Sofr Etf Price on November 14, 2024
| SOFR Etf | 100.50 0.07 0.07% |
If you're considering investing in SOFR Etf, it is important to understand the factors that can impact its price. As of today, the current price of SOFR stands at 100.50, as last reported on the 22nd of December, with the highest price reaching 100.50 and the lowest price hitting 100.48 during the day. Currently, SOFR is very steady. SOFR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.49, which indicates the etf had a 0.49% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SOFR, which you can use to evaluate the volatility of the etf. Please validate SOFR's standard deviation of 0.0352, and Risk Adjusted Performance of 0.1777 to confirm if the risk estimate we provide is consistent with the expected return of 0.0172%.
SOFR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SOFR |
Sharpe Ratio = 0.4858
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Based on monthly moving average SOFR is performing at about 38% 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 SOFR by adding it to a well-diversified portfolio.
SOFR Valuation on November 14, 2024
It is possible to determine the worth of SOFR on a given historical date. On November 14, 2024 SOFR was worth 99.98 at the beginning of the trading date compared to the closed value of 99.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SOFR etf. Still, in general, we apply an absolute valuation method to find SOFR'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 SOFR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SOFR's related companies.
| Open | High | Low | Close | Volume | |
| 99.95 | 99.97 | 99.95 | 99.95 | 6,000 | |
11/14/2024 | 99.98 | 99.98 | 99.96 | 99.97 | 1,700 |
| 100.01 | 100.01 | 100.00 | 100.00 | 500.00 |
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SOFR Trading Date Momentum on November 14, 2024
| On November 15 2024 SOFR was traded for 100.00 at the closing time. The top price for the day was 100.01 and the lowest listed price was 100.00 . The trading volume for the day was 500. The trading history from November 15, 2024 was a factor to the next trading day price gain. The trading price change against the next closing price was 0.03% . The trading price change against the current closing price is 0.15% . |
About SOFR Etf history
SOFR 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 SOFR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SOFR 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 SOFR stock prices may prove useful in developing a viable investing in SOFR
SOFR Etf Technical Analysis
SOFR 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
SOFR Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
SOFR 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.
SOFR December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how SOFR etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SOFR shares will generate the highest return on investment. By undertsting and applying SOFR etf market strength indicators, traders can identify SOFR entry and exit signals to maximize returns
SOFR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SOFR's price direction in advance. Along with the technical and fundamental analysis of SOFR Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SOFR 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 | 0.1777 | |||
| Jensen Alpha | 0.0073 | |||
| Total Risk Alpha | 0.0065 | |||
| Sortino Ratio | (0.41) | |||
| Treynor Ratio | 1.31 |
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Other Information on Investing in SOFR Etf
SOFR financial ratios help investors to determine whether SOFR 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 SOFR with respect to the benefits of owning SOFR security.