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.
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
 
Covid
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.

Sharpe Ratio = 0.1181

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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 PriceNovember 8, 202432.44
Lowest PriceSeptember 6, 202429.67

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

When benchmark price declines in a down market, there may be an uptick in Strategy Shares NewfoundReSolve 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 Strategy Shares intraday prices and daily technical indicators to check the level of noise trading in Strategy Shares NewfoundReSolve Etf and then apply it to test your longer-term investment strategies against Strategy.

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.
OpenHighLowCloseVolume
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.
A focus of Strategy Shares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Strategy Shares trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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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.
When determining whether Strategy Shares Newf offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Strategy Shares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Strategy Shares Newfoundresolve Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Strategy Shares Newfoundresolve Etf:
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.