Select Stoxx Europe Etf Price on October 23, 2024
| EUAD Etf | 24.52 0.05 0.20% |
If you're considering investing in Select Etf, it is important to understand the factors that can impact its price. As of today, the current price of Select STOXX stands at 24.52, as last reported on the 21st of December, with the highest price reaching 24.52 and the lowest price hitting 24.45 during the day. Select STOXX Europe owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0496, which indicates the etf had a -0.0496% return per unit of risk over the last 3 months. Select STOXX Europe exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Select STOXX's Risk Adjusted Performance of (0.04), variance of 1.26, and Coefficient Of Variation of (2,018) to confirm the risk estimate we provide.
Select Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Select |
Sharpe Ratio = -0.0496
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| Negative Returns | EUAD |
Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Select STOXX 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 Select STOXX by adding Select STOXX to a well-diversified portfolio.
Average Mkt Cap Mil 59.4 K |
Select STOXX Valuation on October 23, 2024
It is possible to determine the worth of Select STOXX on a given historical date. On October 23, 2024 Select was worth 24.97 at the beginning of the trading date compared to the closed value of 24.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Select STOXX etf. Still, in general, we apply an absolute valuation method to find Select STOXX'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 Select STOXX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Select STOXX's related companies.
| Open | High | Low | Close | Volume | |
| 26.05 | 26.05 | 25.18 | 25.18 | 1,300 | |
10/23/2024 | 24.97 | 25.05 | 24.86 | 24.86 | 10,100 |
| 24.97 | 24.97 | 24.97 | 24.97 | 100.00 |
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Select STOXX Trading Date Momentum on October 23, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.About Select STOXX Etf history
Select STOXX 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 Select is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Select STOXX Europe 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 Select STOXX stock prices may prove useful in developing a viable investing in Select STOXX
Select STOXX Etf Technical Analysis
Select STOXX 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
Select STOXX Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Select STOXX Europe cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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.
Select STOXX December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Select STOXX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Select STOXX shares will generate the highest return on investment. By undertsting and applying Select STOXX etf market strength indicators, traders can identify Select STOXX Europe entry and exit signals to maximize returns
Select STOXX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Select STOXX's price direction in advance. Along with the technical and fundamental analysis of Select Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Select 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 | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.18) |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Select STOXX Europe. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of Select STOXX Europe is measured differently than its book value, which is the value of Select that is recorded on the company's balance sheet. Investors also form their own opinion of Select STOXX's value that differs from its market value or its book value, called intrinsic value, which is Select STOXX'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 Select STOXX's market value can be influenced by many factors that don't directly affect Select STOXX'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 Select STOXX's value and its price as these two are different measures arrived at by different means. Investors typically determine if Select STOXX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Select STOXX'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.