Dow Jones Mid-cap Index Price on February 2, 2023
| DJUSM Index | 1,697 9.27 0.55% |
If you're considering investing in Dow Index, it is important to understand the factors that can impact its price. As of today, the current price of Dow Jones stands at 1,697, as last reported on the 7th of May, with the highest price reaching 1,705 and the lowest price hitting 1,690 during the day. Dow Jones Mid-Cap secures Sharpe Ratio (or Efficiency) of 0.0798, which denotes the index had a 0.0798% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Dow Jones Mid-Cap, which you can use to evaluate the volatility of the entity. Dow Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.0798
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Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Dow Jones is performing at about 6% 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 Dow Jones by adding it to a well-diversified portfolio.
Dow Jones Valuation on February 2, 2023
It is possible to determine the worth of Dow Jones on a given historical date. On February 2, 2023 Dow was worth 1538.85 at the beginning of the trading date compared to the closed value of 1545.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dow Jones index. Still, in general, we apply an absolute valuation method to find Dow Jones' 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 Dow Jones where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dow Jones' related companies.
| Open | High | Low | Close | Volume | |
| 1,510 | 1,539 | 1,499 | 1,529 | 1.00 | |
02/02/2023 | 1,539 | 1,552 | 1,534 | 1,545 | 1.00 |
| 1,532 | 1,539 | 1,521 | 1,525 | 1.00 |
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Dow Jones Trading Date Momentum on February 2, 2023
| On February 03 2023 Dow Jones Mid-Cap was traded for 1,525 at the closing time. The highest price during the trading period was 1,539 and the lowest recorded bid was listed for 1,521 . There was no trading activity during the period 1.0. Lack of trading volume on February 3, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.28% . The overall trading delta to the current price is 2.12% . |
Price Boundaries
Dow Jones Period Price Range
Low | February 2, 2023
| High |
1,539 | 1,545 |
Dow Jones May 7, 2024 Market Strength
Market strength indicators help investors to evaluate how Dow Jones index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dow Jones shares will generate the highest return on investment. By undertsting and applying Dow Jones index market strength indicators, traders can identify Dow Jones Mid-Cap entry and exit signals to maximize returns
Dow Jones Technical Drivers
Dow Jones May 7, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dow Jones' price direction in advance. Along with the technical and fundamental analysis of Dow Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dow 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 Performance | 0.0512 | |||
| Mean Deviation | 0.5447 | |||
| Semi Deviation | 0.7973 | |||
| Downside Deviation | 0.91 | |||
| Coefficient Of Variation | 1253.18 | |||
| Standard Deviation | 0.7229 | |||
| Variance | 0.5226 | |||
| Information Ratio | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) | |||
| Maximum Drawdown | 3.04 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.12 | |||
| Downside Variance | 0.828 | |||
| Semi Variance | 0.6357 | |||
| Expected Short fall | (0.50) | |||
| Skewness | (0.69) | |||
| Kurtosis | 0.2633 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any index could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.