Cm Modity Index Fund Price on March 27, 2023
| COMIX Fund | USD 70.77 0.11 0.16% |
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 Modity stands at 70.77, as last reported on the 11th of December 2024, with the highest price reaching 70.77 and the lowest price hitting 70.77 during the day.
If you're considering investing in COMIX Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider COMIX Mutual Fund to be very steady. Cm Modity Index retains Efficiency (Sharpe Ratio) of 0.0963, which signifies that the fund had a 0.0963% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Cm Modity, which you can use to evaluate the volatility of the entity. Please confirm Cm Modity's Coefficient Of Variation of 930.4, standard deviation of 0.7698, and Market Risk Adjusted Performance of (0.34) to double-check if the risk estimate we provide is consistent with the expected return of 0.0712%.
COMIX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
COMIX |
Sharpe Ratio = 0.0963
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Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Cm Modity is performing at about 7% 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 Modity by adding it to a well-diversified portfolio.
Cm Modity Valuation on March 27, 2023
It is possible to determine the worth of Cm Modity on a given historical date. On March 27, 2023 COMIX was worth 67.08 at the beginning of the trading date compared to the closed value of 67.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cm Modity mutual fund. Still, in general, we apply an absolute valuation method to find Cm Modity'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 Modity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cm Modity's related companies.
| Open | High | Low | Close | Volume | |
| 66.22 | 66.22 | 66.22 | 66.22 | 1.00 | |
03/27/2023 | 67.08 | 67.08 | 67.08 | 67.08 | 1.00 |
| 67.52 | 67.52 | 67.52 | 67.52 | 1.00 |
| Backtest Cm Modity | | | Cm Modity History | | | Cm Modity Valuation | Previous | Next |
Cm Modity Trading Date Momentum on March 27, 2023
| On March 28 2023 Cm Modity Index was traded for 67.52 at the closing time. The highest daily price throughout the period was 67.52 and the lowest price was 67.52 . There was no trading activity during the period 1.0. Lack of trading volume on 03/28/2023 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 2.16% . |
Cm Modity Index Fundamentals Correlations and Trends
By evaluating Cm Modity'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 Modity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. COMIX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cm Modity Mutual Fund history
Cm Modity 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 COMIX 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 Modity stock prices may prove useful in developing a viable investing in Cm Modity
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 Modity Mutual Fund Technical Analysis
Cm Modity 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 Modity Period Price Range
Low | December 11, 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 Modity December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Cm Modity 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 Modity shares will generate the highest return on investment. By undertsting and applying Cm Modity mutual fund market strength indicators, traders can identify Cm Modity Index entry and exit signals to maximize returns
Cm Modity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cm Modity's price direction in advance. Along with the technical and fundamental analysis of COMIX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of COMIX 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 | 0.0783 | |||
| Jensen Alpha | 0.0963 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.35) |
| Cycle Indicators | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in COMIX Mutual Fund
Cm Modity financial ratios help investors to determine whether COMIX 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 COMIX with respect to the benefits of owning Cm Modity security.
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