Fynske Bank (Denmark) Price on April 15, 2024
| FYNBK Stock | DKK 169.00 2.00 1.20% |
If you're considering investing in Fynske Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fynske Bank stands at 169.00, as last reported on the 5th of May, with the highest price reaching 169.00 and the lowest price hitting 167.00 during the day. We consider Fynske Bank very steady. Fynske Bank AS secures Sharpe Ratio (or Efficiency) of 0.0892, which denotes the company had a 0.0892% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fynske Bank AS, which you can use to evaluate the volatility of the firm. Please confirm Fynske Bank's Coefficient Of Variation of 1121.53, downside deviation of 1.56, and Mean Deviation of 1.24 to check if the risk estimate we provide is consistent with the expected return of 0.14%.
Fynske Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fynske |
Sharpe Ratio = 0.0892
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Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Fynske Bank 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 Fynske Bank by adding it to a well-diversified portfolio.
Fynske Bank Valuation on April 15, 2024
It is possible to determine the worth of Fynske Bank on a given historical date. On April 15, 2024 Fynske was worth 172.0 at the beginning of the trading date compared to the closed value of 175.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fynske Bank stock. Still, in general, we apply an absolute valuation method to find Fynske Bank'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 Fynske Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fynske Bank's related companies.
| Open | High | Low | Close | Volume | |
| 172.00 | 172.00 | 167.00 | 171.00 | 411.00 | |
04/15/2024 | 172.00 | 175.00 | 167.00 | 175.00 | 1,618 |
| 170.00 | 170.00 | 167.00 | 170.00 | 1,139 |
| Backtest Fynske Bank | | | Fynske Bank History | | | Fynske Bank Valuation | Previous | Next |
Fynske Bank Trading Date Momentum on April 15, 2024
| On April 16 2024 Fynske Bank AS was traded for 170.00 at the closing time. The highest price during the trading period was 170.00 and the lowest recorded bid was listed for 167.00 . The volume for the day was 1.1 K. This history from April 16, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.86% . The overall trading delta to the current price is 4.57% . |
Fynske Bank AS Fundamentals Correlations and Trends
By evaluating Fynske Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fynske Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fynske financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fynske Bank Stock history
Fynske Bank 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 Fynske is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fynske Bank AS 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 Fynske Bank stock prices may prove useful in developing a viable investing in Fynske Bank
Fynske Bank AS provides various banking products and services in Denmark. The company was founded in 1852 and is based in Svendborg, Denmark. Fynske Bank operates under Banking classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 169 people.
Fynske Bank Stock Technical Analysis
Fynske Bank 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
Fynske Bank Period Price Range
Low | April 15, 2024
| High |
172.00 | 175.00 |
Fynske Bank May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Fynske Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fynske Bank shares will generate the highest return on investment. By undertsting and applying Fynske Bank stock market strength indicators, traders can identify Fynske Bank AS entry and exit signals to maximize returns
Fynske Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fynske Bank's price direction in advance. Along with the technical and fundamental analysis of Fynske Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fynske 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 | 0.0622 | |||
| Jensen Alpha | 0.1445 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0383 | |||
| Treynor Ratio | (0.58) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fynske Bank AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Fynske Stock analysis
When running Fynske Bank's price analysis, check to measure Fynske Bank'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 Fynske Bank is operating at the current time. Most of Fynske Bank's value examination focuses on studying past and present price action to predict the probability of Fynske Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fynske Bank's price. Additionally, you may evaluate how the addition of Fynske Bank to your portfolios can decrease your overall portfolio volatility.
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