Clearbridge Dividend Strategy Etf Price on March 8, 2023
| YLDE Etf | USD 46.80 0.08 0.17% |
Below is the normalized historical share price chart for ClearBridge Dividend Strategy extending back to May 23, 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 ClearBridge Dividend stands at 46.80, as last reported on the 9th of June, with the highest price reaching 46.92 and the lowest price hitting 46.80 during the day.
If you're considering investing in ClearBridge Etf, it is important to understand the factors that can impact its price. We consider ClearBridge Dividend very steady. ClearBridge Dividend secures Sharpe Ratio (or Efficiency) of 0.0407, which signifies that the etf had a 0.0407% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for ClearBridge Dividend Strategy, which you can use to evaluate the volatility of the entity. Please confirm ClearBridge Dividend's risk adjusted performance of 0.0357, and Mean Deviation of 0.4517 to double-check if the risk estimate we provide is consistent with the expected return of 0.0239%.
ClearBridge Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.35 | 200 Day MA 43.972 | 1 y Volatility 13.36 | 50 Day MA 46.1537 | Inception Date 2017-05-22 |
ClearBridge |
Sharpe Ratio = 0.0407
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| Negative Returns | YLDE |
Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average ClearBridge Dividend is performing at about 3% 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 ClearBridge Dividend by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 137.7 K |
ClearBridge Dividend Valuation on March 8, 2023
It is possible to determine the worth of ClearBridge Dividend on a given historical date. On March 8, 2023 ClearBridge was worth 39.18 at the beginning of the trading date compared to the closed value of 38.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ClearBridge Dividend etf. Still, in general, we apply an absolute valuation method to find ClearBridge Dividend'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 ClearBridge Dividend where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ClearBridge Dividend's related companies.
| Open | High | Low | Close | Volume | |
| 39.25 | 39.30 | 38.42 | 38.42 | 1,253 | |
03/08/2023 | 39.18 | 39.22 | 38.39 | 38.39 | 858.00 |
| 39.21 | 39.21 | 37.70 | 37.70 | 2,864 |
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ClearBridge Dividend Trading Date Momentum on March 8, 2023
| On March 09 2023 ClearBridge Dividend Strategy was traded for 37.70 at the closing time. The top price for the day was 39.21 and the lowest listed price was 37.70 . The trading volume for the day was 2.9 K. The trading history from March 9, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.80% . The overall trading delta against the current closing price is 0.21% . |
ClearBridge Dividend Fundamentals Correlations and Trends
By evaluating ClearBridge Dividend'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 ClearBridge Dividend's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ClearBridge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ClearBridge Dividend Etf history
ClearBridge Dividend 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 ClearBridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ClearBridge Dividend 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 ClearBridge Dividend stock prices may prove useful in developing a viable investing in ClearBridge Dividend
Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus borrowings for investment purposes, if any, in dividend-paying stocks or other instruments with similar economic characteristics that offer the potential for income growth and capital appreciation over time and that meet its financial and environmental, social and governance criteria. Legg Clearbridge is traded on NASDAQ Exchange in the United States.
ClearBridge Dividend Etf Technical Analysis
ClearBridge Dividend 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
ClearBridge Dividend Period Price Range
Low | March 8, 2023
| High |
39.18 | 38.39 |
ClearBridge Dividend June 9, 2024 Market Strength
Market strength indicators help investors to evaluate how ClearBridge Dividend etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ClearBridge Dividend shares will generate the highest return on investment. By undertsting and applying ClearBridge Dividend etf market strength indicators, traders can identify ClearBridge Dividend Strategy entry and exit signals to maximize returns
ClearBridge Dividend Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ClearBridge Dividend's price direction in advance. Along with the technical and fundamental analysis of ClearBridge Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ClearBridge 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 | 0.0357 | |||
| Jensen Alpha | 0.0175 | |||
| Total Risk Alpha | 0.017 | |||
| Sortino Ratio | 0.0259 | |||
| Treynor Ratio | 0.0275 |
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Additional Information and Resources on Investing in ClearBridge Etf
When determining whether ClearBridge Dividend is a strong investment it is important to analyze ClearBridge Dividend's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ClearBridge Dividend's future performance. For an informed investment choice regarding ClearBridge Etf, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ClearBridge Dividend Strategy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of ClearBridge Dividend is measured differently than its book value, which is the value of ClearBridge that is recorded on the company's balance sheet. Investors also form their own opinion of ClearBridge Dividend's value that differs from its market value or its book value, called intrinsic value, which is ClearBridge Dividend'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 ClearBridge Dividend's market value can be influenced by many factors that don't directly affect ClearBridge Dividend'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 ClearBridge Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearBridge Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearBridge Dividend'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.