Handelsinvest Danmark (Denmark) Price on August 3, 2023
HAIDK Fund | DKK 418.66 1.31 0.31% |
If you're considering investing in Handelsinvest Fund, it is important to understand the factors that can impact its price. As of today, the current price of Handelsinvest Danmark stands at 418.66, as last reported on the 28th of November, with the highest price reaching 418.66 and the lowest price hitting 418.66 during the day. Handelsinvest Danmark holds Efficiency (Sharpe) Ratio of -0.0995, which attests that the entity had a -0.0995% return per unit of risk over the last 3 months. Handelsinvest Danmark exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Handelsinvest Danmark's Standard Deviation of 0.8093, market risk adjusted performance of (2.91), and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
Handelsinvest Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Handelsinvest |
Sharpe Ratio = -0.0995
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Estimated Market Risk
0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Handelsinvest Danmark 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 Handelsinvest Danmark by adding Handelsinvest Danmark to a well-diversified portfolio.
Handelsinvest Danmark Valuation on August 3, 2023
It is possible to determine the worth of Handelsinvest Danmark on a given historical date. On August 3, 2023 Handelsinvest was worth 416.15 at the beginning of the trading date compared to the closed value of 416.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Handelsinvest Danmark fund. Still, in general, we apply an absolute valuation method to find Handelsinvest Danmark'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 Handelsinvest Danmark where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Handelsinvest Danmark's related companies.
Open | High | Low | Close | Volume | |
418.34 | 418.34 | 418.34 | 418.34 | 620.00 | |
08/03/2023 | 416.15 | 416.15 | 416.15 | 416.15 | 317.00 |
415.65 | 415.65 | 415.65 | 415.65 | 2,735 |
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Handelsinvest Danmark Trading Date Momentum on August 3, 2023
On August 04 2023 Handelsinvest Danmark was traded for 415.65 at the closing time. The highest price during the trading period was 415.65 and the lowest recorded bid was listed for 415.65 . The volume for the day was 2.7 K. This history from August 4, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.12% . The trading delta at closing time to the current price is 0.51% . |
About Handelsinvest Danmark Fund history
Handelsinvest Danmark investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Handelsinvest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Handelsinvest Danmark will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Handelsinvest Danmark stock prices may prove useful in developing a viable investing in Handelsinvest Danmark
Handelsinvest Danmark Fund Technical Analysis
Handelsinvest Danmark technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Handelsinvest Danmark Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Handelsinvest Danmark 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.
Handelsinvest Danmark November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Handelsinvest Danmark fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Handelsinvest Danmark shares will generate the highest return on investment. By undertsting and applying Handelsinvest Danmark fund market strength indicators, traders can identify Handelsinvest Danmark entry and exit signals to maximize returns
Handelsinvest Danmark Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Handelsinvest Danmark's price direction in advance. Along with the technical and fundamental analysis of Handelsinvest Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Handelsinvest 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 | (0.07) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | (2.92) |
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Other Information on Investing in Handelsinvest Fund
Handelsinvest Danmark financial ratios help investors to determine whether Handelsinvest Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Handelsinvest with respect to the benefits of owning Handelsinvest Danmark security.
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