Beta WIG20TR (Poland) Price on December 5, 2024
| ETFBW20TR | 43.24 0.13 0.30% |
If you're considering investing in Beta Etf, it is important to understand the factors that can impact its price. As of today, the current price of Beta WIG20TR stands at 43.24, as last reported on the 14th of December 2024, with the highest price reaching 43.50 and the lowest price hitting 43.12 during the day. At this point, Beta WIG20TR is very steady. Beta WIG20TR Portfelowy secures Sharpe Ratio (or Efficiency) of 0.0049, which signifies that the etf had a 0.0049% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Beta WIG20TR Portfelowy, which you can use to evaluate the volatility of the entity. Please confirm Beta WIG20TR's Mean Deviation of 0.9937, downside deviation of 1.33, and Risk Adjusted Performance of 0.0271 to double-check if the risk estimate we provide is consistent with the expected return of 0.0063%.
Beta Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Beta |
Sharpe Ratio = 0.0049
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| Negative Returns | ETFBW20TR |
Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Beta WIG20TR 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 Beta WIG20TR by adding Beta WIG20TR to a well-diversified portfolio.
Beta WIG20TR Valuation on December 5, 2024
It is possible to determine the worth of Beta WIG20TR on a given historical date. On December 5, 2024 Beta was worth 43.45 at the beginning of the trading date compared to the closed value of 43.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beta WIG20TR etf. Still, in general, we apply an absolute valuation method to find Beta WIG20TR'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 Beta WIG20TR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beta WIG20TR's related companies.
| Open | High | Low | Close | Volume | |
| 42.64 | 43.39 | 42.64 | 43.16 | 18,454 | |
12/05/2024 | 43.45 | 44.00 | 43.21 | 43.98 | 8,245 |
| 43.98 | 44.28 | 43.80 | 43.94 | 15,249 |
| Backtest Beta WIG20TR | | | Beta WIG20TR History | Previous | Next |
Beta WIG20TR Trading Date Momentum on December 5, 2024
| On December 06 2024 Beta WIG20TR Portfelowy was traded for 43.94 at the closing time. The highest price during the trading period was 44.28 and the lowest recorded bid was listed for 43.80 . The volume for the day was 15.2 K. This history from December 6, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.09% . The overall trading delta to the current price is 1.39% . |
Price Boundaries
Beta WIG20TR Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Beta WIG20TR Portfelowy cannot be verified against its exchange. Please verify the symbol is currently traded on Warsaw Stock 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.
Beta WIG20TR December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Beta WIG20TR etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beta WIG20TR shares will generate the highest return on investment. By undertsting and applying Beta WIG20TR etf market strength indicators, traders can identify Beta WIG20TR Portfelowy entry and exit signals to maximize returns
Beta WIG20TR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beta WIG20TR's price direction in advance. Along with the technical and fundamental analysis of Beta Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beta 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.