Maj Invest (Denmark) Price on September 22, 2023
MAJGS Fund | DKK 106.84 0.31 0.29% |
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 106.84, as last reported on the 30th of November, with the highest price reaching 106.84 and the lowest price hitting 106.84 during the day. Maj Invest has Sharpe Ratio of -0.0633, which conveys that the entity had a -0.0633% return per unit of risk over the last 3 months. Maj Invest exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Maj Invest's Mean Deviation of 0.64, risk adjusted performance of (0.05), and Standard Deviation of 0.7982 to check out the risk estimate we provide.
Maj Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Maj |
Sharpe Ratio = -0.0633
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | MAJGS |
Estimated Market Risk
0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Maj Invest 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 Maj Invest by adding Maj Invest to a well-diversified portfolio.
Maj Invest Valuation on September 22, 2023
It is possible to determine the worth of Maj Invest on a given historical date. On September 22, 2023 Maj was worth 140.25 at the beginning of the trading date compared to the closed value of 140.25. 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 | |
140.62 | 140.62 | 140.62 | 140.62 | 1.00 | |
09/22/2023 | 140.25 | 140.25 | 140.25 | 140.25 | 1.00 |
138.00 | 138.00 | 138.00 | 138.00 | 1.00 |
Backtest Maj Invest | | | Maj Invest History | Previous | Next |
Maj Invest Trading Date Momentum on September 22, 2023
On September 25 2023 Maj Invest was traded for 138.00 at the closing time. The highest price during the trading period was 138.00 and the lowest recorded bid was listed for 138.00 . There was no trading activity during the period 1.0. Lack of trading volume on September 25, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.60% . The trading delta at closing time to the current price is 3.71% . |
About Maj Invest Fund history
Maj Invest 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 Maj is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Maj Invest 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 Maj Invest stock prices may prove useful in developing a viable investing in Maj Invest
Maj Invest Fund Technical Analysis
Maj Invest 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
Maj Invest Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Maj Invest 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 November 30, 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 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 | (0.05) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (0.27) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Maj Fund
Maj Invest financial ratios help investors to determine whether Maj 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 Maj with respect to the benefits of owning Maj Invest security.
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |