Coronation Property (South Africa) Price on December 17, 2024
| 0P000161AC | 39.32 0.04 0.10% |
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 Property stands at 39.32, as last reported on the 21st of January, with the highest price reaching 39.32 and the lowest price hitting 39.32 during the day. Coronation Property secures Sharpe Ratio (or Efficiency) of -0.0846, which signifies that the fund had a -0.0846 % return per unit of risk over the last 3 months. Coronation Property Equity exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Coronation Property's Mean Deviation of 0.6216, standard deviation of 0.8467, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide.
Coronation Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Coronation |
Sharpe Ratio = -0.0846
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| Negative Returns | 0P000161AC |
Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Coronation Property is not performing at its full potential. However, 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 Property by adding Coronation Property to a well-diversified portfolio.
Coronation Property Valuation on December 17, 2024
It is possible to determine the worth of Coronation Property on a given historical date. On December 17, 2024 Coronation was worth 41.93 at the beginning of the trading date compared to the closed value of 41.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Coronation Property fund. Still, in general, we apply an absolute valuation method to find Coronation Property'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 Property where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Coronation Property's related companies.
| Open | High | Low | Close | Volume | |
| 42.23 | 42.23 | 42.23 | 42.23 | 1.00 | |
12/17/2024 | 41.93 | 41.93 | 41.93 | 41.93 | 1.00 |
| 41.86 | 41.86 | 41.86 | 41.86 | 1.00 |
| Backtest Coronation Property | | | Coronation Property History | Previous | Next |
Coronation Property Trading Date Momentum on December 17, 2024
| On December 18 2024 Coronation Property Equity was traded for 41.86 at the closing time. The highest price during the trading period was 41.86 and the lowest recorded bid was listed for 41.86 . 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 0.17% . The overall trading delta to the current price is 1.07% . |
Price Boundaries
Coronation Property Period Price Range
Low | January 21, 2025
| High |
0.00 | 0.00 |
Coronation Property Equity 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 Property January 21, 2025 Market Strength
Market strength indicators help investors to evaluate how Coronation Property 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 Property shares will generate the highest return on investment. By undertsting and applying Coronation Property fund market strength indicators, traders can identify Coronation Property Equity entry and exit signals to maximize returns
Coronation Property Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Coronation Property'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 | (0.08) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 5.1 |
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| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |