Ultimus Managers Trust Etf Price on October 1, 2024
| MDST Etf | 27.23 0.57 2.05% |
If you're considering investing in Ultimus Etf, it is important to understand the factors that can impact its price. As of today, the current price of Ultimus Managers stands at 27.23, as last reported on the 12th of December 2024, with the highest price reaching 27.97 and the lowest price hitting 27.20 during the day. Currently, Ultimus Managers Trust is very steady. Ultimus Managers Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ultimus Managers Trust, which you can use to evaluate the volatility of the etf. Please validate Ultimus Managers' Risk Adjusted Performance of 0.106, coefficient of variation of 693.74, and Semi Deviation of 0.6204 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
Ultimus Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Ultimus |
Sharpe Ratio = 0.1441
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Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Ultimus Managers is performing at about 11% 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 Ultimus Managers by adding it to a well-diversified portfolio.
Ultimus Managers Valuation on October 1, 2024
It is possible to determine the worth of Ultimus Managers on a given historical date. On October 1, 2024 Ultimus was worth 25.34 at the beginning of the trading date compared to the closed value of 25.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ultimus Managers etf. Still, in general, we apply an absolute valuation method to find Ultimus Managers' 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 Ultimus Managers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ultimus Managers' related companies.
| Open | High | Low | Close | Volume | |
| 25.10 | 25.28 | 25.10 | 25.28 | 3,514 | |
10/01/2024 | 25.34 | 25.49 | 25.34 | 25.49 | 6,584 |
| 25.51 | 25.67 | 25.44 | 25.64 | 4,623 |
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Ultimus Managers Trading Date Momentum on October 1, 2024
| On October 02 2024 Ultimus Managers Trust was traded for 25.64 at the closing time. The top price for the day was 25.67 and the lowest listed price was 25.44 . The trading volume for the day was 4.6 K. The trading history from October 2, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.59% . The trading price change against the current closing price is 1.14% . |
Ultimus Managers Trust Fundamentals Correlations and Trends
By evaluating Ultimus Managers' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ultimus Managers' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ultimus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ultimus Managers Etf history
Ultimus Managers 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 Ultimus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ultimus Managers Trust 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 Ultimus Managers stock prices may prove useful in developing a viable investing in Ultimus Managers
Ultimus Managers Etf Technical Analysis
Ultimus Managers 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
Ultimus Managers Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Ultimus Managers Trust cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Ultimus Managers December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Ultimus Managers etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ultimus Managers shares will generate the highest return on investment. By undertsting and applying Ultimus Managers etf market strength indicators, traders can identify Ultimus Managers Trust entry and exit signals to maximize returns
Ultimus Managers Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ultimus Managers' price direction in advance. Along with the technical and fundamental analysis of Ultimus Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ultimus 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 | 0.106 | |||
| Jensen Alpha | 0.0641 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0117 | |||
| Treynor Ratio | 0.2415 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ultimus Managers Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of Ultimus Managers Trust is measured differently than its book value, which is the value of Ultimus that is recorded on the company's balance sheet. Investors also form their own opinion of Ultimus Managers' value that differs from its market value or its book value, called intrinsic value, which is Ultimus Managers' 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 Ultimus Managers' market value can be influenced by many factors that don't directly affect Ultimus Managers' 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 Ultimus Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ultimus Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultimus Managers' 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.