Acruence Active Hedge Etf Price on November 22, 2024
XVOL Etf | USD 24.14 0.07 0.29% |
If you're considering investing in Acruence Etf, it is important to understand the factors that can impact its price. As of today, the current price of Acruence Active stands at 24.14, as last reported on the 30th of November, with the highest price reaching 24.14 and the lowest price hitting 24.14 during the day. Acruence Active appears to be very steady, given 3 months investment horizon. Acruence Active Hedge secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that the etf had a 0.28% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Acruence Active Hedge, which you can use to evaluate the volatility of the entity. Please makes use of Acruence Active's Downside Deviation of 0.8155, risk adjusted performance of 0.1839, and Mean Deviation of 0.624 to double-check if our risk estimates are consistent with your expectations.
Acruence Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Acruence |
Sharpe Ratio = 0.2763
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Estimated Market Risk
0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.28 actual daily | 21 79% of assets perform better |
Based on monthly moving average Acruence Active is performing at about 21% 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 Acruence Active by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 27.2 K |
Acruence Active Valuation on November 22, 2024
It is possible to determine the worth of Acruence Active on a given historical date. On November 22, 2024 Acruence was worth 23.87 at the beginning of the trading date compared to the closed value of 23.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Acruence Active etf. Still, in general, we apply an absolute valuation method to find Acruence Active'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 Acruence Active where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Acruence Active's related companies.
Open | High | Low | Close | Volume | |
23.32 | 23.74 | 23.30 | 23.74 | 800.00 | |
11/22/2024 | 23.87 | 23.87 | 23.87 | 23.87 | 200.00 |
23.93 | 23.93 | 23.93 | 23.93 | 100.00 |
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Acruence Active Trading Date Momentum on November 22, 2024
On November 25 2024 Acruence Active Hedge was traded for 23.93 at the closing time. The top price for the day was 23.93 and the lowest listed price was 23.93 . The trading volume for the day was 100.0. The trading history from November 25, 2024 was a factor to the next trading day price upswing. The trading price change against the next closing price was 0.25% . The overall trading delta against the current closing price is 1.13% . |
Acruence Active Hedge Fundamentals Correlations and Trends
By evaluating Acruence Active'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 Acruence Active's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Acruence financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Acruence Active Etf history
Acruence Active 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 Acruence is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Acruence Active Hedge 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 Acruence Active stock prices may prove useful in developing a viable investing in Acruence Active
The fund is an actively-managed ETF that seeks to achieve its objective by investing nearly all of the funds assets in a portfolio replicating the constituents and weights of the SP 500, while seeking to reduce volatility by purchasing options contracts on the CBOE Volatility Index. Acruence Active is traded on BATS Exchange in the United States.
Acruence Active Etf Technical Analysis
Acruence Active 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
Acruence Active Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Acruence Active Hedge cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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.
Acruence Active November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Acruence Active etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Acruence Active shares will generate the highest return on investment. By undertsting and applying Acruence Active etf market strength indicators, traders can identify Acruence Active Hedge entry and exit signals to maximize returns
Acruence Active Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Acruence Active's price direction in advance. Along with the technical and fundamental analysis of Acruence Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Acruence 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 | 0.1839 | |||
Jensen Alpha | 0.0863 | |||
Total Risk Alpha | 0.0491 | |||
Sortino Ratio | 0.0697 | |||
Treynor Ratio | 0.2399 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Acruence Active Hedge. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Acruence Active Hedge is measured differently than its book value, which is the value of Acruence that is recorded on the company's balance sheet. Investors also form their own opinion of Acruence Active's value that differs from its market value or its book value, called intrinsic value, which is Acruence Active'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 Acruence Active's market value can be influenced by many factors that don't directly affect Acruence Active'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 Acruence Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acruence Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acruence Active'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.