Pandora AS (Denmark) Price on June 13, 2024
PNDORA Stock | DKK 1,108 9.50 0.85% |
If you're considering investing in Pandora Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pandora AS stands at 1,108, as last reported on the 27th of November, with the highest price reaching 1,118 and the lowest price hitting 1,092 during the day. Pandora AS maintains Sharpe Ratio (i.e., Efficiency) of -0.0421, which implies the firm had a -0.0421% return per unit of risk over the last 3 months. Pandora AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pandora AS's Risk Adjusted Performance of (0.02), coefficient of variation of (3,484), and Variance of 2.15 to confirm the risk estimate we provide.
Pandora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pandora |
Sharpe Ratio = -0.0421
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | PNDORA |
Estimated Market Risk
1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pandora AS 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 Pandora AS by adding Pandora AS to a well-diversified portfolio.
Pandora AS Valuation on June 13, 2024
It is possible to determine the worth of Pandora AS on a given historical date. On June 13, 2024 Pandora was worth 1101.5 at the beginning of the trading date compared to the closed value of 1080.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pandora AS stock. Still, in general, we apply an absolute valuation method to find Pandora AS'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 Pandora AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pandora AS's related companies.
Open | High | Low | Close | Volume | |
1,093 | 1,110 | 1,092 | 1,102 | 136,663 | |
06/13/2024 | 1,102 | 1,119 | 1,067 | 1,080 | 374,424 |
1,080 | 1,080 | 1,042 | 1,052 | 164,975 |
Backtest Pandora AS | | | Pandora AS History | | | Pandora AS Valuation | Previous | Next |
Pandora AS Trading Date Momentum on June 13, 2024
On June 14 2024 Pandora AS was traded for 1,052 at the closing time. The highest price during the trading period was 1,080 and the lowest recorded bid was listed for 1,042 . The volume for the day was 165 K. This history from June 14, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.55% . The trading delta at closing time to the current price is 1.67% . |
Pandora AS Fundamentals Correlations and Trends
By evaluating Pandora AS'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 Pandora AS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pandora financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pandora AS Stock history
Pandora AS 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 Pandora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pandora 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 Pandora AS stock prices may prove useful in developing a viable investing in Pandora AS
Pandora AS designs, manufactures, and markets hand-finished and contemporary jewelry worldwide. Pandora AS was founded in 1982 and is headquartered in Copenhagen, Denmark. Pandora AS operates under Luxury Goods classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 26000 people.
Pandora AS Stock Technical Analysis
Pandora AS 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
Pandora AS Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Pandora 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.
Pandora AS November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Pandora AS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pandora AS shares will generate the highest return on investment. By undertsting and applying Pandora AS stock market strength indicators, traders can identify Pandora AS entry and exit signals to maximize returns
Pandora AS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pandora AS's price direction in advance. Along with the technical and fundamental analysis of Pandora Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pandora 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 | (0.02) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | (0.11) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Pandora Stock analysis
When running Pandora AS's price analysis, check to measure Pandora AS'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 Pandora AS is operating at the current time. Most of Pandora AS's value examination focuses on studying past and present price action to predict the probability of Pandora AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pandora AS's price. Additionally, you may evaluate how the addition of Pandora AS to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |