Amex Advancing Volume Index Price on December 3, 2024
| AVLU Index | 903.25 735.47 44.88% |
Below is the normalized historical share price chart for AMEX Advancing Volume extending back to November 09, 2009. 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 AMEX Advancing stands at 903.25, as last reported on the 13th of December 2024, with the highest price reaching 912.22 and the lowest price hitting 1.17 during the day.
If you're considering investing in AMEX Index, it is important to understand the factors that can impact its price. AMEX Advancing Volume secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the index had a 0.2% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-six different technical indicators, which can help you to evaluate if expected returns of 11.6% are justified by taking the suggested risk. AMEX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.2026
| Best Portfolio | Best Equity | AVLU | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 57.27 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average AMEX Advancing is performing at about 15% 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 AMEX Advancing by adding it to a well-diversified portfolio.
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AMEX Advancing Valuation on December 3, 2024
It is possible to determine the worth of AMEX Advancing on a given historical date. On December 3, 2024 AMEX was worth 5.15 at the beginning of the trading date compared to the closed value of 1119.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AMEX Advancing index. Still, in general, we apply an absolute valuation method to find AMEX Advancing'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 AMEX Advancing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AMEX Advancing's related companies.
| Open | High | Low | Close | Volume | |
| 124.63 | 1,478 | 124.60 | 1,429 | 1.00 | |
12/03/2024 | 5.15 | 1,145 | 5.15 | 1,120 | 1.00 |
| 10.30 | 958.35 | 10.30 | 958.35 | 1.00 |
| Backtest AMEX Advancing | | | AMEX Advancing History | Previous | Next |
AMEX Advancing Trading Date Momentum on December 3, 2024
| On December 04 2024 AMEX Advancing Volume was traded for 958.35 at the closing time. The highest price during the trading period was 958.35 and the lowest recorded bid was listed for 10.30 . There was no trading activity during the period 1.0. Lack of trading volume on December 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 14.41% . The overall trading delta to the current price is 99.90% . |
Price Boundaries
AMEX Advancing Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
AMEX Advancing Volume cannot be verified against its exchange. Please verify the symbol is currently traded on INDX 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.
AMEX Advancing December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how AMEX Advancing index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AMEX Advancing shares will generate the highest return on investment. By undertsting and applying AMEX Advancing index market strength indicators, traders can identify AMEX Advancing Volume entry and exit signals to maximize returns
AMEX Advancing Technical Drivers
AMEX Advancing December 13, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AMEX Advancing's price direction in advance. Along with the technical and fundamental analysis of AMEX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of AMEX 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 | 0.1594 | |||
| Mean Deviation | 41.12 | |||
| Semi Deviation | 29.36 | |||
| Downside Deviation | 31.11 | |||
| Coefficient Of Variation | 485.72 | |||
| Standard Deviation | 55.99 | |||
| Variance | 3135.41 | |||
| Information Ratio | 0.2039 | |||
| Total Risk Alpha | 3.67 | |||
| Sortino Ratio | 0.367 | |||
| Maximum Drawdown | 280.28 | |||
| Value At Risk | (52.49) | |||
| Potential Upside | 104.52 | |||
| Downside Variance | 967.65 | |||
| Semi Variance | 862.07 | |||
| Expected Short fall | (58.00) | |||
| Skewness | 1.65 | |||
| Kurtosis | 3.57 |
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