SDAX Index (Germany) Price on September 27, 2024
| SDAXI Index | 13,342 168.34 1.25% |
Below is the normalized historical share price chart for SDAX Index extending back to December 30, 1987. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of SDAX Index stands at 13,342, as last reported on the 27th of November, with the highest price reaching 13,441 and the lowest price hitting 13,331 during the day.
If you're considering investing in SDAX Index, it is important to understand the factors that can impact its price. SDAX Index retains Efficiency (Sharpe Ratio) of -0.0687, which indicates the index had a -0.0687% return per unit of risk over the last 3 months. SDAX Index exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. SDAX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = -0.0687
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SDAXI |
Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SDAX Index 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 SDAX Index by adding SDAX Index to a well-diversified portfolio.
SDAX Index Valuation on September 27, 2024
It is possible to determine the worth of SDAX Index on a given historical date. On September 27, 2024 SDAX was worth 14074.07 at the beginning of the trading date compared to the closed value of 14210.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SDAX Index index. Still, in general, we apply an absolute valuation method to find SDAX Index'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 SDAX Index where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SDAX Index's related companies.
| Open | High | Low | Close | Volume | |
| 13,858 | 14,097 | 13,858 | 14,058 | 11,932,200 | |
09/27/2024 | 14,074 | 14,214 | 14,071 | 14,210 | 9,830,300 |
| 14,218 | 14,238 | 14,075 | 14,162 | 8,318,100 |
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SDAX Index Trading Date Momentum on September 27, 2024
| On September 30 2024 SDAX Index was traded for 14,162 at the closing time. The highest price during the trading period was 14,238 and the lowest recorded bid was listed for 14,075 . The volume for the day was 8.3 M. This history from September 30, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.34% . The trading price change to the current price is 0.20% . |
Price Boundaries
SDAX Index Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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SDAX Index November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how SDAX Index index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SDAX Index shares will generate the highest return on investment. By undertsting and applying SDAX Index index market strength indicators, traders can identify SDAX Index entry and exit signals to maximize returns
SDAX Index Technical Drivers
SDAX Index November 27, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SDAX Index's price direction in advance. Along with the technical and fundamental analysis of SDAX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of SDAX 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 | (0.04) | |||
| Mean Deviation | 0.7533 | |||
| Coefficient Of Variation | (1,744) | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.05 | |||
| Information Ratio | (0.18) | |||
| Total Risk Alpha | (0.23) | |||
| Maximum Drawdown | 5.15 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 1.68 | |||
| Skewness | 0.1661 | |||
| Kurtosis | 0.7667 |
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| Volume Indicators |