Betashares Asia (Australia) Price on September 19, 2024
| ASIA Etf | 10.16 0.04 0.40% |
Below is the normalized historical share price chart for Betashares Asia Technology extending back to September 18, 2018. 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 Betashares Asia stands at 10.16, as last reported on the 14th of December 2024, with the highest price reaching 10.20 and the lowest price hitting 10.09 during the day.
If you're considering investing in Betashares Etf, it is important to understand the factors that can impact its price. Betashares Asia appears to be not too volatile, given 3 months investment horizon. Betashares Asia Tech secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the etf had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Betashares Asia Technology, which you can use to evaluate the volatility of the entity. Please makes use of Betashares Asia's Mean Deviation of 0.971, downside deviation of 1.18, and Risk Adjusted Performance of 0.1309 to double-check if our risk estimates are consistent with your expectations.
Betashares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 9.0559 | 50 Day MA 9.7746 | Inception Date 2018-09-18 | Beta 0.36 |
Betashares |
Sharpe Ratio = 0.1739
| Best Portfolio | Best Equity | |||
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| Average Returns | ||||
| Small Returns | ASIA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Betashares Asia is performing at about 13% 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 Betashares Asia by adding it to a well-diversified portfolio.
Average Mkt Cap Mil AUDÂ 96098 |
Betashares Asia Valuation on September 19, 2024
It is possible to determine the worth of Betashares Asia on a given historical date. On September 19, 2024 Betashares was worth 8.58 at the beginning of the trading date compared to the closed value of 8.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Betashares Asia etf. Still, in general, we apply an absolute valuation method to find Betashares Asia's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Betashares Asia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Betashares Asia's related companies.
| Open | High | Low | Close | Volume | |
| 8.66 | 8.66 | 8.55 | 8.58 | 62,932 | |
09/19/2024 | 8.58 | 8.68 | 8.50 | 8.65 | 109,731 |
| 8.70 | 8.80 | 8.69 | 8.76 | 99,921 |
| Backtest Betashares Asia | | | Betashares Asia History | | | Betashares Asia Valuation | Previous | Next |
Betashares Asia Trading Date Momentum on September 19, 2024
| On September 20 2024 Betashares Asia Technology was traded for 8.76 at the closing time. The highest price during the trading period was 8.80 and the lowest recorded bid was listed for 8.69 . The volume for the day was 99.9 K. This history from September 20, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.27% . The overall trading delta to the current price is 11.68% . |
Betashares Asia Tech Fundamentals Correlations and Trends
By evaluating Betashares Asia's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Betashares Asia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Betashares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Betashares Asia Etf history
Betashares Asia 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 Betashares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Betashares Asia Tech 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 Betashares Asia stock prices may prove useful in developing a viable investing in Betashares Asia
Betashares Asia Etf Technical Analysis
Betashares Asia 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.
Price Boundaries
Betashares Asia Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Betashares Asia Technology cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Betashares Asia December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Betashares Asia etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Betashares Asia shares will generate the highest return on investment. By undertsting and applying Betashares Asia etf market strength indicators, traders can identify Betashares Asia Technology entry and exit signals to maximize returns
Betashares Asia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Betashares Asia's price direction in advance. Along with the technical and fundamental analysis of Betashares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Betashares 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 | 0.1309 | |||
| Jensen Alpha | 0.2322 | |||
| Total Risk Alpha | 0.0603 | |||
| Sortino Ratio | 0.1247 | |||
| Treynor Ratio | 4.56 |
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Other Information on Investing in Betashares Etf
Betashares Asia financial ratios help investors to determine whether Betashares 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 Betashares with respect to the benefits of owning Betashares Asia security.