Soybean Oil Futures Commodity Price History

Commodities . USA . 
Commodity . Soybean Oil Futures
ZLUSX Commodity   41.74  0.82  2.00%   
If you're considering investing in Soybean Commodity, it is important to understand the factors that can impact its price. As of today, the current price of Soybean Oil stands at 41.74, as last reported on the 1st of December, with the highest price reaching 42.44 and the lowest price hitting 41.28 during the day. At this stage we consider Soybean Commodity to be very steady. Soybean Oil Futures owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0238, which indicates the commodity had a 0.0238% return per unit of risk over the last 3 months. We have found thirty technical indicators for Soybean Oil Futures, which you can use to evaluate the volatility of the commodity. Please validate Soybean Oil's Semi Deviation of 2.17, risk adjusted performance of 0.0096, and Coefficient Of Variation of 24283.29 to confirm if the risk estimate we provide is consistent with the expected return of 0.0511%.
  
Soybean Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0238

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Estimated Market Risk

 2.15
  actual daily
19
81% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Soybean Oil is performing at about 1% 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 Soybean Oil by adding it to a well-diversified portfolio.

Soybean Oil Commodity Price History Chart

There are several ways to analyze Soybean Oil price data. The simplest method is using a basic Soybean candlestick price chart, which shows Soybean Oil price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 8, 202448.77
Lowest PriceSeptember 13, 202438.93

Soybean Oil December 1, 2024 Commodity Price Synopsis

Various analyses of Soybean Oil's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Soybean Commodity. It can be used to describe the percentage change in the price of Soybean Oil from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Soybean Commodity.
Soybean Oil Price Action Indicator 0.29 
Soybean Oil Price Daily Balance Of Power 0.71 
Soybean Oil Price Rate Of Daily Change 1.02 

Soybean Oil December 1, 2024 Commodity Price Analysis

When benchmark price declines in a down market, there may be an uptick in Soybean Oil price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Soybean Oil intraday prices and daily technical indicators to check the level of noise trading in Soybean Oil and then apply it to test your longer-term investment strategies against Soybean.

Soybean Commodity Price History Data

OpenHighLowCloseVolume
12/01/2024
 42.71  42.44  41.28  41.74 
11/29/2024 42.71  42.44  41.28  41.74  59,469 
11/27/2024 42.71  42.98  40.72  40.92  113,370 
11/26/2024 41.41  42.94  41.27  42.71  113,105 
11/25/2024 41.96  42.45  40.64  41.33  103,394 
11/22/2024 42.27  42.62  41.51  41.84  91,705 
11/21/2024 43.46  43.87  42.02  42.28  96,037 
11/20/2024 44.91  45.12  43.20  43.36  90,169 
11/19/2024 45.62  46.06  44.78  44.84  61,375 
11/18/2024 45.43  45.81  44.37  45.52  91,032 
11/15/2024 44.63  46.30  44.47  45.35  85,109 
11/14/2024 45.21  45.81  44.33  44.44  100,190 
11/13/2024 46.23  46.33  44.66  45.18  96,982 
11/12/2024 48.14  48.26  45.82  46.23  88,137 
11/11/2024 48.77  49.16  47.58  48.14  67,893 
11/08/2024 48.32  49.05  47.71  48.77  94,602 
11/07/2024 46.40  48.41  45.92  48.32  101,600 
11/06/2024 45.00  46.90  44.34  46.34  95,548 
11/05/2024 45.58  45.93  44.81  44.99  85,873 
11/04/2024 46.59  46.80  44.98  45.56  108,355 
11/01/2024 45.42  46.65  45.41  46.30  97,447 
10/31/2024 43.87  45.44  43.60  45.14  81,944 
10/30/2024 42.89  44.24  42.64  43.81  66,624 
10/29/2024 42.70  43.49  42.60  42.80  50,089 
10/28/2024 43.74  43.75  42.47  42.69  88,193 
10/25/2024 44.33  44.77  43.81  44.15  59,481 
10/24/2024 43.40  45.10  43.38  44.33  84,639 
10/23/2024 43.83  43.99  43.16  43.39  77,030 
10/22/2024 42.38  43.91  42.26  43.69  72,897 
10/21/2024 41.82  42.55  41.68  42.39  56,586 
10/18/2024 42.48  43.16  41.60  41.82  64,775 
10/17/2024 41.68  42.68  41.51  42.59  72,314 
10/16/2024 42.45  43.01  41.65  41.68  69,389 
10/15/2024 41.91  42.67  41.36  42.45  86,954 
10/14/2024 43.15  43.24  41.78  41.90  70,863 
10/11/2024 43.79  44.30  43.15  43.33  52,945 
10/10/2024 43.11  43.98  42.74  43.76  60,791 
10/09/2024 43.10  43.58  42.34  43.06  64,471 
10/08/2024 44.64  44.91  42.53  43.09  83,739 
10/07/2024 43.91  44.81  43.17  44.57  65,935 
10/04/2024 44.56  45.29  43.89  43.97  78,392 
10/03/2024 43.73  44.99  43.30  44.53  83,263 
10/02/2024 42.91  44.28  42.80  43.64  78,137 
10/01/2024 43.18  44.10  42.33  42.91  102,507 
09/30/2024 42.41  43.47  41.92  43.31  71,469 
09/27/2024 42.90  43.14  42.03  42.36  99,832 
09/26/2024 44.11  44.86  42.78  42.90  117,565 
09/25/2024 43.40  44.43  43.06  44.15  120,745 
09/24/2024 41.84  43.44  41.54  43.34  103,435 
09/23/2024 41.31  42.77  41.26  41.84  102,324 
09/20/2024 40.93  41.50  40.58  41.36  62,641 
09/19/2024 40.31  41.19  40.01  40.93  80,656 
09/18/2024 39.92  40.84  39.87  40.31  55,719 
09/17/2024 39.11  40.10  39.10  39.88  52,288 
09/16/2024 38.93  39.53  38.64  39.11  56,520 
09/13/2024 39.83  40.24  38.74  38.93  59,663 
09/12/2024 39.35  40.05  39.13  39.79  62,922 
09/11/2024 39.61  40.33  39.06  39.30  65,401 
09/10/2024 40.50  40.67  39.48  39.63  65,401 
09/09/2024 39.63  40.57  39.62  40.48  57,613 
09/06/2024 41.14  41.16  39.56  39.63  72,537 

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Soybean Oil Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Soybean Oil's price direction in advance. Along with the technical and fundamental analysis of Soybean Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of Soybean 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 Performance0.0096
Jensen Alpha0.0014
Total Risk Alpha(0.36)
Sortino Ratio(0.06)
Treynor Ratio0.057
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