MCX ICOMDEX (India) Price History

Indexes . India . 
Index . MCX ICOMDEX ALUMINIUM
MCIALUM Index   11,442  49.61  0.43%   
If you're considering investing in MCX Index, it is important to understand the factors that can impact its stock price. As of today, the current price of MCX ICOMDEX is 11,442, as last reported on the 4th of June, with the highest price reaching 11,586 and the lowest price hitting 11,420 during the day.
MCX ICOMDEX ALUMINIUM has Sharpe Ratio of -0.0342, which conveys that the index had -0.0342% of return per unit of standard deviation over the last 3 months. Our approach into estimating the risk of any index is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. MCX ICOMDEX exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away.
MCX Index stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0342

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Estimated Market Risk

 0.78
  actual daily
 6 
94% of assets are more volatile
66

Expected Return

 -0.03
  actual daily
 0 
Most of other assets have higher returns
00

Risk-Adjusted Return

 -0.03
  actual daily
 0 
Most of other assets perform better
00
Based on monthly moving average MCX ICOMDEX is performing at about 0% 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 MCX ICOMDEX by adding it to a well-diversified portfolio.

MCX ICOMDEX Index Price History Chart

There are several ways to analyze MCX ICOMDEX price data. The simplest method is using a basic MCX candlestick price chart, which shows MCX ICOMDEX 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 PriceApril 19, 202311859.59
Lowest PriceApril 11, 202311289.84

MCX ICOMDEX June 4, 2023 Index Price Synopsis

Various analyses of MCX ICOMDEX stock's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell MCX Index. It can be used to describe the percentage change in the price of MCX ICOMDEX from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of MCX Index.
MCX ICOMDEX Price Action Indicator(85.44) 
MCX ICOMDEX Price Rate Of Daily Change 1.00 
MCX ICOMDEX Price Daily Balance Of Power(0.30) 

MCX ICOMDEX June 4, 2023 Index Price Analysis

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

MCX Index Price History Data

OpenHighLowCloseVolume
06/02/2023 11,506  11,586  11,420  11,442  1.00 
06/01/2023 11,484  11,525  11,445  11,492  1.00 
05/31/2023 11,318  11,459  11,299  11,445  1.00 
05/30/2023 11,374  11,429  11,316  11,368  1.00 
05/29/2023 11,481  11,487  11,434  11,451  1.00 
05/26/2023 11,440  11,498  11,401  11,456  1.00 
05/25/2023 11,335  11,451  11,305  11,393  1.00 
05/24/2023 11,431  11,431  11,305  11,352  1.00 
05/23/2023 11,451  11,462  11,364  11,431  1.00 
05/22/2023 11,492  11,492  11,431  11,462  1.00 
05/19/2023 11,453  11,544  11,418  11,533  1.00 
05/18/2023 11,404  11,489  11,396  11,453  1.00 
05/17/2023 11,344  11,431  11,311  11,423  1.00 
05/16/2023 11,379  11,399  11,300  11,333  1.00 
05/15/2023 11,272  11,429  11,272  11,390  1.00 
05/12/2023 11,283  11,336  11,220  11,316  1.00 
05/11/2023 11,404  11,421  11,281  11,294  1.00 
05/10/2023 11,478  11,500  11,379  11,396  1.00 
05/09/2023 11,368  11,541  11,357  11,492  1.00 
05/08/2023 11,418  11,467  11,415  11,451  1.00 
05/05/2023 11,341  11,431  11,272  11,410  1.00 
05/04/2023 11,456  11,456  11,270  11,330  1.00 
05/03/2023 11,530  11,530  11,382  11,404  1.00 
05/02/2023 11,588  11,648  11,492  11,541  1.00 
05/01/2023 11,544  11,632  11,451  11,552  1.00 
04/28/2023 11,314  11,569  11,311  11,516  1.00 
04/27/2023 11,333  11,333  11,174  11,316  1.00 
04/26/2023 11,390  11,456  11,316  11,360  1.00 
04/25/2023 11,574  11,588  11,336  11,379  1.00 
04/24/2023 11,604  11,659  11,527  11,588  1.00 
04/21/2023 11,777  11,777  11,615  11,678  1.00 
04/20/2023 11,844  11,898  11,756  11,777  1.00 
04/19/2023 11,851  11,873  11,710  11,860  1.00 
04/18/2023 11,605  11,868  11,597  11,857  1.00 
04/17/2023 11,597  11,630  11,489  11,569  1.00 
04/14/2023 11,613  11,683  11,566  11,600  1.00 
04/13/2023 11,345  11,558  11,331  11,519  1.00 
04/12/2023 11,312  11,381  11,226  11,345  1.00 
04/11/2023 11,400  11,428  11,265  11,290  1.00 
04/10/2023 11,409  11,486  11,403  11,461  1.00 
04/06/2023 11,406  11,461  11,376  11,425  1.00 
04/05/2023 11,506  11,506  11,329  11,384  1.00 
04/04/2023 11,594  11,594  11,467  11,514  1.00 
04/03/2023 11,594  11,727  11,564  11,589  1.00 
03/31/2023 11,555  11,630  11,486  11,622  1.00 
03/30/2023 11,530  11,561  11,495  11,536  1.00 
03/29/2023 11,475  11,638  11,464  11,517  1.00 
03/28/2023 11,447  11,506  11,403  11,486  1.00 
03/27/2023 11,298  11,445  11,298  11,420  1.00 
03/24/2023 11,403  11,486  11,351  11,376  1.00 
03/23/2023 11,332  11,439  11,300  11,403  1.00 
03/22/2023 11,276  11,355  11,274  11,330  1.00 
03/21/2023 11,380  11,408  11,288  11,307  1.00 
03/20/2023 11,374  11,413  11,251  11,391  1.00 
03/17/2023 11,452  11,500  11,335  11,371  1.00 
03/16/2023 11,427  11,447  11,332  11,377  1.00 
03/15/2023 11,573  11,693  11,357  11,385  1.00 
03/14/2023 11,494  11,601  11,455  11,584  1.00 
03/13/2023 11,430  11,564  11,304  11,520  1.00 
03/10/2023 11,405  11,455  11,316  11,416  1.00 

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MCX ICOMDEX Technical Drivers

MCX ICOMDEX June 4, 2023 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MCX stock's direction in advance. Along with the technical and fundamental analysis of MCX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of MCX 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 stock 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(0.042448)
Mean Deviation0.6013
Coefficient Of Variation(2,337)
Standard Deviation0.7733
Variance0.598
Information Ratio(0.036843)
Total Risk Alpha(0.031096)
Maximum Drawdown4.28
Value At Risk(1.19)
Potential Upside0.9056
Skewness0.3167
Kurtosis1.12
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators
Check out Correlation Analysis 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 industry. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for MCX Index analysis

When running MCX ICOMDEX's price analysis, check to measure MCX ICOMDEX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MCX ICOMDEX is operating at the current time. Most of MCX ICOMDEX's value examination focuses on studying past and present price action to predict the probability of MCX ICOMDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MCX ICOMDEX's price. Additionally, you may evaluate how the addition of MCX ICOMDEX to your portfolios can decrease your overall portfolio volatility.
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