Assetbase Cpi (South Africa) Price on November 4, 2024
| 0P000170LZ | 1.40 0.01 0.72% |
If you're considering investing in Assetbase Fund, it is important to understand the factors that can impact its price. As of today, the current price of Assetbase Cpi stands at 1.40, as last reported on the 15th of December 2024, with the highest price reaching 1.40 and the lowest price hitting 1.40 during the day. At this point, Assetbase Cpi is somewhat reliable. Assetbase Cpi 6 secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Assetbase Cpi 6, which you can use to evaluate the volatility of the entity. Please confirm Assetbase Cpi's Mean Deviation of 0.3392, risk adjusted performance of 0.1136, and Downside Deviation of 0.764 to double-check if the risk estimate we provide is consistent with the expected return of 0.0814%.
Assetbase Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Assetbase |
Sharpe Ratio = 0.1663
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| Cash | 0P000170LZ | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Assetbase Cpi is performing at about 13% 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 Assetbase Cpi by adding it to a well-diversified portfolio.
Assetbase Cpi Valuation on November 4, 2024
It is possible to determine the worth of Assetbase Cpi on a given historical date. On November 4, 2024 Assetbase was worth 1.36 at the beginning of the trading date compared to the closed value of 1.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Assetbase Cpi fund. Still, in general, we apply an absolute valuation method to find Assetbase Cpi'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 Assetbase Cpi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Assetbase Cpi's related companies.
| Open | High | Low | Close | Volume | |
| 1.36 | 1.36 | 1.36 | 1.36 | 1.00 | |
11/04/2024 | 1.36 | 1.36 | 1.36 | 1.36 | 1.00 |
| 1.36 | 1.36 | 1.36 | 1.36 | 1.00 |
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Assetbase Cpi Trading Date Momentum on November 4, 2024
| On November 05 2024 Assetbase Cpi 6 was traded for 1.36 at the closing time. The highest price during the trading period was 1.36 and the lowest recorded bid was listed for 1.36 . There was no trading activity during the period 1.0. Lack of trading volume on November 5, 2024 did not affect price variability. The overall trading delta to the current price is 1.47% . |
Price Boundaries
Assetbase Cpi Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Assetbase Cpi 6 cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Assetbase Cpi December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Assetbase Cpi fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Assetbase Cpi shares will generate the highest return on investment. By undertsting and applying Assetbase Cpi fund market strength indicators, traders can identify Assetbase Cpi 6 entry and exit signals to maximize returns
Assetbase Cpi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Assetbase Cpi's price direction in advance. Along with the technical and fundamental analysis of Assetbase Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Assetbase 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 | 0.1136 | |||
| Jensen Alpha | 0.0665 | |||
| Total Risk Alpha | 0.009 | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 2.61 |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
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