Clearshares Piton Intermediate Etf Price on October 31, 2024
| PIFI Etf | USD 93.94 0.07 0.07% |
Below is the normalized historical share price chart for ClearShares Piton Intermediate extending back to October 02, 2020. 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 ClearShares Piton stands at 93.94, as last reported on the 11th of December 2024, with the highest price reaching 93.94 and the lowest price hitting 93.94 during the day.
If you're considering investing in ClearShares Etf, it is important to understand the factors that can impact its price. ClearShares Piton secures Sharpe Ratio (or Efficiency) of -0.0999, which signifies that the etf had a -0.0999% return per unit of standard deviation over the last 3 months. ClearShares Piton Intermediate exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ClearShares Piton's risk adjusted performance of (0.09), and Mean Deviation of 0.1409 to double-check the risk estimate we provide.
ClearShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 4.6 | 200 Day MA 92.9132 | 1 y Volatility 4.13 | 50 Day MA 93.6864 | Inception Date 2020-10-01 |
ClearShares |
Sharpe Ratio = -0.0999
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| Negative Returns | PIFI |
Estimated Market Risk
| 0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ClearShares Piton 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 ClearShares Piton by adding ClearShares Piton to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
ClearShares Piton Valuation on October 31, 2024
It is possible to determine the worth of ClearShares Piton on a given historical date. On October 31, 2024 ClearShares was worth 93.33 at the beginning of the trading date compared to the closed value of 93.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ClearShares Piton etf. Still, in general, we apply an absolute valuation method to find ClearShares Piton'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 ClearShares Piton where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ClearShares Piton's related companies.
| Open | High | Low | Close | Volume | |
| 93.50 | 93.50 | 93.33 | 93.33 | 2,111 | |
10/31/2024 | 93.33 | 93.52 | 93.29 | 93.29 | 2,236 |
| 93.35 | 93.71 | 93.13 | 93.13 | 2,300 |
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ClearShares Piton Trading Date Momentum on October 31, 2024
| On November 01 2024 ClearShares Piton Intermediate was traded for 93.13 at the closing time. The top price for the day was 93.71 and the lowest listed price was 93.13 . The trading volume for the day was 2.3 K. The trading history from November 1, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.17% . The overall trading delta against the current closing price is 0.14% . |
ClearShares Piton Fundamentals Correlations and Trends
By evaluating ClearShares Piton'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 ClearShares Piton's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ClearShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ClearShares Piton Etf history
ClearShares Piton 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 ClearShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ClearShares Piton 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 ClearShares Piton stock prices may prove useful in developing a viable investing in ClearShares Piton
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its net assets in debt securities and other instruments that have economic characteristics similar to such securities. ClearShares Piton is traded on NYSEARCA Exchange in the United States.
ClearShares Piton Etf Technical Analysis
ClearShares Piton 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
ClearShares Piton Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
ClearShares Piton Intermediate 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.
ClearShares Piton December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how ClearShares Piton etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ClearShares Piton shares will generate the highest return on investment. By undertsting and applying ClearShares Piton etf market strength indicators, traders can identify ClearShares Piton Intermediate entry and exit signals to maximize returns
ClearShares Piton Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ClearShares Piton's price direction in advance. Along with the technical and fundamental analysis of ClearShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ClearShares 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 | (0.09) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 2.13 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ClearShares Piton Intermediate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of ClearShares Piton is measured differently than its book value, which is the value of ClearShares that is recorded on the company's balance sheet. Investors also form their own opinion of ClearShares Piton's value that differs from its market value or its book value, called intrinsic value, which is ClearShares Piton'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 ClearShares Piton's market value can be influenced by many factors that don't directly affect ClearShares Piton'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 ClearShares Piton's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearShares Piton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearShares Piton'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.