Coronation Balanced (South Africa) Price on November 11, 2024
| 0P0000IR5L | 161.54 0.04 0.02% |
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 Balanced stands at 161.54, as last reported on the 5th of January, with the highest price reaching 161.54 and the lowest price hitting 161.54 during the day. Coronation Balanced is very steady at the moment. Coronation Balanced Plus secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Coronation Balanced Plus, which you can use to evaluate the volatility of the entity. Please confirm Coronation Balanced's Downside Deviation of 0.4649, mean deviation of 0.3519, and Risk Adjusted Performance of 0.0823 to double-check if the risk estimate we provide is consistent with the expected return of 0.0501%.
Coronation Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Coronation |
Sharpe Ratio = 0.1113
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 0P0000IR5L |
Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Coronation Balanced is performing at about 8% 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 Balanced by adding it to a well-diversified portfolio.
Coronation Balanced Valuation on November 11, 2024
It is possible to determine the worth of Coronation Balanced on a given historical date. On November 11, 2024 Coronation was worth 158.64 at the beginning of the trading date compared to the closed value of 158.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Coronation Balanced fund. Still, in general, we apply an absolute valuation method to find Coronation Balanced'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 Balanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Coronation Balanced's related companies.
| Open | High | Low | Close | Volume | |
| 157.39 | 157.39 | 157.39 | 157.39 | 1.00 | |
11/11/2024 | 158.64 | 158.64 | 158.64 | 158.64 | 1.00 |
| 158.96 | 158.96 | 158.96 | 158.96 | 1.00 |
| Backtest Coronation Balanced | | | Coronation Balanced History | Previous | Next |
Coronation Balanced Trading Date Momentum on November 11, 2024
| On November 12 2024 Coronation Balanced Plus was traded for 158.96 at the closing time. The highest price during the trading period was 158.96 and the lowest recorded bid was listed for 158.96 . There was no trading activity during the period 1.0. Lack of trading volume on November 12, 2024 contributed to the next trading day price growth. The daily price change to the next closing price was 0.20% . The overall trading delta to the current price is 0.76% . |
Price Boundaries
Coronation Balanced Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Coronation Balanced Plus 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 Balanced January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Coronation Balanced 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 Balanced shares will generate the highest return on investment. By undertsting and applying Coronation Balanced fund market strength indicators, traders can identify Coronation Balanced Plus entry and exit signals to maximize returns
Coronation Balanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Coronation Balanced'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 | 0.0823 | |||
| Jensen Alpha | 0.0397 | |||
| Total Risk Alpha | 0.0332 | |||
| Sortino Ratio | 0.0597 | |||
| Treynor Ratio | 1.29 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |