Aluminum Futures Commodity Price History

ALIUSD Commodity   2,574  13.75  0.54%   
If you're considering investing in Aluminum Commodity, it is important to understand the factors that can impact its price. As of today, the current price of Aluminum Futures stands at 2,574, as last reported on the 27th of November, with the highest price reaching 2,622 and the lowest price hitting 2,574 during the day. At this point, Aluminum Futures is very steady. Aluminum Futures secures Sharpe Ratio (or Efficiency) of 0.0822, which signifies that the commodity had a 0.0822% return per unit of risk over the last 3 months. We have found thirty technical indicators for Aluminum Futures, which you can use to evaluate the volatility of the entity. Please confirm Aluminum Futures' Risk Adjusted Performance of 0.0448, downside deviation of 1.54, and Mean Deviation of 1.38 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
  
Aluminum Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0822

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskALIUSDHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.77
  actual daily
15
85% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Aluminum Futures is performing at about 6% 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 Aluminum Futures by adding it to a well-diversified portfolio.

Aluminum Futures Commodity Price History Chart

There are several ways to analyze Aluminum Futures price data. The simplest method is using a basic Aluminum candlestick price chart, which shows Aluminum Futures 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 PriceNovember 7, 20242654.5
Lowest PriceSeptember 9, 20242257.5

Aluminum Futures November 27, 2024 Commodity Price Synopsis

Various analyses of Aluminum Futures' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Aluminum Commodity. It can be used to describe the percentage change in the price of Aluminum Futures from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Aluminum Commodity.
Aluminum Futures Price Action Indicator(16.62)
Aluminum Futures Accumulation Distribution 34.35 
Aluminum Futures Price Rate Of Daily Change 1.01 
Aluminum Futures Market Facilitation Index 0.02 
Aluminum Futures Price Daily Balance Of Power 0.29 

Aluminum Futures November 27, 2024 Commodity Price Analysis

When benchmark price declines in a down market, there may be an uptick in Aluminum Futures 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 Aluminum Futures intraday prices and daily technical indicators to check the level of noise trading in Aluminum Futures and then apply it to test your longer-term investment strategies against Aluminum.

Aluminum Commodity Price History Data

OpenHighLowCloseVolume
11/27/2024 2,592  2,622  2,574  2,574  1,916 
11/26/2024 2,557  2,561  2,551  2,561  875.00 
11/25/2024 2,588  2,588  2,588  2,588  157.00 
11/22/2024 2,563  2,563  2,563  2,563  1,715 
11/21/2024 2,570  2,570  2,570  2,570  1,919 
11/20/2024 2,573  2,573  2,573  2,573  2,569 
11/19/2024 2,574  2,575  2,548  2,575  2,181 
11/18/2024 2,536  2,536  2,536  2,536  2,440 
11/15/2024 2,567  2,567  2,567  2,567  1,448 
11/14/2024 2,428  2,428  2,428  2,428  1,460 
11/13/2024 2,462  2,465  2,452  2,452  2,524 
11/12/2024 2,471  2,473  2,471  2,471  3,730 
11/11/2024 2,502  2,502  2,502  2,502  3,626 
11/08/2024 2,562  2,562  2,562  2,562  3,823 
11/07/2024 2,654  2,654  2,652  2,654  2,553 
11/06/2024 2,549  2,549  2,549  2,549  3,287 
11/05/2024 2,617  2,617  2,617  2,617  4,086 
11/04/2024 2,544  2,561  2,543  2,561  1,147 
11/01/2024 2,535  2,546  2,524  2,546  2,472 
10/31/2024 2,560  2,560  2,560  2,560  515.00 
10/30/2024 2,594  2,594  2,563  2,563  1,506 
10/29/2024 2,618  2,618  2,591  2,610  89.00 
10/28/2024 2,594  2,595  2,576  2,594  1,753 
10/25/2024 2,570  2,634  2,570  2,634  1,162 
10/24/2024 2,597  2,597  2,597  2,597  4,175 
10/23/2024 2,612  2,612  2,612  2,612  1,943 
10/22/2024 2,574  2,574  2,574  2,574  4,103 
10/21/2024 2,542  2,542  2,542  2,542  2,524 
10/18/2024 2,566  2,566  2,566  2,566  4,310 
10/17/2024 2,504  2,504  2,504  2,504  7,205 
10/16/2024 2,525  2,525  2,525  2,525  1,816 
10/15/2024 2,508  2,516  2,500  2,516  534.00 
10/14/2024 2,534  2,534  2,534  2,534  449.00 
10/11/2024 2,570  2,570  2,570  2,570  3,202 
10/10/2024 2,521  2,521  2,521  2,521  3,282 
10/09/2024 2,463  2,463  2,463  2,463  1,494 
10/08/2024 2,496  2,496  2,496  2,496  1,915 
10/07/2024 2,590  2,590  2,590  2,590  1,977 
10/04/2024 2,584  2,584  2,584  2,584  1,078 
10/03/2024 2,551  2,551  2,551  2,551  1,528 
10/02/2024 2,580  2,580  2,580  2,580  2,283 
10/01/2024 2,565  2,565  2,565  2,565  1,553 
09/30/2024 2,534  2,534  2,534  2,534  850.00 
09/27/2024 2,579  2,579  2,579  2,579  883.00 
09/26/2024 2,525  2,551  2,525  2,549  4,514 
09/25/2024 2,462  2,462  2,458  2,458  5,378 
09/24/2024 2,491  2,491  2,474  2,491  12,796 
09/23/2024 2,408  2,408  2,408  2,408  1,900 
09/20/2024 2,402  2,402  2,402  2,402  1,880 
09/19/2024 2,463  2,463  2,463  2,463  1,855 
09/18/2024 2,438  2,438  2,418  2,438  11,630 
09/17/2024 2,430  2,430  2,430  2,430  10,947 
09/16/2024 2,437  2,438  2,432  2,438  2,016 
09/13/2024 2,380  2,380  2,380  2,380  2,053 
09/12/2024 2,334  2,334  2,334  2,334  1,061 
09/11/2024 2,298  2,300  2,298  2,300  3,925 
09/10/2024 2,260  2,260  2,260  2,260  2,601 
09/09/2024 2,258  2,258  2,258  2,258  1,890 
09/06/2024 2,269  2,290  2,258  2,258  1,561 
09/05/2024 2,270  2,270  2,270  2,270  3,429 
09/04/2024 2,288  2,309  2,279  2,293  3,679 

Did you try this?

Run Premium Stories Now

   

Premium Stories

Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
All  Next Launch Module

Aluminum Futures Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Aluminum Futures' price direction in advance. Along with the technical and fundamental analysis of Aluminum Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aluminum 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.