2 Year T Note Futures Commodity Price on September 5, 2024
| ZTUSD Commodity | 102.84 0.07 0.07% |
If you're considering investing in ZTUSD Commodity, it is important to understand the factors that can impact its price. As of today, the current price of 2 Year stands at 102.84, as last reported on the 30th of November, with the highest price reaching 103.07 and the lowest price hitting 102.84 during the day. 2 Year T secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the commodity had a -0.11% return per unit of return volatility over the last 3 months. 2 Year T Note Futures exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 2 Year's Standard Deviation of 0.1349, mean deviation of 0.0923, and Variance of 0.0182 to double-check the risk estimate we provide.
ZTUSD Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.
ZTUSD |
Sharpe Ratio = -0.1111
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Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 2 Year 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 2 Year by adding 2 Year to a well-diversified portfolio.
2 Year Valuation on September 5, 2024
It is possible to determine the worth of 2 Year on a given historical date. On September 5, 2024 ZTUSD was worth 103.63 at the beginning of the trading date compared to the closed value of 103.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 2 Year commodity. Still, in general, we apply an absolute valuation method to find 2 Year'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 2 Year where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 2 Year's related companies.
| Open | High | Low | Close | Volume | |
| 103.44 | 103.61 | 103.43 | 103.59 | 807,192 | |
09/05/2024 | 103.63 | 103.72 | 103.59 | 103.65 | 826,413 |
| 103.73 | 103.96 | 103.66 | 103.84 | 1,449,444 |
| Backtest 2 Year | | | 2 Year History | Previous | Next |
2 Year Trading Date Momentum on September 5, 2024
| On September 06 2024 2 Year T Note Futures was traded for 103.84 at the closing time. The highest daily price throughout the period was 103.96 and the lowest price was 103.66 . The daily volume was 1.4 M. The net trading volume on 09/06/2024 added to the next day price growth. The trading date delta to closing price of the next trading day was 0.18% . The daily price change to current closing price is 0.72% . |
Price Boundaries
2 Year Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
2 Year T Note 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.
2 Year November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how 2 Year commodity reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 2 Year shares will generate the highest return on investment. By undertsting and applying 2 Year commodity market strength indicators, traders can identify 2 Year T Note Futures entry and exit signals to maximize returns
2 Year Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 2 Year's price direction in advance. Along with the technical and fundamental analysis of ZTUSD Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZTUSD 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.