Evolve E Gaming Index Etf Price on May 31, 2024
| HERO Etf | CAD 36.46 0.14 0.39% |
If you're considering investing in Evolve Etf, it is important to understand the factors that can impact its price. As of today, the current price of Evolve E stands at 36.46, as last reported on the 11th of December 2024, with the highest price reaching 36.47 and the lowest price hitting 36.32 during the day. Evolve E appears to be very steady, given 3 months investment horizon. Evolve E Gaming secures Sharpe Ratio (or Efficiency) of 0.25, which denotes the etf had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Evolve E Gaming Index, which you can use to evaluate the volatility of the entity. Please utilize Evolve E's Mean Deviation of 0.6108, coefficient of variation of 400.54, and Downside Deviation of 0.8065 to check if our risk estimates are consistent with your expectations.
Evolve Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Evolve |
Sharpe Ratio = 0.2497
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Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Evolve E is performing at about 19% 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 Evolve E by adding it to a well-diversified portfolio.
Evolve E Valuation on May 31, 2024
It is possible to determine the worth of Evolve E on a given historical date. On May 31, 2024 Evolve was worth 30.04 at the beginning of the trading date compared to the closed value of 30.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evolve E etf. Still, in general, we apply an absolute valuation method to find Evolve E'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 Evolve E where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evolve E's related companies.
| Open | High | Low | Close | Volume | |
| 29.66 | 30.04 | 29.66 | 30.04 | 100.00 | |
05/31/2024 | 30.04 | 30.04 | 30.04 | 30.04 | 1.00 |
| 30.32 | 30.48 | 30.32 | 30.48 | 1,400 |
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Evolve E Trading Date Momentum on May 31, 2024
| On June 03 2024 Evolve E Gaming Index was traded for 30.48 at the closing time. The highest price during the trading period was 30.48 and the lowest recorded bid was listed for 30.32 . The volume for the day was 1.4 K. This history from June 3, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 1.46% . The overall trading delta to the current price is 3.60% . |
Evolve E Gaming Fundamentals Correlations and Trends
By evaluating Evolve E'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 Evolve E's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Evolve financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Evolve E Etf history
Evolve E 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 Evolve is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Evolve E Gaming 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 Evolve E stock prices may prove useful in developing a viable investing in Evolve E
HERO seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive eGaming Index, or any successor thereto . EVOLVE E is traded on Toronto Stock Exchange in Canada.
Evolve E Etf Technical Analysis
Evolve E 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
Evolve E Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Evolve E Gaming Index cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Evolve E December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Evolve E etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evolve E shares will generate the highest return on investment. By undertsting and applying Evolve E etf market strength indicators, traders can identify Evolve E Gaming Index entry and exit signals to maximize returns
Evolve E Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Evolve E's price direction in advance. Along with the technical and fundamental analysis of Evolve Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Evolve 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 | 0.1814 | |||
| Jensen Alpha | 0.1738 | |||
| Total Risk Alpha | 0.0637 | |||
| Sortino Ratio | 0.096 | |||
| Treynor Ratio | 1.21 |
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Other Information on Investing in Evolve Etf
Evolve E financial ratios help investors to determine whether Evolve Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Evolve with respect to the benefits of owning Evolve E security.