Ft Cboe Vest Etf Price on June 21, 2023
KNG Etf | USD 50.50 0.44 0.88% |
Below is the normalized historical share price chart for FT Cboe Vest extending back to March 27, 2018. 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 FT Cboe stands at 50.50, as last reported on the 22nd of December, with the highest price reaching 50.79 and the lowest price hitting 49.91 during the day.
If you're considering investing in KNG Etf, it is important to understand the factors that can impact its price. FT Cboe Vest retains Efficiency (Sharpe Ratio) of -0.12, which denotes the etf had a -0.12% return per unit of price deviation over the last 3 months. FT Cboe exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FT Cboe's Standard Deviation of 0.5855, market risk adjusted performance of (0.11), and Information Ratio of (0.16) to check the risk estimate we provide.
KNG Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.01 | 200 Day MA 52.5689 | 1 y Volatility 10.28 | 50 Day MA 53.3524 | Inception Date 2018-03-26 |
KNG |
Sharpe Ratio = -0.1227
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Estimated Market Risk
0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FT Cboe 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 FT Cboe by adding FT Cboe to a well-diversified portfolio.
Average Mkt Cap Mil 55.3 K |
FT Cboe Valuation on June 21, 2023
It is possible to determine the worth of FT Cboe on a given historical date. On June 21, 2023 KNG was worth 46.02 at the beginning of the trading date compared to the closed value of 45.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FT Cboe etf. Still, in general, we apply an absolute valuation method to find FT Cboe'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 FT Cboe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FT Cboe's related companies.
Open | High | Low | Close | Volume | |
46.12 | 46.12 | 45.69 | 45.74 | 107,985 | |
06/21/2023 | 46.02 | 46.02 | 45.40 | 45.73 | 171,305 |
45.89 | 45.89 | 45.47 | 45.58 | 172,533 |
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FT Cboe Trading Date Momentum on June 21, 2023
On June 22 2023 FT Cboe Vest was traded for 45.58 at the closing time. Highest FT Cboe's price during the trading hours was 45.89 and the lowest price during the day was 45.47 . The net volume was 172.5 K. The overall trading history on the 22nd of June contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.33% . The overall trading delta to current price is 1.62% . |
FT Cboe Vest Fundamentals Correlations and Trends
By evaluating FT Cboe'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 FT Cboe's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. KNG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FT Cboe Etf history
FT Cboe 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 KNG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FT Cboe Vest 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 FT Cboe stock prices may prove useful in developing a viable investing in FT Cboe
FT Cboe Etf Technical Analysis
FT Cboe 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
FT Cboe Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
FT Cboe Vest 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.
FT Cboe December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how FT Cboe etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FT Cboe shares will generate the highest return on investment. By undertsting and applying FT Cboe etf market strength indicators, traders can identify FT Cboe Vest entry and exit signals to maximize returns
FT Cboe Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FT Cboe's price direction in advance. Along with the technical and fundamental analysis of KNG Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of KNG 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 | (0.09) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.09) | |||
Treynor Ratio | (0.12) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in FT Cboe Vest. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of FT Cboe Vest is measured differently than its book value, which is the value of KNG that is recorded on the company's balance sheet. Investors also form their own opinion of FT Cboe's value that differs from its market value or its book value, called intrinsic value, which is FT Cboe'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 FT Cboe's market value can be influenced by many factors that don't directly affect FT Cboe'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 FT Cboe's value and its price as these two are different measures arrived at by different means. Investors typically determine if FT Cboe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FT Cboe'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.