Danske Andelskassers (Denmark) Price on May 24, 2024
| DAB Stock | DKK 12.80 0.55 4.49% |
If you're considering investing in Danske Stock, it is important to understand the factors that can impact its price. As of today, the current price of Danske Andelskassers stands at 12.80, as last reported on the 11th of December 2024, with the highest price reaching 12.85 and the lowest price hitting 12.25 during the day. As of now, Danske Stock is not too volatile. Danske Andelskassers Bank secures Sharpe Ratio (or Efficiency) of 0.0775, which denotes the company had a 0.0775% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Danske Andelskassers Bank, which you can use to evaluate the volatility of the firm. Please confirm Danske Andelskassers' Coefficient Of Variation of 1309.4, mean deviation of 1.01, and Downside Deviation of 1.21 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
Danske Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Danske |
Sharpe Ratio = 0.0775
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Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Danske Andelskassers is performing at about 6% 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 Danske Andelskassers by adding it to a well-diversified portfolio.
Danske Andelskassers Valuation on May 24, 2024
It is possible to determine the worth of Danske Andelskassers on a given historical date. On May 24, 2024 Danske was worth 12.2 at the beginning of the trading date compared to the closed value of 12.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Danske Andelskassers stock. Still, in general, we apply an absolute valuation method to find Danske Andelskassers' 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 Danske Andelskassers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Danske Andelskassers' related companies.
| Open | High | Low | Close | Volume | |
| 12.25 | 12.50 | 12.10 | 12.40 | 34,879 | |
05/24/2024 | 12.20 | 12.45 | 12.20 | 12.25 | 14,084 |
| 12.05 | 12.15 | 12.05 | 12.10 | 20,848 |
| Backtest Danske Andelskassers | | | Danske Andelskassers History | | | Danske Andelskassers Valuation | Previous | Next |
Danske Andelskassers Trading Date Momentum on May 24, 2024
| On May 27 2024 Danske Andelskassers Bank was traded for 12.10 at the closing time. The maximum traded price for the trading interval was 12.15 and the lowest daily price was 12.05 . The daily volume was recorded at 20.8 K. The volume of trading on 27th of May 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.22% . The overall trading delta to the closing price today is 1.63% . |
Danske Andelskassers Bank Fundamentals Correlations and Trends
By evaluating Danske Andelskassers' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Danske Andelskassers' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Danske financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Danske Andelskassers Stock history
Danske Andelskassers investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Danske is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Danske Andelskassers Bank will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Danske Andelskassers stock prices may prove useful in developing a viable investing in Danske Andelskassers
Danske Andelskassers Bank AS provides various banking products and services to private, small and medium-sized business, and institutional customers in Denmark. The company was founded in 1969 and is headquartered in Tjele, Denmark. Danske Andelskassers operates under Banks - Regional - Europe classification in Denmark and is traded on Copenhagen Stock Exchange.
Danske Andelskassers Stock Technical Analysis
Danske Andelskassers technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Danske Andelskassers Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Danske Andelskassers Bank cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
Danske Andelskassers December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Danske Andelskassers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Danske Andelskassers shares will generate the highest return on investment. By undertsting and applying Danske Andelskassers stock market strength indicators, traders can identify Danske Andelskassers Bank entry and exit signals to maximize returns
Danske Andelskassers Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Danske Andelskassers' price direction in advance. Along with the technical and fundamental analysis of Danske Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Danske 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 | 0.06 | |||
| Jensen Alpha | 0.1116 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.79) |
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Other Information on Investing in Danske Stock
Danske Andelskassers financial ratios help investors to determine whether Danske Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Danske with respect to the benefits of owning Danske Andelskassers security.