SP Group (Denmark) Price on September 16, 2024
| SPG Stock | DKK 311.50 3.00 0.95% |
If you're considering investing in SPG Stock, it is important to understand the factors that can impact its price. As of today, the current price of SP Group stands at 311.50, as last reported on the 27th of November, with the highest price reaching 314.00 and the lowest price hitting 308.50 during the day. As of now, SPG Stock is very steady. SP Group AS retains Efficiency (Sharpe Ratio) of 0.0683, which indicates the firm had a 0.0683% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for SP Group, which you can use to evaluate the volatility of the company. Please validate SP Group's Mean Deviation of 1.56, downside deviation of 1.7, and Risk Adjusted Performance of 0.0826 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
SPG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SPG |
Sharpe Ratio = 0.0683
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Estimated Market Risk
| 1.91 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average SP Group is performing at about 5% 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 SP Group by adding it to a well-diversified portfolio.
SP Group Valuation on September 16, 2024
It is possible to determine the worth of SP Group on a given historical date. On September 16, 2024 SPG was worth 323.0 at the beginning of the trading date compared to the closed value of 324.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SP Group stock. Still, in general, we apply an absolute valuation method to find SP Group'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 SP Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SP Group's related companies.
| Open | High | Low | Close | Volume | |
| 317.00 | 326.00 | 317.00 | 323.00 | 26,401 | |
09/16/2024 | 323.00 | 324.50 | 318.50 | 324.50 | 15,257 |
| 324.50 | 329.50 | 320.00 | 329.50 | 14,433 |
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SP Group Trading Date Momentum on September 16, 2024
| On September 17 2024 SP Group AS was traded for 329.50 at the closing time. The maximum traded price for the trading interval was 329.50 and the lowest daily price was 320.00 . The daily volume was recorded at 14.4 K. The volume of trading on 17th of September 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 1.54% . The trading price change to the closing price today is 3.39% . |
SP Group AS Fundamentals Correlations and Trends
By evaluating SP Group'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 SP Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SPG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SP Group Stock history
SP Group 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 SPG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SP Group 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 SP Group stock prices may prove useful in developing a viable investing in SP Group
SP Group AS manufactures and supplies moulded plastic components and coatings primarily in Denmark and other European countries, the Americas, Asia, Australia, and Africa. SP Group AS was founded in 1972 and is headquartered in Snders, Denmark. SP Group operates under Rubber Plastics classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 2098 people.
SP Group Stock Technical Analysis
SP Group 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
SP Group Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
SP Group 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.
SP Group November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how SP Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SP Group shares will generate the highest return on investment. By undertsting and applying SP Group stock market strength indicators, traders can identify SP Group AS entry and exit signals to maximize returns
SP Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SP Group's price direction in advance. Along with the technical and fundamental analysis of SPG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPG 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 | 0.0826 | |||
| Jensen Alpha | 0.1985 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0372 | |||
| Treynor Ratio | (1.48) |
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Other Information on Investing in SPG Stock
SP Group financial ratios help investors to determine whether SPG 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 SPG with respect to the benefits of owning SP Group security.