Teucrium Wheat Etf Price on October 14, 2024
| WEAT Etf | USD 4.93 0.04 0.80% |
Below is the normalized historical share price chart for Teucrium Wheat extending back to September 19, 2011. 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 Teucrium Wheat stands at 4.93, as last reported on the 25th of November, with the highest price reaching 4.97 and the lowest price hitting 4.91 during the day.
If you're considering investing in Teucrium Etf, it is important to understand the factors that can impact its price. Currently, Teucrium Wheat is somewhat reliable. Teucrium Wheat owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0345, which indicates the etf had a 0.0345% return per unit of risk over the last 3 months. We have found thirty technical indicators for Teucrium Wheat, which you can use to evaluate the volatility of the etf. Please validate Teucrium Wheat's Risk Adjusted Performance of 0.0276, semi deviation of 1.2, and Coefficient Of Variation of 3236.96 to confirm if the risk estimate we provide is consistent with the expected return of 0.0428%.
Teucrium Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 26.81 | 200 Day MA 5.3474 | 1 y Volatility 24.68 | 50 Day MA 5.1594 | Inception Date 2011-09-16 |
Teucrium |
Sharpe Ratio = 0.0345
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Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Teucrium Wheat is performing at about 2% 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 Teucrium Wheat by adding it to a well-diversified portfolio.
Average Mkt Cap Mil USDÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
Teucrium Wheat Valuation on October 14, 2024
It is possible to determine the worth of Teucrium Wheat on a given historical date. On October 14, 2024 Teucrium was worth 5.35 at the beginning of the trading date compared to the closed value of 5.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Teucrium Wheat etf. Still, in general, we apply an absolute valuation method to find Teucrium Wheat'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 Teucrium Wheat where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Teucrium Wheat's related companies.
| Open | High | Low | Close | Volume | |
| 5.42 | 5.47 | 5.33 | 5.38 | 801,800 | |
10/14/2024 | 5.35 | 5.38 | 5.25 | 5.27 | 517,850 |
| 5.24 | 5.24 | 5.19 | 5.20 | 428,800 |
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Teucrium Wheat Trading Date Momentum on October 14, 2024
| On October 15 2024 Teucrium Wheat was traded for 5.20 at the closing time. The top price for the day was 5.24 and the lowest listed price was 5.19 . The trading volume for the day was 428.8 K. The trading history from October 15, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.33% . The trading price change against the current closing price is 1.52% . |
Teucrium Wheat Fundamentals Correlations and Trends
By evaluating Teucrium Wheat'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 Teucrium Wheat's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Teucrium financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Teucrium Wheat Etf history
Teucrium Wheat 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 Teucrium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Teucrium Wheat 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 Teucrium Wheat stock prices may prove useful in developing a viable investing in Teucrium Wheat
Teucrium Wheat Etf Technical Analysis
Teucrium Wheat 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
Teucrium Wheat Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Teucrium Wheat 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.
Teucrium Wheat November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Teucrium Wheat etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Teucrium Wheat shares will generate the highest return on investment. By undertsting and applying Teucrium Wheat etf market strength indicators, traders can identify Teucrium Wheat entry and exit signals to maximize returns
Teucrium Wheat Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Teucrium Wheat's price direction in advance. Along with the technical and fundamental analysis of Teucrium Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Teucrium 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 | 0.0276 | |||
| Jensen Alpha | 0.0561 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.13) |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Teucrium Wheat. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of Teucrium Wheat is measured differently than its book value, which is the value of Teucrium that is recorded on the company's balance sheet. Investors also form their own opinion of Teucrium Wheat's value that differs from its market value or its book value, called intrinsic value, which is Teucrium Wheat'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 Teucrium Wheat's market value can be influenced by many factors that don't directly affect Teucrium Wheat'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 Teucrium Wheat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teucrium Wheat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teucrium Wheat'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.