Phlx Utility Index Price on October 23, 2024
| UTY Index | 1,027 1.91 0.19% |
If you're considering investing in PHLX Index, it is important to understand the factors that can impact its price. As of today, the current price of PHLX Utility stands at 1,027, as last reported on the 29th of November, with the highest price reaching 1,034 and the lowest price hitting 1,026 during the day. PHLX Utility maintains Sharpe Ratio (i.e., Efficiency) of 0.0871, which implies the entity had a 0.0871% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for PHLX Utility, which you can use to evaluate the volatility of the index. PHLX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.0871
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Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average PHLX Utility is performing at about 6% 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 PHLX Utility by adding it to a well-diversified portfolio.
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PHLX Utility Valuation on October 23, 2024
It is possible to determine the worth of PHLX Utility on a given historical date. On October 23, 2024 PHLX was worth 1036.24 at the beginning of the trading date compared to the closed value of 1047.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PHLX Utility index. Still, in general, we apply an absolute valuation method to find PHLX Utility'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 PHLX Utility where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PHLX Utility's related companies.
| Open | High | Low | Close | Volume | |
| 1,033 | 1,039 | 1,029 | 1,037 | 1.00 | |
10/23/2024 | 1,036 | 1,047 | 1,036 | 1,047 | 1.00 |
| 1,047 | 1,048 | 1,036 | 1,038 | 1.00 |
| Backtest PHLX Utility | | | PHLX Utility History | Previous | Next |
PHLX Utility Trading Date Momentum on October 23, 2024
| On October 24 2024 PHLX Utility was traded for 1,038 at the closing time. The highest price during the trading period was 1,048 and the lowest recorded bid was listed for 1,036 . There was no trading activity during the period 1.0. Lack of trading volume on October 24, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.88% . The trading delta at closing time to the current price is 6.13% . |
Price Boundaries
PHLX Utility Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
PHLX Utility cannot be verified against its exchange. Please verify the symbol is currently traded on INDX 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.
PHLX Utility November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how PHLX Utility index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PHLX Utility shares will generate the highest return on investment. By undertsting and applying PHLX Utility index market strength indicators, traders can identify PHLX Utility entry and exit signals to maximize returns
PHLX Utility Technical Drivers
PHLX Utility November 29, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PHLX Utility's price direction in advance. Along with the technical and fundamental analysis of PHLX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of PHLX 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 | 0.0701 | |||
| Mean Deviation | 0.7952 | |||
| Semi Deviation | 0.9536 | |||
| Downside Deviation | 1.07 | |||
| Coefficient Of Variation | 1133.17 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.04 | |||
| Information Ratio | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.03) | |||
| Maximum Drawdown | 4.93 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.49 | |||
| Downside Variance | 1.15 | |||
| Semi Variance | 0.9094 | |||
| Expected Short fall | (0.84) | |||
| Skewness | (0.31) | |||
| Kurtosis | 0.217 |
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