BankInvest Danske (Denmark) Price on January 24, 2024
| BAIDKAA Fund | DKK 114.60 0.45 0.39% |
If you're considering investing in BankInvest Fund, it is important to understand the factors that can impact its price. As of today, the current price of BankInvest Danske stands at 114.60, as last reported on the 2nd of May, with the highest price reaching 115.05 and the lowest price hitting 114.10 during the day. We consider BankInvest Danske very steady. BankInvest Danske secures Sharpe Ratio (or Efficiency) of 0.0866, which signifies that the fund had a 0.0866% return per unit of risk over the last 3 months. We have found thirty technical indicators for BankInvest Danske, which you can use to evaluate the volatility of the entity. Please confirm BankInvest Danske's Risk Adjusted Performance of 0.0565, downside deviation of 0.6722, and Mean Deviation of 0.5006 to double-check if the risk estimate we provide is consistent with the expected return of 0.0606%.
BankInvest Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
BankInvest |
Sharpe Ratio = 0.0866
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Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average BankInvest Danske is performing at about 6% 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 BankInvest Danske by adding it to a well-diversified portfolio.
BankInvest Danske Valuation on January 24, 2024
It is possible to determine the worth of BankInvest Danske on a given historical date. On January 24, 2024 BankInvest was worth 114.0 at the beginning of the trading date compared to the closed value of 108.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BankInvest Danske fund. Still, in general, we apply an absolute valuation method to find BankInvest Danske'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 BankInvest Danske where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BankInvest Danske's related companies.
| Open | High | Low | Close | Volume | |
| 114.00 | 114.35 | 108.11 | 108.11 | 9,222 | |
01/24/2024 | 114.00 | 114.50 | 108.16 | 108.16 | 18,029 |
| 114.80 | 115.05 | 109.30 | 109.30 | 63,240 |
| Backtest BankInvest Danske | | | BankInvest Danske History | Previous | Next |
BankInvest Danske Trading Date Momentum on January 24, 2024
| On January 25 2024 BankInvest Danske was traded for 109.30 at the closing time. The highest price during the trading period was 115.05 and the lowest recorded bid was listed for 109.30 . The volume for the day was 63.2 K. This history from January 25, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.05% . The overall trading delta to the current price is 7.43% . |
About BankInvest Danske Fund history
BankInvest Danske 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 BankInvest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BankInvest Danske 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 BankInvest Danske stock prices may prove useful in developing a viable investing in BankInvest Danske
BankInvest Danske Fund Technical Analysis
BankInvest Danske 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
BankInvest Danske Period Price Range
Low | January 24, 2024
| High |
114.00 | 108.16 |
BankInvest Danske May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how BankInvest Danske fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BankInvest Danske shares will generate the highest return on investment. By undertsting and applying BankInvest Danske fund market strength indicators, traders can identify BankInvest Danske entry and exit signals to maximize returns
| Accumulation Distribution | 998.29 | |||
| Daily Balance Of Power | (0.92) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 111.33 | |||
| Day Typical Price | 110.27 | |||
| Market Facilitation Index | 4.0E-4 | |||
| Price Action Indicator | (6.09) | |||
| Period Momentum Indicator | 6.44 | |||
| Relative Strength Index | 34.84 |
BankInvest Danske Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BankInvest Danske's price direction in advance. Along with the technical and fundamental analysis of BankInvest Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of BankInvest 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 | 0.0565 | |||
| Jensen Alpha | 0.049 | |||
| Total Risk Alpha | 0.0015 | |||
| Sortino Ratio | 0.0081 | |||
| Treynor Ratio | 1.38 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BankInvest Danske. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Please note, there is a significant difference between BankInvest Danske's value and its price as these two are different measures arrived at by different means. Investors typically determine if BankInvest Danske is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BankInvest Danske's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.