United States Brent Etf Price on April 15, 2024
| BNO Etf | USD 30.83 0.27 0.87% |
Below is the normalized historical share price chart for United States Brent extending back to June 02, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of United States stands at 30.83, as last reported on the 4th of May, with the highest price reaching 30.83 and the lowest price hitting 30.83 during the day.
If you're considering investing in United Etf, it is important to understand the factors that can impact its price. We consider United States very steady. United States Brent owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for United States Brent, which you can use to evaluate the volatility of the etf. Please validate United States' Coefficient Of Variation of 1462.11, risk adjusted performance of 0.0487, and Semi Deviation of 1.25 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
United Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 26.43 | 200 Day MA 29.8499 | 1 y Volatility 23.39 | 50 Day MA 31.5316 | Inception Date 2010-06-02 |
United |
Sharpe Ratio = 0.1395
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Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average United States is performing at about 10% 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 United States by adding it to a well-diversified portfolio.
Average Mkt Cap Mil USDÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
United States Valuation on April 15, 2024
It is possible to determine the worth of United States on a given historical date. On April 15, 2024 United was worth 33.0 at the beginning of the trading date compared to the closed value of 33.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United States etf. Still, in general, we apply an absolute valuation method to find United States' 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 United States where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United States' related companies.
| Open | High | Low | Close | Volume | |
| 33.72 | 33.91 | 33.11 | 33.22 | 542,400 | |
04/15/2024 | 33.00 | 33.26 | 32.66 | 33.23 | 1,395,829 |
| 33.10 | 33.24 | 32.96 | 33.11 | 731,862 |
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United States Trading Date Momentum on April 15, 2024
| On April 16 2024 United States Brent was traded for 33.11 at the closing time. Highest United States's price during the trading hours was 33.24 and the lowest price during the day was 32.96 . The net volume was 731.9 K. The overall trading history on the 16th of April 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.36% . The trading price change to current price is 2.80% . |
United States Brent Fundamentals Correlations and Trends
By evaluating United States' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among United States' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. United financial account trend analysis is a perfect complement when working with valuation or volatility modules.About United States Etf history
United States 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 United is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in United States Brent 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 United States stock prices may prove useful in developing a viable investing in United States
The Benchmark Futures Contract is the futures contract on Brent crude oil as traded on the Ice Futures Europe Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire. US Brent is traded on NYSEARCA Exchange in the United States.
United States Etf Technical Analysis
United States 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
United States Period Price Range
Low | April 15, 2024
| High |
33.00 | 33.23 |
United States May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how United States etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United States shares will generate the highest return on investment. By undertsting and applying United States etf market strength indicators, traders can identify United States Brent entry and exit signals to maximize returns
| Accumulation Distribution | 25180.32 | |||
| Daily Balance Of Power | 0.3833 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 32.96 | |||
| Day Typical Price | 33.05 | |||
| Price Action Indicator | 0.38 | |||
| Period Momentum Indicator | (2.40) |
United States Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United States' price direction in advance. Along with the technical and fundamental analysis of United Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of United 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 | 0.0487 | |||
| Jensen Alpha | 0.0697 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0207 | |||
| Treynor Ratio | 0.9357 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in United States Brent. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of United States Brent is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' 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 United States' market value can be influenced by many factors that don't directly affect United States' 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 United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' 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.