Purpose Floating Rate Etf Price History
| FLOT-U Etf | USD 6.16 0.00 0.00% |
Below is the normalized historical share price chart for Purpose Floating Rate extending back to June 17, 2011. 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 Purpose Floating stands at 6.16, as last reported on the 26th of November, with the highest price reaching 6.16 and the lowest price hitting 6.16 during the day.
If you're considering investing in Purpose Etf, it is important to understand the factors that can impact its price. At this point, Purpose Floating is very steady. Purpose Floating Rate maintains Sharpe Ratio (i.e., Efficiency) of 0.0747, which implies the entity had a 0.0747% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Purpose Floating Rate, which you can use to evaluate the volatility of the etf. Please check Purpose Floating's Risk Adjusted Performance of 0.0618, coefficient of variation of 1191.08, and Variance of 0.3822 to confirm if the risk estimate we provide is consistent with the expected return of 0.0471%.
Purpose Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 6.7451 | 50 Day MA 6.5204 | Beta 1.36 |
Purpose |
Sharpe Ratio = 0.0747
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| Negative Returns | FLOT-U |
Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Purpose Floating is performing at about 5% 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 Purpose Floating by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Purpose Floating Etf Price History Chart
There are several ways to analyze Purpose Floating Rate Etf price data. The simplest method is using a basic Purpose candlestick price chart, which shows Purpose Floating 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 | November 6, 2024 | 6.16 |
| Lowest Price | October 1, 2024 | 5.81 |
Purpose Floating November 26, 2024 Etf Price Synopsis
Various analyses of Purpose Floating's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Purpose Etf. It can be used to describe the percentage change in the price of Purpose Floating from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Purpose Etf.| Purpose Floating Price Rate Of Daily Change | 1.00 |
Purpose Floating November 26, 2024 Etf Price Analysis
Purpose Etf Price History Data
The price series of Purpose Floating for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 has a statistical range of 0.35 with a coefficient of variation of 1.95. Under current investment horizon, the daily prices are spread out with arithmetic mean of 5.97. The median price for the last 90 days is 5.99. The company completed dividends distribution on January 28, 2020.| Open | High | Low | Close | Volume | ||
11/26/2024 | 6.16 | 6.16 | 6.16 | 6.16 | ||
| 11/22/2024 | 6.16 | 6.16 | 6.16 | 6.16 | 1.00 | |
| 11/21/2024 | 6.16 | 6.16 | 6.16 | 6.16 | 1.00 | |
| 11/20/2024 | 6.16 | 6.16 | 6.16 | 6.16 | 1.00 | |
| 11/19/2024 | 6.16 | 6.16 | 6.16 | 6.16 | 1.00 | |
| 11/18/2024 | 6.16 | 6.16 | 6.16 | 6.16 | 1.00 | |
| 11/15/2024 | 6.16 | 6.16 | 6.16 | 6.16 | 1.00 | |
| 11/14/2024 | 6.16 | 6.16 | 6.16 | 6.16 | 1.00 | |
| 11/13/2024 | 6.16 | 6.16 | 6.16 | 6.16 | 1.00 | |
| 11/12/2024 | 6.16 | 6.16 | 6.16 | 6.16 | 1.00 | |
| 11/11/2024 | 6.16 | 6.16 | 6.16 | 6.16 | 1.00 | |
| 11/08/2024 | 6.16 | 6.16 | 6.16 | 6.16 | 1.00 | |
| 11/07/2024 | 6.16 | 6.16 | 6.16 | 6.16 | 1.00 | |
| 11/06/2024 | 6.16 | 6.16 | 6.16 | 6.16 | 100.00 | |
| 11/05/2024 | 6.00 | 6.00 | 6.00 | 6.00 | 1.00 | |
| 11/04/2024 | 6.00 | 6.00 | 6.00 | 6.00 | 1.00 | |
| 11/01/2024 | 6.00 | 6.00 | 6.00 | 6.00 | 2,300 | |
| 10/31/2024 | 5.86 | 5.86 | 5.86 | 5.86 | 1.00 | |
| 10/30/2024 | 5.86 | 5.86 | 5.86 | 5.86 | 1.00 | |
| 10/29/2024 | 5.86 | 5.86 | 5.86 | 5.86 | 1.00 | |
| 10/28/2024 | 5.82 | 5.82 | 5.82 | 5.82 | 1.00 | |
