Soybean Meal Futures Commodity Price History

ZMUSD Commodity   297.20  2.80  0.95%   
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 Meal stands at 297.20, as last reported on the 19th of January, with the highest price reaching 299.30 and the lowest price hitting 294.10 during the day. Soybean Meal Futures owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0665, which indicates the commodity had a -0.0665% return per unit of risk over the last 3 months. Soybean Meal Futures exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Soybean Meal's Variance of 2.14, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,354) to confirm the risk estimate we provide.
  
Soybean Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0665

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Estimated Market Risk

 1.48
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Soybean Meal 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 Soybean Meal by adding Soybean Meal to a well-diversified portfolio.

Soybean Meal Commodity Price History Chart

There are several ways to analyze Soybean Meal price data. The simplest method is using a basic Soybean candlestick price chart, which shows Soybean Meal 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 PriceJanuary 3, 2025319.9
Lowest PriceDecember 18, 2024286.1

Soybean Meal January 19, 2025 Commodity Price Synopsis

Various analyses of Soybean Meal'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 Meal 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 Meal Price Rate Of Daily Change 1.01 
Soybean Meal Price Action Indicator 1.90 
Soybean Meal Price Daily Balance Of Power 0.54 

Soybean Meal January 19, 2025 Commodity Price Analysis

When benchmark price declines in a down market, there may be an uptick in Soybean Meal 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 Meal intraday prices and daily technical indicators to check the level of noise trading in Soybean Meal and then apply it to test your longer-term investment strategies against Soybean.

Soybean Commodity Price History Data

OpenHighLowCloseVolume
01/19/2025
 295.50  299.30  294.10  297.20 
01/17/2025 295.50  299.30  294.10  297.20  57,339 
01/16/2025 301.80  302.00  293.50  294.40  79,629 
01/15/2025 305.50  309.30  301.40  302.00  54,160 
01/14/2025 308.00  309.50  304.40  305.80  63,869 
01/13/2025 298.50  308.00  297.50  307.80  73,631 
01/10/2025 298.80  305.00  295.10  298.30  96,120 
01/09/2025 301.00  302.00  298.10  299.30  50,727 
01/08/2025 303.50  303.70  298.30  300.80  65,694 
01/07/2025 307.10  307.30  300.10  303.50  90,159 
01/06/2025 310.00  314.40  306.30  307.30  62,154 
01/03/2025 317.50  321.60  314.90  319.90  82,302 
01/02/2025 307.20  312.40  305.90  310.90  72,492 
12/31/2024 312.00  318.30  312.00  316.90  65,318 
12/30/2024 312.00  317.70  310.00  311.80  81,553 
12/27/2024 304.60  315.40  303.40  314.90  113,819 
12/26/2024 295.00  306.50  294.60  305.70  113,819 
12/24/2024 298.20  302.30  297.10  301.60  43,172 
12/23/2024 303.00  306.60  297.60  298.00  93,432 
12/20/2024 290.80  303.00  290.10  302.20  99,476 
12/19/2024 286.10  291.90  285.10  291.00  70,771 
12/18/2024 294.00  294.00  285.90  286.10  67,904 
12/17/2024 293.40  295.00  290.60  293.60  68,701 
12/16/2024 286.20  291.20  286.10  286.90  62,418 
12/13/2024 289.50  289.70  285.50  286.20  54,947 
12/12/2024 291.10  292.00  287.60  289.50  58,975 
12/11/2024 291.90  293.10  290.20  291.10  75,927 
12/10/2024 289.10  293.90  288.60  292.00  69,276 
12/09/2024 287.40  293.20  287.40  289.60  60,190 
12/06/2024 291.00  291.00  285.60  287.40  63,671 
12/05/2024 292.00  293.00  290.20  291.10  44,816 
12/04/2024 290.10  293.00  288.90  291.90  49,403 
12/03/2024 287.90  292.70  287.90  290.40  68,665 
12/02/2024 292.20  293.70  287.10  287.90  70,698 
11/29/2024 289.80  289.80  286.10  287.10  48,293 
11/27/2024 291.40  298.60  291.10  295.40  86,874 
11/26/2024 295.00  295.70  290.60  291.40  98,416 
11/25/2024 291.60  299.50  291.60  295.90  90,353 
11/22/2024 289.90  292.30  288.90  291.50  68,082 
11/21/2024 291.70  292.70  288.70  289.40  50,244 
11/20/2024 290.70  292.70  288.90  291.30  54,048 
11/19/2024 292.10  294.70  289.50  290.40  59,906 
11/18/2024 291.50  293.30  289.20  292.10  71,263 
11/15/2024 290.00  291.40  287.00  290.80  59,032 
11/14/2024 291.60  291.80  285.90  287.00  69,085 
11/13/2024 293.00  293.90  289.80  291.60  66,688 
11/12/2024 295.30  296.90  291.30  292.90  62,244 
11/11/2024 297.40  302.20  294.50  295.10  61,278 
11/08/2024 298.60  302.60  295.00  296.20  77,335 
11/07/2024 298.40  303.00  295.00  298.50  57,026 
11/06/2024 299.00  299.10  293.10  298.40  51,597 
11/05/2024 299.60  300.50  297.00  299.50  47,542 
11/04/2024 295.30  302.50  294.90  299.60  79,638 
11/01/2024 299.60  301.00  293.80  295.30  68,232 
10/31/2024 301.50  302.70  298.90  299.50  67,973 
10/30/2024 301.70  304.00  300.50  301.60  52,054 
10/29/2024 305.40  306.60  301.00  301.80  49,056 
10/28/2024 305.80  307.40  302.70  304.80  60,325 
10/25/2024 311.40  311.40  305.00  305.80  76,371 
10/24/2024 314.50  317.40  310.10  310.40  74,393 
10/23/2024 318.00  320.10  314.10  315.00  61,750 

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Soybean Meal Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Soybean Meal'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.