Counterpoint Sci (South Africa) Price on October 8, 2024
| 0P0000VK11 | 1.42 0.01 0.70% |
If you're considering investing in Counterpoint Fund, it is important to understand the factors that can impact its price. As of today, the current price of Counterpoint Sci stands at 1.42, as last reported on the 13th of December 2024, with the highest price reaching 1.42 and the lowest price hitting 1.42 during the day. At this stage we consider Counterpoint Fund to be somewhat reliable. Counterpoint Sci Managed secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Counterpoint Sci Managed, which you can use to evaluate the volatility of the entity. Please confirm Counterpoint Sci's Mean Deviation of 0.3234, risk adjusted performance of 0.0815, and Downside Deviation of 0.7537 to double-check if the risk estimate we provide is consistent with the expected return of 0.0589%.
Counterpoint Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Counterpoint |
Sharpe Ratio = 0.1239
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Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Counterpoint Sci is performing at about 9% 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 Counterpoint Sci by adding it to a well-diversified portfolio.
Counterpoint Sci Valuation on October 8, 2024
It is possible to determine the worth of Counterpoint Sci on a given historical date. On October 8, 2024 Counterpoint was worth 1.36 at the beginning of the trading date compared to the closed value of 1.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Counterpoint Sci fund. Still, in general, we apply an absolute valuation method to find Counterpoint Sci'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 Counterpoint Sci where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Counterpoint Sci's related companies.
| Open | High | Low | Close | Volume | |
| 1.37 | 1.37 | 1.37 | 1.37 | 1.00 | |
10/08/2024 | 1.36 | 1.36 | 1.36 | 1.36 | 1.00 |
| 1.36 | 1.36 | 1.36 | 1.36 | 1.00 |
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Counterpoint Sci Trading Date Momentum on October 8, 2024
| On October 09 2024 Counterpoint Sci Managed was traded for 1.36 at the closing time. The highest price during the trading period was 1.36 and the lowest recorded bid was listed for 1.36 . There was no trading activity during the period 1.0. Lack of trading volume on October 9, 2024 did not affect price variability. The overall trading delta to the current price is 2.21% . |
Price Boundaries
Counterpoint Sci Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Counterpoint Sci Managed cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Counterpoint Sci December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Counterpoint Sci fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Counterpoint Sci shares will generate the highest return on investment. By undertsting and applying Counterpoint Sci fund market strength indicators, traders can identify Counterpoint Sci Managed entry and exit signals to maximize returns
Counterpoint Sci Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Counterpoint Sci's price direction in advance. Along with the technical and fundamental analysis of Counterpoint Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Counterpoint 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 | 0.0815 | |||
| Jensen Alpha | 0.0365 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.5186 |
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| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |