Dow Jones Islamic Index Price on December 2, 2024
IMUS Index | 12,267 88.39 0.73% |
Below is the normalized historical share price chart for Dow Jones Islamic extending back to May 11, 2001. 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 Dow Jones stands at 12,267, as last reported on the 3rd of December, with the highest price reaching 12,267 and the lowest price hitting 12,267 during the day.
If you're considering investing in Dow Index, it is important to understand the factors that can impact its price. Dow Jones Islamic secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the index had a 0.19% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Dow Jones Islamic, which you can use to evaluate the volatility of the entity. Dow Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.1854
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Estimated Market Risk
0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Dow Jones is performing at about 14% 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 Dow Jones by adding it to a well-diversified portfolio.
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Dow Jones Valuation on December 2, 2024
It is possible to determine the worth of Dow Jones on a given historical date. On December 2, 2024 Dow was worth 12267.47 at the beginning of the trading date compared to the closed value of 12267.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dow Jones index. Still, in general, we apply an absolute valuation method to find Dow Jones' 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 Dow Jones where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dow Jones' related companies.
Open | High | Low | Close | Volume | |
12,109 | 12,200 | 12,105 | 12,179 | 1.00 | |
12/02/2024 | 12,267 | 12,267 | 12,267 | 12,267 | 1.00 |
12,267 | 12,267 | 12,267 | 12,267 | 0.00 |
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Dow Jones Trading Date Momentum on December 2, 2024
On December 03 2024 Dow Jones Islamic was traded for 12,267 at the closing time. The highest price during the trading period was 12,267 and the lowest recorded bid was listed for 12,267 . 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
Dow Jones Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
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Dow Jones December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Dow Jones index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dow Jones shares will generate the highest return on investment. By undertsting and applying Dow Jones index market strength indicators, traders can identify Dow Jones Islamic entry and exit signals to maximize returns
Dow Jones Technical Drivers
Dow Jones December 3, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dow Jones' price direction in advance. Along with the technical and fundamental analysis of Dow Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dow 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 | 0.0912 | |||
Mean Deviation | 0.6197 | |||
Semi Deviation | 0.8577 | |||
Downside Deviation | 1.02 | |||
Coefficient Of Variation | 850.31 | |||
Standard Deviation | 0.8823 | |||
Variance | 0.7784 | |||
Information Ratio | (0.02) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.02) | |||
Maximum Drawdown | 4.39 | |||
Value At Risk | (1.91) | |||
Potential Upside | 1.31 | |||
Downside Variance | 1.04 | |||
Semi Variance | 0.7357 | |||
Expected Short fall | (0.63) | |||
Skewness | (0.74) | |||
Kurtosis | 1.92 |
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Volume Indicators |