Etf Series Solutions Etf Price on September 20, 2024
| TRFM Etf | USD 39.40 0.80 1.99% |
If you're considering investing in ETF Etf, it is important to understand the factors that can impact its price. As of today, the current price of ETF Series stands at 39.40, as last reported on the 11th of December 2024, with the highest price reaching 39.73 and the lowest price hitting 39.40 during the day. ETF Series appears to be very steady, given 3 months investment horizon. ETF Series Solutions secures Sharpe Ratio (or Efficiency) of 0.27, which denotes the etf had a 0.27% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for ETF Series Solutions, which you can use to evaluate the volatility of the entity. Please utilize ETF Series' mean deviation of 0.8737, and Downside Deviation of 1.01 to check if our risk estimates are consistent with your expectations.
ETF Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ETF |
Sharpe Ratio = 0.2707
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average ETF Series is performing at about 21% 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 ETF Series by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 45.3 K |
ETF Series Valuation on September 20, 2024
It is possible to determine the worth of ETF Series on a given historical date. On September 20, 2024 ETF was worth 33.9 at the beginning of the trading date compared to the closed value of 33.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ETF Series etf. Still, in general, we apply an absolute valuation method to find ETF Series' 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 ETF Series where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ETF Series' related companies.
| Open | High | Low | Close | Volume | |
| 34.05 | 34.16 | 33.99 | 34.00 | 5,211 | |
09/20/2024 | 33.90 | 33.97 | 33.90 | 33.97 | 429.00 |
| 34.12 | 34.15 | 34.12 | 34.15 | 893.00 |
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ETF Series Trading Date Momentum on September 20, 2024
| On September 23 2024 ETF Series Solutions was traded for 34.15 at the closing time. The top price for the day was 34.15 and the lowest listed price was 34.12 . The trading volume for the day was 893. The trading history from September 23, 2024 was a factor to the next trading day price boost. The trading price change against the next closing price was 0.53% . The overall trading delta against the current closing price is 2.59% . |
ETF Series Solutions Fundamentals Correlations and Trends
By evaluating ETF Series' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ETF Series' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ETF financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ETF Series Etf history
ETF Series 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 ETF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ETF Series Solutions 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 ETF Series stock prices may prove useful in developing a viable investing in ETF Series
ETF Series Etf Technical Analysis
ETF Series 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
ETF Series Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
ETF Series Solutions 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.
ETF Series December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how ETF Series etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ETF Series shares will generate the highest return on investment. By undertsting and applying ETF Series etf market strength indicators, traders can identify ETF Series Solutions entry and exit signals to maximize returns
ETF Series Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ETF Series' price direction in advance. Along with the technical and fundamental analysis of ETF Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ETF 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 | 0.2229 | |||
| Jensen Alpha | 0.2072 | |||
| Total Risk Alpha | 0.1529 | |||
| Sortino Ratio | 0.2149 | |||
| Treynor Ratio | 0.3068 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ETF Series Solutions. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of ETF Series Solutions is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Series' value that differs from its market value or its book value, called intrinsic value, which is ETF Series' 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 ETF Series' market value can be influenced by many factors that don't directly affect ETF Series' 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 ETF Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Series' 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.