Series Portfolios Trust Etf Price on January 26, 2024
| SCAP Etf | USD 33.73 0.33 0.99% |
If you're considering investing in Series Etf, it is important to understand the factors that can impact its price. As of today, the current price of Series Portfolios stands at 33.73, as last reported on the 15th of May 2024, with the highest price reaching 33.97 and the lowest price hitting 33.57 during the day. We consider Series Portfolios very steady. Series Portfolios Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the etf had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Series Portfolios Trust, which you can use to evaluate the volatility of the etf. Please validate Series Portfolios' Risk Adjusted Performance of 0.0748, coefficient of variation of 871.77, and Semi Deviation of 0.9587 to confirm if the risk estimate we provide is consistent with the expected return of 0.0928%.
Series Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Series |
Sharpe Ratio = 0.1062
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Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Series Portfolios is performing at about 8% 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 Series Portfolios by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Series Portfolios Valuation on January 26, 2024
It is possible to determine the worth of Series Portfolios on a given historical date. On January 26, 2024 Series was worth 32.12 at the beginning of the trading date compared to the closed value of 31.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Series Portfolios etf. Still, in general, we apply an absolute valuation method to find Series Portfolios' 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 Series Portfolios where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Series Portfolios' related companies.
| Open | High | Low | Close | Volume | |
| 31.85 | 31.85 | 31.15 | 31.15 | 300.00 | |
01/26/2024 | 32.12 | 32.12 | 31.18 | 31.18 | 1,100 |
| 31.76 | 32.01 | 31.50 | 31.50 | 300.00 |
| Backtest Series Portfolios | | | Series Portfolios History | | | Series Portfolios Valuation | Previous | Next |
Series Portfolios Trading Date Momentum on January 26, 2024
| On January 29 2024 Series Portfolios Trust was traded for 31.50 at the closing time. The top price for the day was 32.01 and the lowest listed price was 31.50 . The trading volume for the day was 300. The trading history from January 29, 2024 was a factor to the next trading day price gain. The trading price change against the next closing price was 1.03% . The trading price change against the current closing price is 0.16% . |
Series Portfolios Trust Fundamentals Correlations and Trends
By evaluating Series Portfolios' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Series Portfolios' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Series financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Series Portfolios Etf history
Series Portfolios 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 Series is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Series Portfolios Trust 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 Series Portfolios stock prices may prove useful in developing a viable investing in Series Portfolios
Series Portfolios Etf Technical Analysis
Series Portfolios 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
Series Portfolios Period Price Range
Low | January 26, 2024
| High |
32.12 | 31.18 |
Series Portfolios May 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Series Portfolios etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Series Portfolios shares will generate the highest return on investment. By undertsting and applying Series Portfolios etf market strength indicators, traders can identify Series Portfolios Trust entry and exit signals to maximize returns
Series Portfolios Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Series Portfolios' price direction in advance. Along with the technical and fundamental analysis of Series Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Series 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 | 0.0748 | |||
| Jensen Alpha | (0.0006) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0286 | |||
| Treynor Ratio | 0.0722 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Series Portfolios Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Series Portfolios Trust information on this page should be used as a complementary analysis to other Series Portfolios' 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of Series Portfolios Trust is measured differently than its book value, which is the value of Series that is recorded on the company's balance sheet. Investors also form their own opinion of Series Portfolios' value that differs from its market value or its book value, called intrinsic value, which is Series Portfolios' 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 Series Portfolios' market value can be influenced by many factors that don't directly affect Series Portfolios' 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 Series Portfolios' value and its price as these two are different measures arrived at by different means. Investors typically determine if Series Portfolios is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Series Portfolios' 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.