Efuture Information Technology Etf Price on February 8, 2024
| EFUT Etf | 24.98 0.53 2.17% |
Below is the normalized historical share price chart for eFuture Information Technology extending back to November 09, 2006. 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 EFuture Information stands at 24.98, as last reported on the 5th of May, with the highest price reaching 24.98 and the lowest price hitting 24.80 during the day.
If you're considering investing in EFuture Etf, it is important to understand the factors that can impact its price. EFuture Information appears to be not too volatile, given 3 months investment horizon. eFuture Information secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the etf had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for eFuture Information Technology, which you can use to evaluate the volatility of the entity. Please utilize EFuture Information's Risk Adjusted Performance of 0.0839, semi deviation of 2.86, and Downside Deviation of 3.26 to check if our risk estimates are consistent with your expectations.
EFuture Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of October 2006 | 200 Day MA 22.2848 | 50 Day MA 27.0911 |
EFuture |
Sharpe Ratio = 0.1227
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.5 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average EFuture Information 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 EFuture Information by adding it to a well-diversified portfolio.
EFuture Information Valuation on February 8, 2024
It is possible to determine the worth of EFuture Information on a given historical date. On February 8, 2024 EFuture was worth 20.75 at the beginning of the trading date compared to the closed value of 20.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EFuture Information etf. Still, in general, we apply an absolute valuation method to find EFuture Information'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 EFuture Information where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EFuture Information's related companies.
| Open | High | Low | Close | Volume | |
| 20.34 | 20.86 | 20.27 | 20.83 | 15,109 | |
02/08/2024 | 20.75 | 21.06 | 20.65 | 20.73 | 36,100 |
| 21.12 | 21.37 | 21.11 | 21.16 | 10,200 |
| Backtest EFuture Information | | | EFuture Information History | | | EFuture Information Valuation | Previous | Next |
EFuture Information Trading Date Momentum on February 8, 2024
| On February 09 2024 eFuture Information Technology was traded for 21.16 at the closing time. The top price for the day was 21.37 and the lowest listed price was 21.11 . The trading volume for the day was 10.2 K. The trading history from February 9, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 2.07% . The trading date delta against the current closing price is 17.32% . |
About EFuture Information Etf history
EFuture Information 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 EFuture is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in eFuture Information 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 EFuture Information stock prices may prove useful in developing a viable investing in EFuture Information
EFuture Information Etf Technical Analysis
EFuture Information 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
EFuture Information Period Price Range
Low | February 8, 2024
| High |
20.75 | 20.73 |
EFuture Information May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how EFuture Information etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EFuture Information shares will generate the highest return on investment. By undertsting and applying EFuture Information etf market strength indicators, traders can identify eFuture Information Technology entry and exit signals to maximize returns
| Accumulation Distribution | 702.8 | |||
| Daily Balance Of Power | (0.05) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 20.85 | |||
| Day Typical Price | 20.81 | |||
| Price Action Indicator | (0.13) | |||
| Period Momentum Indicator | 4.25 |
EFuture Information Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EFuture Information's price direction in advance. Along with the technical and fundamental analysis of EFuture Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of EFuture 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 | 0.0839 | |||
| Jensen Alpha | 0.2544 | |||
| Total Risk Alpha | 0.0243 | |||
| Sortino Ratio | 0.1025 | |||
| Treynor Ratio | 0.1879 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eFuture Information Technology. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of eFuture Information is measured differently than its book value, which is the value of EFuture that is recorded on the company's balance sheet. Investors also form their own opinion of EFuture Information's value that differs from its market value or its book value, called intrinsic value, which is EFuture Information's 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 EFuture Information's market value can be influenced by many factors that don't directly affect EFuture Information's 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 EFuture Information's value and its price as these two are different measures arrived at by different means. Investors typically determine if EFuture Information is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EFuture Information's 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.