Danske Invest (Denmark) Price on April 17, 2024
| DKIEUADKKH | DKK 323.10 0.13 0.04% |
If you're considering investing in Danske Stock, it is important to understand the factors that can impact its price. As of today, the current price of Danske Invest stands at 323.10, as last reported on the 4th of May, with the highest price reaching 323.60 and the lowest price hitting 323.10 during the day. We consider Danske Invest very steady. Danske Invest Europa secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Danske Invest Europa, which you can use to evaluate the volatility of the firm. Please confirm Danske Invest's Coefficient Of Variation of 763.28, downside deviation of 0.5406, and Mean Deviation of 0.4342 to check if the risk estimate we provide is consistent with the expected return of 0.0715%.
Danske Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Danske |
Sharpe Ratio = 0.1177
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Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Danske Invest is performing at about 9% 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 Danske Invest by adding it to a well-diversified portfolio.
Danske Invest Valuation on April 17, 2024
It is possible to determine the worth of Danske Invest on a given historical date. On April 17, 2024 Danske was worth 322.2 at the beginning of the trading date compared to the closed value of 322.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Danske Invest stock. Still, in general, we apply an absolute valuation method to find Danske Invest'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 Danske Invest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Danske Invest's related companies.
| Open | High | Low | Close | Volume | |
| 322.45 | 322.45 | 322.45 | 322.45 | 117.00 | |
04/17/2024 | 322.20 | 322.20 | 322.20 | 322.20 | 322.00 |
| 321.57 | 321.57 | 321.57 | 321.57 | 2,500 |
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Danske Invest Trading Date Momentum on April 17, 2024
| On April 18 2024 Danske Invest Europa was traded for 321.57 at the closing time. The highest price during the trading period was 321.57 and the lowest recorded bid was listed for 321.57 . The volume for the day was 2.5 K. This history from April 18, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.20% . The overall trading delta to the current price is 2.03% . |
About Danske Invest Stock history
Danske Invest 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 Danske is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Danske Invest 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 Danske Invest stock prices may prove useful in developing a viable investing in Danske Invest
Danske Invest Stock Technical Analysis
Danske Invest technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Danske Invest Period Price Range
Low | April 17, 2024
| High |
322.20 | 322.20 |
Danske Invest May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Danske Invest stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Danske Invest shares will generate the highest return on investment. By undertsting and applying Danske Invest stock market strength indicators, traders can identify Danske Invest Europa entry and exit signals to maximize returns
Danske Invest Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Danske Invest's price direction in advance. Along with the technical and fundamental analysis of Danske Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Danske 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 | 0.0818 | |||
| Jensen Alpha | 0.0598 | |||
| Total Risk Alpha | 0.0022 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.7596 |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danske Invest Europa. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Danske Stock analysis
When running Danske Invest's price analysis, check to measure Danske Invest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danske Invest is operating at the current time. Most of Danske Invest's value examination focuses on studying past and present price action to predict the probability of Danske Invest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danske Invest's price. Additionally, you may evaluate how the addition of Danske Invest to your portfolios can decrease your overall portfolio volatility.
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