Indexco Limited (South Africa) Price on November 11, 2024
| STXCAP Etf | 4,243 15.00 0.35% |
If you're considering investing in Indexco Etf, it is important to understand the factors that can impact its price. As of today, the current price of Indexco Limited stands at 4,243, as last reported on the 28th of November, with the highest price reaching 4,330 and the lowest price hitting 4,236 during the day. At this point, Indexco Limited is very steady. Indexco Limited holds Efficiency (Sharpe) Ratio of 0.0322, which attests that the entity had a 0.0322% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Indexco Limited, which you can use to evaluate the volatility of the entity. Please check out Indexco Limited's Market Risk Adjusted Performance of (0.04), risk adjusted performance of 0.0083, and Downside Deviation of 0.6169 to validate if the risk estimate we provide is consistent with the expected return of 0.021%.
Indexco Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Indexco |
Sharpe Ratio = 0.0322
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Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 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 Indexco Limited 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 Indexco Limited by adding it to a well-diversified portfolio.
Indexco Limited Valuation on November 11, 2024
It is possible to determine the worth of Indexco Limited on a given historical date. On November 11, 2024 Indexco was worth 4267.3 at the beginning of the trading date compared to the closed value of 4238.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indexco Limited etf. Still, in general, we apply an absolute valuation method to find Indexco Limited'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 Indexco Limited where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indexco Limited's related companies.
| Open | High | Low | Close | Volume | |
| 4,255 | 4,289 | 4,238 | 4,253 | 837,261 | |
11/11/2024 | 4,267 | 4,267 | 4,218 | 4,239 | 9,686 |
| 4,230 | 4,234 | 4,187 | 4,198 | 12,280 |
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Indexco Limited Trading Date Momentum on November 11, 2024
| On November 12 2024 Indexco Limited was traded for 4,198 at the closing time. The highest price during the trading period was 4,234 and the lowest recorded bid was listed for 4,187 . The volume for the day was 12.3 K. This history from November 12, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.96% . The trading delta at closing time to the current price is 0.41% . |
Price Boundaries
Indexco Limited Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Indexco Limited November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Indexco Limited etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indexco Limited shares will generate the highest return on investment. By undertsting and applying Indexco Limited etf market strength indicators, traders can identify Indexco Limited entry and exit signals to maximize returns
Indexco Limited Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Indexco Limited's price direction in advance. Along with the technical and fundamental analysis of Indexco Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Indexco 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.