Cboe Crude Oil Index Price on December 13, 2024

OVX Index   30.71  2.70  8.08%   
Below is the normalized historical share price chart for CBOE Crude Oil extending back to May 10, 2007. 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 CBOE Crude stands at 30.71, as last reported on the 18th of December 2024, with the highest price reaching 33.50 and the lowest price hitting 27.38 during the day.
 
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If you're considering investing in CBOE Index, it is important to understand the factors that can impact its price. CBOE Crude Oil secures Sharpe Ratio (or Efficiency) of 0.0152, which signifies that the index had a 0.0152% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for CBOE Crude Oil, which you can use to evaluate the volatility of the entity.
CBOE Index price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0152

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Estimated Market Risk

 7.27
  actual daily
64
64% of assets are less volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average CBOE Crude is performing at about 1% 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 CBOE Crude by adding it to a well-diversified portfolio.

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CBOE Crude Valuation on December 13, 2024

It is possible to determine the worth of CBOE Crude on a given historical date. On December 13, 2024 CBOE was worth 35.37 at the beginning of the trading date compared to the closed value of 34.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CBOE Crude index. Still, in general, we apply an absolute valuation method to find CBOE Crude'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 CBOE Crude where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CBOE Crude's related companies.
 Open High Low Close Volume
  29.54    34.60    28.46    33.64    1.00  
12/13/2024
  35.37    35.37    32.41    34.92    1.00  
  32.45    36.51    29.34    33.41    1.00  
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Open Value
35.37
34.92
Closing Value
57.18
Upside

CBOE Crude Trading Date Momentum on December 13, 2024

On December 16 2024 CBOE Crude Oil was traded for  33.41  at the closing time. The highest price during the trading period was 36.51  and the lowest recorded bid was listed for  29.34 . There was no trading activity during the period 1.0. Lack of trading volume on December 16, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 4.32% . The overall trading delta to the current price is 4.35% .

Price Boundaries

CBOE Crude Period Price Range

Low
December 18, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

CBOE Crude Oil 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.

CBOE Crude December 18, 2024 Market Strength

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

CBOE Crude Technical Drivers

CBOE Crude December 18, 2024 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CBOE Crude's price direction in advance. Along with the technical and fundamental analysis of CBOE Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of CBOE 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 Performance0.0157
Mean Deviation5.35
Semi Deviation6.75
Downside Deviation6.85
Coefficient Of Variation10792.39
Standard Deviation7.16
Variance51.29
Information Ratio(0.0002)
Total Risk Alpha(0.51)
Sortino Ratio(0.0002)
Maximum Drawdown35.38
Value At Risk(12.27)
Potential Upside13.5
Downside Variance46.95
Semi Variance45.5
Expected Short fall(5.76)
Skewness0.2143
Kurtosis0.509
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