Maj Invest (Denmark) Price on September 30, 2024
| MAJEMV Fund | 121.15 1.65 1.38% |
If you're considering investing in Maj Fund, it is important to understand the factors that can impact its price. As of today, the current price of Maj Invest stands at 121.15, as last reported on the 12th of December 2024, with the highest price reaching 121.15 and the lowest price hitting 120.15 during the day. At this point, Maj Invest is very steady. Maj Invest Emerging has Sharpe Ratio of 0.11, which conveys that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Maj Invest, which you can use to evaluate the volatility of the fund. Please verify Maj Invest's Risk Adjusted Performance of 0.0925, mean deviation of 0.9891, and Downside Deviation of 1.29 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
Maj Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Maj |
Sharpe Ratio = 0.108
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Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Maj Invest 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 Maj Invest by adding it to a well-diversified portfolio.
Maj Invest Valuation on September 30, 2024
It is possible to determine the worth of Maj Invest on a given historical date. On September 30, 2024 Maj was worth 120.8 at the beginning of the trading date compared to the closed value of 120.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Maj Invest fund. Still, in general, we apply an absolute valuation method to find Maj Invest'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 Maj Invest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Maj Invest's related companies.
| Open | High | Low | Close | Volume | |
| 120.10 | 120.65 | 119.85 | 120.45 | 8,384 | |
09/30/2024 | 120.80 | 120.80 | 120.45 | 120.50 | 4,658 |
| 119.95 | 120.00 | 119.95 | 120.00 | 2,500 |
| Backtest Maj Invest | | | Maj Invest History | Previous | Next |
Maj Invest Trading Date Momentum on September 30, 2024
| On October 01 2024 Maj Invest Emerging was traded for 120.00 at the closing time. The highest price during the trading period was 120.00 and the lowest recorded bid was listed for 119.95 . The volume for the day was 2.5 K. This history from October 1, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.41% . The trading delta at closing time to the current price is 0.50% . |
Price Boundaries
Maj Invest Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Maj Invest Emerging 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.
Maj Invest December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Maj Invest fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Maj Invest shares will generate the highest return on investment. By undertsting and applying Maj Invest fund market strength indicators, traders can identify Maj Invest Emerging entry and exit signals to maximize returns
Maj Invest Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Maj Invest's price direction in advance. Along with the technical and fundamental analysis of Maj Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Maj 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 | 0.0925 | |||
| Jensen Alpha | 0.1173 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0266 | |||
| Treynor Ratio | 0.5391 |
| Cycle Indicators | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
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