Sparinvest Europa (Denmark) Price on August 11, 2023
SPIEUGKL | DKK 158.50 0.58 0.36% |
If you're considering investing in Sparinvest Fund, it is important to understand the factors that can impact its price. As of today, the current price of Sparinvest Europa stands at 158.50, as last reported on the 27th of November, with the highest price reaching 158.90 and the lowest price hitting 158.10 during the day. Sparinvest Europa Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0929, which indicates the fund had a -0.0929% return per unit of risk over the last 3 months. Sparinvest Europa Growth exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sparinvest Europa's Variance of 0.7588, coefficient of variation of (1,465), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
Sparinvest Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sparinvest |
Sharpe Ratio = -0.0929
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Estimated Market Risk
0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sparinvest Europa 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 Sparinvest Europa by adding Sparinvest Europa to a well-diversified portfolio.
Sparinvest Europa Valuation on August 11, 2023
It is possible to determine the worth of Sparinvest Europa on a given historical date. On August 11, 2023 Sparinvest was worth 150.52 at the beginning of the trading date compared to the closed value of 150.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sparinvest Europa fund. Still, in general, we apply an absolute valuation method to find Sparinvest Europa'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 Sparinvest Europa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sparinvest Europa's related companies.
Open | High | Low | Close | Volume | |
152.53 | 152.53 | 152.53 | 152.53 | 12,197 | |
08/11/2023 | 150.52 | 150.52 | 150.52 | 150.52 | 6,544 |
150.79 | 150.79 | 150.79 | 150.79 | 9,863 |
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Sparinvest Europa Trading Date Momentum on August 11, 2023
On August 14 2023 Sparinvest Europa Growth was traded for 150.79 at the closing time. The highest price during the trading period was 150.79 and the lowest recorded bid was listed for 150.79 . The volume for the day was 9.9 K. This history from August 14, 2023 contributed to the next trading day price upswing. The trading price change to the next closing price was 0.18% . The trading price change to the current price is 2.53% . |
About Sparinvest Europa Fund history
Sparinvest Europa 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 Sparinvest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sparinvest Europa Growth 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 Sparinvest Europa stock prices may prove useful in developing a viable investing in Sparinvest Europa
Sparinvest Europa Fund Technical Analysis
Sparinvest Europa technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Sparinvest Europa Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Sparinvest Europa Growth 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.
Sparinvest Europa November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Sparinvest Europa fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sparinvest Europa shares will generate the highest return on investment. By undertsting and applying Sparinvest Europa fund market strength indicators, traders can identify Sparinvest Europa Growth entry and exit signals to maximize returns
Sparinvest Europa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sparinvest Europa's price direction in advance. Along with the technical and fundamental analysis of Sparinvest Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sparinvest 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 | (0.05) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | (0.15) |
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Volume Indicators |
Other Information on Investing in Sparinvest Fund
Sparinvest Europa financial ratios help investors to determine whether Sparinvest Fund 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 Sparinvest with respect to the benefits of owning Sparinvest Europa security.
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