NIFTY SUMER (India) Price on December 4, 2024
| NIFCODU Index | 43,222 297.15 0.69% |
If you're considering investing in NIFTY Index, it is important to understand the factors that can impact its price. As of today, the current price of NIFTY SUMER stands at 43,222, as last reported on the 5th of January, with the highest price reaching 43,426 and the lowest price hitting 42,963 during the day. NIFTY SUMER DURABLES has Sharpe Ratio of 0.0544, which conveys that the entity had a 0.0544% return per unit of risk over the last 3 months. We have found twenty technical indicators for NIFTY SUMER, which you can use to evaluate the volatility of the index. NIFTY Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.0544
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Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average NIFTY SUMER is performing at about 4% 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 NIFTY SUMER by adding it to a well-diversified portfolio.
NIFTY SUMER Valuation on December 4, 2024
It is possible to determine the worth of NIFTY SUMER on a given historical date. On December 4, 2024 NIFTY was worth 41301.0 at the beginning of the trading date compared to the closed value of 41514.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NIFTY SUMER index. Still, in general, we apply an absolute valuation method to find NIFTY SUMER'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 NIFTY SUMER where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NIFTY SUMER's related companies.
| Open | High | Low | Close | Volume | |
| 41,078 | 41,222 | 40,908 | 41,198 | 1.00 | |
12/04/2024 | 41,301 | 41,560 | 41,250 | 41,515 | 1.00 |
| 41,604 | 41,820 | 41,235 | 41,732 | 1.00 |
| Backtest NIFTY SUMER | | | NIFTY SUMER History | Previous | Next |
NIFTY SUMER Trading Date Momentum on December 4, 2024
| On December 05 2024 NIFTY SUMER DURABLES was traded for 41,732 at the closing time. The highest price during the trading period was 41,820 and the lowest recorded bid was listed for 41,235 . There was no trading activity during the period 1.0. Lack of trading volume on December 5, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.52% . The trading delta at closing time to the current price is 3.66% . |
Price Boundaries
NIFTY SUMER Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
NIFTY SUMER DURABLES cannot be verified against its exchange. Please verify the symbol is currently traded on INDX. 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.
NIFTY SUMER January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how NIFTY SUMER index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NIFTY SUMER shares will generate the highest return on investment. By undertsting and applying NIFTY SUMER index market strength indicators, traders can identify NIFTY SUMER DURABLES entry and exit signals to maximize returns
NIFTY SUMER Technical Drivers
NIFTY SUMER January 5, 2025 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NIFTY SUMER's price direction in advance. Along with the technical and fundamental analysis of NIFTY Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of NIFTY 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 | (0.01) | |||
| Mean Deviation | 0.8329 | |||
| Coefficient Of Variation | (7,136) | |||
| Standard Deviation | 1.06 | |||
| Variance | 1.12 | |||
| Information Ratio | (0.04) | |||
| Total Risk Alpha | (0.04) | |||
| Maximum Drawdown | 3.66 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 1.96 | |||
| Skewness | (0.18) | |||
| Kurtosis | 0.2919 |
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