Strategy Shares Newfoundresolve Etf Price History
ROMO Etf | USD 32.25 0.12 0.37% |
Below is the normalized historical share price chart for Strategy Shares NewfoundReSolve extending back to November 04, 2019. 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 Strategy Shares stands at 32.25, as last reported on the 24th of November, with the highest price reaching 32.26 and the lowest price hitting 32.17 during the day.
If you're considering investing in Strategy Etf, it is important to understand the factors that can impact its price. As of now, Strategy Etf is very steady. Strategy Shares Newf owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the etf had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Strategy Shares NewfoundReSolve, which you can use to evaluate the volatility of the etf. Please validate Strategy Shares' Semi Deviation of 0.5846, risk adjusted performance of 0.1007, and Coefficient Of Variation of 754.76 to confirm if the risk estimate we provide is consistent with the expected return of 0.0817%.
Strategy Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 10.9 | 200 Day MA 29.7595 | 1 y Volatility 9.65 | 50 Day MA 31.5584 | Inception Date 2019-11-01 |
Strategy |
Sharpe Ratio = 0.1181
Best Portfolio | Best Equity | |||
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Cash | ROMO | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Strategy Shares is performing at about 9% 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 Strategy Shares by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 332.7 K |
Strategy Shares Etf Price History Chart
There are several ways to analyze Strategy Shares NewfoundReSolve Etf price data. The simplest method is using a basic Strategy candlestick price chart, which shows Strategy Shares 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 8, 2024 | 32.44 |
Lowest Price | September 6, 2024 | 29.67 |
Strategy Shares November 24, 2024 Etf Price Synopsis
Various analyses of Strategy Shares' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Strategy Etf. It can be used to describe the percentage change in the price of Strategy Shares from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Strategy Etf.Strategy Shares Price Action Indicator | 0.09 | |
Strategy Shares Price Rate Of Daily Change | 1.00 | |
Strategy Shares Price Daily Balance Of Power | 1.33 |
Strategy Shares November 24, 2024 Etf Price Analysis
Strategy Etf Price History Data
The price series of Strategy Shares for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 has a statistical range of 2.77 with a coefficient of variation of 2.12. The price distribution for the period has arithmetic mean of 31.3. The median price for the last 90 days is 31.39. The company had dividends distributed to its stock-holders on December 27, 2019.Open | High | Low | Close | Volume | ||
11/24/2024 | 32.17 | 32.26 | 32.17 | 32.25 | ||
11/22/2024 | 32.17 | 32.26 | 32.17 | 32.25 | 1,900 | |
11/21/2024 | 32.00 | 32.20 | 32.00 | 32.13 | 1,400 | |
11/20/2024 | 31.78 | 31.94 | 31.78 | 31.94 | 1,300 | |
11/19/2024 | 31.82 | 31.92 | 31.81 | 31.88 | 1,970 | |
11/18/2024 | 31.87 | 31.87 | 31.81 | 31.81 | 1,200 | |
11/15/2024 | 31.81 | 31.88 | 31.71 | 31.71 | 500.00 | |
11/14/2024 | 32.32 | 32.33 | 32.10 | 32.10 | 1,300 | |
11/13/2024 | 32.33 | 32.34 | 32.33 | 32.34 | 800.00 | |
11/12/2024 | 32.37 | 32.37 | 32.22 | 32.30 | 2,000 | |
11/11/2024 | 32.37 | 32.42 | 32.37 | 32.42 | 1,400 | |
11/08/2024 | 32.44 | 32.44 | 32.44 | 32.44 | 800.00 | |
11/07/2024 | 32.33 | 32.39 | 32.32 | 32.39 | 5,400 | |
11/06/2024 | 32.04 | 32.13 | 32.04 | 32.10 | 2,400 | |
11/05/2024 | 31.40 | 31.49 | 31.40 | 31.49 | 2,881 | |
11/04/2024 | 31.27 | 31.27 | 31.01 | 31.05 | 1,690 | |
11/01/2024 | 31.18 | 31.19 | 31.11 | 31.11 | 1,600 | |
10/31/2024 | 31.15 | 31.19 | 31.05 | 31.05 | 1,800 | |
10/30/2024 | 31.69 | 31.75 | 31.53 | 31.53 | 900.00 | |
10/29/2024 | 31.64 | 31.67 | 31.59 | 31.66 | 11,100 | |
10/28/2024 | 31.65 | 31.72 | 31.58 | 31.58 | 4,857 | |
10/25/2024 | 32.36 | 32.36 | 31.59 | 31.59 | 1,476 | |
10/24/2024 | 31.47 | 31.61 | 31.47 | 31.61 | 3,034 | |
10/23/2024 | 31.70 | 31.70 | 31.51 | 31.55 | 2,241 | |
