Orange Juice Commodity Price on October 14, 2024
| OJUSX Commodity | 513.00 0.75 0.15% |
If you're considering investing in Orange Commodity, it is important to understand the factors that can impact its price. As of today, the current price of Orange Juice stands at 513.00, as last reported on the 28th of November, with the highest price reaching 525.75 and the lowest price hitting 504.25 during the day. At this stage we consider Orange Commodity to be very steady. Orange Juice maintains Sharpe Ratio (i.e., Efficiency) of 0.033, which implies the entity had a 0.033% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Orange Juice, which you can use to evaluate the volatility of the commodity. Please check Orange Juice's Semi Deviation of 2.52, risk adjusted performance of 0.0595, and Coefficient Of Variation of 1454.91 to confirm if the risk estimate we provide is consistent with the expected return of 0.0795%.
Orange Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.
Orange |
Sharpe Ratio = 0.033
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Estimated Market Risk
| 2.41 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Orange Juice is performing at about 2% 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 Orange Juice by adding it to a well-diversified portfolio.
Orange Juice Valuation on October 14, 2024
It is possible to determine the worth of Orange Juice on a given historical date. On October 14, 2024 Orange was worth 479.8 at the beginning of the trading date compared to the closed value of 495.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orange Juice commodity. Still, in general, we apply an absolute valuation method to find Orange Juice'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 Orange Juice where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orange Juice's related companies.
| Open | High | Low | Close | Volume | |
| 458.10 | 479.20 | 458.05 | 479.20 | 1,134 | |
10/14/2024 | 479.80 | 496.10 | 479.80 | 495.90 | 1,201 |
| 494.95 | 509.60 | 485.15 | 496.55 | 1,627 |
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Orange Juice Trading Date Momentum on October 14, 2024
| On October 15 2024 Orange Juice was traded for 496.55 at the closing time. The highest daily price throughout the period was 509.60 and the lowest price was 485.15 . The daily volume was 1.6 K. The net trading volume on 10/15/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.13% . The trading delta at closing time to current closing price is 3.21% . |
Price Boundaries
Orange Juice Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Orange Juice cannot be verified against its exchange. Please verify the symbol is currently traded on Commodity 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.
Orange Juice November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Orange Juice commodity reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orange Juice shares will generate the highest return on investment. By undertsting and applying Orange Juice commodity market strength indicators, traders can identify Orange Juice entry and exit signals to maximize returns
Orange Juice Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orange Juice's price direction in advance. Along with the technical and fundamental analysis of Orange Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orange 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.