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Asset Summary

Weekly Performance Report for LVS ETF: Week 50, 2024

Summary: The Weekly started with LVS ETF opening at $55.5 and closing at $53.8. The ETF showed weakness throughout the Weekly, with the highest price observed at $56.61 and the lowest at $53.74. The underlying asset had a trading range of $2.87 Overall, it was a negative trading Weekly for LVS ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-1.70 or -3.06% in the closing price from the opening to the closing price over the Weekly.

Volume Analysis: Trading volume for LVS ETF was 17,353,244 units during Week 50, indicating active market participation and investor interest.

Opening Price: The Weekly started at $55.5.

Highest Price: The highest price observed during the Weekly was $56.61.

Lowest Price: The lowest price observed during the Weekly was $53.74.

Closing Price: The Weekly ended at $53.8.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

The Sands Convention Center is a large venue for meetings and conventions located in Las Vegas, offering over 1.5 million square feet of space.

Las Vegas Sands’ growth strategy focuses on expanding its integrated resort offerings and enhancing its market presence in Asia and the U.S.

Las Vegas Sands attracts visitors through its luxury accommodations, entertainment options, and unique dining experiences.

The COVID-19 pandemic significantly impacted Las Vegas Sands by leading to temporary closures of its properties and a decline in tourism and revenue.

Trends include increased demand for experiential travel, the integration of technology, and a growing focus on health and safety measures.

Las Vegas Sands is committed to sustainability through initiatives aimed at reducing energy consumption, waste, and water use.

Las Vegas Sands contributes significantly to the local economy through job creation, tourism, and tax revenues.

Las Vegas Sands has long-term growth prospects driven by the recovery of global tourism and its continued investment in integrated resorts.

Las Vegas Sands primarily operates in Las Vegas, Nevada, and Macao, China.

Yes, Las Vegas Sands is publicly traded on the New York Stock Exchange under the ticker symbol LVS.

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Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

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