Tuttle Capital Short Etf Price on February 2, 2024
| SARK Etf | USD 30.28 0.93 2.98% |
If you're considering investing in Tuttle Etf, it is important to understand the factors that can impact its price. As of today, the current price of Tuttle Capital stands at 30.28, as last reported on the 14th of May 2024, with the highest price reaching 30.89 and the lowest price hitting 29.81 during the day. We consider Tuttle Capital very steady. Tuttle Capital Short owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0859, which indicates the etf had a 0.0859% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tuttle Capital Short, which you can use to evaluate the volatility of the etf. Please validate Tuttle Capital's Coefficient Of Variation of 1163.98, risk adjusted performance of 0.0602, and Semi Deviation of 1.84 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
Tuttle Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Tuttle |
Sharpe Ratio = 0.0859
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SARK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.03 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Tuttle Capital 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 Tuttle Capital by adding it to a well-diversified portfolio.
Tuttle Capital Valuation on February 2, 2024
It is possible to determine the worth of Tuttle Capital on a given historical date. On February 2, 2024 Tuttle was worth 29.62 at the beginning of the trading date compared to the closed value of 29.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tuttle Capital etf. Still, in general, we apply an absolute valuation method to find Tuttle Capital'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 Tuttle Capital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tuttle Capital's related companies.
| Open | High | Low | Close | Volume | |
| 29.62 | 30.12 | 29.22 | 29.46 | 2,121,742 | |
02/02/2024 | 29.62 | 29.97 | 28.96 | 29.05 | 2,275,354 |
| 29.34 | 30.33 | 29.30 | 29.97 | 1,667,692 |
| Backtest Tuttle Capital | | | Tuttle Capital History | | | Tuttle Capital Valuation | Previous | Next |
Tuttle Capital Trading Date Momentum on February 2, 2024
| On February 05 2024 Tuttle Capital Short was traded for 29.97 at the closing time. The top price for the day was 30.33 and the lowest listed price was 29.30 . The trading volume for the day was 1.7 M. The trading history from February 5, 2024 was a factor to the next trading day price upswing. The trading price change against the next closing price was 3.17% . The trading price change against the current closing price is 6.20% . |
Tuttle Capital Short Fundamentals Correlations and Trends
By evaluating Tuttle Capital'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 Tuttle Capital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tuttle financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tuttle Capital Etf history
Tuttle Capital 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 Tuttle is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tuttle Capital Short 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 Tuttle Capital stock prices may prove useful in developing a viable investing in Tuttle Capital
The fund is an actively managed ETF that the advisor attempts to achieve the inverse of the return of the ARK Innovation ETF for a single day by entering into a swap agreement on the ARK Innovation ETF. Tuttle Capital is traded on NASDAQ Exchange in the United States.
Tuttle Capital Etf Technical Analysis
Tuttle Capital 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
Tuttle Capital Period Price Range
Low | February 2, 2024
| High |
29.62 | 29.05 |
Tuttle Capital May 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Tuttle Capital etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tuttle Capital shares will generate the highest return on investment. By undertsting and applying Tuttle Capital etf market strength indicators, traders can identify Tuttle Capital Short entry and exit signals to maximize returns
| Accumulation Distribution | 76680.26 | |||
| Daily Balance Of Power | (0.56) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 29.47 | |||
| Day Typical Price | 29.33 | |||
| Price Action Indicator | (0.70) | |||
| Period Momentum Indicator | 1.23 |
Tuttle Capital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tuttle Capital's price direction in advance. Along with the technical and fundamental analysis of Tuttle Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tuttle 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 | 0.0602 | |||
| Jensen Alpha | 0.2844 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0455 | |||
| Treynor Ratio | (0.10) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tuttle Capital Short. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Tuttle Capital Short is measured differently than its book value, which is the value of Tuttle that is recorded on the company's balance sheet. Investors also form their own opinion of Tuttle Capital's value that differs from its market value or its book value, called intrinsic value, which is Tuttle Capital'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 Tuttle Capital's market value can be influenced by many factors that don't directly affect Tuttle Capital'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 Tuttle Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tuttle Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tuttle Capital'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.