Feeder Cattle Futures Commodity Price on November 23, 2024
GFUSX Commodity | 258.10 2.62 1.03% |
If you're considering investing in Feeder Commodity, it is important to understand the factors that can impact its price. As of today, the current price of Feeder Cattle stands at 258.10, as last reported on the 27th of November, with the highest price reaching 259.35 and the lowest price hitting 255.35 during the day. At this stage we consider Feeder Commodity to be very steady. Feeder Cattle Futures secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the commodity had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for Feeder Cattle Futures, which you can use to evaluate the volatility of the entity. Please confirm Feeder Cattle's Downside Deviation of 0.6276, coefficient of variation of 762.07, and Mean Deviation of 0.4909 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
Feeder Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.
Feeder |
Sharpe Ratio = 0.1915
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Estimated Market Risk
0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Feeder Cattle 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 Feeder Cattle by adding it to a well-diversified portfolio.
Feeder Cattle Valuation on November 23, 2024
It is possible to determine the worth of Feeder Cattle on a given historical date. On November 23, 2024 Feeder was worth 253.38 at the beginning of the trading date compared to the closed value of 254.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Feeder Cattle commodity. Still, in general, we apply an absolute valuation method to find Feeder Cattle'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 Feeder Cattle where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Feeder Cattle's related companies.
Open | High | Low | Close | Volume | |
252.00 | 253.95 | 252.00 | 253.45 | 6,907 | |
11/22/2024 | 253.38 | 255.38 | 253.15 | 254.30 | 6,628 |
256.55 | 259.52 | 254.90 | 255.48 | 11,491 |
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Feeder Cattle Trading Date Momentum on November 23, 2024
On November 25 2024 Feeder Cattle Futures was traded for 255.48 at the closing time. The highest daily price throughout the period was 259.52 and the lowest price was 254.90 . The daily volume was 11.5 K. The net trading volume on 11/25/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.46% . The overall trading delta to current closing price is 0.52% . |
Price Boundaries
Feeder Cattle Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Feeder Cattle Futures 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.
Feeder Cattle November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Feeder Cattle commodity reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Feeder Cattle shares will generate the highest return on investment. By undertsting and applying Feeder Cattle commodity market strength indicators, traders can identify Feeder Cattle Futures entry and exit signals to maximize returns
Feeder Cattle Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Feeder Cattle's price direction in advance. Along with the technical and fundamental analysis of Feeder Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of Feeder 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.