Coronation Industrial (South Africa) Price on December 17, 2024
| 0P0000IR56 | 291.17 1.63 0.56% |
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 Industrial stands at 291.17, as last reported on the 7th of January, with the highest price reaching 291.17 and the lowest price hitting 291.17 during the day. Coronation Industrial is very steady at the moment. Coronation Industrial secures Sharpe Ratio (or Efficiency) of 0.026, which signifies that the fund had a 0.026% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Coronation Industrial, which you can use to evaluate the volatility of the entity. Please confirm Coronation Industrial's Standard Deviation of 0.6572, mean deviation of 0.486, and Risk Adjusted Performance of (0.04) to double-check if the risk estimate we provide is consistent with the expected return of 0.0162%.
Coronation Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Coronation |
Sharpe Ratio = 0.026
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 0P0000IR56 |
Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Coronation Industrial 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 Coronation Industrial by adding it to a well-diversified portfolio.
Coronation Industrial Valuation on December 17, 2024
It is possible to determine the worth of Coronation Industrial on a given historical date. On December 17, 2024 Coronation was worth 296.24 at the beginning of the trading date compared to the closed value of 296.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Coronation Industrial fund. Still, in general, we apply an absolute valuation method to find Coronation Industrial'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 Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Coronation Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 299.08 | 299.08 | 299.08 | 299.08 | 1.00 | |
12/17/2024 | 296.24 | 296.24 | 296.24 | 296.24 | 1.00 |
| 295.54 | 295.54 | 295.54 | 295.54 | 1.00 |
| Backtest Coronation Industrial | | | Coronation Industrial History | Previous | Next |
Coronation Industrial Trading Date Momentum on December 17, 2024
| On December 18 2024 Coronation Industrial was traded for 295.54 at the closing time. The highest price during the trading period was 295.54 and the lowest recorded bid was listed for 295.54 . There was no trading activity during the period 1.0. Lack of trading volume on December 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.24% . The overall trading delta to the current price is 0.71% . |
Price Boundaries
Coronation Industrial Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Coronation Industrial 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 Industrial January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Coronation Industrial 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 Industrial shares will generate the highest return on investment. By undertsting and applying Coronation Industrial fund market strength indicators, traders can identify Coronation Industrial entry and exit signals to maximize returns
Coronation Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Coronation Industrial'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 | (0.04) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.6261 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |