Formuepleje Mix (Denmark) Price on October 17, 2024
| FPIMME Stock | 298.70 0.60 0.20% |
If you're considering investing in Formuepleje Stock, it is important to understand the factors that can impact its price. As of today, the current price of Formuepleje Mix stands at 298.70, as last reported on the 17th of December 2024, with the highest price reaching 298.70 and the lowest price hitting 298.70 during the day. At this point, Formuepleje Mix is very steady. Formuepleje Mix Medium secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Formuepleje Mix Medium, which you can use to evaluate the volatility of the firm. Please confirm Formuepleje Mix's Coefficient Of Variation of 936.58, mean deviation of 0.4016, and Downside Deviation of 0.502 to check if the risk estimate we provide is consistent with the expected return of 0.0623%.
Formuepleje Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Formuepleje |
Sharpe Ratio = 0.1093
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | FPIMME | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Formuepleje Mix is performing at about 8% 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 Formuepleje Mix by adding it to a well-diversified portfolio.
Formuepleje Mix Valuation on October 17, 2024
It is possible to determine the worth of Formuepleje Mix on a given historical date. On October 17, 2024 Formuepleje was worth 294.2 at the beginning of the trading date compared to the closed value of 296.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Formuepleje Mix stock. Still, in general, we apply an absolute valuation method to find Formuepleje Mix'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 Formuepleje Mix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Formuepleje Mix's related companies.
| Open | High | Low | Close | Volume | |
| 293.20 | 293.20 | 293.20 | 293.20 | 1,013 | |
10/17/2024 | 294.20 | 296.10 | 294.20 | 296.10 | 27,137 |
| 295.70 | 295.70 | 295.70 | 295.70 | 170.00 |
| Backtest Formuepleje Mix | | | Formuepleje Mix History | Previous | Next |
Formuepleje Mix Trading Date Momentum on October 17, 2024
| On October 18 2024 Formuepleje Mix Medium was traded for 295.70 at the closing time. The highest price during the trading period was 295.70 and the lowest recorded bid was listed for 295.70 . The volume for the day was 170. This history from October 18, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.14% . The overall trading delta to the current price is 0.91% . |
Price Boundaries
Formuepleje Mix Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Formuepleje Mix Medium cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
Formuepleje Mix December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Formuepleje Mix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Formuepleje Mix shares will generate the highest return on investment. By undertsting and applying Formuepleje Mix stock market strength indicators, traders can identify Formuepleje Mix Medium entry and exit signals to maximize returns
Formuepleje Mix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Formuepleje Mix's price direction in advance. Along with the technical and fundamental analysis of Formuepleje Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Formuepleje 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 | 0.0741 | |||
| Jensen Alpha | 0.0491 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 11.5 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Formuepleje Stock analysis
When running Formuepleje Mix's price analysis, check to measure Formuepleje Mix'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 Formuepleje Mix is operating at the current time. Most of Formuepleje Mix's value examination focuses on studying past and present price action to predict the probability of Formuepleje Mix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formuepleje Mix's price. Additionally, you may evaluate how the addition of Formuepleje Mix to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |