
| Total Risk Alpha | 0.0468 | |||
| Sortino Ratio | 0.0573 | |||
| Treynor Ratio | 0.2475 |
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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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.