TecDAX (Germany) Price on January 22, 2025
TECDAX Index | 3,727 12.43 0.33% |
Below is the normalized historical share price chart for TecDAX extending back to July 09, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of TecDAX stands at 3,727, as last reported on the 3rd of February, with the highest price reaching 3,734 and the lowest price hitting 3,711 during the day.
If you're considering investing in TecDAX Index, it is important to understand the factors that can impact its price. TecDAX owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the index had a 0.23 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for TecDAX, which you can use to evaluate the volatility of the index. TecDAX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.2303
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Estimated Market Risk
0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average TecDAX is performing at about 18% 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 TecDAX by adding it to a well-diversified portfolio.
TecDAX Valuation on January 22, 2025
It is possible to determine the worth of TecDAX on a given historical date. On January 22, 2025 TecDAX was worth 3650.22 at the beginning of the trading date compared to the closed value of 3663.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TecDAX index. Still, in general, we apply an absolute valuation method to find TecDAX'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 TecDAX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TecDAX's related companies.
Open | High | Low | Close | Volume | |
3,603 | 3,642 | 3,603 | 3,642 | 13,924,953 | |
01/22/2025 | 3,650 | 3,671 | 3,650 | 3,664 | 18,308,066 |
3,651 | 3,672 | 3,643 | 3,657 | 17,020,078 |
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TecDAX Trading Date Momentum on January 22, 2025
On January 23 2025 TecDAX was traded for 3,657 at the closing time. The highest price during the trading period was 3,672 and the lowest recorded bid was listed for 3,643 . The volume for the day was 17 M. This history from January 23, 2025 contributed to the next trading day price decline. The trading price change to the next closing price was 0.18% . The trading price change to the current price is 1.53% . |
Price Boundaries
TecDAX Period Price Range
Low | February 3, 2025
| High |
0.00 | 0.00 |
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TecDAX February 3, 2025 Market Strength
Market strength indicators help investors to evaluate how TecDAX index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TecDAX shares will generate the highest return on investment. By undertsting and applying TecDAX index market strength indicators, traders can identify TecDAX entry and exit signals to maximize returns
TecDAX Technical Drivers
TecDAX February 3, 2025 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TecDAX's price direction in advance. Along with the technical and fundamental analysis of TecDAX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of TecDAX 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 | 0.1317 | |||
Mean Deviation | 0.6618 | |||
Semi Deviation | 0.7164 | |||
Downside Deviation | 0.8505 | |||
Coefficient Of Variation | 637.55 | |||
Standard Deviation | 0.8535 | |||
Variance | 0.7285 | |||
Information Ratio | 0.0647 | |||
Total Risk Alpha | 0.054 | |||
Sortino Ratio | 0.0649 | |||
Maximum Drawdown | 4.15 | |||
Value At Risk | (1.40) | |||
Potential Upside | 1.4 | |||
Downside Variance | 0.7233 | |||
Semi Variance | 0.5132 | |||
Expected Short fall | (0.72) | |||
Skewness | (0.19) | |||
Kurtosis | 0.2192 |
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Volume Indicators |