Algebris UCITS (Germany) Price on November 1, 2024
| 0P00018E8C | 149.35 0.26 0.17% |
If you're considering investing in Algebris Fund, it is important to understand the factors that can impact its price. As of today, the current price of Algebris UCITS stands at 149.35, as last reported on the 2nd of January, with the highest price reaching 149.35 and the lowest price hitting 149.35 during the day. At this point, Algebris UCITS is very steady. Algebris UCITS Funds secures Sharpe Ratio (or Efficiency) of 0.058, which signifies that the fund had a 0.058% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Algebris UCITS Funds, which you can use to evaluate the volatility of the entity. Please confirm Algebris UCITS's mean deviation of 0.1016, and Risk Adjusted Performance of 0.0251 to double-check if the risk estimate we provide is consistent with the expected return of 0.0077%.
Algebris Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Algebris |
Sharpe Ratio = 0.058
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| Negative Returns | 0P00018E8C |
Estimated Market Risk
| 0.13 actual daily | 1 99% 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 | 4 96% of assets perform better |
Based on monthly moving average Algebris UCITS is performing at about 4% 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 Algebris UCITS by adding it to a well-diversified portfolio.
Algebris UCITS Valuation on November 1, 2024
It is possible to determine the worth of Algebris UCITS on a given historical date. On November 1, 2024 Algebris was worth 148.69 at the beginning of the trading date compared to the closed value of 148.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Algebris UCITS fund. Still, in general, we apply an absolute valuation method to find Algebris UCITS'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 Algebris UCITS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Algebris UCITS's related companies.
| Open | High | Low | Close | Volume | |
| 148.57 | 148.57 | 148.57 | 148.57 | 1.00 | |
11/01/2024 | 148.69 | 148.69 | 148.69 | 148.69 | 1.00 |
| 148.59 | 148.59 | 148.59 | 148.59 | 1.00 |
| Backtest Algebris UCITS | | | Algebris UCITS History | Previous | Next |
Algebris UCITS Trading Date Momentum on November 1, 2024
| On November 04 2024 Algebris UCITS Funds was traded for 148.59 at the closing time. The highest price during the trading period was 148.59 and the lowest recorded bid was listed for 148.59 . There was no trading activity during the period 1.0. Lack of trading volume on November 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.07% . The overall trading delta to the current price is 0.27% . |
Price Boundaries
Algebris UCITS Period Price Range
Low | January 2, 2025
| High |
0.00 | 0.00 |
Algebris UCITS Funds cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Algebris UCITS January 2, 2025 Market Strength
Market strength indicators help investors to evaluate how Algebris UCITS fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Algebris UCITS shares will generate the highest return on investment. By undertsting and applying Algebris UCITS fund market strength indicators, traders can identify Algebris UCITS Funds entry and exit signals to maximize returns
Algebris UCITS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Algebris UCITS's price direction in advance. Along with the technical and fundamental analysis of Algebris Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Algebris 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 | 0.0251 | |||
| Jensen Alpha | 0.0024 | |||
| Total Risk Alpha | 0.0023 | |||
| Sortino Ratio | 0.0119 | |||
| Treynor Ratio | (0.29) |
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| Volume Indicators |
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