Microsectorstm Oil Gas Etf Price on October 2, 2017
OILU Etf | USD 47.31 1.45 3.16% |
If you're considering investing in MicroSectorsTM Etf, it is important to understand the factors that can impact its price. As of today, the current price of MicroSectorsTM Oil stands at 47.31, as last reported on the 28th of March, with the highest price reaching 47.43 and the lowest price hitting 46.00 during the day. MicroSectorsTM Oil appears to be very steady, given 3 months investment horizon. MicroSectorsTM Oil Gas has Sharpe Ratio of 0.18, which conveys that the entity had a 0.18% return per unit of risk over the last 3 months. By analyzing MicroSectorsTM Oil's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise MicroSectorsTM Oil's Downside Deviation of 3.16, risk adjusted performance of 0.0816, and Mean Deviation of 2.25 to check out if our risk estimates are consistent with your expectations.
MicroSectorsTM Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
MicroSectorsTM |
Sharpe Ratio = 0.176
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average MicroSectorsTM Oil is performing at about 13% 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 MicroSectorsTM Oil by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
MSFT | Microsoft | |
GOOG | Alphabet Class C | |
S | SentinelOne |
About MicroSectorsTM Oil Etf history
MicroSectorsTM Oil 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 MicroSectorsTM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MicroSectorsTM Oil Gas 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 MicroSectorsTM Oil stock prices may prove useful in developing a viable investing in MicroSectorsTM Oil
MicroSectorsTM Oil Etf Technical Analysis
MicroSectorsTM Oil 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
MicroSectorsTM Oil Period Price Range
MicroSectorsTM Oil March 28, 2024 Market Strength
Market strength indicators help investors to evaluate how MicroSectorsTM Oil etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MicroSectorsTM Oil shares will generate the highest return on investment. By undertsting and applying MicroSectorsTM Oil etf market strength indicators, traders can identify MicroSectorsTM Oil Gas entry and exit signals to maximize returns
Accumulation Distribution | 11780.75 | |||
Daily Balance Of Power | 1.013986 | |||
Rate Of Daily Change | 1.03 | |||
Day Median Price | 46.72 | |||
Day Typical Price | 46.91 | |||
Price Action Indicator | 1.32 | |||
Period Momentum Indicator | 1.45 |
MicroSectorsTM Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MicroSectorsTM Oil's price direction in advance. Along with the technical and fundamental analysis of MicroSectorsTM Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of MicroSectorsTM 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 | 0.0816 | |||
Jensen Alpha | 0.1376 | |||
Total Risk Alpha | (0.28) | |||
Sortino Ratio | 0.0808 | |||
Treynor Ratio | 0.1948 |
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Pattern Recognition | ||
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in MicroSectorsTM Oil Gas. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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When running MicroSectorsTM Oil's price analysis, check to measure MicroSectorsTM Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MicroSectorsTM Oil is operating at the current time. Most of MicroSectorsTM Oil's value examination focuses on studying past and present price action to predict the probability of MicroSectorsTM Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MicroSectorsTM Oil's price. Additionally, you may evaluate how the addition of MicroSectorsTM Oil to your portfolios can decrease your overall portfolio volatility.
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The market value of MicroSectorsTM Oil Gas is measured differently than its book value, which is the value of MicroSectorsTM that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectorsTM Oil's value that differs from its market value or its book value, called intrinsic value, which is MicroSectorsTM Oil'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 MicroSectorsTM Oil's market value can be influenced by many factors that don't directly affect MicroSectorsTM Oil'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 MicroSectorsTM Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectorsTM Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectorsTM Oil'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.