Bloomberg Commodity Index Price on October 10, 2024

BCOM Index   98.67  0.37  0.37%   
Below is the normalized historical share price chart for Bloomberg Commodity extending back to January 02, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bloomberg Commodity stands at 98.67, as last reported on the 15th of December 2024, with the highest price reaching 99.10 and the lowest price hitting 98.43 during the day.
 
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Covid
If you're considering investing in Bloomberg Index, it is important to understand the factors that can impact its price. Bloomberg Commodity secures Sharpe Ratio (or Efficiency) of 0.0436, which signifies that the index had a 0.0436% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Bloomberg Commodity, which you can use to evaluate the volatility of the entity.
Bloomberg Index price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0436

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Estimated Market Risk

 0.75
  actual daily
6
94% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Bloomberg Commodity is performing at about 3% 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 Bloomberg Commodity by adding it to a well-diversified portfolio.

Related Headline

European Wax Headline on 10th of October 2024

Filed transaction by European Wax Center Officer: See Remarks. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Bloomberg Commodity Valuation on October 10, 2024

It is possible to determine the worth of Bloomberg Commodity on a given historical date. On October 10, 2024 Bloomberg was worth 99.57 at the beginning of the trading date compared to the closed value of 100.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bloomberg Commodity index. Still, in general, we apply an absolute valuation method to find Bloomberg Commodity'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 Bloomberg Commodity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bloomberg Commodity's related companies.
 Open High Low Close Volume
  100.17    100.63    98.83    99.41    1.00  
10/10/2024
  99.57    100.63    99.50    100.55    1.00  
  100.82    101.24    100.50    100.81    1.00  
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Open Value
99.57
100.55
Closing Value
101.81
Upside

Bloomberg Commodity Trading Date Momentum on October 10, 2024

On October 11 2024 Bloomberg Commodity was traded for  100.81  at the closing time. The highest price during the trading period was 101.24  and the lowest recorded bid was listed for  100.50 . There was no trading activity during the period 1.0. Lack of trading volume on October 11, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.26% . The overall trading delta to the current price is 2.06% .

Price Boundaries

Bloomberg Commodity Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bloomberg Commodity cannot be verified against its exchange. Please verify the symbol is currently traded on INDX 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.

Bloomberg Commodity December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Bloomberg Commodity index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bloomberg Commodity shares will generate the highest return on investment. By undertsting and applying Bloomberg Commodity index market strength indicators, traders can identify Bloomberg Commodity entry and exit signals to maximize returns

Bloomberg Commodity Technical Drivers

Bloomberg Commodity December 15, 2024 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bloomberg Commodity's price direction in advance. Along with the technical and fundamental analysis of Bloomberg Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bloomberg 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 Performance0.0405
Mean Deviation0.5664
Semi Deviation0.8369
Downside Deviation0.8794
Coefficient Of Variation1803.73
Standard Deviation0.7485
Variance0.5603
Information Ratio(0.08)
Total Risk Alpha(0.06)
Sortino Ratio(0.07)
Maximum Drawdown3.31
Value At Risk(1.20)
Potential Upside1.18
Downside Variance0.7733
Semi Variance0.7004
Expected Short fall(0.52)
Skewness(0.49)
Kurtosis0.4004
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