Sparinvest Mellemlange (Denmark) Price on October 28, 2024
| SPIMLOKLA | DKK 101.95 0.15 0.15% |
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 Mellemlange stands at 101.95, as last reported on the 30th of November, with the highest price reaching 101.95 and the lowest price hitting 101.90 during the day. As of now, Sparinvest Fund is very steady. Sparinvest Mellemlange owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sparinvest Mellemlange, which you can use to evaluate the volatility of the fund. Please validate Sparinvest Mellemlange's Standard Deviation of 0.1697, risk adjusted performance of 0.1015, and Downside Deviation of 0.1951 to confirm if the risk estimate we provide is consistent with the expected return of 0.0321%.
Sparinvest Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sparinvest |
Sharpe Ratio = 0.1905
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Estimated Market Risk
| 0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Sparinvest Mellemlange is performing at about 15% 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 Sparinvest Mellemlange by adding it to a well-diversified portfolio.
Sparinvest Mellemlange Valuation on October 28, 2024
It is possible to determine the worth of Sparinvest Mellemlange on a given historical date. On October 28, 2024 Sparinvest was worth 101.4 at the beginning of the trading date compared to the closed value of 101.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sparinvest Mellemlange fund. Still, in general, we apply an absolute valuation method to find Sparinvest Mellemlange'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 Mellemlange where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sparinvest Mellemlange's related companies.
| Open | High | Low | Close | Volume | |
| 101.20 | 101.55 | 101.20 | 101.50 | 3,106 | |
10/28/2024 | 101.40 | 101.40 | 101.10 | 101.30 | 15,239 |
| 101.15 | 101.45 | 101.15 | 101.15 | 4,081 |
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Sparinvest Mellemlange Trading Date Momentum on October 28, 2024
| On October 29 2024 Sparinvest Mellemlange was traded for 101.15 at the closing time. The highest price during the trading period was 101.45 and the lowest recorded bid was listed for 101.15 . The volume for the day was 4.1 K. This history from October 29, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.15% . The trading price change to the current price is 0.10% . |
About Sparinvest Mellemlange Fund history
Sparinvest Mellemlange 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 Mellemlange 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 Mellemlange stock prices may prove useful in developing a viable investing in Sparinvest Mellemlange
Sparinvest Mellemlange Fund Technical Analysis
Sparinvest Mellemlange 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 Mellemlange Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Sparinvest Mellemlange November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Sparinvest Mellemlange 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 Mellemlange shares will generate the highest return on investment. By undertsting and applying Sparinvest Mellemlange fund market strength indicators, traders can identify Sparinvest Mellemlange entry and exit signals to maximize returns
Sparinvest Mellemlange Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sparinvest Mellemlange'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 | 0.1015 | |||
| Jensen Alpha | 0.0172 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.55) | |||
| Treynor Ratio | 0.843 |
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Other Information on Investing in Sparinvest Fund
Sparinvest Mellemlange 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 Mellemlange security.
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