Arca Biotechnology Index Price on November 8, 2024
| BTK Index | 5,665 53.50 0.94% |
Below is the normalized historical share price chart for ARCA Biotechnology extending back to March 24, 1992. 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 ARCA Biotechnology stands at 5,665, as last reported on the 19th of December, with the highest price reaching 5,720 and the lowest price hitting 5,665 during the day.
If you're considering investing in ARCA Index, it is important to understand the factors that can impact its price. ARCA Biotechnology retains Efficiency (Sharpe Ratio) of 0.011, which signifies that the index had a 0.011% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for ARCA Biotechnology, which you can use to evaluate the volatility of the entity. ARCA Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.011
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BTK |
Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ARCA Biotechnology is not performing at its full potential. However, 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 ARCA Biotechnology by adding ARCA Biotechnology to a well-diversified portfolio.
ARCA Biotechnology Valuation on November 8, 2024
It is possible to determine the worth of ARCA Biotechnology on a given historical date. On November 8, 2024 ARCA was worth 6127.46 at the beginning of the trading date compared to the closed value of 6154.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ARCA Biotechnology index. Still, in general, we apply an absolute valuation method to find ARCA Biotechnology'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 ARCA Biotechnology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ARCA Biotechnology's related companies.
| Open | High | Low | Close | Volume | |
| 6,074 | 6,162 | 6,074 | 6,127 | 1.00 | |
11/08/2024 | 6,127 | 6,177 | 6,105 | 6,154 | 1.00 |
| 6,154 | 6,188 | 6,093 | 6,107 | 1.00 |
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ARCA Biotechnology Trading Date Momentum on November 8, 2024
| On November 11 2024 ARCA Biotechnology was traded for 6,107 at the closing time. The highest price during the trading period was 6,188 and the lowest recorded bid was listed for 6,093 . There was no trading activity during the period 1.0. Lack of trading volume on November 11, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.77% . The overall trading delta to the current price is 9.39% . |
Price Boundaries
ARCA Biotechnology Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
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ARCA Biotechnology December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how ARCA Biotechnology index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ARCA Biotechnology shares will generate the highest return on investment. By undertsting and applying ARCA Biotechnology index market strength indicators, traders can identify ARCA Biotechnology entry and exit signals to maximize returns
ARCA Biotechnology Technical Drivers
ARCA Biotechnology December 19, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ARCA Biotechnology's price direction in advance. Along with the technical and fundamental analysis of ARCA Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of ARCA 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 | 0.0124 | |||
| Mean Deviation | 0.8052 | |||
| Semi Deviation | 1.31 | |||
| Downside Deviation | 1.39 | |||
| Coefficient Of Variation | 8399.05 | |||
| Standard Deviation | 1.13 | |||
| Variance | 1.27 | |||
| Information Ratio | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Maximum Drawdown | 6.9 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.59 | |||
| Downside Variance | 1.93 | |||
| Semi Variance | 1.71 | |||
| Expected Short fall | (0.71) | |||
| Skewness | (1.18) | |||
| Kurtosis | 3.79 |
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