Renaissance Europe (Germany) Price on October 22, 2024
| 0P0001C9BZ | 270.45 2.34 0.86% |
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 270.45, as last reported on the 7th of January, with the highest price reaching 270.45 and the lowest price hitting 270.45 during the day. Renaissance Europe maintains Sharpe Ratio (i.e., Efficiency) of -0.0952, which implies the entity had a -0.0952% return per unit of risk over the last 3 months. Renaissance Europe exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Renaissance Europe's Variance of 0.6784, coefficient of variation of (837.35), and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide.
Renaissance Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Renaissance |
Sharpe Ratio = -0.0952
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| Negative Returns | 0P0001C9BZ |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Renaissance Europe 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 Renaissance Europe by adding Renaissance Europe to a well-diversified portfolio.
Renaissance Europe Valuation on October 22, 2024
It is possible to determine the worth of Renaissance Europe on a given historical date. On October 22, 2024 Renaissance was worth 283.62 at the beginning of the trading date compared to the closed value of 283.62. 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 | |
| 283.77 | 283.77 | 283.77 | 283.77 | 1.00 | |
10/22/2024 | 283.62 | 283.62 | 283.62 | 283.62 | 1.00 |
| 282.28 | 282.28 | 282.28 | 282.28 | 1.00 |
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Renaissance Europe Trading Date Momentum on October 22, 2024
| On October 23 2024 Renaissance Europe Z was traded for 282.28 at the closing time. The highest price during the trading period was 282.28 and the lowest recorded bid was listed for 282.28 . There was no trading activity during the period 1.0. Lack of trading volume on October 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.47% . The trading delta at closing time to the current price is 3.37% . |
Price Boundaries
Renaissance Europe Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
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Renaissance Europe January 7, 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 | (0.1) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 0.7087 |
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |