Zacks Trust Etf Price on November 14, 2024
| ZECP Etf | USD 31.77 0.08 0.25% |
If you're considering investing in Zacks Etf, it is important to understand the factors that can impact its price. As of today, the current price of Zacks Trust stands at 31.77, as last reported on the 11th of December 2024, with the highest price reaching 31.84 and the lowest price hitting 31.76 during the day. Currently, Zacks Trust is very steady. Zacks Trust shows Sharpe Ratio of 0.13, which attests that the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zacks Trust, which you can use to evaluate the volatility of the etf. Please check out Zacks Trust's Mean Deviation of 0.4426, downside deviation of 0.5314, and Market Risk Adjusted Performance of 0.1246 to validate if the risk estimate we provide is consistent with the expected return of 0.0774%.
Zacks Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Zacks |
Sharpe Ratio = 0.1335
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Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Zacks Trust is performing at about 10% 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 Zacks Trust by adding it to a well-diversified portfolio.
Zacks Trust Valuation on November 14, 2024
It is possible to determine the worth of Zacks Trust on a given historical date. On November 14, 2024 Zacks was worth 31.73 at the beginning of the trading date compared to the closed value of 31.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zacks Trust etf. Still, in general, we apply an absolute valuation method to find Zacks Trust'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 Zacks Trust where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zacks Trust's related companies.
| Open | High | Low | Close | Volume | |
| 31.76 | 31.90 | 31.59 | 31.70 | 88,706 | |
11/14/2024 | 31.73 | 31.73 | 31.40 | 31.43 | 37,500 |
| 31.28 | 31.28 | 31.03 | 31.11 | 164,173 |
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Zacks Trust Trading Date Momentum on November 14, 2024
| On November 15 2024 Zacks Trust was traded for 31.11 at the closing time. The top price for the day was 31.28 and the lowest listed price was 31.03 . The trading volume for the day was 164.2 K. The trading history from November 15, 2024 was a factor to the next trading day price decrease. The trading date delta against the next closing price was 1.02% . The trading date delta against the current closing price is 1.53% . |
Zacks Trust Fundamentals Correlations and Trends
By evaluating Zacks Trust'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 Zacks Trust's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zacks financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zacks Trust Etf history
Zacks Trust 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 Zacks is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zacks Trust 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 Zacks Trust stock prices may prove useful in developing a viable investing in Zacks Trust
The advisor pursues the funds investment objective by constructing a portfolio of companies that exhibit a track record of moving through recessionary periods with little to minimal impact on aggregate earnings growth relative to the overall equity market. Zacks Earnings is traded on BATS Exchange in the United States.
Zacks Trust Etf Technical Analysis
Zacks Trust 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
Zacks Trust Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Zacks Trust December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Zacks Trust etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zacks Trust shares will generate the highest return on investment. By undertsting and applying Zacks Trust etf market strength indicators, traders can identify Zacks Trust entry and exit signals to maximize returns
Zacks Trust Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zacks Trust's price direction in advance. Along with the technical and fundamental analysis of Zacks Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zacks 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 | 0.1111 | |||
| Jensen Alpha | 1.0E-4 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1146 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zacks Trust . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Zacks Trust is measured differently than its book value, which is the value of Zacks that is recorded on the company's balance sheet. Investors also form their own opinion of Zacks Trust's value that differs from its market value or its book value, called intrinsic value, which is Zacks Trust'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 Zacks Trust's market value can be influenced by many factors that don't directly affect Zacks Trust'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 Zacks Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zacks Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zacks Trust'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.