Micro Silver Futures Commodity Price on November 27, 2024
| SILUSD Commodity | 31.50 0.61 1.90% |
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 Silver stands at 31.50, as last reported on the 1st of March, with the highest price reaching 31.94 and the lowest price hitting 31.37 during the day. At this point, Micro Silver is very steady. Micro Silver Futures has Sharpe Ratio of 0.0278, which conveys that the entity had a 0.0278 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Micro Silver, which you can use to evaluate the volatility of the commodity. Please verify Micro Silver's Risk Adjusted Performance of 0.0199, downside deviation of 1.81, and Mean Deviation of 1.22 to check out if the risk estimate we provide is consistent with the expected return of 0.045%.
Micro Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.
Micro |
Sharpe Ratio = 0.0278
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| Negative Returns | SILUSD |
Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Micro Silver is performing at about 2% 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 Silver by adding it to a well-diversified portfolio.
Micro Silver Valuation on November 27, 2024
It is possible to determine the worth of Micro Silver on a given historical date. On November 27, 2024 Micro was worth 30.9 at the beginning of the trading date compared to the closed value of 30.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Micro Silver commodity. Still, in general, we apply an absolute valuation method to find Micro Silver'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 Silver where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Micro Silver's related companies.
| Open | High | Low | Close | Volume | |
| 30.33 | 30.74 | 30.04 | 30.41 | 11,412 | |
11/27/2024 | 30.90 | 31.19 | 30.42 | 30.56 | 17,025 |
| 30.56 | 31.37 | 30.09 | 31.11 | 18,741 |
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Micro Silver Trading Date Momentum on November 27, 2024
| On November 28 2024 Micro Silver Futures was traded for 31.11 at the closing time. The maximum traded price for the trading interval was 31.37 and the lowest daily price was 30.09 . The daily volume was recorded at 18.7 K. The volume of trading on 28th of November 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 1.80% . The trading delta at closing time to the closing price today is 3.04% . |
Price Boundaries
Micro Silver Period Price Range
Low | March 1, 2025
| High |
0.00 | 0.00 |
Micro Silver 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.
Micro Silver March 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Micro Silver 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 Silver shares will generate the highest return on investment. By undertsting and applying Micro Silver commodity market strength indicators, traders can identify Micro Silver Futures entry and exit signals to maximize returns
Micro Silver Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Micro Silver'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.