Phlx Swiss Franc Index Price on September 25, 2024
SXY Index | 113.17 0.11 0.1% |
Below is the normalized historical share price chart for PHLX Swiss Franc extending back to July 31, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of PHLX Swiss stands at 113.17, as last reported on the 11th of December 2024, with the highest price reaching 113.31 and the lowest price hitting 113.13 during the day.
If you're considering investing in PHLX Index, it is important to understand the factors that can impact its price. PHLX Swiss Franc maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the entity had a -0.12% return per unit of volatility over the last 3 months. PHLX Swiss Franc exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. PHLX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = -0.125
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Estimated Market Risk
0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PHLX Swiss 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 PHLX Swiss by adding PHLX Swiss to a well-diversified portfolio.
PHLX Swiss Valuation on September 25, 2024
It is possible to determine the worth of PHLX Swiss on a given historical date. On September 25, 2024 PHLX was worth 117.87 at the beginning of the trading date compared to the closed value of 117.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PHLX Swiss index. Still, in general, we apply an absolute valuation method to find PHLX Swiss' 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 PHLX Swiss where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PHLX Swiss' related companies.
Open | High | Low | Close | Volume | |
117.90 | 118.62 | 117.83 | 118.54 | 1.00 | |
09/25/2024 | 117.87 | 118.13 | 117.52 | 117.62 | 1.00 |
118.02 | 118.32 | 117.55 | 118.18 | 1.00 |
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PHLX Swiss Trading Date Momentum on September 25, 2024
On September 26 2024 PHLX Swiss Franc was traded for 118.18 at the closing time. The highest price during the trading period was 118.32 and the lowest recorded bid was listed for 117.55 . There was no trading activity during the period 1.0. Lack of trading volume on September 26, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 0.48% . The trading delta at closing time to the current price is 0.59% . |
Price Boundaries
PHLX Swiss Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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PHLX Swiss December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how PHLX Swiss index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PHLX Swiss shares will generate the highest return on investment. By undertsting and applying PHLX Swiss index market strength indicators, traders can identify PHLX Swiss Franc entry and exit signals to maximize returns
PHLX Swiss Technical Drivers
PHLX Swiss December 11, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PHLX Swiss' price direction in advance. Along with the technical and fundamental analysis of PHLX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of PHLX 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.
Risk Adjusted Performance | (0.10) | |||
Mean Deviation | 0.3522 | |||
Coefficient Of Variation | (742.65) | |||
Standard Deviation | 0.4597 | |||
Variance | 0.2113 | |||
Information Ratio | (0.41) | |||
Total Risk Alpha | (0.14) | |||
Maximum Drawdown | 2.6 | |||
Value At Risk | (0.77) | |||
Potential Upside | 0.5496 | |||
Skewness | (1.02) | |||
Kurtosis | 3.2 |
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Pattern Recognition | ||
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Volume Indicators |