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Asset Summary

Daily Performance Report for VRSN ETF: Nov 8, 2024

Summary: The day started with VRSN ETF opening at $184.69 and closing at $183.56. The ETF showed weakness throughout the day, with the highest price observed at $186.6 and the lowest at $183.3. The underlying asset had a trading range of $3.30 Overall, it was a negative trading day for VRSN ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-1.13 or -0.61% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for VRSN ETF was 429,964 units during Nov 8, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $184.69.

Highest Price: The highest price observed during the day was $186.6.

Lowest Price: The lowest price observed during the day was $183.3.

Closing Price: The day ended at $183.56.

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

Verisign’s outlook is positive, driven by the increasing demand for internet services and heightened cybersecurity needs.

Yes, Verisign, Inc. is publicly traded on the Nasdaq under the ticker symbol VRSN.

Investing in Verisign offers exposure to the growing internet infrastructure market, potential for stable revenue, and dividend income.

Verisign prioritizes customer privacy by implementing robust data protection measures and complying with industry standards.

Verisign focuses on innovation by investing in new technologies and services to enhance internet infrastructure and security.

Investors can access financial information on Verisign’s investor relations website, which includes earnings reports and SEC filings.

Verisign offers domain name registry services, DNS management, DDoS protection, and cybersecurity solutions.

Verisign operates the authoritative registry for several top-level domains, including .com and .net.

Verisign faces challenges such as regulatory changes, competition from other registrars, and evolving cybersecurity threats.

Verisign enhances internet security by providing services such as DNSSEC and DDoS mitigation to protect against cyber threats.

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