Sydbank AS (Denmark) Price on February 7, 2024
| SYDB Stock | DKK 355.20 6.80 1.88% |
If you're considering investing in Sydbank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sydbank AS stands at 355.20, as last reported on the 7th of May, with the highest price reaching 364.40 and the lowest price hitting 351.80 during the day. Sydbank AS appears to be very steady, given 3 months investment horizon. Sydbank AS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sydbank AS, which you can use to evaluate the volatility of the company. Please review Sydbank AS's Semi Deviation of 0.9581, risk adjusted performance of 0.1376, and Coefficient Of Variation of 475.85 to confirm if our risk estimates are consistent with your expectations.
Sydbank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sydbank |
Sharpe Ratio = 0.2173
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Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average Sydbank AS is performing at about 16% 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 Sydbank AS by adding it to a well-diversified portfolio.
Sydbank AS Valuation on February 7, 2024
It is possible to determine the worth of Sydbank AS on a given historical date. On February 7, 2024 Sydbank was worth 315.8 at the beginning of the trading date compared to the closed value of 284.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sydbank AS stock. Still, in general, we apply an absolute valuation method to find Sydbank AS'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 Sydbank AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sydbank AS's related companies.
| Open | High | Low | Close | Volume | |
| 313.60 | 317.80 | 290.05 | 290.05 | 85,356 | |
02/07/2024 | 315.80 | 316.00 | 284.53 | 284.53 | 104,636 |
| 311.60 | 315.20 | 289.50 | 289.50 | 96,391 |
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Sydbank AS Trading Date Momentum on February 7, 2024
| On February 08 2024 Sydbank AS was traded for 289.50 at the closing time. The highest price during the trading period was 315.20 and the lowest recorded bid was listed for 289.50 . The volume for the day was 96.4 K. This history from February 8, 2024 contributed to the next trading day price boost. The trading price change to the next closing price was 1.75% . The trading price change to the current price is 15.98% . |
Sydbank AS Fundamentals Correlations and Trends
By evaluating Sydbank AS'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 Sydbank AS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sydbank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sydbank AS Stock history
Sydbank AS 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 Sydbank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sydbank 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 Sydbank AS stock prices may prove useful in developing a viable investing in Sydbank AS
Sydbank AS, together with its subsidiaries, provides various banking products and services to corporate and retail customers in Denmark and internationally. Sydbank AS was founded in 1970 and is headquartered in Aabenraa, Denmark. Sydbank AS operates under BanksRegional classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 2126 people.
Sydbank AS Stock Technical Analysis
Sydbank AS 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
Sydbank AS Period Price Range
Low | February 7, 2024
| High |
315.80 | 284.53 |
Sydbank AS May 7, 2024 Market Strength
Market strength indicators help investors to evaluate how Sydbank AS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sydbank AS shares will generate the highest return on investment. By undertsting and applying Sydbank AS stock market strength indicators, traders can identify Sydbank AS entry and exit signals to maximize returns
| Accumulation Distribution | 10420.55 | |||
| Daily Balance Of Power | (0.99) | |||
| Rate Of Daily Change | 0.9 | |||
| Day Median Price | 300.27 | |||
| Day Typical Price | 295.02 | |||
| Market Facilitation Index | 3.0E-4 | |||
| Price Action Indicator | (31.37) | |||
| Period Momentum Indicator | 70.67 | |||
| Relative Strength Index | 56.42 |
Sydbank AS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sydbank AS's price direction in advance. Along with the technical and fundamental analysis of Sydbank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sydbank 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 | 0.1376 | |||
| Jensen Alpha | 0.3339 | |||
| Total Risk Alpha | 0.172 | |||
| Sortino Ratio | 0.2157 | |||
| Treynor Ratio | 1.28 |
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sydbank 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 board of governors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Sydbank Stock analysis
When running Sydbank AS's price analysis, check to measure Sydbank AS'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 Sydbank AS is operating at the current time. Most of Sydbank AS's value examination focuses on studying past and present price action to predict the probability of Sydbank AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sydbank AS's price. Additionally, you may evaluate how the addition of Sydbank AS to your portfolios can decrease your overall portfolio volatility.
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