Rayliant Quantitative Developed Etf Price on December 10, 2024
| RAYD Etf | USD 33.04 0.04 0.12% |
If you're considering investing in Rayliant Etf, it is important to understand the factors that can impact its price. As of today, the current price of Rayliant Quantitative stands at 33.04, as last reported on the 13th of December 2024, with the highest price reaching 33.14 and the lowest price hitting 33.04 during the day. At this point, Rayliant Quantitative is very steady. Rayliant Quantitative maintains Sharpe Ratio (i.e., Efficiency) of 0.24, which implies the entity had a 0.24% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rayliant Quantitative, which you can use to evaluate the volatility of the etf. Please check Rayliant Quantitative's Coefficient Of Variation of 342.62, semi deviation of 0.221, and Risk Adjusted Performance of 0.2087 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Rayliant Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Rayliant |
Sharpe Ratio = 0.2444
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Estimated Market Risk
| 0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Rayliant Quantitative is performing at about 19% 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 Rayliant Quantitative by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 110.1 K |
Rayliant Quantitative Main Headline on 10th of December 2024
Trading Report - Stock Traders Daily by news.google.com Trading Report Stock Traders Daily |
Rayliant Quantitative Valuation on December 10, 2024
It is possible to determine the worth of Rayliant Quantitative on a given historical date. On December 10, 2024 Rayliant was worth 33.13 at the beginning of the trading date compared to the closed value of 32.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rayliant Quantitative etf. Still, in general, we apply an absolute valuation method to find Rayliant Quantitative'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 Rayliant Quantitative where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rayliant Quantitative's related companies.
| Open | High | Low | Close | Volume | |
| 33.34 | 33.34 | 33.07 | 33.07 | 1,128 | |
12/10/2024 | 33.13 | 33.13 | 32.97 | 32.97 | 5,452 |
| 33.07 | 33.10 | 33.07 | 33.08 | 3,000 |
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Rayliant Quantitative Trading Date Momentum on December 10, 2024
| On December 11 2024 Rayliant Quantitative Developed was traded for 33.08 at the closing time. The top price for the day was 33.10 and the lowest listed price was 33.07 . The trading volume for the day was 3 K. The trading history from December 11, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.33% . The trading delta at closing time against the current closing price is 0.39% . |
Rayliant Quantitative Fundamentals Correlations and Trends
By evaluating Rayliant Quantitative'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 Rayliant Quantitative's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rayliant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rayliant Quantitative Etf history
Rayliant Quantitative 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 Rayliant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rayliant Quantitative 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 Rayliant Quantitative stock prices may prove useful in developing a viable investing in Rayliant Quantitative
The fund invests, under normal circumstances, at least 80 percent of its net assets plus any borrowings for investment purposes in equity securities of developed market companies. Advisors Inner is traded on NYSEARCA Exchange in the United States.
Rayliant Quantitative Etf Technical Analysis
Rayliant Quantitative 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
Rayliant Quantitative Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Rayliant Quantitative Developed 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.
Rayliant Quantitative December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Rayliant Quantitative etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rayliant Quantitative shares will generate the highest return on investment. By undertsting and applying Rayliant Quantitative etf market strength indicators, traders can identify Rayliant Quantitative Developed entry and exit signals to maximize returns
Rayliant Quantitative Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rayliant Quantitative's price direction in advance. Along with the technical and fundamental analysis of Rayliant Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rayliant 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 | 0.2087 | |||
| Jensen Alpha | 0.0911 | |||
| Total Risk Alpha | 0.0729 | |||
| Sortino Ratio | 0.0857 | |||
| Treynor Ratio | 0.2606 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rayliant Quantitative Developed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of Rayliant Quantitative is measured differently than its book value, which is the value of Rayliant that is recorded on the company's balance sheet. Investors also form their own opinion of Rayliant Quantitative's value that differs from its market value or its book value, called intrinsic value, which is Rayliant Quantitative'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 Rayliant Quantitative's market value can be influenced by many factors that don't directly affect Rayliant Quantitative'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 Rayliant Quantitative's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rayliant Quantitative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rayliant Quantitative'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.