Satrix MSCI (South Africa) Price on November 15, 2024
| STXWDM Etf | 9,863 36.00 0.36% |
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 9,863, as last reported on the 11th of December 2024, with the highest price reaching 9,928 and the lowest price hitting 9,780 during the day. At this point, Satrix MSCI is very steady. Satrix MSCI World owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Satrix MSCI World, which you can use to evaluate the volatility of the etf. Please validate Satrix MSCI's Risk Adjusted Performance of 0.1003, coefficient of variation of 734.32, and Semi Deviation of 0.5411 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Satrix Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Satrix |
Sharpe Ratio = 0.1268
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | STXWDM | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Satrix MSCI is performing at about 9% 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 MSCI by adding it to a well-diversified portfolio.
Satrix MSCI Valuation on November 15, 2024
It is possible to determine the worth of Satrix MSCI on a given historical date. On November 15, 2024 Satrix was worth 9927.0 at the beginning of the trading date compared to the closed value of 9810.0. 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 | |
| 9,995 | 10,039 | 9,709 | 9,910 | 145,439 | |
11/15/2024 | 9,927 | 9,927 | 9,770 | 9,810 | 162,196 |
| 9,797 | 9,889 | 9,630 | 9,679 | 518,016 |
| Backtest Satrix MSCI | | | Satrix MSCI History | Previous | Next |
Satrix MSCI Trading Date Momentum on November 15, 2024
| On November 18 2024 Satrix MSCI World was traded for 9,679 at the closing time. The highest price during the trading period was 9,889 and the lowest recorded bid was listed for 9,630 . The volume for the day was 518 K. This history from November 18, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.34% . The trading price change to the current price is 0.89% . |
Price Boundaries
Satrix MSCI Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Satrix MSCI World 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 December 11, 2024 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 World 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.