Sugar Commodity Price on September 13, 2024
| SBUSX Commodity | 21.63 0.06 0.28% |
If you're considering investing in Sugar Commodity, it is important to understand the factors that can impact its price. As of today, the current price of Sugar stands at 21.63, as last reported on the 27th of November, with the highest price reaching 22.00 and the lowest price hitting 21.54 during the day. At this stage we consider Sugar Commodity to be very steady. Sugar owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0808, which indicates the commodity had a 0.0808% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sugar, which you can use to evaluate the volatility of the commodity. Please validate Sugar's Coefficient Of Variation of 872.5, semi deviation of 1.32, and Risk Adjusted Performance of 0.0935 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
Sugar Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.
Sugar |
Sharpe Ratio = 0.0808
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| Cash | Small Risk | SBUSX | High Risk | Huge Risk |
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Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Sugar is performing at about 6% 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 Sugar by adding it to a well-diversified portfolio.
Sugar Valuation on September 13, 2024
It is possible to determine the worth of Sugar on a given historical date. On September 13, 2024 Sugar was worth 19.05 at the beginning of the trading date compared to the closed value of 19.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sugar commodity. Still, in general, we apply an absolute valuation method to find Sugar'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 Sugar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sugar's related companies.
| Open | High | Low | Close | Volume | |
| 18.70 | 19.24 | 18.69 | 19.07 | 110,330 | |
09/13/2024 | 19.05 | 19.42 | 18.92 | 19.01 | 110,330 |
| 18.99 | 19.43 | 18.84 | 19.18 | 94,997 |
| Backtest Sugar | | | Sugar History | Previous | Next |
Sugar Trading Date Momentum on September 13, 2024
| On September 16 2024 Sugar was traded for 19.18 at the closing time. The highest daily price throughout the period was 19.43 and the lowest price was 18.84 . The daily volume was 95 K. The net trading volume on 09/16/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.89% . The trading price change to current closing price is 17.89% . |
Price Boundaries
Sugar Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Sugar 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.
Sugar November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Sugar commodity reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sugar shares will generate the highest return on investment. By undertsting and applying Sugar commodity market strength indicators, traders can identify Sugar entry and exit signals to maximize returns
Sugar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sugar's price direction in advance. Along with the technical and fundamental analysis of Sugar Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sugar 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.