Deka IBoxx (Germany) Price on October 16, 2024
| EFQ8 Etf | EUR 99.37 0.26 0.26% |
If you're considering investing in Deka Etf, it is important to understand the factors that can impact its price. As of today, the current price of Deka IBoxx stands at 99.37, as last reported on the 20th of December, with the highest price reaching 99.37 and the lowest price hitting 99.37 during the day. At this point, Deka IBoxx is very steady. Deka iBoxx EUR secures Sharpe Ratio (or Efficiency) of 0.0702, which denotes the etf had a 0.0702% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Deka iBoxx EUR, which you can use to evaluate the volatility of the entity. Please confirm Deka IBoxx's Mean Deviation of 0.1888, coefficient of variation of 828.18, and Downside Deviation of 0.2473 to check if the risk estimate we provide is consistent with the expected return of 0.0169%.
Deka Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Deka |
Sharpe Ratio = 0.0702
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| Negative Returns | EFQ8 |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Deka IBoxx is performing at about 5% 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 Deka IBoxx by adding it to a well-diversified portfolio.
Deka IBoxx Valuation on October 16, 2024
It is possible to determine the worth of Deka IBoxx on a given historical date. On October 16, 2024 Deka was worth 98.53 at the beginning of the trading date compared to the closed value of 98.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deka IBoxx etf. Still, in general, we apply an absolute valuation method to find Deka IBoxx'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 Deka IBoxx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deka IBoxx's related companies.
| Open | High | Low | Close | Volume | |
| 98.07 | 98.43 | 98.07 | 98.42 | 1.00 | |
10/16/2024 | 98.53 | 98.53 | 98.53 | 98.53 | 1.00 |
| 98.61 | 98.61 | 98.61 | 98.61 | 1.00 |
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Deka IBoxx Trading Date Momentum on October 16, 2024
| On October 17 2024 Deka iBoxx EUR was traded for 98.61 at the closing time. The maximum traded price for the trading interval was 98.61 and the lowest daily price was 98.61 . There was no trading activity during the period 1.0. Lack of trading volume on 17th of October 2024 played a part in the next trading day price rise. The overall trading delta to the next closing price was 0.08% . The overall trading delta to the closing price today is 0.07% . |
Deka iBoxx EUR Fundamentals Correlations and Trends
By evaluating Deka IBoxx's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Deka IBoxx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Deka financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Deka IBoxx Etf history
Deka IBoxx 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 Deka is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Deka iBoxx EUR 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 Deka IBoxx stock prices may prove useful in developing a viable investing in Deka IBoxx
The investment seeks to track the price and performance yield, before fees and expenses, of the iBoxx Liquid Non-Financials Diversified index. Deka iBoxx is traded on Frankfurt Stock Exchange in Germany.
Deka IBoxx Etf Technical Analysis
Deka IBoxx technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Deka IBoxx Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Deka iBoxx EUR 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.
Deka IBoxx December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Deka IBoxx etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deka IBoxx shares will generate the highest return on investment. By undertsting and applying Deka IBoxx etf market strength indicators, traders can identify Deka iBoxx EUR entry and exit signals to maximize returns
Deka IBoxx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Deka IBoxx's price direction in advance. Along with the technical and fundamental analysis of Deka Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Deka 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 | 0.074 | |||
| Jensen Alpha | 0.0189 | |||
| Total Risk Alpha | 0.0127 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.4046 |
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Other Information on Investing in Deka Etf
Deka IBoxx financial ratios help investors to determine whether Deka Etf 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 Deka with respect to the benefits of owning Deka IBoxx security.