Gex Index Price on March 15, 2024
| GEX Index | 2,575 4.02 0.16% |
Below is the normalized historical share price chart for GEX extending back to August 15, 2011. 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 GEX stands at 2,575, as last reported on the 4th of June, with the highest price reaching 2,601 and the lowest price hitting 2,563 during the day.
If you're considering investing in GEX Index, it is important to understand the factors that can impact its price. GEX holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of volatility over the last 3 months. We have found twenty-five technical indicators for GEX, which you can use to evaluate the volatility of the entity. GEX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.1537
| Best Portfolio | Best Equity | |||
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| Small Returns | GEX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average GEX is performing at about 12% 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 GEX by adding it to a well-diversified portfolio.
GEX Valuation on March 15, 2024
It is possible to determine the worth of GEX on a given historical date. On March 15, 2024 GEX was worth 2303.85 at the beginning of the trading date compared to the closed value of 2286.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GEX index. Still, in general, we apply an absolute valuation method to find GEX'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 GEX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GEX's related companies.
| Open | High | Low | Close | Volume | |
| 2,317 | 2,343 | 2,303 | 2,307 | 2,120,000 | |
03/15/2024 | 2,304 | 2,310 | 2,284 | 2,286 | 2,710,000 |
| 2,296 | 2,307 | 2,264 | 2,264 | 2,010,000 |
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GEX Trading Date Momentum on March 15, 2024
| On March 18 2024 GEX was traded for 2,264 at the closing time. The highest price during the trading period was 2,307 and the lowest recorded bid was listed for 2,264 . The volume for the day was 2 M. This history from March 18, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.98% . The overall trading delta to the current price is 1.03% . |
Price Boundaries
GEX Period Price Range
Low | March 15, 2024
| High |
2,304 | 2,286 |
GEX June 4, 2024 Market Strength
Market strength indicators help investors to evaluate how GEX index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GEX shares will generate the highest return on investment. By undertsting and applying GEX index market strength indicators, traders can identify GEX entry and exit signals to maximize returns
| Accumulation Distribution | 30874.37 | |||
| Daily Balance Of Power | (0.68) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 2297.08 | |||
| Day Typical Price | 2293.39 | |||
| Price Action Indicator | (20.00) | |||
| Period Momentum Indicator | 289.43 |
GEX Technical Drivers
GEX June 4, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GEX's price direction in advance. Along with the technical and fundamental analysis of GEX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of GEX 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 | 0.0979 | |||
| Mean Deviation | 1.05 | |||
| Semi Deviation | 0.9807 | |||
| Downside Deviation | 1.14 | |||
| Coefficient Of Variation | 676.6 | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.68 | |||
| Information Ratio | 0.1201 | |||
| Total Risk Alpha | 0.128 | |||
| Sortino Ratio | 0.1362 | |||
| Maximum Drawdown | 5.42 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 2.19 | |||
| Downside Variance | 1.31 | |||
| Semi Variance | 0.9617 | |||
| Expected Short fall | (1.23) | |||
| Skewness | 0.0717 | |||
| Kurtosis | 0.1307 |
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| Volatility Indicators | ||
| Volume Indicators |