Mini Dow Jones Commodity Price on November 27, 2024
| YMUSD Commodity | 45,055 227.00 0.51% |
If you're considering investing in Mini Commodity, it is important to understand the factors that can impact its price. As of today, the current price of Mini Dow stands at 45,055, as last reported on the 30th of November, with the highest price reaching 45,171 and the lowest price hitting 44,820 during the day. At this point, Mini Dow is very steady. Mini Dow Jones has Sharpe Ratio of 0.16, which conveys that the entity had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mini Dow, which you can use to evaluate the volatility of the commodity. Please verify Mini Dow's Mean Deviation of 0.5729, downside deviation of 0.6402, and Risk Adjusted Performance of 0.121 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
Mini Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.
Mini |
Sharpe Ratio = 0.1592
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | YMUSD | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Mini Dow is performing at about 12% 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 Mini Dow by adding it to a well-diversified portfolio.
Mini Dow Valuation on November 27, 2024
It is possible to determine the worth of Mini Dow on a given historical date. On November 27, 2024 Mini was worth 44975.0 at the beginning of the trading date compared to the closed value of 44828.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mini Dow commodity. Still, in general, we apply an absolute valuation method to find Mini Dow'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 Mini Dow where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mini Dow's related companies.
| Open | High | Low | Close | Volume | |
| 44,849 | 45,002 | 44,532 | 44,951 | 119,034 | |
11/27/2024 | 44,975 | 45,121 | 44,790 | 44,828 | 120,238 |
| 44,846 | 45,171 | 44,820 | 45,055 | 98,544 |
| Backtest Mini Dow | | | Mini Dow History | Previous | Next |
Mini Dow Trading Date Momentum on November 27, 2024
| On November 28 2024 Mini Dow Jones was traded for 45,055 at the closing time. The highest daily price throughout the period was 45,171 and the lowest price was 44,820 . The daily volume was 98.5 K. The net trading volume on 11/28/2024 added to the next day price growth. The trading price change to closing price of the next trading day was 0.51% . The trading delta at closing time to current closing price is 0.04% . |
Price Boundaries
Mini Dow Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Mini Dow Jones 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.
Mini Dow November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Mini Dow commodity reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mini Dow shares will generate the highest return on investment. By undertsting and applying Mini Dow commodity market strength indicators, traders can identify Mini Dow Jones entry and exit signals to maximize returns
Mini Dow Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mini Dow's price direction in advance. Along with the technical and fundamental analysis of Mini Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mini 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.