Live Cattle Futures Commodity Price on December 3, 2024

LEUSX Commodity   189.03  2.00  1.07%   
If you're considering investing in Live Commodity, it is important to understand the factors that can impact its price. As of today, the current price of Live Cattle stands at 189.03, as last reported on the 11th of December 2024, with the highest price reaching 189.40 and the lowest price hitting 187.00 during the day. At this stage we consider Live Commodity to be very steady. Live Cattle Futures has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Live Cattle, which you can use to evaluate the volatility of the commodity. Please verify Live Cattle's Downside Deviation of 0.4721, mean deviation of 0.4447, and Risk Adjusted Performance of 0.1247 to check out if the risk estimate we provide is consistent with the expected return of 0.0969%.
  
Live Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1654

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Estimated Market Risk

 0.59
  actual daily
5
95% of assets are more volatile

Expected Return

 0.1
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Live Cattle is performing at about 13% 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 Live Cattle by adding it to a well-diversified portfolio.

Live Cattle Valuation on December 3, 2024

It is possible to determine the worth of Live Cattle on a given historical date. On December 3, 2024 Live was worth 188.1 at the beginning of the trading date compared to the closed value of 189.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Live Cattle commodity. Still, in general, we apply an absolute valuation method to find Live 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 Live Cattle where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Live Cattle's related companies.
 Open High Low Close Volume
  188.63    189.38    187.03    187.93    28,473  
12/03/2024
  188.10    189.58    188.08    189.08    28,473  
  189.08    189.38    188.03    188.33    20,435  
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Open Value
188.1
186.34
Downside
189.08
Closing Value
189.86
Upside

Live Cattle Trading Date Momentum on December 3, 2024

On December 04 2024 Live Cattle Futures was traded for  188.33  at the closing time. The highest daily price throughout the period was 189.38  and the lowest price was  188.03 . The daily volume was 20.4 K. The net trading volume on 12/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.40% . The trading delta at closing time to current closing price is 0.97% .

Price Boundaries

Live Cattle Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Live 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.

Live Cattle December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Live 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 Live Cattle shares will generate the highest return on investment. By undertsting and applying Live Cattle commodity market strength indicators, traders can identify Live Cattle Futures entry and exit signals to maximize returns

Live Cattle Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Live Cattle's price direction in advance. Along with the technical and fundamental analysis of Live Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of Live 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.