Discovery Aggressive (South Africa) Price on December 2, 2024
| 0P00017KS6 | 1.65 0.02 1.23% |
If you're considering investing in Discovery Fund, it is important to understand the factors that can impact its price. As of today, the current price of Discovery Aggressive stands at 1.65, as last reported on the 3rd of December, with the highest price reaching 1.65 and the lowest price hitting 1.65 during the day. At this point, Discovery Aggressive is somewhat reliable. Discovery Aggressive secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Discovery Aggressive Dynamic, which you can use to evaluate the volatility of the entity. Please confirm Discovery Aggressive's Mean Deviation of 0.3608, downside deviation of 0.6447, and Coefficient Of Variation of 732.48 to check if the risk estimate we provide is consistent with the expected return of 0.0789%.
Discovery Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Discovery |
Sharpe Ratio = 0.1611
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | 0P00017KS6 | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Discovery Aggressive is performing at about 12% 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 Discovery Aggressive by adding it to a well-diversified portfolio.
Discovery Aggressive Valuation on December 2, 2024
It is possible to determine the worth of Discovery Aggressive on a given historical date. On December 2, 2024 Discovery was worth 1.65 at the beginning of the trading date compared to the closed value of 1.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Discovery Aggressive fund. Still, in general, we apply an absolute valuation method to find Discovery Aggressive'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 Discovery Aggressive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Discovery Aggressive's related companies.
| Open | High | Low | Close | Volume | |
| 1.63 | 1.63 | 1.63 | 1.63 | 1.00 | |
12/02/2024 | 1.65 | 1.65 | 1.65 | 1.65 | 1.00 |
| 1.65 | 1.65 | 1.65 | 1.65 | 0.00 |
| Backtest Discovery Aggressive | | | Discovery Aggressive History | Previous | Next |
Discovery Aggressive Trading Date Momentum on December 2, 2024
| On December 03 2024 Discovery Aggressive Dynamic was traded for 1.65 at the closing time. The highest price during the trading period was 1.65 and the lowest recorded bid was listed for 1.65 . There was no trading activity during the period 0.0. Lack of trading volume on December 3, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Price Boundaries
Discovery Aggressive Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Discovery Aggressive Dynamic 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.
Discovery Aggressive December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Discovery Aggressive fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Discovery Aggressive shares will generate the highest return on investment. By undertsting and applying Discovery Aggressive fund market strength indicators, traders can identify Discovery Aggressive Dynamic entry and exit signals to maximize returns
Discovery Aggressive Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Discovery Aggressive's price direction in advance. Along with the technical and fundamental analysis of Discovery Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Discovery 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 | 0.0987 | |||
| Jensen Alpha | 0.0502 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.9658 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |