Ershares Entrepreneurs Etf Price on April 27, 2015
| ENTR Etf | USD 14.55 0.04 0.27% |
If you're considering investing in ERShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of ERShares Entrepreneurs stands at 14.55, as last reported on the 25th of April, with the highest price reaching 14.62 and the lowest price hitting 14.48 during the day. We consider ERShares Entrepreneurs very steady. ERShares Entrepreneurs secures Sharpe Ratio (or Efficiency) of 0.0884, which denotes the etf had a 0.0884% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for ERShares Entrepreneurs ETF, which you can use to evaluate the volatility of the entity. Please confirm ERShares Entrepreneurs' Market Risk Adjusted Performance of 0.5549, mean deviation of 1.22, and Downside Deviation of 1.57 to check if the risk estimate we provide is consistent with the expected return of 0.14%.
ERShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ERShares |
Sharpe Ratio = 0.0884
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Estimated Market Risk
| 1.58 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average ERShares Entrepreneurs is performing at about 6% 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 ERShares Entrepreneurs by adding it to a well-diversified portfolio.
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.
About ERShares Entrepreneurs Etf history
ERShares Entrepreneurs 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 ERShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ERShares Entrepreneurs 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 ERShares Entrepreneurs stock prices may prove useful in developing a viable investing in ERShares Entrepreneurs
The fund invests primarily in equity securities of mid and large capitalization companies traded on the NASDAQ, the New York Stock Exchange or other major U.S. exchanges. Entrepreneur is traded on NYSEARCA Exchange in the United States.
ERShares Entrepreneurs Etf Technical Analysis
ERShares Entrepreneurs 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
ERShares Entrepreneurs Period Price Range
ERShares Entrepreneurs April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how ERShares Entrepreneurs etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ERShares Entrepreneurs shares will generate the highest return on investment. By undertsting and applying ERShares Entrepreneurs etf market strength indicators, traders can identify ERShares Entrepreneurs ETF entry and exit signals to maximize returns
ERShares Entrepreneurs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ERShares Entrepreneurs' price direction in advance. Along with the technical and fundamental analysis of ERShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ERShares 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 | 0.0612 | |||
| Jensen Alpha | 0.1109 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0329 | |||
| Treynor Ratio | 0.5449 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ERShares Entrepreneurs ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of ERShares Entrepreneurs is measured differently than its book value, which is the value of ERShares that is recorded on the company's balance sheet. Investors also form their own opinion of ERShares Entrepreneurs' value that differs from its market value or its book value, called intrinsic value, which is ERShares Entrepreneurs' 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 ERShares Entrepreneurs' market value can be influenced by many factors that don't directly affect ERShares Entrepreneurs' 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 ERShares Entrepreneurs' value and its price as these two are different measures arrived at by different means. Investors typically determine if ERShares Entrepreneurs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ERShares Entrepreneurs' 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.