Quantshares Enhanced Core Etf Price on March 22, 2024
| QEM Etf | CAD 24.71 0.00 0.00% |
Below is the normalized historical share price chart for QuantShares Enhanced Core extending back to January 30, 2017. 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 QuantShares Enhanced stands at 24.71, as last reported on the 23rd of May, with the highest price reaching 24.71 and the lowest price hitting 24.71 during the day.
If you're considering investing in QuantShares Etf, it is important to understand the factors that can impact its price. We consider QuantShares Enhanced very steady. QuantShares Enhanced Core maintains Sharpe Ratio (i.e., Efficiency) of 0.0299, which implies the entity had a 0.0299% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for QuantShares Enhanced Core, which you can use to evaluate the volatility of the etf. Please check QuantShares Enhanced's Coefficient Of Variation of 2024.94, risk adjusted performance of 0.0346, and Semi Deviation of 1.19 to confirm if the risk estimate we provide is consistent with the expected return of 0.0466%.
QuantShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 14.07 | 200 Day MA 23.702 | 1 y Volatility 10.78 | 50 Day MA 24.876 | Inception Date 2017-01-30 |
QuantShares |
Sharpe Ratio = 0.0299
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| Negative Returns | QEM |
Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average QuantShares Enhanced is performing at about 2% 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 QuantShares Enhanced by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 53.6 K |
QuantShares Enhanced Valuation on March 22, 2024
It is possible to determine the worth of QuantShares Enhanced on a given historical date. On March 22, 2024 QuantShares was worth 24.85 at the beginning of the trading date compared to the closed value of 24.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of QuantShares Enhanced etf. Still, in general, we apply an absolute valuation method to find QuantShares Enhanced'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 QuantShares Enhanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against QuantShares Enhanced's related companies.
| Open | High | Low | Close | Volume | |
| 24.65 | 24.65 | 24.62 | 24.62 | 1.00 | |
03/22/2024 | 24.85 | 24.86 | 24.83 | 24.83 | 300.00 |
| 24.85 | 24.85 | 24.81 | 24.81 | 300.00 |
| Backtest QuantShares Enhanced | | | QuantShares Enhanced History | | | QuantShares Enhanced Valuation | Previous | Next |
QuantShares Enhanced Trading Date Momentum on March 22, 2024
| On March 25 2024 QuantShares Enhanced Core was traded for 24.81 at the closing time. The maximum traded price for the trading interval was 24.85 and the lowest daily price was 24.81 . The daily volume was recorded at 300. The volume of trading on 25th of March 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.08% . The trading delta at closing time to the closing price today is 0.32% . |
QuantShares Enhanced Core Fundamentals Correlations and Trends
By evaluating QuantShares Enhanced'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 QuantShares Enhanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. QuantShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About QuantShares Enhanced Etf history
QuantShares Enhanced 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 QuantShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in QuantShares Enhanced Core 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 QuantShares Enhanced stock prices may prove useful in developing a viable investing in QuantShares Enhanced
The AGFiQ Enhanced Core Emerging Markets Equity ETF seeks to provide long-term capital appreciation with reduced volatility, over a full market cycle, by investing primarily in equity securities of emerging market issuers. AGFIQ ENH is traded on Toronto Stock Exchange in Canada.
QuantShares Enhanced Etf Technical Analysis
QuantShares Enhanced 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
QuantShares Enhanced Period Price Range
Low | March 22, 2024
| High |
24.85 | 24.83 |
QuantShares Enhanced May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how QuantShares Enhanced etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading QuantShares Enhanced shares will generate the highest return on investment. By undertsting and applying QuantShares Enhanced etf market strength indicators, traders can identify QuantShares Enhanced Core entry and exit signals to maximize returns
QuantShares Enhanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for QuantShares Enhanced's price direction in advance. Along with the technical and fundamental analysis of QuantShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of QuantShares 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 | 0.0346 | |||
| Jensen Alpha | 0.0429 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.2004 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QuantShares Enhanced Core. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.