Mediolanum Renta (Spain) Price on September 26, 2024
| 0P00000W41 | 2,618 2.48 0.09% |
If you're considering investing in Mediolanum Fund, it is important to understand the factors that can impact its price. As of today, the current price of Mediolanum Renta stands at 2,618, as last reported on the 1st of February, with the highest price reaching 2,618 and the lowest price hitting 2,618 during the day. At this point, Mediolanum Renta is very steady. Mediolanum Renta Variable has Sharpe Ratio of 0.19, which conveys that the entity had a 0.19 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mediolanum Renta, which you can use to evaluate the volatility of the fund. Please verify Mediolanum Renta's Downside Deviation of 0.6788, risk adjusted performance of 0.0891, and Mean Deviation of 0.517 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
Mediolanum Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mediolanum |
Sharpe Ratio = 0.1928
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| Cash | 0P00000W41 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Mediolanum Renta is performing at about 15% 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 Mediolanum Renta by adding it to a well-diversified portfolio.
Mediolanum Renta Valuation on September 26, 2024
It is possible to determine the worth of Mediolanum Renta on a given historical date. On September 26, 2024 Mediolanum was worth 2446.71 at the beginning of the trading date compared to the closed value of 2446.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mediolanum Renta fund. Still, in general, we apply an absolute valuation method to find Mediolanum Renta'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 Mediolanum Renta where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mediolanum Renta's related companies.
| Open | High | Low | Close | Volume | |
| 2,427 | 2,427 | 2,427 | 2,427 | 1.00 | |
09/26/2024 | 2,447 | 2,447 | 2,447 | 2,447 | 1.00 |
| 2,456 | 2,456 | 2,456 | 2,456 | 1.00 |
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Mediolanum Renta Trading Date Momentum on September 26, 2024
| On September 27 2024 Mediolanum Renta Variable was traded for 2,456 at the closing time. The highest price during the trading period was 2,456 and the lowest recorded bid was listed for 2,456 . There was no trading activity during the period 1.0. Lack of trading volume on September 27, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.38% . The trading delta at closing time to the current price is 0.14% . |
Price Boundaries
Mediolanum Renta Period Price Range
Low | February 1, 2025
| High |
0.00 | 0.00 |
Mediolanum Renta Variable cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
Mediolanum Renta February 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Mediolanum Renta fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mediolanum Renta shares will generate the highest return on investment. By undertsting and applying Mediolanum Renta fund market strength indicators, traders can identify Mediolanum Renta Variable entry and exit signals to maximize returns
Mediolanum Renta Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mediolanum Renta's price direction in advance. Along with the technical and fundamental analysis of Mediolanum Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mediolanum 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 | 0.0891 | |||
| Jensen Alpha | 0.0585 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.7825 |
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| Volume Indicators |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |