Absa Multi (South Africa) Price History

Funds . South Africa . 
Fund . Absa Multi Managed
0P0000IR1G   2.61  0.01  0.38%   
If you're considering investing in Absa Fund, it is important to understand the factors that can impact its price. As of today, the current price of Absa Multi stands at 2.61, as last reported on the 12th of December 2024, with the highest price reaching 2.61 and the lowest price hitting 2.61 during the day. Absa Multi is not too volatile at the moment. Absa Multi Managed secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the fund had a 0.25% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Absa Multi Managed, which you can use to evaluate the volatility of the entity. Please confirm Absa Multi's Risk Adjusted Performance of 0.1588, coefficient of variation of 417.85, and Mean Deviation of 0.2308 to double-check if the risk estimate we provide is consistent with the expected return of 0.0752%.
  
Absa Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2522

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
Cash0P0000IR1GAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.3
  actual daily
2
98% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average Absa Multi is performing at about 19% 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 Absa Multi by adding it to a well-diversified portfolio.

Absa Multi Fund Price History Chart

There are several ways to analyze Absa Multi Managed Fund price data. The simplest method is using a basic Absa candlestick price chart, which shows Absa Multi price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceDecember 6, 20242.62
Lowest PriceSeptember 17, 20242.51

Absa Multi December 12, 2024 Fund Price Synopsis

Various analyses of Absa Multi's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Absa Fund. It can be used to describe the percentage change in the price of Absa Multi from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Absa Fund.
Absa Multi Price Rate Of Daily Change 1.00 
Absa Multi Price Action Indicator(0.01)

Absa Multi December 12, 2024 Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Absa Multi Managed Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Absa Multi intraday prices and daily technical indicators to check the level of noise trading in Absa Multi Managed Fund and then apply it to test your longer-term investment strategies against Absa.

Absa Fund Price History Data

OpenHighLowCloseVolume
12/12/2024
 2.61  2.61  2.61  2.61 
12/10/2024 2.61  2.61  2.61  2.61  1.00 
12/09/2024 2.61  2.61  2.61  2.61  1.00 
12/06/2024 2.62  2.62  2.62  2.62  1.00 
12/05/2024 2.61  2.61  2.61  2.61  1.00 
12/04/2024 2.61  2.61  2.61  2.61  1.00 
12/03/2024 2.60  2.60  2.60  2.60  1.00 
12/02/2024 2.60  2.60  2.60  2.60  1.00 
11/29/2024 2.59  2.59  2.59  2.59  1.00 
11/28/2024 2.59  2.59  2.59  2.59  1.00 
11/27/2024 2.59  2.59  2.59  2.59  1.00 
11/26/2024 2.59  2.59  2.59  2.59  1.00 
11/25/2024 2.58  2.58  2.58  2.58  1.00 
11/22/2024 2.58  2.58  2.58  2.58  1.00 
11/21/2024 2.57  2.57  2.57  2.57  1.00 
11/20/2024 2.57  2.57  2.57  2.57  1.00 
11/19/2024 2.55  2.55  2.55  2.55  1.00 
11/18/2024 2.56  2.56  2.56  2.56  1.00 
11/15/2024 2.57  2.57  2.57  2.57  1.00 
11/14/2024 2.57  2.57  2.57  2.57  1.00 
11/13/2024 2.57  2.57  2.57  2.57  1.00 
11/12/2024 2.57  2.57  2.57  2.57  1.00 
11/11/2024 2.56  2.56  2.56  2.56  1.00 
11/08/2024 2.54  2.54  2.54  2.54  1.00 
11/07/2024 2.52  2.52  2.52  2.52  1.00 
11/06/2024 2.52  2.52  2.52  2.52  1.00 
11/05/2024 2.52  2.52  2.52  2.52  1.00 
11/04/2024 2.52  2.52  2.52  2.52  1.00 
11/01/2024 2.53  2.53  2.53  2.53  1.00 
10/31/2024 2.53  2.53  2.53  2.53  1.00 
10/30/2024 2.54  2.54  2.54  2.54  1.00 
10/29/2024 2.55  2.55  2.55  2.55  1.00 
10/28/2024 2.55  2.55  2.55  2.55  1.00 
10/25/2024 2.54  2.54  2.54  2.54  1.00 
10/24/2024 2.55  2.55  2.55  2.55  1.00 
10/23/2024 2.55  2.55  2.55  2.55  1.00 
10/22/2024 2.54  2.54  2.54  2.54  1.00 
10/21/2024 2.54  2.54  2.54  2.54  1.00 
10/18/2024 2.54  2.54  2.54  2.54  1.00 
10/17/2024 2.55  2.55  2.55  2.55  1.00 
10/16/2024 2.55  2.55  2.55  2.55  1.00 
10/15/2024 2.54  2.54  2.54  2.54  1.00 
10/14/2024 2.54  2.54  2.54  2.54  1.00 
10/11/2024 2.53  2.53  2.53  2.53  1.00 
10/10/2024 2.53  2.53  2.53  2.53  1.00 
10/09/2024 2.53  2.53  2.53  2.53  1.00 
10/08/2024 2.53  2.53  2.53  2.53  1.00 
10/07/2024 2.53  2.53  2.53  2.53  1.00 
10/04/2024 2.53  2.53  2.53  2.53  1.00 
10/03/2024 2.54  2.54  2.54  2.54  1.00 
10/02/2024 2.55  2.55  2.55  2.55  1.00 
10/01/2024 2.55  2.55  2.55  2.55  1.00 
09/30/2024 2.55  2.55  2.55  2.55  1.00 
09/27/2024 2.54  2.54  2.54  2.54  1.00 
09/26/2024 2.54  2.54  2.54  2.54  1.00 
09/25/2024 2.53  2.53  2.53  2.53  1.00 
09/23/2024 2.52  2.52  2.52  2.52  1.00 
09/20/2024 2.52  2.52  2.52  2.52  1.00 
09/19/2024 2.51  2.51  2.51  2.51  1.00 
09/18/2024 2.51  2.51  2.51  2.51  1.00 
09/17/2024 2.51  2.51  2.51  2.51  1.00 

Did you try this?

Run Volatility Analysis Now

   

Volatility Analysis

Get historical volatility and risk analysis based on latest market data
All  Next Launch Module

Absa Multi Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Absa Multi's price direction in advance. Along with the technical and fundamental analysis of Absa Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Absa 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 Performance0.1588
Jensen Alpha0.0558
Total Risk Alpha0.0142
Sortino Ratio(0.13)
Treynor Ratio1.18
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators
Equity Valuation
Check real value of public entities based on technical and fundamental data
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY