Cm Modity Index Fund Price on October 29, 2024
| CMCAX Fund | USD 67.18 0.09 0.13% |
Below is the normalized historical share price chart for Cm Modity Index extending back to December 31, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cm Commodity stands at 67.18, as last reported on the 30th of November, with the highest price reaching 67.18 and the lowest price hitting 67.18 during the day.
If you're considering investing in CMCAX Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider CMCAX Mutual Fund to be very steady. Cm Modity Index retains Efficiency (Sharpe Ratio) of 0.0641, which signifies that the fund had a 0.0641% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Cm Commodity, which you can use to evaluate the volatility of the entity. Please confirm Cm Commodity's Coefficient Of Variation of 2764.57, standard deviation of 0.8056, and Market Risk Adjusted Performance of (0.38) to double-check if the risk estimate we provide is consistent with the expected return of 0.0508%.
CMCAX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
CMCAX |
Sharpe Ratio = 0.0641
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| Cash | CMCAX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Cm Commodity is performing at about 5% 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 Cm Commodity by adding it to a well-diversified portfolio.
Cm Commodity Valuation on October 29, 2024
It is possible to determine the worth of Cm Commodity on a given historical date. On October 29, 2024 CMCAX was worth 66.97 at the beginning of the trading date compared to the closed value of 66.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cm Commodity mutual fund. Still, in general, we apply an absolute valuation method to find Cm Commodity'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 Cm Commodity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cm Commodity's related companies.
| Open | High | Low | Close | Volume | |
| 66.89 | 66.89 | 66.89 | 66.89 | 1.00 | |
10/29/2024 | 66.97 | 66.97 | 66.97 | 66.97 | 1.00 |
| 67.41 | 67.41 | 67.41 | 67.41 | 1.00 |
| Backtest Cm Commodity | | | Cm Commodity History | | | Cm Commodity Valuation | Previous | Next |
Cm Commodity Trading Date Momentum on October 29, 2024
| On October 30 2024 Cm Modity Index was traded for 67.41 at the closing time. The highest daily price throughout the period was 67.41 and the lowest price was 67.41 . There was no trading activity during the period 1.0. Lack of trading volume on 10/30/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.66% . The overall trading delta to current closing price is 1.37% . |
Cm Modity Index Fundamentals Correlations and Trends
By evaluating Cm Commodity's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cm Commodity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CMCAX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cm Commodity Mutual Fund history
Cm Commodity investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CMCAX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cm Modity Index will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cm Commodity stock prices may prove useful in developing a viable investing in Cm Commodity
The fund invests in instruments that derive their value from the performance of the UBS Constant Maturity Commodity Total Return Index, and in bonds, debt securities and other fixed income instruments issued by various U.S. public- or private-sector entities. The CMCI is a rules-based, composite benchmark index diversified across 29 commodity components from the following five sectors energy, precious metals, industrial metals, agriculture and livestock.
Cm Commodity Mutual Fund Technical Analysis
Cm Commodity technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Cm Commodity Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Cm Modity Index cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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.
Cm Commodity November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Cm Commodity mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cm Commodity shares will generate the highest return on investment. By undertsting and applying Cm Commodity mutual fund market strength indicators, traders can identify Cm Modity Index entry and exit signals to maximize returns
Cm Commodity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cm Commodity's price direction in advance. Along with the technical and fundamental analysis of CMCAX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of CMCAX 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 | 0.0282 | |||
| Jensen Alpha | 0.0254 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0.39) |
| Cycle Indicators | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in CMCAX Mutual Fund
Cm Commodity financial ratios help investors to determine whether CMCAX Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CMCAX with respect to the benefits of owning Cm Commodity security.
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