Two Roads Shared Etf Price on November 20, 2024
| DYLD Etf | USD 22.79 0.04 0.18% |
If you're considering investing in Two Etf, it is important to understand the factors that can impact its price. As of today, the current price of Two Roads stands at 22.79, as last reported on the 11th of December 2024, with the highest price reaching 22.82 and the lowest price hitting 22.75 during the day. At this point, Two Roads is very steady. Two Roads Shared owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0373, which indicates the etf had a 0.0373% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Two Roads Shared, which you can use to evaluate the volatility of the etf. Please validate Two Roads' Coefficient Of Variation of 2029.11, insignificant risk adjusted performance, and Semi Deviation of 0.1017 to confirm if the risk estimate we provide is consistent with the expected return of 0.0057%.
Two Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Two |
Sharpe Ratio = 0.0373
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Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Two Roads is performing at about 2% 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 Two Roads by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Two Roads Valuation on November 20, 2024
It is possible to determine the worth of Two Roads on a given historical date. On November 20, 2024 Two was worth 22.59 at the beginning of the trading date compared to the closed value of 22.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Two Roads etf. Still, in general, we apply an absolute valuation method to find Two Roads' 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 Two Roads where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Two Roads' related companies.
| Open | High | Low | Close | Volume | |
| 22.61 | 22.67 | 22.59 | 22.63 | 8,000 | |
11/20/2024 | 22.59 | 22.63 | 22.57 | 22.61 | 8,200 |
| 22.61 | 22.67 | 22.58 | 22.61 | 4,600 |
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Two Roads Trading Date Momentum on November 20, 2024
| On November 21 2024 Two Roads Shared was traded for 22.61 at the closing time. The top price for the day was 22.67 and the lowest listed price was 22.58 . The trading volume for the day was 4.6 K. The trading history from November 21, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.18% . |
Two Roads Shared Fundamentals Correlations and Trends
By evaluating Two Roads' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Two Roads' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Two financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Two Roads Etf history
Two Roads 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 Two is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Two Roads Shared 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 Two Roads stock prices may prove useful in developing a viable investing in Two Roads
The fund will be an actively managed ETF that normally invests, directly or indirectly, at least 80 percent of its net assets, including any borrowings for investment purposes, in a diversified portfolio of fixed income instruments. Leadershares Dynamic is traded on NYSEARCA Exchange in the United States.
Two Roads Etf Technical Analysis
Two Roads 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
Two Roads Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Two Roads December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Two Roads etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Two Roads shares will generate the highest return on investment. By undertsting and applying Two Roads etf market strength indicators, traders can identify Two Roads Shared entry and exit signals to maximize returns
Two Roads Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Two Roads' price direction in advance. Along with the technical and fundamental analysis of Two Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Two 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) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.77) | |||
| Treynor Ratio | (0.06) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Two Roads Shared. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Two Roads Shared is measured differently than its book value, which is the value of Two that is recorded on the company's balance sheet. Investors also form their own opinion of Two Roads' value that differs from its market value or its book value, called intrinsic value, which is Two Roads' 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 Two Roads' market value can be influenced by many factors that don't directly affect Two Roads' 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 Two Roads' value and its price as these two are different measures arrived at by different means. Investors typically determine if Two Roads is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Two Roads' 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.