Arca Oil Index Price on September 24, 2024
| XOI Index | 1,856 5.04 0.27% |
Below is the normalized historical share price chart for ARCA Oil extending back to October 25, 1984. 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 Oil stands at 1,856, as last reported on the 11th of December 2024, with the highest price reaching 1,860 and the lowest price hitting 1,843 during the day.
If you're considering investing in ARCA Index, it is important to understand the factors that can impact its price. ARCA Oil retains Efficiency (Sharpe Ratio) of 0.0186, which signifies that the index had a 0.0186% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for ARCA Oil, 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 = 0.0186
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XOI |
Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average ARCA Oil is performing at about 1% 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 Oil by adding it to a well-diversified portfolio.
ARCA Oil Valuation on September 24, 2024
It is possible to determine the worth of ARCA Oil on a given historical date. On September 24, 2024 ARCA was worth 1924.86 at the beginning of the trading date compared to the closed value of 1918.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ARCA Oil index. Still, in general, we apply an absolute valuation method to find ARCA Oil'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 Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ARCA Oil's related companies.
| Open | High | Low | Close | Volume | |
| 1,907 | 1,939 | 1,904 | 1,925 | 1.00 | |
09/24/2024 | 1,925 | 1,949 | 1,918 | 1,918 | 1.00 |
| 1,918 | 1,918 | 1,879 | 1,882 | 1.00 |
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ARCA Oil Trading Date Momentum on September 24, 2024
| On September 25 2024 ARCA Oil was traded for 1,882 at the closing time. The highest price during the trading period was 1,918 and the lowest recorded bid was listed for 1,879 . There was no trading activity during the period 1.0. Lack of trading volume on September 25, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.90% . The overall trading delta to the current price is 3.77% . |
Price Boundaries
ARCA Oil Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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ARCA Oil December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how ARCA Oil 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 Oil shares will generate the highest return on investment. By undertsting and applying ARCA Oil index market strength indicators, traders can identify ARCA Oil entry and exit signals to maximize returns
ARCA Oil Technical Drivers
ARCA Oil December 11, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ARCA Oil'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 | 0.0174 | |||
| Mean Deviation | 0.9463 | |||
| Semi Deviation | 1.44 | |||
| Downside Deviation | 1.5 | |||
| Coefficient Of Variation | 5522.26 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.64 | |||
| Information Ratio | (0.08) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.07) | |||
| Maximum Drawdown | 6.38 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 1.74 | |||
| Downside Variance | 2.25 | |||
| Semi Variance | 2.07 | |||
| Expected Short fall | (0.87) | |||
| Skewness | (0.57) | |||
| Kurtosis | 1.17 |
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