Oaie Etf Price on July 24, 2023
OAIE Etf | USD 28.90 0.06 0.21% |
If you're considering investing in OAIE Etf, it is important to understand the factors that can impact its price. As of today, the current price of OAIE stands at 28.90, as last reported on the 30th of December, with the highest price reaching 29.02 and the lowest price hitting 28.90 during the day. We have found twenty-nine technical indicators for OAIE, which you can use to evaluate the volatility of the entity. Please check OAIE's coefficient of variation of 1139.68, and Market Risk Adjusted Performance of (0.34) to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
OAIE Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
OAIE |
Sharpe Ratio = 0.0
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
OAIE |
Based on monthly moving average OAIE 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 OAIE by adding OAIE to a well-diversified portfolio.
OAIE Valuation on July 24, 2023
It is possible to determine the worth of OAIE on a given historical date. On July 24, 2023 OAIE was worth 28.96 at the beginning of the trading date compared to the closed value of 28.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OAIE etf. Still, in general, we apply an absolute valuation method to find OAIE'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 OAIE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OAIE's related companies.
Open | High | Low | Close | Volume | |
28.96 | 28.96 | 28.96 | 28.96 | 100.00 | |
07/24/2023 | 28.96 | 29.02 | 28.90 | 28.90 | 249.00 |
28.96 | 29.02 | 28.90 | 28.90 | 0.00 |
Backtest OAIE | | | OAIE History | | | OAIE Valuation | Previous | Next |
OAIE Trading Date Momentum on July 24, 2023
On December 30 2024 OAIE was traded for 28.90 at the closing time. The top price for the day was 29.02 and the lowest listed price was 28.90 . There was no trading activity during the period 0.0. Lack of trading volume on December 30, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.21% . |
About OAIE Etf history
OAIE 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 OAIE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OAIE 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 OAIE stock prices may prove useful in developing a viable investing in OAIE
The fund is an actively-managed, exchange-traded fund that pursues its investment objective by investing primarily in the equity securities of U.S. listed companies. Optimize is traded on NYSEARCA Exchange in the United States.
OAIE Etf Technical Analysis
OAIE 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
OAIE Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
OAIE cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
OAIE December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how OAIE etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OAIE shares will generate the highest return on investment. By undertsting and applying OAIE etf market strength indicators, traders can identify OAIE entry and exit signals to maximize returns
OAIE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OAIE's price direction in advance. Along with the technical and fundamental analysis of OAIE Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of OAIE 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 | 0.0715 | |||
Jensen Alpha | 0.0776 | |||
Total Risk Alpha | 0.0466 | |||
Sortino Ratio | 0.0555 | |||
Treynor Ratio | (0.35) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of OAIE is measured differently than its book value, which is the value of OAIE that is recorded on the company's balance sheet. Investors also form their own opinion of OAIE's value that differs from its market value or its book value, called intrinsic value, which is OAIE'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 OAIE's market value can be influenced by many factors that don't directly affect OAIE'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 OAIE's value and its price as these two are different measures arrived at by different means. Investors typically determine if OAIE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OAIE'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.