Assetmix (South Africa) Price on October 7, 2024
| 0P00016ST7 | 1.64 0.02 1.23% |
If you're considering investing in Assetmix Fund, it is important to understand the factors that can impact its price. As of today, the current price of Assetmix stands at 1.64, as last reported on the 4th of December, with the highest price reaching 1.64 and the lowest price hitting 1.64 during the day. At this point, Assetmix is somewhat reliable. Assetmix Ci Balanced secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Assetmix Ci Balanced, which you can use to evaluate the volatility of the entity. Please confirm Assetmix's Coefficient Of Variation of 495.19, mean deviation of 0.3308, and Risk Adjusted Performance of 0.1471 to double-check if the risk estimate we provide is consistent with the expected return of 0.0906%.
Assetmix Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Assetmix |
Sharpe Ratio = 0.2019
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| Cash | 0P00016ST7 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Assetmix is performing at about 15% 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 Assetmix by adding it to a well-diversified portfolio.
Assetmix Valuation on October 7, 2024
It is possible to determine the worth of Assetmix on a given historical date. On October 7, 2024 Assetmix was worth 1.6 at the beginning of the trading date compared to the closed value of 1.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Assetmix fund. Still, in general, we apply an absolute valuation method to find Assetmix'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 Assetmix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Assetmix's related companies.
| Open | High | Low | Close | Volume | |
| 1.60 | 1.60 | 1.60 | 1.60 | 1.00 | |
10/07/2024 | 1.60 | 1.60 | 1.60 | 1.60 | 1.00 |
| 1.59 | 1.59 | 1.59 | 1.59 | 1.00 |
| Backtest Assetmix | | | Assetmix History | Previous | Next |
Assetmix Trading Date Momentum on October 7, 2024
| On October 08 2024 Assetmix Ci Balanced was traded for 1.59 at the closing time. The highest price during the trading period was 1.59 and the lowest recorded bid was listed for 1.59 . There was no trading activity during the period 1.0. Lack of trading volume on October 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.63% . The overall trading delta to the current price is 0.63% . |
Price Boundaries
Assetmix Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Assetmix Ci Balanced 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.
Assetmix December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Assetmix fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Assetmix shares will generate the highest return on investment. By undertsting and applying Assetmix fund market strength indicators, traders can identify Assetmix Ci Balanced entry and exit signals to maximize returns
Assetmix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Assetmix's price direction in advance. Along with the technical and fundamental analysis of Assetmix Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Assetmix 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 | 0.1471 | |||
| Jensen Alpha | 0.0688 | |||
| Total Risk Alpha | 0.0198 | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.7072 |
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
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