Cotton Commodity Price on September 26, 2024
| CTUSX Commodity | 65.33 1.27 1.91% |
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 65.33, as last reported on the 1st of March, with the highest price reaching 66.66 and the lowest price hitting 65.18 during the day. Cotton secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the commodity had a -0.15 % return per unit of risk over the last 3 months. Cotton exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cotton's Standard Deviation of 1.01, risk adjusted performance of (0.1), and Mean Deviation of 0.7304 to double-check the risk estimate we provide.
Cotton Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.
Cotton |
Sharpe Ratio = -0.1499
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CTUSX |
Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cotton 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 Cotton by adding Cotton to a well-diversified portfolio.
Cotton Valuation on September 26, 2024
It is possible to determine the worth of Cotton on a given historical date. On September 26, 2024 Cotton was worth 73.29 at the beginning of the trading date compared to the closed value of 73.02. 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 | |
| 74.09 | 74.30 | 72.87 | 73.20 | 18,152 | |
09/26/2024 | 73.29 | 74.20 | 72.60 | 73.02 | 21,439 |
| 73.07 | 73.95 | 71.68 | 72.72 | 23,149 |
| Backtest Cotton | | | Cotton History | Previous | Next |
Cotton Trading Date Momentum on September 26, 2024
| On September 27 2024 Cotton was traded for 72.72 at the closing time. The highest daily price throughout the period was 73.95 and the lowest price was 71.68 . The daily volume was 23.1 K. The net trading volume on 09/27/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.41% . The overall trading delta to current closing price is 0.03% . |
Price Boundaries
Cotton Period Price Range
Low | March 1, 2025
| 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 March 1, 2025 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.