Etho Climate Leadership Etf Price on June 28, 2019
| ETHO Etf | USD 55.11 0.04 0.07% |
Below is the normalized historical share price chart for Etho Climate Leadership extending back to November 19, 2015. 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 Etho Climate stands at 55.11, as last reported on the 25th of April, with the highest price reaching 55.16 and the lowest price hitting 54.78 during the day.
If you're considering investing in Etho Etf, it is important to understand the factors that can impact its price. We consider Etho Climate very steady. Etho Climate Leadership secures Sharpe Ratio (or Efficiency) of 0.0057, which denotes the etf had a 0.0057% return per unit of risk over the last 3 months. We have found thirty technical indicators for Etho Climate Leadership, which you can use to evaluate the volatility of the entity. Please confirm Etho Climate's Downside Deviation of 1.08, coefficient of variation of 4128.1, and Mean Deviation of 0.7305 to check if the risk estimate we provide is consistent with the expected return of 0.0054%.
Etho Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 20.45 | 200 Day MA 53.3463 | 1 y Volatility 20.93 | 50 Day MA 56.3003 | Inception Date 2015-11-18 |
Etho |
Sharpe Ratio = 0.0057
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ETHO |
Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Etho Climate 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 Etho Climate by adding Etho Climate to a well-diversified portfolio.
Average Mkt Cap Mil 8.8 K |
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 Etho Climate Etf history
Etho Climate 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 Etho is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Etho Climate Leadership 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 Etho Climate stock prices may prove useful in developing a viable investing in Etho Climate
The index tracks the performance of the equity securities of a diversified set of U.S. companies that are leaders in their industry with respect to their carbon impact. Etho Climate is traded on NYSEARCA Exchange in the United States.
Etho Climate Etf Technical Analysis
Etho Climate 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
Etho Climate Period Price Range
Etho Climate April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Etho Climate etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Etho Climate shares will generate the highest return on investment. By undertsting and applying Etho Climate etf market strength indicators, traders can identify Etho Climate Leadership entry and exit signals to maximize returns
Etho Climate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Etho Climate's price direction in advance. Along with the technical and fundamental analysis of Etho Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Etho 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 | 0.0185 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0094 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Etho Climate Leadership. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Etho Climate Leadership information on this page should be used as a complementary analysis to other Etho Climate's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Etho Climate Leadership is measured differently than its book value, which is the value of Etho that is recorded on the company's balance sheet. Investors also form their own opinion of Etho Climate's value that differs from its market value or its book value, called intrinsic value, which is Etho Climate'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 Etho Climate's market value can be influenced by many factors that don't directly affect Etho Climate'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 Etho Climate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Etho Climate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etho Climate'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.