DKIDMOBL (Denmark) Performance
| DKIDMOBL | DKK 81.48 0.17 0.21% |
The etf shows a Beta (market volatility) of 0.057, which means not very significant fluctuations relative to the market. As returns on the market increase, DKIDMOBL's returns are expected to increase less than the market. However, during the bear market, the loss of holding DKIDMOBL is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Investeringsforeningen Danske Invest has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong primary indicators, DKIDMOBL is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Fifty Two Week Low | 97.24 | |
| Fifty Two Week High | 97.32 |
DKIDMOBL |
DKIDMOBL Relative Risk vs. Return Landscape
If you would invest 8,215 in Investeringsforeningen Danske Invest on January 26, 2024 and sell it today you would lose (67.00) from holding Investeringsforeningen Danske Invest or give up 0.82% of portfolio value over 90 days. Investeringsforeningen Danske Invest is generating negative expected returns and assumes 0.2291% volatility on return distribution over the 90 days horizon. Simply put, 2% of etfs are less volatile than DKIDMOBL, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
DKIDMOBL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DKIDMOBL's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Investeringsforeningen Danske Invest, and traders can use it to determine the average amount a DKIDMOBL's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0575
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| Negative Returns | DKIDMOBL |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DKIDMOBL is not performing at its full potential. However, 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 DKIDMOBL by adding DKIDMOBL to a well-diversified portfolio.
About DKIDMOBL Performance
To evaluate Investeringsforeningen Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when DKIDMOBL generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare DKIDMOBL Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Investeringsforeningen market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents DKIDMOBL's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| DKIDMOBL generated a negative expected return over the last 90 days |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Investeringsforeningen Danske Invest. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Please note, there is a significant difference between DKIDMOBL's value and its price as these two are different measures arrived at by different means. Investors typically determine if DKIDMOBL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DKIDMOBL'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.