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Asset Summary

Daily Performance Report for CPRT ETF: Nov 16, 2024

Summary: The day started with CPRT ETF opening at $57.06 and closing at $57.06. The ETF showed stability throughout the day, with the highest price observed at $57.06 and the lowest at $57.06. The underlying asset had a trading range of $0.00 Overall, it was a neutral trading day for CPRT ETF, reflecting stability in market activity.

Change in Closing Price: There was a net no change in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for CPRT ETF was 525 units during Nov 16, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $57.06.

Highest Price: The highest price observed during the day was $57.06.

Lowest Price: The lowest price observed during the day was $57.06.

Closing Price: The day ended at $57.06.

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

Factors include earnings reports, vehicle auction trends, and overall market conditions in the automotive sector.

News can be found on financial news sites, Copart’s investor relations page, and industry reports.

Copart primarily serves the automotive market, focusing on salvage vehicles and auction services for dealers and consumers.

Market capitalization is variable; for the latest figure, consult financial market websites.

Copart utilizes advanced online auction technology and data analytics to enhance its services and customer experience.

Copart does not currently pay dividends, as it typically reinvests earnings into growth initiatives.

Whether CPRT is a good investment depends on your investment strategy and analysis of the automotive remarketing sector.

You can purchase CPRT stock through a brokerage account or by consulting a financial advisor.

Risks include market competition, regulatory changes, and economic fluctuations affecting the auto industry.

For recent performance metrics, refer to stock market analysis platforms or financial news websites.

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With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

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