OMX Copenhagen (Denmark) Price on November 17, 2022
| OMXCPI Index | 1,814 11.13 0.61% |
Below is the normalized historical share price chart for OMX Copenhagen All extending back to February 13, 2001. 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 OMX Copenhagen stands at 1,814, as last reported on the 19th of April, with the highest price reaching 1,832 and the lowest price hitting 1,805 during the day.
If you're considering investing in OMX Index, it is important to understand the factors that can impact its price. OMX Copenhagen All maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the entity had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for OMX Copenhagen All, which you can use to evaluate the volatility of the index. OMX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.1316
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | OMXCPI | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average OMX Copenhagen is performing at about 10% 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 OMX Copenhagen by adding it to a well-diversified portfolio.
OMX Copenhagen Valuation on November 17, 2022
It is possible to determine the worth of OMX Copenhagen on a given historical date. On November 17, 2022 OMX was worth 1307.76 at the beginning of the trading date compared to the closed value of 1308.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OMX Copenhagen index. Still, in general, we apply an absolute valuation method to find OMX Copenhagen'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 OMX Copenhagen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OMX Copenhagen's related companies.
| Open | High | Low | Close | Volume | |
| 1,326 | 1,328 | 1,308 | 1,310 | 21,660,000 | |
11/17/2022 | 1,308 | 1,314 | 1,301 | 1,308 | 31,160,000 |
| 1,307 | 1,315 | 1,299 | 1,313 | 21,910,000 |
| Backtest OMX Copenhagen | | | OMX Copenhagen History | Previous | Next |
OMX Copenhagen Trading Date Momentum on November 17, 2022
| On November 18 2022 OMX Copenhagen All was traded for 1,313 at the closing time. The highest price during the trading period was 1,315 and the lowest recorded bid was listed for 1,299 . The volume for the day was 21.9 M. This history from November 18, 2022 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.40% . The trading delta at closing time to the current price is 2.38% . |
Price Boundaries
OMX Copenhagen Period Price Range
Low | November 17, 2022
| High |
1,308 | 1,308 |
OMX Copenhagen April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how OMX Copenhagen index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OMX Copenhagen shares will generate the highest return on investment. By undertsting and applying OMX Copenhagen index market strength indicators, traders can identify OMX Copenhagen All entry and exit signals to maximize returns
| Accumulation Distribution | 309210.0 | |||
| Daily Balance Of Power | 0.0192 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1307.56 | |||
| Day Typical Price | 1307.71 | |||
| Price Action Indicator | 0.58 | |||
| Period Momentum Indicator | 506.48 |
OMX Copenhagen Technical Drivers
OMX Copenhagen April 19, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OMX Copenhagen's price direction in advance. Along with the technical and fundamental analysis of OMX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of OMX 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 | 0.0777 | |||
| Mean Deviation | 0.7308 | |||
| Semi Deviation | 0.6545 | |||
| Downside Deviation | 0.8056 | |||
| Coefficient Of Variation | 838.71 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.05 | |||
| Information Ratio | 0.0523 | |||
| Total Risk Alpha | 0.015 | |||
| Sortino Ratio | 0.0665 | |||
| Maximum Drawdown | 6.45 | |||
| Value At Risk | (1.14) | |||
| Potential Upside | 1.66 | |||
| Downside Variance | 0.649 | |||
| Semi Variance | 0.4284 | |||
| Expected Short fall | (0.81) | |||
| Skewness | 1.54 | |||
| Kurtosis | 5.57 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any index could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the CEOs Directory module to screen CEOs from public companies around the world.