Coronation Top (South Africa) Price on November 27, 2024
| 0P0000X5C7 | 216.40 0.15 0.07% |
If you're considering investing in Coronation Fund, it is important to understand the factors that can impact its price. As of today, the current price of Coronation Top stands at 216.40, as last reported on the 2nd of December, with the highest price reaching 216.40 and the lowest price hitting 216.40 during the day. At this stage we consider Coronation Fund to be very steady. Coronation Top 20 secures Sharpe Ratio (or Efficiency) of 0.0019, which signifies that the fund had a 0.0019% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Coronation Top 20, which you can use to evaluate the volatility of the entity. Please confirm Coronation Top's Mean Deviation of 0.6018, standard deviation of 0.7931, and insignificant Risk Adjusted Performance to double-check if the risk estimate we provide is consistent with the expected return of 0.0015%.
Coronation Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Coronation |
Sharpe Ratio = 0.0019
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 0P0000X5C7 |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Coronation Top is not performing at its full potential. However, 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 Coronation Top by adding Coronation Top to a well-diversified portfolio.
Coronation Top Valuation on November 27, 2024
It is possible to determine the worth of Coronation Top on a given historical date. On November 27, 2024 Coronation was worth 217.43 at the beginning of the trading date compared to the closed value of 217.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Coronation Top fund. Still, in general, we apply an absolute valuation method to find Coronation Top'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 Coronation Top where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Coronation Top's related companies.
| Open | High | Low | Close | Volume | |
| 217.02 | 217.02 | 217.02 | 217.02 | 1.00 | |
11/27/2024 | 217.43 | 217.43 | 217.43 | 217.43 | 1.00 |
| 216.52 | 216.52 | 216.52 | 216.52 | 1.00 |
| Backtest Coronation Top | | | Coronation Top History | Previous | Next |
Coronation Top Trading Date Momentum on November 27, 2024
| On November 28 2024 Coronation Top 20 was traded for 216.52 at the closing time. The highest price during the trading period was 216.52 and the lowest recorded bid was listed for 216.52 . There was no trading activity during the period 1.0. Lack of trading volume on November 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.42% . The overall trading delta to the current price is 0.47% . |
Price Boundaries
Coronation Top Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Coronation Top 20 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.
Coronation Top December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Coronation Top fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Coronation Top shares will generate the highest return on investment. By undertsting and applying Coronation Top fund market strength indicators, traders can identify Coronation Top 20 entry and exit signals to maximize returns
Coronation Top Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Coronation Top's price direction in advance. Along with the technical and fundamental analysis of Coronation Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Coronation 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) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.13) |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |