Purpose Diversified Real Etf Price on February 14, 2024

PRA Etf  CAD 29.75  0.18  0.60%   
Below is the normalized historical share price chart for Purpose Diversified Real extending back to September 06, 2013. 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 Purpose Diversified stands at 29.75, as last reported on the 13th of December 2024, with the highest price reaching 29.86 and the lowest price hitting 29.75 during the day.
3 y Volatility
13.88
200 Day MA
28.3432
1 y Volatility
9.45
50 Day MA
29.3093
Inception Date
2013-09-05
 
Yuan Drop
 
Covid
If you're considering investing in Purpose Etf, it is important to understand the factors that can impact its price. As of now, Purpose Etf is very steady. Purpose Diversified Real maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the entity had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for Purpose Diversified Real, which you can use to evaluate the volatility of the etf. Please check Purpose Diversified's Semi Deviation of 0.1469, coefficient of variation of 403.5, and Risk Adjusted Performance of 0.1755 to confirm if the risk estimate we provide is consistent with the expected return of 0.0941%.
  
Purpose Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1907

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Estimated Market Risk

 0.49
  actual daily
4
96% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
15
85% of assets perform better
Based on monthly moving average Purpose Diversified is performing at about 15% 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 Purpose Diversified by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
71.4 K

Purpose Diversified Valuation on February 14, 2024

It is possible to determine the worth of Purpose Diversified on a given historical date. On February 14, 2024 Purpose was worth 24.96 at the beginning of the trading date compared to the closed value of 25.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Purpose Diversified etf. Still, in general, we apply an absolute valuation method to find Purpose Diversified'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 Purpose Diversified where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Purpose Diversified's related companies.
 Open High Low Close Volume
  24.91    24.91    24.91    24.91    1,000.00  
02/14/2024
  24.96    25.02    24.96    25.02    100.00  
  25.30    25.31    25.14    25.26    9,600  
Backtest Purpose Diversified  |  Purpose Diversified History  |  Purpose Diversified Valuation   PreviousNext  
Open Value
24.96
25.02
Closing Value
26.44
Upside

Purpose Diversified Trading Date Momentum on February 14, 2024

On February 15 2024 Purpose Diversified Real was traded for  25.26  at the closing time. The maximum traded price for the trading interval was 25.31  and the lowest daily price was  25.14 . The daily volume was recorded at 9.6 K. The volume of trading on 15th of February 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 0.96% . The trading delta at closing time to the closing price today is 1.08% .

Purpose Diversified Real Fundamentals Correlations and Trends

By evaluating Purpose Diversified'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 Purpose Diversified's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Purpose financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Purpose Diversified Etf history

Purpose Diversified 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 Purpose is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Purpose Diversified Real 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 Purpose Diversified stock prices may prove useful in developing a viable investing in Purpose Diversified
The Purpose Diversified Real Asset Fund seeks to provide shareholders with exposure to a diversified portfolio of asset classes that are directly or indirectly linked to physical assets with positive correlation to inflation and are expected to maintain their real value over time. PURPOSE DIVERSIFIED is traded on Toronto Stock Exchange in Canada.

Purpose Diversified Etf Technical Analysis

Purpose Diversified 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.
A focus of Purpose Diversified technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Purpose Diversified trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Purpose Diversified Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Purpose Diversified Real cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Purpose Diversified December 13, 2024 Market Strength

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

Purpose Diversified Technical and Predictive Indicators

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

Other Information on Investing in Purpose Etf

Purpose Diversified financial ratios help investors to determine whether Purpose Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Purpose with respect to the benefits of owning Purpose Diversified security.