PARKEN Sport (Denmark) Price on August 17, 2023
| PARKEN Stock | DKK 120.50 0.50 0.41% |
If you're considering investing in PARKEN Stock, it is important to understand the factors that can impact its price. As of today, the current price of PARKEN Sport stands at 120.50, as last reported on the 27th of November, with the highest price reaching 122.00 and the lowest price hitting 120.50 during the day. At this point, PARKEN Sport is very steady. PARKEN Sport Enterta maintains Sharpe Ratio (i.e., Efficiency) of 0.0219, which implies the company had a 0.0219% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for PARKEN Sport Enterta, which you can use to evaluate the volatility of the entity. Please check PARKEN Sport's Market Risk Adjusted Performance of (0.11), mean deviation of 1.26, and Coefficient Of Variation of 2923.37 to confirm if the risk estimate we provide is consistent with the expected return of 0.0571%.
PARKEN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PARKEN |
Sharpe Ratio = 0.0219
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Estimated Market Risk
| 2.61 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average PARKEN Sport 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 PARKEN Sport by adding it to a well-diversified portfolio.
PARKEN Sport Valuation on August 17, 2023
It is possible to determine the worth of PARKEN Sport on a given historical date. On August 17, 2023 PARKEN was worth 114.0 at the beginning of the trading date compared to the closed value of 114.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PARKEN Sport stock. Still, in general, we apply an absolute valuation method to find PARKEN Sport'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 PARKEN Sport where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PARKEN Sport's related companies.
| Open | High | Low | Close | Volume | |
| 110.00 | 116.00 | 109.50 | 114.50 | 21,502 | |
08/17/2023 | 114.00 | 115.00 | 114.00 | 114.00 | 3,505 |
| 115.00 | 115.00 | 113.00 | 113.00 | 7,501 |
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PARKEN Sport Trading Date Momentum on August 17, 2023
| On August 18 2023 PARKEN Sport Entertainment was traded for 113.00 at the closing time. The highest price during the trading period was 115.00 and the lowest recorded bid was listed for 113.00 . The volume for the day was 7.5 K. This history from August 18, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.88% . The trading delta at closing time to the current price is 5.26% . |
PARKEN Sport Enterta Fundamentals Correlations and Trends
By evaluating PARKEN Sport'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 PARKEN Sport's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PARKEN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PARKEN Sport Stock history
PARKEN Sport 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 PARKEN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PARKEN Sport Enterta 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 PARKEN Sport stock prices may prove useful in developing a viable investing in PARKEN Sport
PARKEN Sport Entertainment AS operates in the sports industry in Denmark. The company was founded in 1991 and is based in Copenhagen, Denmark. PARKEN Sport operates under Hotels Travel And Leisure classification in Denmark and is traded on Copenhagen Stock Exchange.
PARKEN Sport Stock Technical Analysis
PARKEN Sport 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
PARKEN Sport Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
PARKEN Sport Entertainment 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.
PARKEN Sport November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how PARKEN Sport stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PARKEN Sport shares will generate the highest return on investment. By undertsting and applying PARKEN Sport stock market strength indicators, traders can identify PARKEN Sport Entertainment entry and exit signals to maximize returns
PARKEN Sport Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PARKEN Sport's price direction in advance. Along with the technical and fundamental analysis of PARKEN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PARKEN 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 | 0.0332 | |||
| Jensen Alpha | 0.1563 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.12) |
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Complementary Tools for PARKEN Stock analysis
When running PARKEN Sport's price analysis, check to measure PARKEN Sport'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 PARKEN Sport is operating at the current time. Most of PARKEN Sport's value examination focuses on studying past and present price action to predict the probability of PARKEN Sport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PARKEN Sport's price. Additionally, you may evaluate how the addition of PARKEN Sport to your portfolios can decrease your overall portfolio volatility.
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