NewFunds Low (South Africa) Price on October 14, 2024
| STXLVL Etf | 1,264 2.00 0.16% |
If you're considering investing in NewFunds Etf, it is important to understand the factors that can impact its price. As of today, the current price of NewFunds Low stands at 1,264, as last reported on the 13th of December 2024, with the highest price reaching 1,264 and the lowest price hitting 1,258 during the day. At this point, NewFunds Low is very steady. NewFunds Low Volatility has Sharpe Ratio of 0.13, which conveys that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for NewFunds Low, which you can use to evaluate the volatility of the etf. Please verify NewFunds Low's Risk Adjusted Performance of 0.0982, mean deviation of 0.4853, and Downside Deviation of 0.5434 to check out if the risk estimate we provide is consistent with the expected return of 0.0764%.
NewFunds Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
NewFunds |
Sharpe Ratio = 0.1254
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | STXLVL | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average NewFunds Low is performing at about 9% 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 NewFunds Low by adding it to a well-diversified portfolio.
NewFunds Low Valuation on October 14, 2024
It is possible to determine the worth of NewFunds Low on a given historical date. On October 14, 2024 NewFunds was worth 1264.0 at the beginning of the trading date compared to the closed value of 1274.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NewFunds Low etf. Still, in general, we apply an absolute valuation method to find NewFunds Low'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 NewFunds Low where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NewFunds Low's related companies.
| Open | High | Low | Close | Volume | |
| 1,255 | 1,269 | 1,255 | 1,268 | 1.00 | |
10/14/2024 | 1,264 | 1,274 | 1,264 | 1,274 | 13.00 |
| 1,264 | 1,285 | 1,264 | 1,276 | 759.00 |
| Backtest NewFunds Low | | | NewFunds Low History | Previous | Next |
NewFunds Low Trading Date Momentum on October 14, 2024
| On October 15 2024 NewFunds Low Volatility was traded for 1,276 at the closing time. The highest price during the trading period was 1,285 and the lowest recorded bid was listed for 1,264 . The volume for the day was 759. This history from October 15, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.16% . The trading delta at closing time to the current price is 1.49% . |
Price Boundaries
NewFunds Low Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
NewFunds Low Volatility cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
NewFunds Low December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how NewFunds Low etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NewFunds Low shares will generate the highest return on investment. By undertsting and applying NewFunds Low etf market strength indicators, traders can identify NewFunds Low Volatility entry and exit signals to maximize returns
NewFunds Low Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NewFunds Low's price direction in advance. Along with the technical and fundamental analysis of NewFunds Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of NewFunds 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.