Flm Etf Price on June 28, 2023
| FLM Etf | USD 56.39 0.43 0.77% |
If you're considering investing in FLM Etf, it is important to understand the factors that can impact its price. As of today, the current price of FLM stands at 56.39, as last reported on the 7th of May, with the highest price reaching 56.39 and the lowest price hitting 55.96 during the day. We have found twenty-nine technical indicators for FLM, which you can use to evaluate the volatility of the entity. Please confirm FLM's Semi Deviation of 0.2788, downside deviation of 0.6641, and Mean Deviation of 0.6387 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
FLM Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
FLM |
Sharpe Ratio = 0.0
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Based on monthly moving average FLM 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 FLM by adding FLM to a well-diversified portfolio.
FLM Valuation on June 28, 2023
It is possible to determine the worth of FLM on a given historical date. On June 28, 2023 FLM was worth 52.08 at the beginning of the trading date compared to the closed value of 52.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FLM etf. Still, in general, we apply an absolute valuation method to find FLM'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 FLM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FLM's related companies.
| Open | High | Low | Close | Volume | |
| 52.28 | 52.28 | 52.28 | 52.28 | 2.00 | |
06/28/2023 | 52.08 | 52.08 | 52.08 | 52.08 | 1.00 |
| 52.51 | 52.51 | 52.51 | 52.51 | 33.00 |
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FLM Trading Date Momentum on June 28, 2023
| On June 29 2023 FLM was traded for 52.51 at the closing time. Highest FLM's price during the trading hours was 52.51 and the lowest price during the day was 52.51 . The net volume was 33.0. The overall trading history on the 29th of June contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.83% . The overall trading delta to current price is 1.71% . |
FLM Fundamentals Correlations and Trends
By evaluating FLM's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among FLM's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FLM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FLM Etf history
FLM 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 FLM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FLM 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 FLM stock prices may prove useful in developing a viable investing in FLM
FLM Etf Technical Analysis
FLM 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
FLM Period Price Range
Low | June 28, 2023
| High |
52.08 | 52.08 |
FLM May 7, 2024 Market Strength
Market strength indicators help investors to evaluate how FLM etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FLM shares will generate the highest return on investment. By undertsting and applying FLM etf market strength indicators, traders can identify FLM entry and exit signals to maximize returns
FLM Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FLM's price direction in advance. Along with the technical and fundamental analysis of FLM Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of FLM 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 | 0.155 | |||
| Jensen Alpha | 0.2005 | |||
| Total Risk Alpha | 0.1094 | |||
| Sortino Ratio | 0.2013 | |||
| Treynor Ratio | (8.36) |
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of FLM is measured differently than its book value, which is the value of FLM that is recorded on the company's balance sheet. Investors also form their own opinion of FLM's value that differs from its market value or its book value, called intrinsic value, which is FLM'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 FLM's market value can be influenced by many factors that don't directly affect FLM'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 FLM's value and its price as these two are different measures arrived at by different means. Investors typically determine if FLM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FLM'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.