BetaShares Solar (Australia) Price on November 29, 2024
| TANN Etf | 6.50 0.14 2.11% |
If you're considering investing in BetaShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of BetaShares Solar stands at 6.50, as last reported on the 22nd of December, with the highest price reaching 6.63 and the lowest price hitting 6.50 during the day. BetaShares Solar ETF secures Sharpe Ratio (or Efficiency) of -0.0973, which signifies that the etf had a -0.0973% return per unit of risk over the last 3 months. BetaShares Solar ETF exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BetaShares Solar's Risk Adjusted Performance of (0.07), mean deviation of 1.27, and Standard Deviation of 1.88 to double-check the risk estimate we provide.
BetaShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
BetaShares |
Sharpe Ratio = -0.0973
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| Negative Returns | TANN |
Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BetaShares Solar 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 BetaShares Solar by adding BetaShares Solar to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
BetaShares Solar Valuation on November 29, 2024
It is possible to determine the worth of BetaShares Solar on a given historical date. On November 29, 2024 BetaShares was worth 6.82 at the beginning of the trading date compared to the closed value of 6.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BetaShares Solar etf. Still, in general, we apply an absolute valuation method to find BetaShares Solar'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 BetaShares Solar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BetaShares Solar's related companies.
| Open | High | Low | Close | Volume | |
| 6.78 | 6.79 | 6.78 | 6.79 | 207.00 | |
11/29/2024 | 6.82 | 6.82 | 6.79 | 6.80 | 4.00 |
| 6.84 | 6.84 | 6.80 | 6.80 | 138.00 |
| Backtest BetaShares Solar | | | BetaShares Solar History | Previous | Next |
BetaShares Solar Trading Date Momentum on November 29, 2024
| On December 02 2024 BetaShares Solar ETF was traded for 6.80 at the closing time. The highest price during the trading period was 6.84 and the lowest recorded bid was listed for 6.80 . The volume for the day was 138. This history from December 2, 2024 did not affect price variability. The overall trading delta to the current price is 0.44% . |
About BetaShares Solar Etf history
BetaShares Solar 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 BetaShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BetaShares Solar ETF 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 BetaShares Solar stock prices may prove useful in developing a viable investing in BetaShares Solar
BetaShares Solar Etf Technical Analysis
BetaShares Solar 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
BetaShares Solar Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
BetaShares Solar ETF cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
BetaShares Solar December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how BetaShares Solar etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BetaShares Solar shares will generate the highest return on investment. By undertsting and applying BetaShares Solar etf market strength indicators, traders can identify BetaShares Solar ETF entry and exit signals to maximize returns
BetaShares Solar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BetaShares Solar's price direction in advance. Along with the technical and fundamental analysis of BetaShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of BetaShares 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 | (0.07) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.3719 |
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Other Information on Investing in BetaShares Etf
BetaShares Solar financial ratios help investors to determine whether BetaShares 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 BetaShares with respect to the benefits of owning BetaShares Solar security.