Us Global Sea Etf Price on March 21, 2024
| SEA Etf | USD 15.82 0.12 0.75% |
If you're considering investing in SEA Etf, it is important to understand the factors that can impact its price. As of today, the current price of US Global stands at 15.82, as last reported on the 2nd of May, with the highest price reaching 15.85 and the lowest price hitting 15.77 during the day. We consider US Global very steady. US Global Sea retains Efficiency (Sharpe Ratio) of 0.0633, which indicates the etf had a 0.0633% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for US Global, which you can use to evaluate the volatility of the etf. Please validate US Global's Downside Deviation of 0.8367, mean deviation of 0.6964, and Risk Adjusted Performance of 0.0041 to confirm if the risk estimate we provide is consistent with the expected return of 0.0556%.
SEA Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SEA |
Sharpe Ratio = 0.0633
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| Cash | SEA | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average US Global is performing at about 4% 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 US Global by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 6.9 K |
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US Global Valuation on March 21, 2024
It is possible to determine the worth of US Global on a given historical date. On March 21, 2024 SEA was worth 15.06 at the beginning of the trading date compared to the closed value of 15.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of US Global etf. Still, in general, we apply an absolute valuation method to find US Global'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 US Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against US Global's related companies.
| Open | High | Low | Close | Volume | |
| 15.03 | 15.18 | 14.92 | 15.18 | 1,892 | |
03/21/2024 | 15.06 | 15.14 | 15.02 | 15.12 | 2,725 |
| 14.99 | 14.99 | 14.89 | 14.93 | 1,873 |
| Backtest US Global | | | US Global History | | | US Global Valuation | Previous | Next |
US Global Trading Date Momentum on March 21, 2024
| On March 22 2024 US Global Sea was traded for 14.93 at the closing time. Highest US Global's price during the trading hours was 14.99 and the lowest price during the day was 14.89 . The net volume was 1.9 K. The overall trading history on the 22nd of March contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.26% . The trading price change to current price is 0.13% . |
US Global Sea Fundamentals Correlations and Trends
By evaluating US Global'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 US Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SEA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About US Global Etf history
US Global 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 SEA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in US Global Sea 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 US Global stock prices may prove useful in developing a viable investing in US Global
The index is composed of the exchange-listed common stock of marine shipping, air freight and courier, and port and harbor operating companies of any size across the globe in developed or emerging markets. US Global is traded on NYSEARCA Exchange in the United States.
US Global Etf Technical Analysis
US Global 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
US Global Period Price Range
Low | March 21, 2024
| High |
15.06 | 15.12 |
US Global May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how US Global etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading US Global shares will generate the highest return on investment. By undertsting and applying US Global etf market strength indicators, traders can identify US Global Sea entry and exit signals to maximize returns
| Accumulation Distribution | 21.6 | |||
| Daily Balance Of Power | 0.5 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 15.08 | |||
| Day Typical Price | 15.09 | |||
| Price Action Indicator | 0.07 | |||
| Period Momentum Indicator | 0.7 |
US Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for US Global's price direction in advance. Along with the technical and fundamental analysis of SEA Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SEA 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 | 0.0041 | |||
| Jensen Alpha | 0.0034 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0348 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US Global Sea. 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 US Global Sea information on this page should be used as a complementary analysis to other US Global'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of US Global Sea is measured differently than its book value, which is the value of SEA that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global'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 US Global's market value can be influenced by many factors that don't directly affect US Global'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 US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global'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.