Etracs Bloomberg Commodity Etf Price History
DJCB Etf | USD 20.24 0.14 0.69% |
If you're considering investing in ETRACS Etf, it is important to understand the factors that can impact its price. As of today, the current price of ETRACS Bloomberg stands at 20.24, as last reported on the 1st of December, with the highest price reaching 20.73 and the lowest price hitting 20.24 during the day. At this point, ETRACS Bloomberg is not too volatile. ETRACS Bloomberg Com secures Sharpe Ratio (or Efficiency) of 0.0241, which denotes the etf had a 0.0241% return per unit of volatility over the last 3 months. We have found thirty technical indicators for ETRACS Bloomberg Commodity, which you can use to evaluate the volatility of the entity. Please confirm ETRACS Bloomberg's Market Risk Adjusted Performance of (0.45), mean deviation of 1.58, and Downside Deviation of 2.96 to check if the risk estimate we provide is consistent with the expected return of 0.0601%.
ETRACS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ETRACS |
Sharpe Ratio = 0.0241
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Estimated Market Risk
2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average ETRACS Bloomberg 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 ETRACS Bloomberg by adding it to a well-diversified portfolio.
ETRACS Bloomberg Etf Price History Chart
There are several ways to analyze ETRACS Bloomberg Commodity Etf price data. The simplest method is using a basic ETRACS candlestick price chart, which shows ETRACS Bloomberg price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 11, 2024 | 22.03 |
Lowest Price | September 10, 2024 | 19.5 |
ETRACS Bloomberg December 1, 2024 Etf Price Synopsis
Various analyses of ETRACS Bloomberg's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell ETRACS Etf. It can be used to describe the percentage change in the price of ETRACS Bloomberg from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of ETRACS Etf.ETRACS Bloomberg Price Action Indicator | (0.32) | |
ETRACS Bloomberg Price Daily Balance Of Power | (0.29) | |
ETRACS Bloomberg Price Rate Of Daily Change | 0.99 |
ETRACS Bloomberg December 1, 2024 Etf Price Analysis
ETRACS Etf Price History Data
The price series of ETRACS Bloomberg for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 2.53 with a coefficient of variation of 3.11. Under current investment horizon, the daily prices are spread out with arithmetic mean of 20.79. The median price for the last 90 days is 20.84.Open | High | Low | Close | Volume | ||
12/01/2024 | 20.59 | 20.73 | 20.24 | 20.24 | ||
11/29/2024 | 20.59 | 20.73 | 20.24 | 20.24 | 1,800 | |
11/27/2024 | 20.41 | 20.41 | 20.38 | 20.38 | 105.00 | |
11/26/2024 | 20.67 | 21.09 | 20.67 | 21.09 | 200.00 | |
11/25/2024 | 20.75 | 20.81 | 20.75 | 20.81 | 302.00 | |
11/22/2024 | 20.50 | 22.39 | 20.50 | 20.63 | 702.00 | |
11/21/2024 | 20.80 | 21.50 | 20.75 | 20.75 | 1,613 | |
11/20/2024 | 20.50 | 20.65 | 20.50 | 20.65 | 216.00 | |
11/19/2024 | 20.62 | 20.62 | 20.62 | 20.62 | 1.00 | |
11/18/2024 | 20.62 | 20.62 | 20.62 | 20.62 | 34.00 | |
11/15/2024 | 20.26 | 20.26 | 20.26 | 20.26 | 6.00 | |
11/14/2024 | 20.10 | 20.10 | 20.10 | 20.10 | 100.00 | |
11/13/2024 | 21.00 | 21.00 | 20.45 | 20.45 | 1,200 | |
11/12/2024 | 20.72 | 20.72 | 20.72 | 20.72 | 1.00 | |
11/11/2024 | 21.71 | 21.71 | 20.72 | 20.72 | 503.00 | |
11/08/2024 | 21.71 | 21.71 | 21.71 | 21.71 | 1.00 | |
11/07/2024 | 21.71 | 21.71 | 21.71 | 21.71 | 1.00 | |
11/06/2024 | 21.14 | 21.14 | 20.56 | 20.56 | 200.00 | |
11/05/2024 | 21.71 | 21.71 | 21.71 | 21.71 | 109.00 | |
11/04/2024 | 21.49 | 21.49 | 20.62 | 20.62 | 100.00 | |
11/01/2024 | 21.66 | 21.66 | 21.66 | 21.66 | 1.00 | |
