Ubs Etracs Etf Price on April 17, 2023
| WTIU Etf | USD 21.13 1.07 4.82% |
If you're considering investing in UBS Etf, it is important to understand the factors that can impact its price. As of today, the current price of UBS ETRACS stands at 21.13, as last reported on the 1st of May, with the highest price reaching 21.31 and the lowest price hitting 20.84 during the day. UBS ETRACS appears to be not too volatile, given 3 months investment horizon. UBS ETRACS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the etf had a 0.2% return per unit of standard deviation over the last 3 months. By examining UBS ETRACS's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please review UBS ETRACS's Risk Adjusted Performance of 0.1799, downside deviation of 2.46, and Market Risk Adjusted Performance of (1.44) to confirm if our risk estimates are consistent with your expectations.
UBS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
UBS |
Sharpe Ratio = 0.2008
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | WTIU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.9 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average UBS ETRACS is performing at about 15% 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 UBS ETRACS by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
UBS ETRACS Valuation on April 17, 2023
It is possible to determine the worth of UBS ETRACS on a given historical date. On April 17, 2023 UBS was worth 20.67 at the beginning of the trading date compared to the closed value of 20.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UBS ETRACS etf. Still, in general, we apply an absolute valuation method to find UBS ETRACS'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 UBS ETRACS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UBS ETRACS's related companies.
| Open | High | Low | Close | Volume | |
| 21.67 | 21.67 | 21.67 | 21.67 | 25.00 | |
04/17/2023 | 20.67 | 20.67 | 20.67 | 20.67 | 39.00 |
| 20.30 | 20.64 | 20.30 | 20.64 | 152.00 |
| Backtest UBS ETRACS | | | UBS ETRACS History | | | UBS ETRACS Valuation | Previous | Next |
UBS ETRACS Trading Date Momentum on April 17, 2023
| On April 18 2023 UBS ETRACS was traded for 20.64 at the closing time. The top price for the day was 20.64 and the lowest listed price was 20.30 . The trading volume for the day was 152. The trading history from April 18, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.15% . The trading price change against the current closing price is 12.48% . |
UBS ETRACS Fundamentals Correlations and Trends
By evaluating UBS ETRACS'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 UBS ETRACS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. UBS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About UBS ETRACS Etf history
UBS ETRACS 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 UBS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in UBS ETRACS 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 UBS ETRACS stock prices may prove useful in developing a viable investing in UBS ETRACS
The investment seeks to provide a daily long leveraged exposure to the performance of the Bloomberg WTI Crude Oil Subindex ERSM. UBS ETRACS is traded on PCX Exchange in the United States.
UBS ETRACS Etf Technical Analysis
UBS ETRACS 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
UBS ETRACS Period Price Range
Low | April 17, 2023
| High |
20.67 | 20.67 |
UBS ETRACS May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how UBS ETRACS etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UBS ETRACS shares will generate the highest return on investment. By undertsting and applying UBS ETRACS etf market strength indicators, traders can identify UBS ETRACS entry and exit signals to maximize returns
UBS ETRACS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for UBS ETRACS's price direction in advance. Along with the technical and fundamental analysis of UBS Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of UBS 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 | 0.1799 | |||
| Jensen Alpha | 0.7273 | |||
| Total Risk Alpha | 0.4987 | |||
| Sortino Ratio | 0.2657 | |||
| Treynor Ratio | (1.45) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UBS ETRACS . Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of UBS ETRACS is measured differently than its book value, which is the value of UBS that is recorded on the company's balance sheet. Investors also form their own opinion of UBS ETRACS's value that differs from its market value or its book value, called intrinsic value, which is UBS ETRACS'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 UBS ETRACS's market value can be influenced by many factors that don't directly affect UBS ETRACS'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 UBS ETRACS's value and its price as these two are different measures arrived at by different means. Investors typically determine if UBS ETRACS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UBS ETRACS'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.