Abrdn Physical Precious Etf Price on March 5, 2024
| GLTR Etf | USD 102.15 0.90 0.87% |
If you're considering investing in Abrdn Etf, it is important to understand the factors that can impact its price. As of today, the current price of Abrdn Physical stands at 102.15, as last reported on the 13th of May 2024, with the highest price reaching 102.73 and the lowest price hitting 102.04 during the day. Abrdn Physical appears to be very steady, given 3 months investment horizon. abrdn Physical Precious secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the etf had a 0.29% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for abrdn Physical Precious, which you can use to evaluate the volatility of the entity. Please makes use of Abrdn Physical's Downside Deviation of 0.9703, semi deviation of 0.7449, and Risk Adjusted Performance of 0.1565 to double-check if our risk estimates are consistent with your expectations.
Abrdn Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Abrdn |
Sharpe Ratio = 0.288
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Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Abrdn Physical is performing at about 22% 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 Abrdn Physical by adding it to a well-diversified portfolio.
Abrdn Physical Valuation on March 5, 2024
It is possible to determine the worth of Abrdn Physical on a given historical date. On March 5, 2024 Abrdn was worth 91.9 at the beginning of the trading date compared to the closed value of 91.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Abrdn Physical etf. Still, in general, we apply an absolute valuation method to find Abrdn Physical'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 Abrdn Physical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Abrdn Physical's related companies.
| Open | High | Low | Close | Volume | |
| 90.31 | 91.67 | 90.28 | 91.42 | 33,364 | |
03/05/2024 | 91.90 | 92.05 | 91.28 | 91.41 | 74,072 |
| 92.35 | 93.29 | 92.32 | 93.04 | 32,424 |
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Abrdn Physical Trading Date Momentum on March 5, 2024
| On March 06 2024 abrdn Physical Precious was traded for 93.04 at the closing time. The top price for the day was 93.29 and the lowest listed price was 92.32 . The trading volume for the day was 32.4 K. The trading history from March 6, 2024 was a factor to the next trading day price gain. The overall trading delta against the next closing price was 1.78% . The trading date delta against the current closing price is 3.59% . |
abrdn Physical Precious Fundamentals Correlations and Trends
By evaluating Abrdn Physical'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 Abrdn Physical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Abrdn financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Abrdn Physical Etf history
Abrdn Physical 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 Abrdn is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in abrdn Physical Precious 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 Abrdn Physical stock prices may prove useful in developing a viable investing in Abrdn Physical
The Shares are intended to offer investors an opportunity to participate in the gold, silver, platinum and palladium markets through an investment in securities. Physical Precious is traded on NYSEARCA Exchange in the United States.
Abrdn Physical Etf Technical Analysis
Abrdn Physical 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
Abrdn Physical Period Price Range
Low | March 5, 2024
| High |
91.90 | 91.41 |
Abrdn Physical May 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Abrdn Physical etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Abrdn Physical shares will generate the highest return on investment. By undertsting and applying Abrdn Physical etf market strength indicators, traders can identify abrdn Physical Precious entry and exit signals to maximize returns
| Accumulation Distribution | 619.61 | |||
| Daily Balance Of Power | (0.64) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 91.67 | |||
| Day Typical Price | 91.58 | |||
| Price Action Indicator | (0.50) | |||
| Period Momentum Indicator | 10.74 |
Abrdn Physical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Abrdn Physical's price direction in advance. Along with the technical and fundamental analysis of Abrdn Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Abrdn 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 | 0.1565 | |||
| Jensen Alpha | 0.2823 | |||
| Total Risk Alpha | 0.1357 | |||
| Sortino Ratio | 0.1895 | |||
| Treynor Ratio | (0.55) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in abrdn Physical Precious. 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of abrdn Physical Precious is measured differently than its book value, which is the value of Abrdn that is recorded on the company's balance sheet. Investors also form their own opinion of Abrdn Physical's value that differs from its market value or its book value, called intrinsic value, which is Abrdn Physical'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 Abrdn Physical's market value can be influenced by many factors that don't directly affect Abrdn Physical'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 Abrdn Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abrdn Physical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abrdn Physical'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.