Chix Etf Price on July 21, 2023
| CHIX Etf | USD 11.72 0.15 1.30% |
If you're considering investing in CHIX Etf, it is important to understand the factors that can impact its price. As of today, the current price of CHIX stands at 11.72, as last reported on the 21st of December, with the highest price reaching 11.77 and the lowest price hitting 11.57 during the day. We have found twenty-four technical indicators for CHIX, which you can use to evaluate the volatility of the entity. Please confirm CHIX's Coefficient Of Variation of (1,528), mean deviation of 1.1, and Risk Adjusted Performance of (0.05) to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
CHIX Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
CHIX |
Sharpe Ratio = 0.0
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Based on monthly moving average CHIX 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 CHIX by adding CHIX to a well-diversified portfolio.
CHIX Valuation on July 21, 2023
It is possible to determine the worth of CHIX on a given historical date. On July 21, 2023 CHIX was worth 11.68 at the beginning of the trading date compared to the closed value of 11.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CHIX etf. Still, in general, we apply an absolute valuation method to find CHIX'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 CHIX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CHIX's related companies.
| Open | High | Low | Close | Volume | |
| 11.65 | 11.65 | 11.61 | 11.64 | 7,244 | |
07/21/2023 | 11.68 | 11.68 | 11.63 | 11.63 | 2,900 |
| 11.57 | 11.77 | 11.57 | 11.72 | 19,823 |
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CHIX Trading Date Momentum on July 21, 2023
| On July 24 2023 CHIX was traded for 11.72 at the closing time. The top price for the day was 11.77 and the lowest listed price was 11.57 . The trading volume for the day was 19.8 K. The trading history from July 24, 2023 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.77% . The overall trading delta against the current closing price is 0.52% . |
CHIX Fundamentals Correlations and Trends
By evaluating CHIX'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 CHIX's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CHIX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CHIX Etf history
CHIX 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 CHIX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CHIX 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 CHIX stock prices may prove useful in developing a viable investing in CHIX
The fund invests at least 80 percent of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. Gx MSCI is traded on NYSEARCA Exchange in the United States.
CHIX Etf Technical Analysis
CHIX 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
CHIX Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
CHIX cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
CHIX December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how CHIX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CHIX shares will generate the highest return on investment. By undertsting and applying CHIX etf market strength indicators, traders can identify CHIX entry and exit signals to maximize returns
CHIX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CHIX's price direction in advance. Along with the technical and fundamental analysis of CHIX Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of CHIX 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 | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (1.20) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of CHIX is measured differently than its book value, which is the value of CHIX that is recorded on the company's balance sheet. Investors also form their own opinion of CHIX's value that differs from its market value or its book value, called intrinsic value, which is CHIX'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 CHIX's market value can be influenced by many factors that don't directly affect CHIX'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 CHIX's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIX'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.