Flexshares Esg Climate Etf Price on September 10, 2024
| FEUS Etf | USD 68.44 0.59 0.87% |
If you're considering investing in FlexShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of FlexShares ESG stands at 68.44, as last reported on the 11th of December 2024, with the highest price reaching 68.44 and the lowest price hitting 68.44 during the day. Currently, FlexShares ESG Climate is very steady. FlexShares ESG Climate secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the etf had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for FlexShares ESG Climate, which you can use to evaluate the volatility of the entity. Please confirm FlexShares ESG's Coefficient Of Variation of 430.03, mean deviation of 0.4706, and Downside Deviation of 0.5981 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
FlexShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
FlexShares |
Sharpe Ratio = 0.1866
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average FlexShares ESG is performing at about 14% 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 FlexShares ESG by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 379.9 K |
FlexShares ESG Valuation on September 10, 2024
It is possible to determine the worth of FlexShares ESG on a given historical date. On September 10, 2024 FlexShares was worth 61.65 at the beginning of the trading date compared to the closed value of 61.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FlexShares ESG etf. Still, in general, we apply an absolute valuation method to find FlexShares ESG'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 FlexShares ESG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FlexShares ESG's related companies.
| Open | High | Low | Close | Volume | |
| 61.16 | 61.40 | 61.16 | 61.40 | 200.00 | |
09/10/2024 | 61.65 | 61.73 | 61.65 | 61.73 | 1,200 |
| 62.37 | 62.37 | 62.37 | 62.37 | 100.00 |
| Backtest FlexShares ESG | | | FlexShares ESG History | | | FlexShares ESG Valuation | Previous | Next |
FlexShares ESG Trading Date Momentum on September 10, 2024
| On September 11 2024 FlexShares ESG Climate was traded for 62.37 at the closing time. The top price for the day was 62.37 and the lowest listed price was 62.37 . The trading volume for the day was 100.0. The trading history from September 11, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 1.04% . The overall trading delta against the current closing price is 3.50% . |
FlexShares ESG Climate Fundamentals Correlations and Trends
By evaluating FlexShares ESG'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 FlexShares ESG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FlexShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FlexShares ESG Etf history
FlexShares ESG 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 FlexShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FlexShares ESG Climate 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 FlexShares ESG stock prices may prove useful in developing a viable investing in FlexShares ESG
The underlying index is designed to reflect the performance of a selection of companies that exhibit certain ESG characteristics, while also seeking to provide broad-market, core exposure to publicly-traded U.S. large capitalization equity securities. Flexshares ESG is traded on NYSEARCA Exchange in the United States.
FlexShares ESG Etf Technical Analysis
FlexShares ESG 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
FlexShares ESG Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
FlexShares ESG Climate 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.
FlexShares ESG December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how FlexShares ESG etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FlexShares ESG shares will generate the highest return on investment. By undertsting and applying FlexShares ESG etf market strength indicators, traders can identify FlexShares ESG Climate entry and exit signals to maximize returns
FlexShares ESG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FlexShares ESG's price direction in advance. Along with the technical and fundamental analysis of FlexShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of FlexShares 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 | 0.167 | |||
| Jensen Alpha | 0.0567 | |||
| Total Risk Alpha | 0.039 | |||
| Sortino Ratio | 0.0488 | |||
| Treynor Ratio | 0.1891 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FlexShares ESG Climate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of FlexShares ESG Climate is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares ESG's value that differs from its market value or its book value, called intrinsic value, which is FlexShares ESG'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 FlexShares ESG's market value can be influenced by many factors that don't directly affect FlexShares ESG'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 FlexShares ESG's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares ESG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares ESG'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.