Us Global Jets Etf Price on December 24, 2024

JETS Etf  USD 25.55  0.41  1.63%   
Below is the normalized historical share price chart for US Global Jets extending back to April 30, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of US Global stands at 25.55, as last reported on the 25th of December, with the highest price reaching 25.55 and the lowest price hitting 25.02 during the day.
3 y Volatility
31.33
200 Day MA
20.6812
1 y Volatility
21.8
50 Day MA
23.9174
Inception Date
2015-04-30
 
Yuan Drop
 
Covid
If you're considering investing in JETS Etf, it is important to understand the factors that can impact its price. US Global appears to be very steady, given 3 months investment horizon. US Global Jets retains Efficiency (Sharpe Ratio) of 0.22, which indicates the etf had a 0.22% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for US Global, which you can use to evaluate the volatility of the etf. Please review US Global's Risk Adjusted Performance of 0.2068, downside deviation of 1.17, and Mean Deviation of 1.24 to confirm if our risk estimates are consistent with your expectations.
  
JETS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2239

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsJETS
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.51
  actual daily
13
87% of assets are more volatile

Expected Return

 0.34
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.22
  actual daily
17
83% of assets perform better
Based on monthly moving average US Global is performing at about 17% 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 US Global by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
11.7 K

US Global Valuation on December 24, 2024

It is possible to determine the worth of US Global on a given historical date. On December 24, 2024 JETS was worth 25.06 at the beginning of the trading date compared to the closed value of 25.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of US Global etf. Still, in general, we apply an absolute valuation method to find US Global'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 US Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against US Global's related companies.
 Open High Low Close Volume
  25.06    25.55    25.02    25.55    2,344,613  
12/25/2024
  25.06    25.55    25.02    25.55    0.00  
Backtest US Global  |  US Global History  |  US Global Valuation   Previous
Open Value
25.06
25.55
Closing Value
29.59
Upside

US Global Trading Date Momentum on December 24, 2024

On December 25 2024 US Global Jets was traded for  25.55  at the closing time. The top price for the day was 25.55  and the lowest listed price was  25.02 . There was no trading activity during the period 0.0. Lack of trading volume on December 25, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 1.92% .

US Global Jets Fundamentals Correlations and Trends

By evaluating US Global'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 US Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JETS financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About US Global Etf history

US Global 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 JETS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in US Global Jets 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 US Global stock prices may prove useful in developing a viable investing in US Global

US Global Etf Technical Analysis

US Global 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.
A focus of US Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of US Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

US Global Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

US Global Jets 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.

US Global December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how US Global etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading US Global shares will generate the highest return on investment. By undertsting and applying US Global etf market strength indicators, traders can identify US Global Jets entry and exit signals to maximize returns

US Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for US Global's price direction in advance. Along with the technical and fundamental analysis of JETS Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of JETS 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.
When determining whether US Global Jets is a strong investment it is important to analyze US Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact US Global's future performance. For an informed investment choice regarding JETS Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in US Global Jets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of US Global Jets is measured differently than its book value, which is the value of JETS that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global'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 US Global's market value can be influenced by many factors that don't directly affect US Global'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 US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global'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.