Class Iii Milk Commodity Price on November 11, 2024
| DCUSD Commodity | 20.11 1.29 6.85% |
If you're considering investing in Class Commodity, it is important to understand the factors that can impact its price. As of today, the current price of Class III stands at 20.11, as last reported on the 12th of December 2024, with the highest price reaching 20.12 and the lowest price hitting 19.33 during the day. Class III Milk secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the commodity had a -0.14% return per unit of standard deviation over the last 3 months. Class III Milk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Class III's mean deviation of 0.8946, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide.
Class Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.
Class |
Sharpe Ratio = -0.1426
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DCUSD |
Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Class III 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 Class III by adding Class III to a well-diversified portfolio.
Class III Valuation on November 11, 2024
It is possible to determine the worth of Class III on a given historical date. On November 11, 2024 Class was worth 19.98 at the beginning of the trading date compared to the closed value of 19.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Class III commodity. Still, in general, we apply an absolute valuation method to find Class III'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 Class III where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Class III's related companies.
| Open | High | Low | Close | Volume | |
| 20.16 | 20.17 | 19.97 | 20.03 | 641.00 | |
11/11/2024 | 19.98 | 20.12 | 19.95 | 19.97 | 96.00 |
| 19.95 | 20.04 | 19.93 | 20.02 | 118.00 |
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Class III Trading Date Momentum on November 11, 2024
| On November 12 2024 Class III Milk was traded for 20.02 at the closing time. The highest daily price throughout the period was 20.04 and the lowest price was 19.93 . The daily volume was 118. The net trading volume on 11/12/2024 added to the next day price growth. The overall trading delta to closing price of the next trading day was 0.25% . The overall trading delta to current closing price is 0.40% . |
Price Boundaries
Class III Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Class III Milk 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.
Class III December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Class III commodity reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Class III shares will generate the highest return on investment. By undertsting and applying Class III commodity market strength indicators, traders can identify Class III Milk entry and exit signals to maximize returns
Class III Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Class III's price direction in advance. Along with the technical and fundamental analysis of Class Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of Class 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.