Flexshares Quality Dividend Etf Price on February 16, 2024
If you're considering investing in FlexShares Etf, it is important to understand the factors that can impact its price. FlexShares Quality secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the etf had a 0.11% return per unit of risk over the last 3 months. We have found zero technical indicators for FlexShares Quality Dividend, which you can use to evaluate the volatility of the entity.
FlexShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
FlexShares |
Sharpe Ratio = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| QDEF |
Based on monthly moving average FlexShares Quality 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 FlexShares Quality by adding FlexShares Quality to a well-diversified portfolio.
FlexShares Quality Valuation on February 16, 2024
It is possible to determine the worth of FlexShares Quality on a given historical date. On February 16, 2024 FlexShares was worth 61.46 at the beginning of the trading date compared to the closed value of 61.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FlexShares Quality etf. Still, in general, we apply an absolute valuation method to find FlexShares Quality'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 FlexShares Quality where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FlexShares Quality's related companies.
| Open | High | Low | Close | Volume | |
| 61.17 | 61.43 | 61.17 | 61.25 | 5,255 | |
02/16/2024 | 61.46 | 61.58 | 61.00 | 61.00 | 4,590 |
| 60.99 | 61.04 | 60.66 | 60.66 | 7,831 |
| Backtest FlexShares Quality | | | FlexShares Quality History | | | FlexShares Quality Valuation | Previous | Next |
FlexShares Quality Trading Date Momentum on February 16, 2024
| On February 20 2024 FlexShares Quality Dividend was traded for 60.66 at the closing time. The top price for the day was 61.04 and the lowest listed price was 60.66 . The trading volume for the day was 7.8 K. The trading history from February 20, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.56% . The overall trading delta against the current closing price is 1.84% . |
FlexShares Quality Fundamentals Correlations and Trends
By evaluating FlexShares Quality'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 FlexShares Quality's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FlexShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FlexShares Quality Etf history
FlexShares Quality 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 FlexShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FlexShares Quality 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 FlexShares Quality stock prices may prove useful in developing a viable investing in FlexShares Quality
The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess greater financial strength and stability characteristics relative to the Northern Trust 1250 Index, a float-adjusted market-capitalization weighted index of U.S. domiciled large- and mid-capitalization companies. Flexshares Quality is traded on NYSEARCA Exchange in the United States.
FlexShares Quality Etf Technical Analysis
FlexShares Quality 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
FlexShares Quality Period Price Range
Low | February 16, 2024
| High |
61.46 | 61.00 |
FlexShares Quality May 22, 2024 Market Strength
Market strength indicators help investors to evaluate how FlexShares Quality etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FlexShares Quality shares will generate the highest return on investment. By undertsting and applying FlexShares Quality etf market strength indicators, traders can identify FlexShares Quality Dividend entry and exit signals to maximize returns
FlexShares Quality Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FlexShares Quality's price direction in advance. Along with the technical and fundamental analysis of FlexShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of FlexShares 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 | 0.0634 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.062 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in FlexShares Quality Dividend. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the FlexShares Quality information on this page should be used as a complementary analysis to other FlexShares Quality'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of FlexShares Quality is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Quality's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Quality'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 FlexShares Quality's market value can be influenced by many factors that don't directly affect FlexShares Quality'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 FlexShares Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Quality'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.