Democracy International Etf Price on November 11, 2024
| DMCY Etf | USD 25.59 0.07 0.27% |
If you're considering investing in Democracy Etf, it is important to understand the factors that can impact its price. As of today, the current price of Democracy International stands at 25.59, as last reported on the 28th of November, with the highest price reaching 25.62 and the lowest price hitting 25.59 during the day. Democracy International secures Sharpe Ratio (or Efficiency) of -0.093, which denotes the etf had a -0.093% return per unit of risk over the last 3 months. Democracy International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Democracy International's Variance of 0.5983, standard deviation of 0.7735, and Mean Deviation of 0.5999 to check the risk estimate we provide.
Democracy Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Democracy |
Sharpe Ratio = -0.093
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| Negative Returns | DMCY |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Democracy International 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 Democracy International by adding Democracy International to a well-diversified portfolio.
Average Mkt Cap Mil 45.2 K |
Democracy International Valuation on November 11, 2024
It is possible to determine the worth of Democracy International on a given historical date. On November 11, 2024 Democracy was worth 25.99 at the beginning of the trading date compared to the closed value of 25.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Democracy International etf. Still, in general, we apply an absolute valuation method to find Democracy International'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 Democracy International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Democracy International's related companies.
| Open | High | Low | Close | Volume | |
| 26.00 | 26.00 | 26.00 | 26.00 | 386.00 | |
11/11/2024 | 25.99 | 26.01 | 25.97 | 25.97 | 385.00 |
| 25.58 | 25.60 | 25.57 | 25.57 | 1,972 |
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Democracy International Trading Date Momentum on November 11, 2024
| On November 12 2024 Democracy International was traded for 25.57 at the closing time. The top price for the day was 25.60 and the lowest listed price was 25.57 . The trading volume for the day was 2 K. The trading history from November 12, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.54% . The overall trading delta against the current closing price is 2.08% . |
Democracy International Fundamentals Correlations and Trends
By evaluating Democracy International'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 Democracy International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Democracy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Democracy International Etf history
Democracy International 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 Democracy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Democracy International 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 Democracy International stock prices may prove useful in developing a viable investing in Democracy International
The index construction process begins with the universe of companies that are current members of the Solactive GBS Global Markets ex United States Large Mid Cap USD Index NTR. Democracy International is traded on NYSEARCA Exchange in the United States.
Democracy International Etf Technical Analysis
Democracy International 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
Democracy International Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Democracy International cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
Democracy International November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Democracy International etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Democracy International shares will generate the highest return on investment. By undertsting and applying Democracy International etf market strength indicators, traders can identify Democracy International entry and exit signals to maximize returns
Democracy International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Democracy International's price direction in advance. Along with the technical and fundamental analysis of Democracy Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Democracy 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 | (0.07) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.21) |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Democracy International. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Democracy International is measured differently than its book value, which is the value of Democracy that is recorded on the company's balance sheet. Investors also form their own opinion of Democracy International's value that differs from its market value or its book value, called intrinsic value, which is Democracy International'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 Democracy International's market value can be influenced by many factors that don't directly affect Democracy International'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 Democracy International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Democracy International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Democracy International'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.