Micro E Mini Russell Commodity Price on September 24, 2024
| RTYUSD Commodity | 2,445 10.30 0.42% |
If you're considering investing in Micro Commodity, it is important to understand the factors that can impact its price. As of today, the current price of Micro E stands at 2,445, as last reported on the 30th of November, with the highest price reaching 2,460 and the lowest price hitting 2,436 during the day. Micro E appears to be very steady, given 3 months investment horizon. Micro E mini has Sharpe Ratio of 0.16, which conveys that the entity had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Micro E, which you can use to evaluate the volatility of the commodity. Please exercise Micro E's Mean Deviation of 0.9134, downside deviation of 1.16, and Risk Adjusted Performance of 0.0933 to check out if our risk estimates are consistent with your expectations.
Micro Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.
Micro |
Sharpe Ratio = 0.1611
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Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Micro E is performing at about 12% 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 Micro E by adding it to a well-diversified portfolio.
Micro E Valuation on September 24, 2024
It is possible to determine the worth of Micro E on a given historical date. On September 24, 2024 Micro was worth 2243.2 at the beginning of the trading date compared to the closed value of 2246.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Micro E commodity. Still, in general, we apply an absolute valuation method to find Micro E'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 Micro E where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Micro E's related companies.
| Open | High | Low | Close | Volume | |
| 2,256 | 2,268 | 2,235 | 2,243 | 223,641 | |
09/24/2024 | 2,243 | 2,255 | 2,230 | 2,246 | 126,985 |
| 2,246 | 2,251 | 2,217 | 2,218 | 137,691 |
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Micro E Trading Date Momentum on September 24, 2024
| On September 25 2024 Micro E mini Russell was traded for 2,218 at the closing time. The maximum traded price for the trading interval was 2,251 and the lowest daily price was 2,217 . The daily volume was recorded at 137.7 K. The volume of trading on 25th of September 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.25% . The trading delta at closing time to the closing price today is 2.20% . |
Price Boundaries
Micro E Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Micro E mini Russell 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.
Micro E November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Micro E commodity reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Micro E shares will generate the highest return on investment. By undertsting and applying Micro E commodity market strength indicators, traders can identify Micro E mini Russell entry and exit signals to maximize returns
Micro E Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Micro E's price direction in advance. Along with the technical and fundamental analysis of Micro Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of Micro 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.