Kreditbanken (Denmark) Price on September 15, 2023
| KRE Stock | DKK 5,050 70.00 1.41% |
If you're considering investing in Kreditbanken Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kreditbanken stands at 5,050, as last reported on the 23rd of November, with the highest price reaching 5,050 and the lowest price hitting 4,980 during the day. As of now, Kreditbanken Stock is very steady. Kreditbanken AS has Sharpe Ratio of 0.0195, which conveys that the firm had a 0.0195% return per unit of risk over the last 3 months. We have found thirty technical indicators for Kreditbanken, which you can use to evaluate the volatility of the firm. Please verify Kreditbanken's Risk Adjusted Performance of 0.0265, downside deviation of 1.44, and Mean Deviation of 0.7935 to check out if the risk estimate we provide is consistent with the expected return of 0.0206%.
Kreditbanken Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kreditbanken |
Sharpe Ratio = 0.0195
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Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Kreditbanken is performing at about 1% 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 Kreditbanken by adding it to a well-diversified portfolio.
Kreditbanken Valuation on September 15, 2023
It is possible to determine the worth of Kreditbanken on a given historical date. On September 15, 2023 Kreditbanken was worth 4200.0 at the beginning of the trading date compared to the closed value of 4240.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kreditbanken stock. Still, in general, we apply an absolute valuation method to find Kreditbanken'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 Kreditbanken where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kreditbanken's related companies.
| Open | High | Low | Close | Volume | |
| 4,140 | 4,240 | 4,140 | 4,240 | 25.00 | |
09/15/2023 | 4,200 | 4,240 | 4,200 | 4,240 | 24.00 |
| 4,220 | 4,280 | 4,220 | 4,220 | 14.00 |
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Kreditbanken Trading Date Momentum on September 15, 2023
| On September 18 2023 Kreditbanken AS was traded for 4,220 at the closing time. The maximum traded price for the trading interval was 4,280 and the lowest daily price was 4,220 . The daily volume was recorded at 14.0. The volume of trading on 18th of September 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.47% . The trading delta at closing time to the closing price today is 0.47% . |
Kreditbanken AS Fundamentals Correlations and Trends
By evaluating Kreditbanken's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Kreditbanken's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kreditbanken financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kreditbanken Stock history
Kreditbanken 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 Kreditbanken is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kreditbanken AS 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 Kreditbanken stock prices may prove useful in developing a viable investing in Kreditbanken
Kreditbanken AS provides various banking products and services to private and business customers in Denmark. Kreditbanken AS was founded in 1926 and is headquartered in Aabenraa, Denmark. Kreditbanken operates under Banking classification in Denmark and is traded on Copenhagen Stock Exchange.
Kreditbanken Stock Technical Analysis
Kreditbanken technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Kreditbanken Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Kreditbanken AS 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.
Kreditbanken November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Kreditbanken stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kreditbanken shares will generate the highest return on investment. By undertsting and applying Kreditbanken stock market strength indicators, traders can identify Kreditbanken AS entry and exit signals to maximize returns
Kreditbanken Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kreditbanken's price direction in advance. Along with the technical and fundamental analysis of Kreditbanken Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kreditbanken 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 | 0.0265 | |||
| Jensen Alpha | 0.0249 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (1.34) |
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Other Information on Investing in Kreditbanken Stock
Kreditbanken financial ratios help investors to determine whether Kreditbanken Stock 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 Kreditbanken with respect to the benefits of owning Kreditbanken security.