3M CO Price on November 25, 2024
88579YBH3 | 94.86 4.55 4.58% |
If you're considering investing in 88579YBH3 Bond, it is important to understand the factors that can impact its price. As of today, the current price of 88579YBH3 stands at 94.86, as last reported on the 30th of November, with the highest price reaching 94.86 and the lowest price hitting 94.86 during the day. 88579YBH3 retains Efficiency (Sharpe Ratio) of -0.098, which signifies that the bond had a -0.098% return per unit of price deviation over the last 3 months. 88579YBH3 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 88579YBH3's Information Ratio of (0.19), market risk adjusted performance of (0.41), and Variance of 1.04 to double-check the risk estimate we provide.
88579YBH3 Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
88579YBH3 |
Sharpe Ratio = -0.098
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Estimated Market Risk
0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 88579YBH3 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 88579YBH3 by adding 88579YBH3 to a well-diversified portfolio.
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88579YBH3 Valuation on November 25, 2024
It is possible to determine the worth of 88579YBH3 on a given historical date. On November 25, 2024 88579YBH3 was worth 99.27 at the beginning of the trading date compared to the closed value of 99.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 88579YBH3 bond. Still, in general, we apply an absolute valuation method to find 88579YBH3'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 88579YBH3 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 88579YBH3's related companies.
Open | High | Low | Close | Volume | |
99.41 | 99.41 | 99.41 | 99.41 | 1.00 | |
11/25/2024 | 99.27 | 99.27 | 99.27 | 99.27 | 1.00 |
99.36 | 99.36 | 99.36 | 99.36 | 1.00 |
Backtest 88579YBH3 | | | 88579YBH3 History | | | 88579YBH3 Valuation | Previous | Next |
88579YBH3 Trading Date Momentum on November 25, 2024
On November 26 2024 3M CO was traded for 99.36 at the closing time. The highest price during the trading period was 99.36 and the lowest recorded bid was listed for 99.36 . There was no trading activity during the period 1.0. Lack of trading volume on November 26, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.09% . The daily price change to the current price is 1.75% . |
About 88579YBH3 Bond history
88579YBH3 investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for 88579YBH3 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 88579YBH3 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing 88579YBH3 stock prices may prove useful in developing a viable investing in 88579YBH3
88579YBH3 Bond Technical Analysis
88579YBH3 technical bond analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, bond market cycles, or different charting patterns.
Price Boundaries
88579YBH3 Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
3M CO cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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.
88579YBH3 November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how 88579YBH3 bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 88579YBH3 shares will generate the highest return on investment. By undertsting and applying 88579YBH3 bond market strength indicators, traders can identify 3M CO entry and exit signals to maximize returns
88579YBH3 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 88579YBH3's price direction in advance. Along with the technical and fundamental analysis of 88579YBH3 Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of 88579YBH3 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 | (0.04) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (0.42) |
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Other Information on Investing in 88579YBH3 Bond
88579YBH3 financial ratios help investors to determine whether 88579YBH3 Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 88579YBH3 with respect to the benefits of owning 88579YBH3 security.