Akros Monthly Payout Etf Price on June 16, 2024
| MPAY Etf | USD 0.37 25.77 98.60% |
If you're considering investing in Akros Etf, it is important to understand the factors that can impact its price. As of today, the current price of Akros Monthly stands at 0.37, as last reported on the 11th of December 2024, with the highest price reaching 26.31 and the lowest price hitting 0.37 during the day. Akros Monthly Payout secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the etf had a -0.12% return per unit of risk over the last 3 months. Akros Monthly Payout exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Akros Monthly's Risk Adjusted Performance of 0.1539, downside deviation of 0.5777, and Mean Deviation of 0.4368 to double-check the risk estimate we provide.
Akros Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Akros |
Sharpe Ratio = -0.1188
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Estimated Market Risk
| 12.35 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.47 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 Akros Monthly 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 Akros Monthly by adding Akros Monthly to a well-diversified portfolio.
Average Mkt Cap Mil 453.9 K |
Akros Monthly Valuation on June 16, 2024
It is possible to determine the worth of Akros Monthly on a given historical date. On June 16, 2024 Akros was worth 24.13 at the beginning of the trading date compared to the closed value of 24.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akros Monthly etf. Still, in general, we apply an absolute valuation method to find Akros Monthly'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 Akros Monthly where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akros Monthly's related companies.
| Open | High | Low | Close | Volume | |
| 24.09 | 24.10 | 24.02 | 24.07 | 1,300 | |
06/14/2024 | 24.13 | 24.15 | 24.12 | 24.12 | 1,200 |
| 24.32 | 24.32 | 24.32 | 24.32 | 400.00 |
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Akros Monthly Trading Date Momentum on June 16, 2024
| On June 17 2024 Akros Monthly Payout was traded for 24.32 at the closing time. The top price for the day was 24.32 and the lowest listed price was 24.32 . The trading volume for the day was 400. The trading history from June 17, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.83% . The overall trading delta against the current closing price is 1.04% . |
Akros Monthly Payout Fundamentals Correlations and Trends
By evaluating Akros Monthly'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 Akros Monthly's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akros financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Akros Monthly Etf history
Akros Monthly 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 Akros is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akros Monthly Payout 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 Akros Monthly stock prices may prove useful in developing a viable investing in Akros Monthly
Akros Monthly Etf Technical Analysis
Akros Monthly 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
Akros Monthly Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Akros Monthly Payout 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.
Akros Monthly December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Akros Monthly etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akros Monthly shares will generate the highest return on investment. By undertsting and applying Akros Monthly etf market strength indicators, traders can identify Akros Monthly Payout entry and exit signals to maximize returns
Akros Monthly Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Akros Monthly's price direction in advance. Along with the technical and fundamental analysis of Akros Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akros 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 | 0.1539 | |||
| Jensen Alpha | 0.0998 | |||
| Total Risk Alpha | 0.0228 | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 1.08 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Akros Monthly Payout. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Akros Monthly Payout is measured differently than its book value, which is the value of Akros that is recorded on the company's balance sheet. Investors also form their own opinion of Akros Monthly's value that differs from its market value or its book value, called intrinsic value, which is Akros Monthly'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 Akros Monthly's market value can be influenced by many factors that don't directly affect Akros Monthly'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 Akros Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akros Monthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akros Monthly'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.