SBI Mutual (India) Price on May 18, 2024
| SBIETFPB | 245.20 2.66 1.10% |
If you're considering investing in SBI Etf, it is important to understand the factors that can impact its price. As of today, the current price of SBI Mutual stands at 245.20, as last reported on the 23rd of January, with the highest price reaching 248.70 and the lowest price hitting 240.32 during the day. SBI Mutual Fund owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0769, which indicates the etf had a -0.0769 % return per unit of volatility over the last 3 months. SBI Mutual Fund exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SBI Mutual's Standard Deviation of 0.9819, risk adjusted performance of (0.06), and Market Risk Adjusted Performance of (0.31) to confirm the risk estimate we provide.
SBI Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SBI |
Sharpe Ratio = -0.0769
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| Negative Returns | SBIETFPB |
Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SBI Mutual is not performing at its full potential. However, 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 SBI Mutual by adding SBI Mutual to a well-diversified portfolio.
SBI Mutual Valuation on May 18, 2024
It is possible to determine the worth of SBI Mutual on a given historical date. On May 18, 2024 SBI was worth 243.0 at the beginning of the trading date compared to the closed value of 242.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SBI Mutual etf. Still, in general, we apply an absolute valuation method to find SBI Mutual'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 SBI Mutual where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SBI Mutual's related companies.
| Open | High | Low | Close | Volume | |
| 246.97 | 246.97 | 240.21 | 242.86 | 6,806 | |
05/18/2024 | 243.00 | 245.99 | 240.00 | 242.01 | 4,069 |
| 247.97 | 247.97 | 241.01 | 241.80 | 19,435 |
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SBI Mutual Trading Date Momentum on May 18, 2024
| On May 21 2024 SBI Mutual Fund was traded for 241.80 at the closing time. The highest price during the trading period was 247.97 and the lowest recorded bid was listed for 241.01 . The volume for the day was 19.4 K. This history from May 21, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.09% . The trading price change to the current price is 3.70% . |
Price Boundaries
SBI Mutual Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
SBI Mutual Fund cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
SBI Mutual January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how SBI Mutual etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SBI Mutual shares will generate the highest return on investment. By undertsting and applying SBI Mutual etf market strength indicators, traders can identify SBI Mutual Fund entry and exit signals to maximize returns
SBI Mutual Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SBI Mutual's price direction in advance. Along with the technical and fundamental analysis of SBI Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SBI 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.