| 10/25/2024 | 5.82 | 5.82 | 5.82 | 5.82 | 1.00 | |
| 10/24/2024 | 5.82 | 5.82 | 5.82 | 5.82 | 1.00 | |
| 10/23/2024 | 5.82 | 5.82 | 5.82 | 5.82 | 1.00 | |
| 10/22/2024 | 5.82 | 5.82 | 5.82 | 5.82 | 1.00 | |
| 10/21/2024 | 5.82 | 5.82 | 5.82 | 5.82 | 1.00 | |
| 10/18/2024 | 5.86 | 5.86 | 5.86 | 5.86 | 1.00 | |
| 10/17/2024 | 5.86 | 5.86 | 5.86 | 5.86 | 1.00 | |
| 10/16/2024 | 5.86 | 5.86 | 5.86 | 5.86 | 1.00 | |
| 10/15/2024 | 5.86 | 5.86 | 5.86 | 5.86 | 1.00 | |
| 10/11/2024 | 5.86 | 5.86 | 5.86 | 5.86 | 1.00 | |
| 10/10/2024 | 5.86 | 5.86 | 5.86 | 5.86 | 1.00 | |
| 10/09/2024 | 5.86 | 5.86 | 5.86 | 5.86 | 1.00 | |
| 10/08/2024 | 5.86 | 5.86 | 5.86 | 5.86 | 1,500 | |
| 10/07/2024 | 5.81 | 5.81 | 5.81 | 5.81 | 1.00 | |
| 10/04/2024 | 5.81 | 5.81 | 5.81 | 5.81 | 1.00 | |
| 10/03/2024 | 5.81 | 5.81 | 5.81 | 5.81 | 1.00 | |
| 10/02/2024 | 5.81 | 5.81 | 5.81 | 5.81 | 1.00 | |
| 10/01/2024 | 5.81 | 5.81 | 5.81 | 5.81 | 250.00 | |
| 09/30/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 09/27/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 09/26/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 09/25/2024 | 5.95 | 5.95 | 5.95 | 5.95 | 1.00 | |
| 09/24/2024 | 5.95 | 5.95 | 5.95 | 5.95 | 1.00 | |
| 09/23/2024 | 5.95 | 5.95 | 5.95 | 5.95 | 1.00 | |
| 09/20/2024 | 5.95 | 5.95 | 5.95 | 5.95 | 1.00 | |
| 09/19/2024 | 5.95 | 5.95 | 5.95 | 5.95 | 1.00 | |
| 09/18/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 09/17/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 09/16/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 09/13/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 09/12/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 09/11/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 09/10/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 09/09/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 09/06/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 09/05/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 09/04/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 09/03/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 08/30/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 | |
| 08/29/2024 | 5.99 | 5.99 | 5.99 | 5.99 | 1.00 |
About Purpose Floating Etf history
Purpose Floating 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 Purpose is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Purpose Floating Rate 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 Purpose Floating stock prices may prove useful in developing a viable investing in Purpose Floating
The funds investment objectives are to generate current income and preserve capital by investing primarily in floating rate debt securities, short-term debt securities, high yield debt securities and assetbacked and mortgage-backed securities. PURPOSE FLOATING is traded on Toronto Stock Exchange in Canada.
Purpose Floating Etf Technical Analysis
Purpose Floating 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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Purpose Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Purpose Floating's price direction in advance. Along with the technical and fundamental analysis of Purpose Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Purpose 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 | 0.0618 | |||
| Jensen Alpha | 0.044 | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (2.39) |
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Other Information on Investing in Purpose Etf
Purpose Floating financial ratios help investors to determine whether Purpose Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Purpose with respect to the benefits of owning Purpose Floating security.