IncomeShares META (UK) Price on November 1, 2024

METY Etf   10.15  0.14  1.36%   
If you're considering investing in IncomeShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of IncomeShares META stands at 10.15, as last reported on the 28th of December, with the highest price reaching 10.34 and the lowest price hitting 10.15 during the day. Currently, IncomeShares META Options is not too volatile. IncomeShares META Options holds Efficiency (Sharpe) Ratio of 0.0427, which attests that the entity had a 0.0427% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for IncomeShares META Options, which you can use to evaluate the volatility of the entity. Please check out IncomeShares META's Downside Deviation of 1.25, risk adjusted performance of 0.0644, and Market Risk Adjusted Performance of 1.93 to validate if the risk estimate we provide is consistent with the expected return of 0.0538%.
  
IncomeShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0427

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Estimated Market Risk

 1.26
  actual daily
11
89% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average IncomeShares META is performing at about 3% 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 IncomeShares META by adding it to a well-diversified portfolio.

IncomeShares META Valuation on November 1, 2024

It is possible to determine the worth of IncomeShares META on a given historical date. On November 1, 2024 IncomeShares was worth 10.01 at the beginning of the trading date compared to the closed value of 10.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IncomeShares META etf. Still, in general, we apply an absolute valuation method to find IncomeShares META'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 IncomeShares META where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IncomeShares META's related companies.
 Open High Low Close Volume
  9.96    9.96    9.96    9.96    1.00  
11/01/2024
  10.01    10.01    10.01    10.01    1.00  
  9.95    9.95    9.95    9.95    1.00  
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Open Value
10.01
10.01
Closing Value
13.79
Upside

IncomeShares META Trading Date Momentum on November 1, 2024

On November 04 2024 IncomeShares META Options was traded for  9.95  at the closing time. The highest price during the trading period was 9.95  and the lowest recorded bid was listed for  9.95 . There was no trading activity during the period 1.0. Lack of trading volume on November 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.60% . The trading delta at closing time to the current price is 4.20% .

Price Boundaries

IncomeShares META Period Price Range

Low
December 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

IncomeShares META Options cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.

IncomeShares META December 28, 2024 Market Strength

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

IncomeShares META Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for IncomeShares META's price direction in advance. Along with the technical and fundamental analysis of IncomeShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IncomeShares 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.