Rough Rice Futures Commodity Price on November 27, 2024
| ZRUSD Commodity | 15.22 0.05 0.33% |
If you're considering investing in Rough Commodity, it is important to understand the factors that can impact its price. As of today, the current price of Rough Rice stands at 15.22, as last reported on the 30th of November, with the highest price reaching 15.25 and the lowest price hitting 15.16 during the day. At this point, Rough Rice is very steady. Rough Rice Futures maintains Sharpe Ratio (i.e., Efficiency) of 0.0342, which implies the entity had a 0.0342% return per unit of risk over the last 3 months. We have found thirty technical indicators for Rough Rice Futures, which you can use to evaluate the volatility of the commodity. Please check Rough Rice's Semi Deviation of 0.9652, risk adjusted performance of 0.0349, and Coefficient Of Variation of 2335.33 to confirm if the risk estimate we provide is consistent with the expected return of 0.0338%.
Rough Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.
Rough |
Sharpe Ratio = 0.0342
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| Negative Returns | ZRUSD |
Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.03 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 Rough Rice 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 Rough Rice by adding it to a well-diversified portfolio.
Rough Rice Valuation on November 27, 2024
It is possible to determine the worth of Rough Rice on a given historical date. On November 27, 2024 Rough was worth 15.13 at the beginning of the trading date compared to the closed value of 15.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rough Rice commodity. Still, in general, we apply an absolute valuation method to find Rough Rice'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 Rough Rice where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rough Rice's related companies.
| Open | High | Low | Close | Volume | |
| 14.91 | 15.15 | 14.89 | 15.13 | 463.00 | |
11/27/2024 | 15.13 | 15.25 | 15.09 | 15.17 | 748.00 |
| 15.13 | 15.25 | 15.16 | 15.22 | 582.00 |
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Rough Rice Trading Date Momentum on November 27, 2024
| On November 29 2024 Rough Rice Futures was traded for 15.22 at the closing time. The highest daily price throughout the period was 15.25 and the lowest price was 15.16 . The daily volume was 582. The net trading volume on 11/29/2024 added to the next day price growth. The trading date delta to closing price of the next trading day was 0.33% . The trading delta at closing time to current closing price is 0.26% . |
Price Boundaries
Rough Rice Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Rough Rice 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.
Rough Rice November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Rough Rice commodity reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rough Rice shares will generate the highest return on investment. By undertsting and applying Rough Rice commodity market strength indicators, traders can identify Rough Rice Futures entry and exit signals to maximize returns
Rough Rice Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rough Rice's price direction in advance. Along with the technical and fundamental analysis of Rough Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rough 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.