Enact Holdings Etf Price on April 26, 2024
| ACT Etf | USD 30.75 0.15 0.49% |
If you're considering investing in Enact Etf, it is important to understand the factors that can impact its price. As of today, the current price of Enact Holdings stands at 30.75, as last reported on the 30th of May, with the highest price reaching 31.02 and the lowest price hitting 30.67 during the day. We consider Enact Holdings very steady. Enact Holdings secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the etf had a 0.18% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Enact Holdings, which you can use to evaluate the volatility of the entity. Please confirm Enact Holdings' Downside Deviation of 0.9247, semi deviation of 0.6723, and Mean Deviation of 0.7635 to check if the risk estimate we provide is consistent with the expected return of 0.19%.
Enact Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Enact |
Sharpe Ratio = 0.1834
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Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Enact Holdings is performing at about 14% 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 Enact Holdings by adding it to a well-diversified portfolio.
Price Book 1.0086 | Price Sales 4.0523 | Shares Float 28.9 M | Dividend Share 0.66 | Wall Street Target Price 34.2 |
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Enact Holdings Valuation on April 26, 2024
It is possible to determine the worth of Enact Holdings on a given historical date. On April 26, 2024 Enact was worth 29.9 at the beginning of the trading date compared to the closed value of 29.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enact Holdings etf. Still, in general, we apply an absolute valuation method to find Enact Holdings' 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 Enact Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enact Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 29.87 | 29.97 | 29.70 | 29.94 | 147,108 | |
04/26/2024 | 29.90 | 30.11 | 29.90 | 29.95 | 121,173 |
| 29.99 | 30.16 | 29.90 | 29.93 | 163,339 |
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Enact Holdings Trading Date Momentum on April 26, 2024
| On April 29 2024 Enact Holdings was traded for 29.93 at the closing time. Highest Enact Holdings's price during the trading hours was 30.16 and the lowest price during the day was 29.90 . The net volume was 163.3 K. The overall trading history on the 29th of April contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.07% . The overall trading delta to current price is 2.74% . |
Enact Holdings Fundamentals Correlations and Trends
By evaluating Enact Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Enact Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enact financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Enact Holdings Etf history
Enact Holdings 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 Enact is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enact Holdings 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 Enact Holdings stock prices may prove useful in developing a viable investing in Enact Holdings
Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. Enact Holdings is listed under InsuranceSpecialty in the United States and is traded on NASDAQ Exchange exchange.
Enact Holdings Etf Technical Analysis
Enact Holdings 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
Enact Holdings Period Price Range
Low | April 26, 2024
| High |
29.90 | 29.95 |
Enact Holdings May 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Enact Holdings etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enact Holdings shares will generate the highest return on investment. By undertsting and applying Enact Holdings etf market strength indicators, traders can identify Enact Holdings entry and exit signals to maximize returns
Enact Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Enact Holdings' price direction in advance. Along with the technical and fundamental analysis of Enact Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enact 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 | 0.1333 | |||
| Jensen Alpha | 0.1913 | |||
| Total Risk Alpha | 0.173 | |||
| Sortino Ratio | 0.2075 | |||
| Treynor Ratio | 0.2116 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Enact Holdings. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Enact Etf please use our How to Invest in Enact Holdings guide.Note that the Enact Holdings information on this page should be used as a complementary analysis to other Enact Holdings' 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of Enact Holdings is measured differently than its book value, which is the value of Enact that is recorded on the company's balance sheet. Investors also form their own opinion of Enact Holdings' value that differs from its market value or its book value, called intrinsic value, which is Enact Holdings' 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 Enact Holdings' market value can be influenced by many factors that don't directly affect Enact Holdings' 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 Enact Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enact Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enact Holdings' 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.