Coronation Financial (South Africa) Price on November 28, 2024
| 0P00017RIY | 74.37 0.18 0.24% |
If you're considering investing in Coronation Fund, it is important to understand the factors that can impact its price. As of today, the current price of Coronation Financial stands at 74.37, as last reported on the 4th of December, with the highest price reaching 74.37 and the lowest price hitting 74.37 during the day. At this point, Coronation Financial is very steady. Coronation Financial secures Sharpe Ratio (or Efficiency) of 0.0661, which signifies that the fund had a 0.0661% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Coronation Financial, which you can use to evaluate the volatility of the entity. Please confirm Coronation Financial's Mean Deviation of 0.6196, downside deviation of 0.7835, and Risk Adjusted Performance of 0.041 to double-check if the risk estimate we provide is consistent with the expected return of 0.0519%.
Coronation Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Coronation |
Sharpe Ratio = 0.0661
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Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Coronation Financial is performing at about 5% 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 Coronation Financial by adding it to a well-diversified portfolio.
Coronation Financial Valuation on November 28, 2024
It is possible to determine the worth of Coronation Financial on a given historical date. On November 28, 2024 Coronation was worth 74.51 at the beginning of the trading date compared to the closed value of 74.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Coronation Financial fund. Still, in general, we apply an absolute valuation method to find Coronation Financial'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 Coronation Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Coronation Financial's related companies.
| Open | High | Low | Close | Volume | |
| 74.87 | 74.87 | 74.87 | 74.87 | 1.00 | |
11/28/2024 | 74.51 | 74.51 | 74.51 | 74.51 | 1.00 |
| 74.09 | 74.09 | 74.09 | 74.09 | 1.00 |
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Coronation Financial Trading Date Momentum on November 28, 2024
| On November 29 2024 Coronation Financial was traded for 74.09 at the closing time. The highest price during the trading period was 74.09 and the lowest recorded bid was listed for 74.09 . There was no trading activity during the period 1.0. Lack of trading volume on November 29, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.56% . The overall trading delta to the current price is 0.19% . |
Price Boundaries
Coronation Financial Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Coronation Financial 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.
Coronation Financial December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Coronation Financial fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Coronation Financial shares will generate the highest return on investment. By undertsting and applying Coronation Financial fund market strength indicators, traders can identify Coronation Financial entry and exit signals to maximize returns
Coronation Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Coronation Financial's price direction in advance. Along with the technical and fundamental analysis of Coronation Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Coronation 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 | 0.041 | |||
| Jensen Alpha | 0.0179 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.2391 |
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| Volatility Indicators | ||
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