Sparinvest INDEX (Denmark) Price on September 27, 2024
SPIEUVKL | DKK 120.45 0.12 0.1% |
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 INDEX stands at 120.45, as last reported on the 27th of November, with the highest price reaching 120.45 and the lowest price hitting 119.55 during the day. Sparinvest INDEX Europa owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0336, which indicates the fund had a -0.0336% return per unit of risk over the last 3 months. Sparinvest INDEX Europa exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sparinvest INDEX's Coefficient Of Variation of (5,441), variance of 0.4279, and Risk Adjusted Performance of (0.02) 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 = -0.0336
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SPIEUVKL |
Estimated Market Risk
0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sparinvest 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 Sparinvest INDEX by adding Sparinvest INDEX to a well-diversified portfolio.
Sparinvest INDEX Valuation on September 27, 2024
It is possible to determine the worth of Sparinvest INDEX on a given historical date. On September 27, 2024 Sparinvest was worth 124.58 at the beginning of the trading date compared to the closed value of 124.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sparinvest INDEX fund. Still, in general, we apply an absolute valuation method to find Sparinvest 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 Sparinvest INDEX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sparinvest INDEX's related companies.
Open | High | Low | Close | Volume | |
123.40 | 123.40 | 123.40 | 123.40 | 2,856 | |
09/27/2024 | 124.58 | 124.58 | 124.58 | 124.58 | 3,180 |
123.30 | 123.30 | 123.30 | 123.30 | 3,898 |
Backtest Sparinvest INDEX | | | Sparinvest INDEX History | Previous | Next |
Sparinvest INDEX Trading Date Momentum on September 27, 2024
On September 30 2024 Sparinvest INDEX Europa was traded for 123.30 at the closing time. The highest price during the trading period was 123.30 and the lowest recorded bid was listed for 123.30 . The volume for the day was 3.9 K. This history from September 30, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.03% . The trading price change to the current price is 1.46% . |
About Sparinvest INDEX Fund history
Sparinvest INDEX 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 INDEX Europa 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 INDEX stock prices may prove useful in developing a viable investing in Sparinvest INDEX
Sparinvest INDEX Fund Technical Analysis
Sparinvest INDEX 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 INDEX Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Sparinvest INDEX Europa 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 INDEX November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Sparinvest INDEX 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 INDEX shares will generate the highest return on investment. By undertsting and applying Sparinvest INDEX fund market strength indicators, traders can identify Sparinvest INDEX Europa entry and exit signals to maximize returns
Sparinvest INDEX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sparinvest INDEX'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 | (0.02) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | (0.09) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Sparinvest Fund
Sparinvest INDEX 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 INDEX security.
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |