Scandinavian Investment (Denmark) Price on April 8, 2024
| SIG Stock | DKK 3.24 0.02 0.61% |
If you're considering investing in Scandinavian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scandinavian Investment stands at 3.24, as last reported on the 23rd of January, with the highest price reaching 3.26 and the lowest price hitting 3.18 during the day. As of now, Scandinavian Stock is slightly risky. Scandinavian Investment owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Scandinavian Investment Group, which you can use to evaluate the volatility of the company. Please validate Scandinavian Investment's Risk Adjusted Performance of 0.0036, coefficient of variation of (52,332), and Variance of 3.1 to confirm if the risk estimate we provide is consistent with the expected return of 0.0059%.
Scandinavian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Scandinavian |
Sharpe Ratio = 0.0032
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| Negative Returns | SIG |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Scandinavian Investment 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 Scandinavian Investment by adding Scandinavian Investment to a well-diversified portfolio.
Scandinavian Investment Valuation on April 8, 2024
It is possible to determine the worth of Scandinavian Investment on a given historical date. On April 8, 2024 Scandinavian was worth 3.0 at the beginning of the trading date compared to the closed value of 3.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scandinavian Investment stock. Still, in general, we apply an absolute valuation method to find Scandinavian Investment'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 Scandinavian Investment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scandinavian Investment's related companies.
| Open | High | Low | Close | Volume | |
| 3.28 | 3.28 | 3.10 | 3.10 | 703.00 | |
04/08/2024 | 3.00 | 3.26 | 3.00 | 3.08 | 18,053 |
| 3.24 | 3.26 | 3.20 | 3.20 | 59,986 |
| Backtest Scandinavian Investment | | | Scandinavian Investment History | | | Scandinavian Investment Valuation | Previous | Next |
Scandinavian Investment Trading Date Momentum on April 8, 2024
| On April 09 2024 Scandinavian Investment Group was traded for 3.20 at the closing time. The maximum traded price for the trading interval was 3.26 and the lowest daily price was 3.20 . The daily volume was recorded at 60 K. The volume of trading on 9th of April 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 3.90% . The trading price change to the closing price today is 2.60% . |
Scandinavian Investment Fundamentals Correlations and Trends
By evaluating Scandinavian Investment'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 Scandinavian Investment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scandinavian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Scandinavian Investment Stock history
Scandinavian Investment 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 Scandinavian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scandinavian Investment 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 Scandinavian Investment stock prices may prove useful in developing a viable investing in Scandinavian Investment
Scandinavian Investment Group AS invests in real estate properties in Denmark. The company was founded in 1908 and is based in Herlev, Denmark. Scandinavian Investment is traded on Copenhagen Stock Exchange in Denmark.
Scandinavian Investment Stock Technical Analysis
Scandinavian Investment 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
Scandinavian Investment Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
Scandinavian Investment Group 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.
Scandinavian Investment January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how Scandinavian Investment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scandinavian Investment shares will generate the highest return on investment. By undertsting and applying Scandinavian Investment stock market strength indicators, traders can identify Scandinavian Investment Group entry and exit signals to maximize returns
Scandinavian Investment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scandinavian Investment's price direction in advance. Along with the technical and fundamental analysis of Scandinavian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scandinavian 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 | 0.0036 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.11) |
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Other Information on Investing in Scandinavian Stock
Scandinavian Investment financial ratios help investors to determine whether Scandinavian Stock 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 Scandinavian with respect to the benefits of owning Scandinavian Investment security.