Cocoa Commodity Price on September 27, 2024
| CCUSD Commodity | 9,134 102.00 1.10% |
If you're considering investing in Cocoa Commodity, it is important to understand the factors that can impact its price. As of today, the current price of Cocoa stands at 9,134, as last reported on the 27th of November, with the highest price reaching 9,317 and the lowest price hitting 9,050 during the day. Cocoa appears to be very steady, given 3 months investment horizon. Cocoa secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the commodity had a 0.1% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Cocoa, which you can use to evaluate the volatility of the entity. Please makes use of Cocoa's risk adjusted performance of 0.0691, and Mean Deviation of 2.52 to double-check if our risk estimates are consistent with your expectations.
Cocoa Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.
Cocoa |
Sharpe Ratio = 0.1041
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Cocoa is performing at about 8% 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 Cocoa by adding it to a well-diversified portfolio.
Cocoa Valuation on September 27, 2024
It is possible to determine the worth of Cocoa on a given historical date. On September 27, 2024 Cocoa was worth 8078.0 at the beginning of the trading date compared to the closed value of 8281.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cocoa commodity. Still, in general, we apply an absolute valuation method to find Cocoa'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 Cocoa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cocoa's related companies.
| Open | High | Low | Close | Volume | |
| 8,000 | 8,796 | 7,996 | 8,122 | 22,154 | |
09/27/2024 | 8,078 | 8,370 | 8,035 | 8,281 | 22,154 |
| 8,299 | 8,299 | 7,682 | 7,722 | 11,870 |
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Cocoa Trading Date Momentum on September 27, 2024
| On September 30 2024 Cocoa was traded for 7,722 at the closing time. The highest daily price throughout the period was 8,299 and the lowest price was 7,682 . The daily volume was 11.9 K. The net trading volume on 09/30/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 6.75% . The overall trading delta to current closing price is 15.63% . |
Price Boundaries
Cocoa Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Cocoa cannot be verified against its exchange. Please verify the symbol is currently traded on Commodity 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.
Cocoa November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Cocoa commodity reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cocoa shares will generate the highest return on investment. By undertsting and applying Cocoa commodity market strength indicators, traders can identify Cocoa entry and exit signals to maximize returns
Cocoa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cocoa's price direction in advance. Along with the technical and fundamental analysis of Cocoa Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cocoa 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.