Oshares Small Cap Quality Etf Price on November 4, 2024
| OUSM Etf | USD 46.93 0.01 0.02% |
Below is the normalized historical share price chart for OShares Small Cap Quality extending back to December 30, 2016. 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 OShares Small stands at 46.93, as last reported on the 3rd of December, with the highest price reaching 47.01 and the lowest price hitting 46.67 during the day.
If you're considering investing in OShares Etf, it is important to understand the factors that can impact its price. As of now, OShares Etf is very steady. OShares Small Cap maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the entity had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for OShares Small Cap, which you can use to evaluate the volatility of the etf. Please check OShares Small's Coefficient Of Variation of 803.87, risk adjusted performance of 0.0967, and Semi Deviation of 0.568 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
OShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 18.16 | 200 Day MA 42.6538 | 1 y Volatility 14.7 | 50 Day MA 45.2534 | Inception Date 2016-12-30 |
OShares |
Sharpe Ratio = 0.1509
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| Cash | OUSM | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average OShares Small 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 OShares Small by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 6.4 K |
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OShares Small Valuation on November 4, 2024
It is possible to determine the worth of OShares Small on a given historical date. On November 4, 2024 OShares was worth 44.14 at the beginning of the trading date compared to the closed value of 44.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OShares Small etf. Still, in general, we apply an absolute valuation method to find OShares Small'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 OShares Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OShares Small's related companies.
| Open | High | Low | Close | Volume | |
| 44.27 | 44.48 | 44.09 | 44.15 | 43,381 | |
11/04/2024 | 44.14 | 44.34 | 44.04 | 44.10 | 226,060 |
| 44.13 | 44.87 | 44.01 | 44.87 | 73,767 |
| Backtest OShares Small | | | OShares Small History | | | OShares Small Valuation | Previous | Next |
OShares Small Trading Date Momentum on November 4, 2024
| On November 05 2024 OShares Small Cap Quality was traded for 44.87 at the closing time. The top price for the day was 44.87 and the lowest listed price was 44.01 . The trading volume for the day was 73.8 K. The trading history from November 5, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 1.75% . The trading delta at closing time against the current closing price is 5.01% . |
OShares Small Cap Fundamentals Correlations and Trends
By evaluating OShares Small'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 OShares Small's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OShares Small Etf history
OShares Small 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 OShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OShares Small Cap 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 OShares Small stock prices may prove useful in developing a viable investing in OShares Small
OShares Small Etf Technical Analysis
OShares Small 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
OShares Small Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
OShares Small Cap Quality 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.
OShares Small December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how OShares Small etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OShares Small shares will generate the highest return on investment. By undertsting and applying OShares Small etf market strength indicators, traders can identify OShares Small Cap Quality entry and exit signals to maximize returns
OShares Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OShares Small's price direction in advance. Along with the technical and fundamental analysis of OShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of OShares 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 | 0.0967 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0964 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OShares Small Cap Quality. 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of OShares Small Cap is measured differently than its book value, which is the value of OShares that is recorded on the company's balance sheet. Investors also form their own opinion of OShares Small's value that differs from its market value or its book value, called intrinsic value, which is OShares Small'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 OShares Small's market value can be influenced by many factors that don't directly affect OShares Small'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 OShares Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if OShares Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OShares Small'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.