Satrix MSCI (South Africa) Price on November 5, 2024
| STXEME Etf | 5,350 1.00 0.02% |
If you're considering investing in Satrix Etf, it is important to understand the factors that can impact its price. As of today, the current price of Satrix MSCI stands at 5,350, as last reported on the 5th of January, with the highest price reaching 5,550 and the lowest price hitting 5,340 during the day. Satrix MSCI EM owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0393, which indicates the etf had a -0.0393% return per unit of risk over the last 3 months. Satrix MSCI EM exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Satrix MSCI's Variance of 0.7333, coefficient of variation of (2,544), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
Satrix Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Satrix |
Sharpe Ratio = -0.0393
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| Negative Returns | STXEME |
Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Satrix MSCI 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 Satrix MSCI by adding Satrix MSCI to a well-diversified portfolio.
Satrix MSCI Valuation on November 5, 2024
It is possible to determine the worth of Satrix MSCI on a given historical date. On November 5, 2024 Satrix was worth 4979.0 at the beginning of the trading date compared to the closed value of 5240.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Satrix MSCI etf. Still, in general, we apply an absolute valuation method to find Satrix MSCI'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 Satrix MSCI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Satrix MSCI's related companies.
| Open | High | Low | Close | Volume | |
| 5,276 | 5,276 | 5,181 | 5,238 | 888.00 | |
11/05/2024 | 4,979 | 5,297 | 4,979 | 5,240 | 1,228 |
| 5,206 | 5,229 | 5,206 | 5,229 | 1.00 |
| Backtest Satrix MSCI | | | Satrix MSCI History | Previous | Next |
Satrix MSCI Trading Date Momentum on November 5, 2024
| On November 06 2024 Satrix MSCI EM was traded for 5,229 at the closing time. The highest price during the trading period was 5,229 and the lowest recorded bid was listed for 5,206 . There was no trading activity during the period 1.0. Lack of trading volume on November 6, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.21% . The trading price change to the current price is 1.32% . |
Price Boundaries
Satrix MSCI Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Satrix MSCI EM cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Satrix MSCI January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Satrix MSCI etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Satrix MSCI shares will generate the highest return on investment. By undertsting and applying Satrix MSCI etf market strength indicators, traders can identify Satrix MSCI EM entry and exit signals to maximize returns
Satrix MSCI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Satrix MSCI's price direction in advance. Along with the technical and fundamental analysis of Satrix Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Satrix 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.