Satrix Resi (South Africa) Price on January 8, 2025

STXRES Etf   6,977  198.00  2.76%   
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 Resi stands at 6,977, as last reported on the 25th of March, with the highest price reaching 7,220 and the lowest price hitting 6,963 during the day. Satrix Resi appears to be very steady, given 3 months investment horizon. Satrix Resi ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the etf had a 0.23 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Satrix Resi ETF, which you can use to evaluate the volatility of the etf. Please review Satrix Resi's Semi Deviation of 1.17, coefficient of variation of 507.41, and Risk Adjusted Performance of 0.1826 to confirm if our risk estimates are consistent with your expectations.
  
Satrix Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2328

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Estimated Market Risk

 1.76
  actual daily
15
85% of assets are more volatile

Expected Return

 0.41
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
18
82% of assets perform better
Based on monthly moving average Satrix Resi is performing at about 18% 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 Satrix Resi by adding it to a well-diversified portfolio.

Satrix Resi Valuation on January 8, 2025

It is possible to determine the worth of Satrix Resi on a given historical date. On January 8, 2025 Satrix was worth 5708.83 at the beginning of the trading date compared to the closed value of 5736.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Satrix Resi etf. Still, in general, we apply an absolute valuation method to find Satrix Resi'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 Resi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Satrix Resi's related companies.
 Open High Low Close Volume
  5,620    5,753    5,589    5,719    97,980  
01/08/2025
  5,709    5,811    5,702    5,737    607,178  
  5,744    5,993    5,744    5,955    103,521  
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Open Value
5708.83
5736.8
Closing Value
5,714
Upside

Satrix Resi Trading Date Momentum on January 8, 2025

On January 09 2025 Satrix Resi ETF was traded for  5,955  at the closing time. The highest price during the trading period was 5,993  and the lowest recorded bid was listed for  5,744 . The volume for the day was 103.5 K. This history from January 9, 2025 contributed to the next trading day price jump. The trading price change to the next closing price was 3.80% . The trading price change to the current price is 8.07% .

Price Boundaries

Satrix Resi Period Price Range

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Satrix Resi ETF 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 Resi March 25, 2025 Market Strength

Market strength indicators help investors to evaluate how Satrix Resi 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 Resi shares will generate the highest return on investment. By undertsting and applying Satrix Resi etf market strength indicators, traders can identify Satrix Resi ETF entry and exit signals to maximize returns

Satrix Resi Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Satrix Resi'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.