Ci Galaxy Multi Crypto Etf Price on December 29, 2023

CMCX-B Etf   15.95  0.30  1.85%   
If you're considering investing in CMCX-B Etf, it is important to understand the factors that can impact its price. As of today, the current price of CI Galaxy stands at 15.95, as last reported on the 22nd of December, with the highest price reaching 15.95 and the lowest price hitting 15.89 during the day. CI Galaxy appears to be not too volatile, given 3 months investment horizon. CI Galaxy Multi retains Efficiency (Sharpe Ratio) of 0.19, which signifies that the etf had a 0.19% return per unit of price deviation over the last 3 months. By evaluating CI Galaxy's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of CI Galaxy's Market Risk Adjusted Performance of 0.6743, coefficient of variation of 526.7, and Standard Deviation of 3.03 to double-check if our risk estimates are consistent with your expectations.
  
CMCX-B Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1914

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Estimated Market Risk

 3.05
  actual daily
27
73% of assets are more volatile

Expected Return

 0.58
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
15
85% of assets perform better
Based on monthly moving average CI Galaxy is performing at about 15% 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 CI Galaxy by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

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CI Galaxy Valuation on December 29, 2023

It is possible to determine the worth of CI Galaxy on a given historical date. On December 29, 2023 CMCX-B was worth 10.24 at the beginning of the trading date compared to the closed value of 10.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CI Galaxy etf. Still, in general, we apply an absolute valuation method to find CI Galaxy'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 CI Galaxy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CI Galaxy's related companies.
 Open High Low Close Volume
  10.38    10.38    10.38    10.38    400.00  
12/29/2023
  10.24    10.24    10.24    10.24    1.00  
  10.62    10.62    10.62    10.62    100.00  
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Open Value
10.24
10.24
Closing Value
19.40
Upside

CI Galaxy Trading Date Momentum on December 29, 2023

On January 02 2024 CI Galaxy Multi Crypto was traded for  10.62  at the closing time. The highest price during the trading period was 10.62  and the lowest recorded bid was listed for  10.62 . The volume for the day was 100.0. This history from January 2, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 3.71% . The overall trading delta to the current price is 0.10% .

About CI Galaxy Etf history

CI Galaxy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CMCX-B is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CI Galaxy Multi will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CI Galaxy stock prices may prove useful in developing a viable investing in CI Galaxy

CI Galaxy Etf Technical Analysis

CI Galaxy technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of CI Galaxy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CI Galaxy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

CI Galaxy Period Price Range

Low
December 22, 2024
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High

 0.00 

     

 0.00 

CI Galaxy Multi Crypto cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

CI Galaxy December 22, 2024 Market Strength

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

CI Galaxy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CI Galaxy's price direction in advance. Along with the technical and fundamental analysis of CMCX-B Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of CMCX-B 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.

Other Information on Investing in CMCX-B Etf

CI Galaxy financial ratios help investors to determine whether CMCX-B Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CMCX-B with respect to the benefits of owning CI Galaxy security.