Absa Multi (South Africa) Price History
0P0000ZE62 | 1.48 0.01 0.68% |
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 1.48, as last reported on the 4th of December, with the highest price reaching 1.48 and the lowest price hitting 1.48 during the day. At this stage we consider Absa Fund to be not too volatile. Absa Multi managed secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Absa Multi managed Absolute, which you can use to evaluate the volatility of the entity. Please confirm Absa Multi's Standard Deviation of 0.2663, risk adjusted performance of 0.1013, and Mean Deviation of 0.1371 to double-check if the risk estimate we provide is consistent with the expected return of 0.0446%.
Absa Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Absa |
Sharpe Ratio = 0.1623
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Negative Returns | 0P0000ZE62 |
Estimated Market Risk
0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Absa Multi 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 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 Absolute 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 Price | November 27, 2024 | 1.48 |
Lowest Price | September 9, 2024 | 1.44 |
Absa Multi December 4, 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 | 1.01 | |
Absa Multi Price Action Indicator | 0.01 |
Absa Multi December 4, 2024 Fund Price Analysis
Absa Fund Price History Data
Open | High | Low | Close | Volume | ||
12/04/2024 | 1.48 | 1.48 | 1.48 | 1.48 | ||
12/02/2024 | 1.48 | 1.48 | 1.48 | 1.48 | 1.00 | |
11/29/2024 | 1.48 | 1.48 | 1.48 | 1.48 | 1.00 | |
11/28/2024 | 1.48 | 1.48 | 1.48 | 1.48 | 1.00 | |
11/27/2024 | 1.48 | 1.48 | 1.48 | 1.48 | 1.00 | |
11/26/2024 | 1.47 | 1.47 | 1.47 | 1.47 | 1.00 | |
11/25/2024 | 1.47 | 1.47 | 1.47 | 1.47 | 1.00 | |
11/22/2024 | 1.47 | 1.47 | 1.47 | 1.47 | 1.00 | |
11/21/2024 | 1.47 | 1.47 | 1.47 | 1.47 | 1.00 | |
11/20/2024 | 1.47 | 1.47 | 1.47 | 1.47 | 1.00 | |
11/19/2024 | 1.47 | 1.47 | 1.47 | 1.47 | 1.00 | |
11/18/2024 | 1.46 | 1.46 | 1.46 | 1.46 | 1.00 | |
11/15/2024 | 1.47 | 1.47 | 1.47 | 1.47 | 1.00 | |
11/14/2024 | 1.47 | 1.47 | 1.47 | 1.47 | 1.00 | |
11/13/2024 | 1.46 | 1.46 | 1.46 | 1.46 | 1.00 | |
11/12/2024 | 1.46 | 1.46 | 1.46 | 1.46 | 1.00 | |
11/11/2024 | 1.46 | 1.46 | 1.46 | 1.46 | 1.00 | |
11/08/2024 | 1.46 | 1.46 | 1.46 | 1.46 | 1.00 | |
11/07/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
11/06/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
11/05/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
11/04/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
11/01/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/31/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/30/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/29/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/28/2024 | 1.46 | 1.46 | 1.46 | 1.46 | 1.00 | |
10/25/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/24/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/23/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/22/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/21/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/18/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/17/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/16/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/15/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/14/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/11/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/10/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/09/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/08/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/07/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/04/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/03/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/02/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
10/01/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
09/30/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
09/27/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
09/26/2024 | 1.44 | 1.44 | 1.44 | 1.44 | 1.00 | |
09/25/2024 | 1.44 | 1.44 | 1.44 | 1.44 | 1.00 | |
09/23/2024 | 1.44 | 1.44 | 1.44 | 1.44 | 1.00 | |
09/20/2024 | 1.44 | 1.44 | 1.44 | 1.44 | 1.00 | |
09/19/2024 | 1.44 | 1.44 | 1.44 | 1.44 | 1.00 | |
09/18/2024 | 1.44 | 1.44 | 1.44 | 1.44 | 1.00 | |
09/17/2024 | 1.45 | 1.45 | 1.45 | 1.45 | 1.00 | |
09/16/2024 | 1.44 | 1.44 | 1.44 | 1.44 | 1.00 | |
09/13/2024 | 1.44 | 1.44 | 1.44 | 1.44 | 1.00 | |
09/12/2024 | 1.44 | 1.44 | 1.44 | 1.44 | 1.00 | |
09/11/2024 | 1.44 | 1.44 | 1.44 | 1.44 | 1.00 | |
09/10/2024 | 1.44 | 1.44 | 1.44 | 1.44 | 1.00 | |
09/09/2024 | 1.44 | 1.44 | 1.44 | 1.44 | 1.00 |
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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 Performance | 0.1013 | |||
Jensen Alpha | 0.0337 | |||
Total Risk Alpha | (0) | |||
Treynor Ratio | (1.84) |
Cycle Indicators | ||
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Overlap Studies | ||
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