Exchange Traded is trading at 38.84 as of the 30th of November 2024. This is a 0.1 percent decrease since the beginning of the trading day. The etf's lowest day price was 38.39. Exchange Traded has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Exchange Traded Concepts are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund will normally invest at least 80 percent of its total assets in securities of the index or in depositary receipts representing securities of the index. Nifty India is traded on NYSEARCA Exchange in the United States. More on Exchange Traded Concepts
Exchange Traded Concepts Trust - Nifty India Financials ETF
Currency Code
USD
Open Figi
BBG00WNXRT99
In Threey Volatility
14.84
1y Volatility
11.19
200 Day M A
37.6982
50 Day M A
39.2364
Code
INDF
Updated At
30th of November 2024
Currency Name
US Dollar
In Threey Sharp Ratio
0.21
Exchange Traded Concepts [INDF] is traded in USA and was established 2020-10-20. The fund is listed under India Equity category and is part of Exchange Traded Concepts family. The entity is thematically classified as Sector ETFs. Exchange Traded Concepts currently have 7.87 M in assets under management (AUM). , while the total return for the last 3 years was 8.1%.
Check Exchange Traded Probability Of Bankruptcy
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Exchange Traded. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Exchange Traded Concepts is a strong investment it is important to analyze Exchange Traded's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Exchange Traded's future performance. For an informed investment choice regarding Exchange Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Exchange Traded Concepts. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Exchange Traded Concepts is measured differently than its book value, which is the value of Exchange that is recorded on the company's balance sheet. Investors also form their own opinion of Exchange Traded's value that differs from its market value or its book value, called intrinsic value, which is Exchange Traded'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 Exchange Traded's market value can be influenced by many factors that don't directly affect Exchange Traded'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 Exchange Traded's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Traded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Traded'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.