Arca Major Markets Index Price on October 24, 2024
| XMI Index | 3,945 30.73 0.79% |
Below is the normalized historical share price chart for ARCA Major Markets extending back to April 15, 1983. 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 ARCA Major stands at 3,945, as last reported on the 27th of November, with the highest price reaching 3,955 and the lowest price hitting 3,905 during the day.
If you're considering investing in ARCA Index, it is important to understand the factors that can impact its price. ARCA Major Markets retains Efficiency (Sharpe Ratio) of 0.0955, which signifies that the index had a 0.0955% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for ARCA Major, which you can use to evaluate the volatility of the entity. ARCA Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.0955
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Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average ARCA Major is performing at about 7% 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 ARCA Major by adding it to a well-diversified portfolio.
ARCA Major Valuation on October 24, 2024
It is possible to determine the worth of ARCA Major on a given historical date. On October 24, 2024 ARCA was worth 3887.87 at the beginning of the trading date compared to the closed value of 3864.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ARCA Major index. Still, in general, we apply an absolute valuation method to find ARCA Major'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 ARCA Major where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ARCA Major's related companies.
| Open | High | Low | Close | Volume | |
| 3,915 | 3,915 | 3,869 | 3,888 | 1.00 | |
10/24/2024 | 3,888 | 3,888 | 3,845 | 3,864 | 1.00 |
| 3,864 | 3,878 | 3,828 | 3,833 | 1.00 |
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ARCA Major Trading Date Momentum on October 24, 2024
| On October 25 2024 ARCA Major Markets was traded for 3,833 at the closing time. The highest price during the trading period was 3,878 and the lowest recorded bid was listed for 3,828 . There was no trading activity during the period 1.0. Lack of trading volume on October 25, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.82% . The overall trading delta to the current price is 1.51% . |
Price Boundaries
ARCA Major Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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ARCA Major November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how ARCA Major index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ARCA Major shares will generate the highest return on investment. By undertsting and applying ARCA Major index market strength indicators, traders can identify ARCA Major Markets entry and exit signals to maximize returns
ARCA Major Technical Drivers
ARCA Major November 27, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ARCA Major's price direction in advance. Along with the technical and fundamental analysis of ARCA Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of ARCA 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 | 0.0887 | |||
| Mean Deviation | 0.5057 | |||
| Semi Deviation | 0.5131 | |||
| Downside Deviation | 0.6389 | |||
| Coefficient Of Variation | 848.17 | |||
| Standard Deviation | 0.6691 | |||
| Variance | 0.4476 | |||
| Information Ratio | (0.08) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.08) | |||
| Maximum Drawdown | 3.29 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 0.9103 | |||
| Downside Variance | 0.4082 | |||
| Semi Variance | 0.2632 | |||
| Expected Short fall | (0.52) | |||
| Skewness | 0.5283 | |||
| Kurtosis | 2.57 |
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