NewWave Platinum (South Africa) Price History

Etfs . South Africa . 
Etf . NewWave Platinum Exchange
NEWPLT Etf   16,105  298.00  1.82%   
If you're considering investing in NewWave Etf, it is important to understand the factors that can impact its price. As of today, the current price of NewWave Platinum stands at 16,105, as last reported on the 29th of November, with the highest price reaching 16,105 and the lowest price hitting 16,105 during the day. At this point, NewWave Platinum is very steady. NewWave Platinum Exchange has Sharpe Ratio of 0.0283, which conveys that the entity had a 0.0283% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for NewWave Platinum, which you can use to evaluate the volatility of the etf. Please verify NewWave Platinum's Mean Deviation of 0.9262, insignificant risk adjusted performance, and Standard Deviation of 1.45 to check out if the risk estimate we provide is consistent with the expected return of 0.0412%.
  
NewWave Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0283

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Estimated Market Risk

 1.46
  actual daily
13
87% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average NewWave Platinum is performing at about 2% 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 NewWave Platinum by adding it to a well-diversified portfolio.

NewWave Platinum Etf Price History Chart

There are several ways to analyze NewWave Platinum Exchange Etf price data. The simplest method is using a basic NewWave candlestick price chart, which shows NewWave Platinum 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 PriceOctober 29, 202417690.0
Lowest PriceSeptember 4, 202415538.0

NewWave Platinum November 29, 2024 Etf Price Synopsis

Various analyses of NewWave Platinum's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell NewWave Etf. It can be used to describe the percentage change in the price of NewWave Platinum from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of NewWave Etf.
NewWave Platinum Price Rate Of Daily Change 0.98 
NewWave Platinum Price Action Indicator(149.00)

NewWave Platinum November 29, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in NewWave Platinum Exchange Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use NewWave Platinum intraday prices and daily technical indicators to check the level of noise trading in NewWave Platinum Exchange Etf and then apply it to test your longer-term investment strategies against NewWave.

NewWave Etf Price History Data

OpenHighLowCloseVolume
11/29/2024
 16,105  16,105  16,105  16,105 
11/27/2024 16,105  16,105  16,105  16,105  1.00 
11/26/2024 16,504  16,504  15,945  16,105  361.00 
11/25/2024 16,718  16,718  16,403  16,403  15.00 
11/22/2024 16,716  16,716  16,716  16,716  1.00 
11/21/2024 16,716  16,716  16,716  16,716  1.00 
11/20/2024 16,716  16,716  16,716  16,716  1.00 
11/19/2024 16,468  17,012  16,468  16,716  102.00 
11/18/2024 16,855  16,855  16,555  16,555  5.00 
11/15/2024 16,340  16,496  16,340  16,496  74.00 
11/14/2024 16,178  16,259  16,178  16,259  39.00 
11/13/2024 16,266  16,266  16,252  16,252  1.00 
11/12/2024 16,743  16,743  16,410  16,410  61.00 
11/11/2024 16,306  16,625  16,306  16,625  2.00 
11/08/2024 16,338  16,338  16,338  16,338  1.00 
11/07/2024 16,099  16,614  16,099  16,338  2.00 
11/06/2024 16,257  16,353  16,257  16,353  82.00 
11/05/2024 16,864  16,926  16,453  16,646  32.00 
11/04/2024 17,088  17,101  16,571  16,577  158.00 
11/01/2024 16,564  16,702  16,564  16,702  1.00 
10/31/2024 17,288  17,288  16,790  16,790  140.00 
10/30/2024 17,187  17,187  17,146  17,146  280.00 
10/29/2024 18,130  18,130  17,690  17,690  15.00 
10/28/2024 17,561  17,561  17,470  17,470  49.00 
10/25/2024 17,382  17,382  17,375  17,375  15.00 
10/24/2024 17,223  17,223  17,223  17,223  1.00 
10/23/2024 17,223  17,223  17,223  17,223  1.00 
10/22/2024 17,416  17,416  17,223  17,223  1.00 
10/21/2024 16,914  16,950  16,914  16,950  7.00 
10/18/2024 16,779  16,810  16,779  16,810  1.00 
10/17/2024 16,872  17,132  16,872  17,132  6.00 
10/16/2024 17,019  17,056  16,768  16,768  14.00 
10/15/2024 16,037  16,037  16,037  16,037  1.00 
10/14/2024 16,037  16,037  16,037  16,037  1.00 
10/11/2024 16,037  16,037  16,037  16,037  1.00 
10/10/2024 16,037  16,037  16,037  16,037  1.00 
10/09/2024 16,037  16,037  16,037  16,037  1.00 
10/08/2024 16,396  16,396  16,037  16,037  9.00 
10/07/2024 16,792  16,792  16,089  16,208  28.00 
10/04/2024 16,494  16,494  16,494  16,494  1.00 
10/03/2024 16,262  16,774  16,262  16,494  176.00 
10/02/2024 17,131  17,131  16,691  16,691  2.00 
10/01/2024 16,072  16,439  16,072  16,439  1.00 
09/30/2024 16,257  16,257  16,257  16,257  1.00 
09/27/2024 16,257  16,257  16,257  16,257  1.00 
09/26/2024 16,257  16,257  16,257  16,257  1.00 
09/25/2024 16,553  16,553  16,068  16,257  17.00 
09/23/2024 16,356  16,356  15,991  15,991  12.00 
09/20/2024 16,429  16,429  16,429  16,429  1.00 
09/19/2024 16,363  16,429  16,363  16,429  30.00 
09/18/2024 16,530  16,530  16,530  16,530  1.00 
09/17/2024 16,403  16,913  16,403  16,530  272.00 
09/16/2024 17,090  17,099  16,791  16,791  400.00 
09/13/2024 16,751  16,921  16,751  16,921  400.00 
09/12/2024 16,176  16,176  16,176  16,176  1.00 
09/11/2024 16,176  16,176  16,176  16,176  1.00 
09/10/2024 16,176  16,176  16,176  16,176  1.00 
09/09/2024 16,443  16,443  15,974  16,176  3.00 
09/06/2024 15,538  15,538  15,538  15,538  1.00 
09/05/2024 15,538  15,538  15,538  15,538  1.00 
09/04/2024 15,538  15,538  15,538  15,538  1.00 

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NewWave Platinum Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NewWave Platinum's price direction in advance. Along with the technical and fundamental analysis of NewWave Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of NewWave 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)
Jensen Alpha(0.03)
Total Risk Alpha(0.24)
Treynor Ratio(0.86)
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