Satrix Resi (South Africa) Price on October 31, 2024
| STXRES Etf | 7,059 82.00 1.18% |
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 7,059, as last reported on the 26th of March, with the highest price reaching 7,092 and the lowest price hitting 6,900 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 0.24, which indicates the etf had a 0.24 % 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 Coefficient Of Variation of 473.54, risk adjusted performance of 0.1833, and Semi Deviation of 1.16 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.
Satrix |
Sharpe Ratio = 0.2416
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Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Satrix Resi is performing at about 19% 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 October 31, 2024
It is possible to determine the worth of Satrix Resi on a given historical date. On October 31, 2024 Satrix was worth 6393.09 at the beginning of the trading date compared to the closed value of 6201.3. 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 | |
| 6,600 | 6,600 | 6,433 | 6,433 | 8,176 | |
10/31/2024 | 6,393 | 6,419 | 6,201 | 6,201 | 2,258 |
| 6,215 | 6,340 | 6,194 | 6,241 | 70,931 |
| Backtest Satrix Resi | | | Satrix Resi History | Previous | Next |
Satrix Resi Trading Date Momentum on October 31, 2024
| On November 01 2024 Satrix Resi ETF was traded for 6,241 at the closing time. The highest price during the trading period was 6,340 and the lowest recorded bid was listed for 6,194 . The volume for the day was 70.9 K. This history from November 1, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.64% . The trading price change to the current price is 0.93% . |
Price Boundaries
Satrix Resi Period Price Range
Low | March 26, 2025
| High |
0.00 | 0.00 |
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 26, 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.