Silver Futures Commodity Price on November 22, 2024
| SIUSD Commodity | 31.71 0.40 1.25% |
If you're considering investing in Silver Commodity, it is important to understand the factors that can impact its price. As of today, the current price of Silver Futures stands at 31.71, as last reported on the 1st of March, with the highest price reaching 31.93 and the lowest price hitting 31.37 during the day. At this point, Silver Futures is very steady. Silver Futures owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0343, which indicates the commodity had a 0.0343 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Silver Futures, which you can use to evaluate the volatility of the commodity. Please validate Silver Futures' Risk Adjusted Performance of 0.0245, semi deviation of 1.68, and Coefficient Of Variation of 3841.6 to confirm if the risk estimate we provide is consistent with the expected return of 0.0552%.
Silver Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.
Silver |
Sharpe Ratio = 0.0343
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Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Silver Futures 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 Silver Futures by adding it to a well-diversified portfolio.
Silver Futures Valuation on November 22, 2024
It is possible to determine the worth of Silver Futures on a given historical date. On November 22, 2024 Silver was worth 30.86 at the beginning of the trading date compared to the closed value of 31.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Silver Futures commodity. Still, in general, we apply an absolute valuation method to find Silver Futures' 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 Silver Futures where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Silver Futures' related companies.
| Open | High | Low | Close | Volume | |
| 30.96 | 31.38 | 30.72 | 30.94 | 62,738 | |
11/22/2024 | 30.86 | 31.47 | 30.81 | 31.34 | 62,699 |
| 31.40 | 31.55 | 30.12 | 30.24 | 84,589 |
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Silver Futures Trading Date Momentum on November 22, 2024
| On November 25 2024 Silver Futures was traded for 30.24 at the closing time. The highest daily price throughout the period was 31.55 and the lowest price was 30.12 . The daily volume was 84.6 K. The net trading volume on 11/25/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 3.51% . The trading price change to current closing price is 0.70% . |
Price Boundaries
Silver Futures Period Price Range
Low | March 1, 2025
| High |
0.00 | 0.00 |
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.
Silver Futures March 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Silver Futures commodity reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Silver Futures shares will generate the highest return on investment. By undertsting and applying Silver Futures commodity market strength indicators, traders can identify Silver Futures entry and exit signals to maximize returns
Silver Futures Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Silver Futures' price direction in advance. Along with the technical and fundamental analysis of Silver Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of Silver 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.