Active X (Australia) Price on January 16, 2024
| XARO Etf | 23.60 0.06 0.25% |
Below is the normalized historical share price chart for Active X Ardea extending back to December 06, 2018. 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 Active X stands at 23.60, as last reported on the 25th of November, with the highest price reaching 23.76 and the lowest price hitting 23.60 during the day.
If you're considering investing in Active Etf, it is important to understand the factors that can impact its price. Currently, Active X Ardea is very steady. Active X Ardea secures Sharpe Ratio (or Efficiency) of 0.0332, which signifies that the etf had a 0.0332% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Active X Ardea, which you can use to evaluate the volatility of the entity. Please confirm Active X's Risk Adjusted Performance of 0.0099, downside deviation of 0.2598, and Mean Deviation of 0.2006 to double-check if the risk estimate we provide is consistent with the expected return of 0.0087%.
Active Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 23.6919 | 50 Day MA 23.645 |
Active |
Sharpe Ratio = 0.0332
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| Negative Returns | XARO |
Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 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 Active X 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 Active X by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Active X Main Headline on 16th of January 2024
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Active X Valuation on January 16, 2024
It is possible to determine the worth of Active X on a given historical date. On January 16, 2024 Active was worth 23.7 at the beginning of the trading date compared to the closed value of 23.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Active X etf. Still, in general, we apply an absolute valuation method to find Active X'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 Active X where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Active X's related companies.
| Open | High | Low | Close | Volume | |
| 23.74 | 23.80 | 23.74 | 23.76 | 7,336 | |
01/16/2024 | 23.70 | 23.79 | 23.65 | 23.75 | 40,065 |
| 23.74 | 23.92 | 23.74 | 23.92 | 33,583 |
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Active X Trading Date Momentum on January 16, 2024
| On January 17 2024 Active X Ardea was traded for 23.92 at the closing time. The highest price during the trading period was 23.92 and the lowest recorded bid was listed for 23.74 . The volume for the day was 33.6 K. This history from January 17, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.72% . The overall trading delta to the current price is 0.21% . |
About Active X Etf history
Active X 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 Active is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Active X Ardea 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 Active X stock prices may prove useful in developing a viable investing in Active X
Active X Etf Technical Analysis
Active X 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
Active X Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Active X Ardea cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Active X November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Active X etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Active X shares will generate the highest return on investment. By undertsting and applying Active X etf market strength indicators, traders can identify Active X Ardea entry and exit signals to maximize returns
Active X Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Active X's price direction in advance. Along with the technical and fundamental analysis of Active Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Active 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 | 0.0099 | |||
| Jensen Alpha | 0.005 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.47) | |||
| Treynor Ratio | 0.001 |
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| Volume Indicators |
Other Information on Investing in Active Etf
Active X financial ratios help investors to determine whether Active Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Active with respect to the benefits of owning Active X security.