10/31/2024 | 21.66 | 21.66 | 21.66 | 21.66 | 1.00 | |
10/30/2024 | 21.66 | 21.66 | 21.66 | 21.66 | 2.00 | |
10/29/2024 | 21.47 | 21.47 | 20.59 | 20.59 | 401.00 | |
10/28/2024 | 20.86 | 20.86 | 20.86 | 20.86 | 1.00 | |
10/25/2024 | 20.86 | 20.86 | 20.86 | 20.86 | 25.00 | |
10/24/2024 | 20.86 | 20.86 | 20.86 | 20.86 | 218.00 | |
10/23/2024 | 20.65 | 20.65 | 20.65 | 20.65 | 12.00 | |
10/22/2024 | 21.92 | 21.92 | 21.92 | 21.92 | 1.00 | |
10/21/2024 | 20.84 | 20.84 | 20.84 | 20.84 | 1.00 | |
10/18/2024 | 20.84 | 20.84 | 20.84 | 20.84 | 1.00 | |
10/17/2024 | 20.84 | 20.84 | 20.84 | 20.84 | 1.00 | |
10/16/2024 | 20.84 | 20.84 | 20.84 | 20.84 | 1.00 | |
10/15/2024 | 20.84 | 20.84 | 20.84 | 20.84 | 1.00 | |
10/14/2024 | 20.84 | 20.84 | 20.84 | 20.84 | 1.00 | |
10/11/2024 | 22.03 | 22.03 | 22.03 | 22.03 | 1.00 | |
10/10/2024 | 21.27 | 21.27 | 21.27 | 21.27 | 1.00 | |
10/09/2024 | 21.02 | 21.14 | 21.02 | 21.14 | 101.00 | |
10/08/2024 | 21.89 | 21.89 | 21.89 | 21.89 | 2.00 | |
10/07/2024 | 20.70 | 21.89 | 20.70 | 21.89 | 1,605 | |
10/04/2024 | 21.25 | 21.25 | 21.25 | 21.25 | 1.00 | |
10/03/2024 | 19.95 | 21.23 | 19.95 | 21.15 | 244.00 | |
10/02/2024 | 21.23 | 21.23 | 21.23 | 21.23 | 1.00 | |
10/01/2024 | 21.10 | 21.26 | 21.10 | 21.23 | 937.00 | |
09/30/2024 | 21.19 | 21.19 | 21.19 | 21.19 | 100.00 | |
09/27/2024 | 21.96 | 21.96 | 21.96 | 21.96 | 1.00 | |
09/26/2024 | 20.93 | 20.93 | 20.93 | 20.93 | 96.00 | |
09/25/2024 | 21.21 | 21.21 | 20.93 | 20.93 | 500.00 | |
09/24/2024 | 21.15 | 21.15 | 21.15 | 21.15 | 100.00 | |
09/23/2024 | 20.20 | 21.49 | 20.20 | 21.49 | 115.00 | |
09/20/2024 | 20.30 | 20.32 | 20.30 | 20.32 | 421.00 | |
09/19/2024 | 20.42 | 20.42 | 20.22 | 20.37 | 500.00 | |
09/18/2024 | 20.25 | 20.25 | 20.25 | 20.25 | 1.00 | |
09/17/2024 | 20.00 | 20.05 | 20.00 | 20.05 | 8,963 | |
09/16/2024 | 20.33 | 20.33 | 20.33 | 20.33 | 396.00 | |
09/13/2024 | 20.20 | 20.20 | 20.20 | 20.20 | 21.00 | |
09/12/2024 | 19.86 | 19.86 | 19.86 | 19.86 | 1.00 | |
09/11/2024 | 19.72 | 19.72 | 19.72 | 19.72 | 4.00 | |
09/10/2024 | 20.04 | 20.04 | 19.50 | 19.50 | 252.00 | |
09/09/2024 | 19.66 | 19.66 | 19.66 | 19.66 | 1.00 | |
09/06/2024 | 19.73 | 19.73 | 19.73 | 19.73 | 1.00 |
About ETRACS Bloomberg Etf history
ETRACS Bloomberg 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 ETRACS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ETRACS Bloomberg Com 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 ETRACS Bloomberg stock prices may prove useful in developing a viable investing in ETRACS Bloomberg
ETRACS Bloomberg Etf Technical Analysis
ETRACS Bloomberg 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.
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ETRACS Bloomberg Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ETRACS Bloomberg's price direction in advance. Along with the technical and fundamental analysis of ETRACS Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ETRACS 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 | 0.0254 | |||
Jensen Alpha | 0.0641 | |||
Total Risk Alpha | (0.37) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | (0.46) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ETRACS Bloomberg Commodity. 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of ETRACS Bloomberg Com is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Bloomberg'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 ETRACS Bloomberg's market value can be influenced by many factors that don't directly affect ETRACS Bloomberg'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 ETRACS Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Bloomberg'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.