Us Dollar Currency Index Price on November 1, 2024
| DXY Index | 109.01 0.47 0.43% |
If you're considering investing in DXY Index, it is important to understand the factors that can impact its price. As of today, the current price of US Dollar stands at 109.01, as last reported on the 9th of January, with the highest price reaching 109.38 and the lowest price hitting 108.55 during the day. US Dollar Currency retains Efficiency (Sharpe Ratio) of 0.22, which indicates the index had a 0.22% return per unit of price deviation over the last 3 months. We have found twenty-six technical indicators for US Dollar, which you can use to evaluate the volatility of the index. DXY Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.216
| Best Portfolio | Best Equity | |||
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| Cash | DXY | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average US Dollar is performing at about 17% 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 US Dollar by adding it to a well-diversified portfolio.
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US Dollar Valuation on November 1, 2024
It is possible to determine the worth of US Dollar on a given historical date. On November 1, 2024 DXY was worth 103.86 at the beginning of the trading date compared to the closed value of 104.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of US Dollar index. Still, in general, we apply an absolute valuation method to find US Dollar'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 US Dollar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against US Dollar's related companies.
| Open | High | Low | Close | Volume | |
| 104.09 | 104.22 | 103.82 | 103.98 | 1.00 | |
11/01/2024 | 103.86 | 104.35 | 103.68 | 104.28 | 1.00 |
| 103.97 | 103.97 | 103.58 | 103.89 | 1.00 |
| Backtest US Dollar | | | US Dollar History | Previous | Next |
US Dollar Trading Date Momentum on November 1, 2024
| On November 04 2024 US Dollar Currency was traded for 103.89 at the closing time. The highest price during the trading period was 103.97 and the lowest recorded bid was listed for 103.58 . There was no trading activity during the period 1.0. Lack of trading volume on November 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.37% . The trading price change to the current price is 0.64% . |
Price Boundaries
US Dollar Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
US Dollar Currency cannot be verified against its exchange. Please verify the symbol is currently traded on INDX 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.
US Dollar January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how US Dollar index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading US Dollar shares will generate the highest return on investment. By undertsting and applying US Dollar index market strength indicators, traders can identify US Dollar Currency entry and exit signals to maximize returns
US Dollar Technical Drivers
US Dollar January 9, 2025 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for US Dollar's price direction in advance. Along with the technical and fundamental analysis of DXY Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of DXY 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 | 0.1635 | |||
| Mean Deviation | 0.3181 | |||
| Semi Deviation | 0.1924 | |||
| Downside Deviation | 0.4449 | |||
| Coefficient Of Variation | 463.05 | |||
| Standard Deviation | 0.4291 | |||
| Variance | 0.1841 | |||
| Information Ratio | 0.1518 | |||
| Total Risk Alpha | 0.0732 | |||
| Sortino Ratio | 0.1464 | |||
| Maximum Drawdown | 2.48 | |||
| Value At Risk | (0.63) | |||
| Potential Upside | 0.6715 | |||
| Downside Variance | 0.1979 | |||
| Semi Variance | 0.037 | |||
| Expected Short fall | (0.34) | |||
| Skewness | 0.369 | |||
| Kurtosis | 1.77 |
| Cycle Indicators | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |