Counterpoint Sci (South Africa) Price on October 14, 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, downside deviation of 0.7537, and Risk Adjusted Performance of 0.0815 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
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | 0P0000VK11 | Average Risk | High Risk | Huge Risk |
| Negative Returns |
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 14, 2024
It is possible to determine the worth of Counterpoint Sci on a given historical date. On October 14, 2024 Counterpoint was worth 1.38 at the beginning of the trading date compared to the closed value of 1.38. 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 | |
| 1.38 | 1.38 | 1.38 | 1.38 | 1.00 | |
10/14/2024 | 1.38 | 1.38 | 1.38 | 1.38 | 1.00 |
| 1.39 | 1.39 | 1.39 | 1.39 | 1.00 |
| Backtest Counterpoint Sci | | | Counterpoint Sci History | Previous | Next |
Counterpoint Sci Trading Date Momentum on October 14, 2024
| On October 15 2024 Counterpoint Sci Managed was traded for 1.39 at the closing time. The highest price during the trading period was 1.39 and the lowest recorded bid was listed for 1.39 . There was no trading activity during the period 1.0. Lack of trading volume on October 15, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.72% . The overall trading delta to the current price is 0.00% . |
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 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |