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Sparindex Stock Performance

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SPISOKLA -- Denmark Stock  

DKK 137.25  0.75  0.54%

The entity has a beta of 0.0298, which indicates as returns on market increase, Sparindex INDEX returns are expected to increase less than the market. However, during bear market, the loss on holding Sparindex INDEX will be expected to be smaller as well. Even though it is essential to pay attention to Sparindex INDEX Stabile current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Sparindex INDEX Stabile Obl KL exposes twenty-one different technical indicators, which can help you to evaluate its performance. Sparindex INDEX Stabile has an expected return of -0.563%. Please be advised to validate Sparindex INDEX Variance as well as the relationship between Value At Risk and Skewness to decide if Sparindex INDEX Stabile stock performance from the past will be repeated at some point in the near future.
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Sparindex INDEX Risk-Adjusted Performance

Over the last 30 days Sparindex INDEX Stabile Obl KL has generated negative risk-adjusted returns adding no value to investors with long positions. Even with conflicting performance in the last few months, the Stock's technical indicators remain considerably steady which may send shares a bit higher in April 2020. The new chaos may also be a sign of medium term up-swing for the business stakeholders.
Fifty Two Week Low137.00
Fifty Two Week High137.25

Sparindex INDEX Relative Risk vs. Return Landscape

If you would invest  14,040  in Sparindex INDEX Stabile Obl KL on February 28, 2020 and sell it today you would lose (315.00)  from holding Sparindex INDEX Stabile Obl KL or give up 2.24% of portfolio value over 30 days. Sparindex INDEX Stabile Obl KL is generating negative expected returns and assumes 0.8459% volatility on return distribution over the 30 days horizon. Simply put, 7% of equities are less volatile than Sparindex INDEX and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
    
  Risk (%) 
Assuming 30 trading days horizon, Sparindex INDEX is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 4.47 times less risky than the market. the firm trades about -0.67 of its potential returns per unit of risk. The DOW is currently generating roughly -0.09 of returns per unit of risk over similar time horizon.

Sparindex INDEX Market Risk Analysis

Sharpe Ratio = -0.6655
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Sparindex INDEX Stock Performance Indicators

Estimated Market Risk
 0.85
  actual daily
 
 7 %
of total potential
 
77
Expected Return
 -0.56
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.67
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Sparindex INDEX is performing at about 0% 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 Sparindex INDEX by adding it to a well-diversified portfolio.

Sparindex INDEX Alerts

Equity Alerts and Improvement Suggestions

Sparindex INDEX is not yet fully synchronised with the market data
Sparindex INDEX generates negative expected return over the last 30 days
Additionally, take a look at World Market Map. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page