Pareto Nordic (Germany) Price on September 20, 2024
| 0P0001F6GT | 149.63 1.96 1.33% |
If you're considering investing in Pareto Fund, it is important to understand the factors that can impact its price. As of today, the current price of Pareto Nordic stands at 149.63, as last reported on the 24th of December, with the highest price reaching 149.63 and the lowest price hitting 149.63 during the day. Pareto Nordic Equity maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the entity had a -0.17% return per unit of risk over the last 3 months. Pareto Nordic Equity exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pareto Nordic's Coefficient Of Variation of (577.31), risk adjusted performance of (0.14), and Variance of 0.4238 to confirm the risk estimate we provide.
Pareto Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pareto |
Sharpe Ratio = -0.1703
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| Negative Returns | 0P0001F6GT |
Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pareto Nordic 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 Pareto Nordic by adding Pareto Nordic to a well-diversified portfolio.
Pareto Nordic Valuation on September 20, 2024
It is possible to determine the worth of Pareto Nordic on a given historical date. On September 20, 2024 Pareto was worth 159.95 at the beginning of the trading date compared to the closed value of 159.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pareto Nordic fund. Still, in general, we apply an absolute valuation method to find Pareto Nordic'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 Pareto Nordic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pareto Nordic's related companies.
| Open | High | Low | Close | Volume | |
| 161.42 | 161.42 | 161.42 | 161.42 | 1.00 | |
09/20/2024 | 159.95 | 159.95 | 159.95 | 159.95 | 1.00 |
| 159.83 | 159.83 | 159.83 | 159.83 | 1.00 |
| Backtest Pareto Nordic | | | Pareto Nordic History | Previous | Next |
Pareto Nordic Trading Date Momentum on September 20, 2024
| On September 23 2024 Pareto Nordic Equity was traded for 159.83 at the closing time. The highest price during the trading period was 159.83 and the lowest recorded bid was listed for 159.83 . There was no trading activity during the period 1.0. Lack of trading volume on September 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.08% . The trading delta at closing time to the current price is 0.03% . |
Price Boundaries
Pareto Nordic Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Pareto Nordic Equity 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.
Pareto Nordic December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Pareto Nordic fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pareto Nordic shares will generate the highest return on investment. By undertsting and applying Pareto Nordic fund market strength indicators, traders can identify Pareto Nordic Equity entry and exit signals to maximize returns
Pareto Nordic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pareto Nordic's price direction in advance. Along with the technical and fundamental analysis of Pareto Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pareto 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 | (0.14) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 72.21 |
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| Volume Indicators |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |