Renaissance Europe (Germany) Price on January 3, 2025
| 0P0001C9BZ | 271.68 3.11 1.16% |
If you're considering investing in Renaissance Fund, it is important to understand the factors that can impact its price. As of today, the current price of Renaissance Europe stands at 271.68, as last reported on the 28th of March, with the highest price reaching 271.68 and the lowest price hitting 271.68 during the day. At this point, Renaissance Europe is very steady. Renaissance Europe maintains Sharpe Ratio (i.e., Efficiency) of 0.0317, which implies the entity had a 0.0317 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Renaissance Europe, which you can use to evaluate the volatility of the fund. Please check Renaissance Europe's Risk Adjusted Performance of (0.02), coefficient of variation of (3,626), and Variance of 0.7599 to confirm if the risk estimate we provide is consistent with the expected return of 0.027%.
Renaissance Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Renaissance |
Sharpe Ratio = 0.0317
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 0P0001C9BZ |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Renaissance Europe is performing at about 2% 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 Renaissance Europe by adding it to a well-diversified portfolio.
Renaissance Europe Valuation on January 3, 2025
It is possible to determine the worth of Renaissance Europe on a given historical date. On January 3, 2025 Renaissance was worth 267.59 at the beginning of the trading date compared to the closed value of 267.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Renaissance Europe fund. Still, in general, we apply an absolute valuation method to find Renaissance Europe'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 Renaissance Europe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Renaissance Europe's related companies.
| Open | High | Low | Close | Volume | |
| 270.45 | 270.45 | 270.45 | 270.45 | 1.00 | |
01/03/2025 | 267.59 | 267.59 | 267.59 | 267.59 | 1.00 |
| 272.79 | 272.79 | 272.79 | 272.79 | 1.00 |
| Backtest Renaissance Europe | | | Renaissance Europe History | Previous | Next |
Renaissance Europe Trading Date Momentum on January 3, 2025
| On January 06 2025 Renaissance Europe Z was traded for 272.79 at the closing time. The highest price during the trading period was 272.79 and the lowest recorded bid was listed for 272.79 . There was no trading activity during the period 1.0. Lack of trading volume on January 6, 2025 contributed to the next trading day price growth. The daily price change to the next closing price was 1.94% . The trading delta at closing time to the current price is 0.72% . |
Price Boundaries
Renaissance Europe Period Price Range
Low | March 28, 2025
| High |
0.00 | 0.00 |
Renaissance Europe Z 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.
Renaissance Europe March 28, 2025 Market Strength
Market strength indicators help investors to evaluate how Renaissance Europe fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Renaissance Europe shares will generate the highest return on investment. By undertsting and applying Renaissance Europe fund market strength indicators, traders can identify Renaissance Europe Z entry and exit signals to maximize returns
Renaissance Europe Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Renaissance Europe's price direction in advance. Along with the technical and fundamental analysis of Renaissance Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Renaissance 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 | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 0.3315 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |