Cotton Commodity Price on September 18, 2024
| CTUSX Commodity | 71.49 0.44 0.61% |
If you're considering investing in Cotton Commodity, it is important to understand the factors that can impact its price. As of today, the current price of Cotton stands at 71.49, as last reported on the 2nd of December, with the highest price reaching 72.06 and the lowest price hitting 70.38 during the day. At this stage we consider Cotton Commodity to be very steady. Cotton secures Sharpe Ratio (or Efficiency) of 0.0233, which signifies that the commodity had a 0.0233% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cotton, which you can use to evaluate the volatility of the entity. Please confirm Cotton's Downside Deviation of 1.11, mean deviation of 0.9632, and Risk Adjusted Performance of 0.0337 to double-check if the risk estimate we provide is consistent with the expected return of 0.0291%.
Cotton Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.
Cotton |
Sharpe Ratio = 0.0233
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| Negative Returns | CTUSX |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Cotton 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 Cotton by adding it to a well-diversified portfolio.
Cotton Valuation on September 18, 2024
It is possible to determine the worth of Cotton on a given historical date. On September 18, 2024 Cotton was worth 72.25 at the beginning of the trading date compared to the closed value of 71.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cotton commodity. Still, in general, we apply an absolute valuation method to find Cotton'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 Cotton where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cotton's related companies.
| Open | High | Low | Close | Volume | |
| 72.85 | 72.99 | 71.51 | 72.16 | 25,927 | |
09/18/2024 | 72.25 | 72.57 | 70.20 | 71.27 | 27,628 |
| 71.27 | 73.55 | 70.63 | 73.03 | 30,472 |
| Backtest Cotton | | | Cotton History | Previous | Next |
Cotton Trading Date Momentum on September 18, 2024
| On September 19 2024 Cotton was traded for 73.03 at the closing time. The highest daily price throughout the period was 73.55 and the lowest price was 70.63 . The daily volume was 30.5 K. The net trading volume on 09/19/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 2.47% . The overall trading delta to current closing price is 2.39% . |
Price Boundaries
Cotton Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Cotton cannot be verified against its exchange. Please verify the symbol is currently traded on Commodity 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.
Cotton December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Cotton commodity reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cotton shares will generate the highest return on investment. By undertsting and applying Cotton commodity market strength indicators, traders can identify Cotton entry and exit signals to maximize returns
Cotton Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cotton's price direction in advance. Along with the technical and fundamental analysis of Cotton Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cotton 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.