10/22/2024 | 31.66 | 31.83 | 31.66 | 31.83 | 3,133 | |
10/21/2024 | 31.80 | 31.86 | 31.70 | 31.86 | 58,775 | |
10/18/2024 | 31.89 | 31.94 | 31.89 | 31.94 | 22,219 | |
10/17/2024 | 31.82 | 31.91 | 31.81 | 31.81 | 5,300 | |
10/16/2024 | 31.69 | 31.82 | 31.69 | 31.81 | 6,700 | |
10/15/2024 | 31.81 | 31.81 | 31.54 | 31.60 | 3,200 | |
10/14/2024 | 31.74 | 31.91 | 31.74 | 31.87 | 1,500 | |
10/11/2024 | 31.56 | 31.66 | 31.56 | 31.64 | 600.00 | |
10/10/2024 | 31.57 | 31.57 | 31.39 | 31.47 | 7,379 | |
10/09/2024 | 31.45 | 31.57 | 31.45 | 31.57 | 1,072 | |
10/08/2024 | 31.30 | 31.34 | 31.27 | 31.34 | 2,000 | |
10/07/2024 | 31.31 | 31.32 | 31.06 | 31.06 | 2,000 | |
10/04/2024 | 31.20 | 31.35 | 31.16 | 31.35 | 4,000 | |
10/03/2024 | 31.08 | 31.09 | 31.01 | 31.09 | 2,526 | |
10/02/2024 | 31.27 | 31.27 | 31.15 | 31.19 | 1,800 | |
10/01/2024 | 31.11 | 31.22 | 31.11 | 31.19 | 1,100 | |
09/30/2024 | 31.35 | 31.45 | 31.35 | 31.45 | 400.00 | |
09/27/2024 | 31.41 | 31.44 | 31.39 | 31.39 | 1,974 | |
09/26/2024 | 31.36 | 31.46 | 31.29 | 31.46 | 652.00 | |
09/25/2024 | 31.32 | 31.32 | 31.25 | 31.25 | 1,400 | |
09/24/2024 | 31.14 | 31.34 | 31.14 | 31.34 | 2,863 | |
09/23/2024 | 30.95 | 31.23 | 30.95 | 31.21 | 1,500 | |
09/20/2024 | 31.02 | 31.13 | 31.01 | 31.13 | 3,881 | |
09/19/2024 | 31.25 | 31.25 | 31.21 | 31.21 | 800.00 | |
09/18/2024 | 30.73 | 30.85 | 30.73 | 30.73 | 500.00 | |
09/17/2024 | 30.96 | 30.96 | 30.73 | 30.79 | 1,678 | |
09/16/2024 | 30.74 | 30.82 | 30.73 | 30.82 | 1,088 | |
09/13/2024 | 30.77 | 30.78 | 30.68 | 30.76 | 3,700 | |
09/12/2024 | 30.44 | 30.58 | 30.42 | 30.58 | 2,300 | |
09/11/2024 | 29.92 | 30.39 | 29.92 | 30.39 | 2,300 | |
09/10/2024 | 30.05 | 30.10 | 30.03 | 30.10 | 816.00 | |
09/09/2024 | 29.87 | 29.97 | 29.84 | 29.91 | 6,174 | |
09/06/2024 | 29.83 | 29.83 | 29.67 | 29.67 | 3,600 | |
09/05/2024 | 30.05 | 30.05 | 30.05 | 30.05 | 317.00 | |
09/04/2024 | 30.18 | 30.22 | 30.13 | 30.22 | 1,500 | |
09/03/2024 | 30.34 | 30.50 | 30.24 | 30.24 | 1,851 | |
08/30/2024 | 30.59 | 30.78 | 30.59 | 30.78 | 1,900 |
About Strategy Shares Etf history
Strategy Shares 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 Strategy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Strategy Shares Newf 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 Strategy Shares stock prices may prove useful in developing a viable investing in Strategy Shares
The fund employs a passive management investment approach designed to track the total return performance, before fees and expenses, of the NewfoundReSolve Robust Equity Momentum Index. Strategy Shares is traded on BATS Exchange in the United States.
Strategy Shares Etf Technical Analysis
Strategy Shares 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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Strategy Shares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Strategy Shares' price direction in advance. Along with the technical and fundamental analysis of Strategy Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Strategy 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 | 0.1007 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.1109 |
Cycle Indicators | ||
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Strategy Shares NewfoundReSolve. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Strategy Etf, please use our How to Invest in Strategy Shares guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Strategy Shares Newf is measured differently than its book value, which is the value of Strategy that is recorded on the company's balance sheet. Investors also form their own opinion of Strategy Shares' value that differs from its market value or its book value, called intrinsic value, which is Strategy Shares' 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 Strategy Shares' market value can be influenced by many factors that don't directly affect Strategy Shares' 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 Strategy Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Strategy Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strategy Shares' 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.