IncomeShares Nasdaq (UK) Price on October 15, 2024
| QQQY Etf | 8.97 0.09 0.99% |
If you're considering investing in IncomeShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of IncomeShares Nasdaq stands at 8.97, as last reported on the 28th of December, with the highest price reaching 9.14 and the lowest price hitting 8.95 during the day. IncomeShares Nasdaq 100 holds Efficiency (Sharpe) Ratio of -0.086, which attests that the entity had a -0.086% return per unit of risk over the last 3 months. IncomeShares Nasdaq 100 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IncomeShares Nasdaq's Risk Adjusted Performance of (0.05), standard deviation of 1.55, and Market Risk Adjusted Performance of (0.53) to validate the risk estimate we provide.
IncomeShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IncomeShares |
Sharpe Ratio = -0.086
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Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IncomeShares Nasdaq 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 IncomeShares Nasdaq by adding IncomeShares Nasdaq to a well-diversified portfolio.
IncomeShares Nasdaq Valuation on October 15, 2024
It is possible to determine the worth of IncomeShares Nasdaq on a given historical date. On October 15, 2024 IncomeShares was worth 9.22 at the beginning of the trading date compared to the closed value of 9.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IncomeShares Nasdaq etf. Still, in general, we apply an absolute valuation method to find IncomeShares Nasdaq'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 IncomeShares Nasdaq where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IncomeShares Nasdaq's related companies.
| Open | High | Low | Close | Volume | |
| 9.16 | 9.23 | 8.92 | 9.20 | 690.00 | |
10/15/2024 | 9.22 | 9.23 | 8.63 | 9.11 | 931.00 |
| 9.13 | 9.26 | 9.02 | 9.10 | 4,997 |
| Backtest IncomeShares Nasdaq | | | IncomeShares Nasdaq History | Previous | Next |
IncomeShares Nasdaq Trading Date Momentum on October 15, 2024
| On October 16 2024 IncomeShares Nasdaq 100 was traded for 9.10 at the closing time. The highest price during the trading period was 9.26 and the lowest recorded bid was listed for 9.02 . The volume for the day was 5 K. This history from October 16, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.11% . The trading delta at closing time to the current price is 0.44% . |
Price Boundaries
IncomeShares Nasdaq Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
IncomeShares Nasdaq 100 cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.
IncomeShares Nasdaq December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how IncomeShares Nasdaq etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IncomeShares Nasdaq shares will generate the highest return on investment. By undertsting and applying IncomeShares Nasdaq etf market strength indicators, traders can identify IncomeShares Nasdaq 100 entry and exit signals to maximize returns
IncomeShares Nasdaq Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IncomeShares Nasdaq's price direction in advance. Along with the technical and fundamental analysis of IncomeShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IncomeShares 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.