Deka EURO (Germany) Price on December 16, 2024

EL4G Etf  EUR 16.36  0.08  0.49%   
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 EURO stands at 16.36, as last reported on the 16th of December 2024, with the highest price reaching 16.36 and the lowest price hitting 16.36 during the day. Deka EURO STOXX secures Sharpe Ratio (or Efficiency) of -0.0678, which denotes the etf had a -0.0678% return per unit of risk over the last 3 months. Deka EURO STOXX exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deka EURO's Variance of 0.4757, standard deviation of 0.6897, and Mean Deviation of 0.5703 to check the risk estimate we provide.
  
Deka Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0678

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Estimated Market Risk

 0.68
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Deka EURO 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 Deka EURO by adding Deka EURO to a well-diversified portfolio.

Deka EURO Valuation on December 16, 2024

It is possible to determine the worth of Deka EURO on a given historical date. On December 16, 2024 Deka was worth 16.36 at the beginning of the trading date compared to the closed value of 16.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deka EURO etf. Still, in general, we apply an absolute valuation method to find Deka EURO'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 EURO where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deka EURO's related companies.
 Open High Low Close Volume
  16.44    16.44    16.44    16.44    211.00  
12/16/2024
  16.36    16.36    16.36    16.36    1.00  
Backtest Deka EURO  |  Deka EURO History  |  Deka EURO Valuation   Previous
Open Value
16.36
16.36
Closing Value
18.39
Upside

Deka EURO Trading Date Momentum on December 16, 2024

On December 16 2024 Deka EURO STOXX was traded for  16.36  at the closing time. The maximum traded price for the trading interval was 16.36  and the lowest daily price was  16.36 . There was no trading activity during the period 1.0. Lack of trading volume on 16th of December 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% .

Deka EURO STOXX Fundamentals Correlations and Trends

By evaluating Deka EURO'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 EURO'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 EURO Etf history

Deka EURO 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 EURO STOXX 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 EURO stock prices may prove useful in developing a viable investing in Deka EURO

Deka EURO Etf Technical Analysis

Deka EURO 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.
A focus of Deka EURO technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Deka EURO trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Deka EURO Period Price Range

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Deka EURO STOXX 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 EURO December 16, 2024 Market Strength

Market strength indicators help investors to evaluate how Deka EURO 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 EURO shares will generate the highest return on investment. By undertsting and applying Deka EURO etf market strength indicators, traders can identify Deka EURO STOXX entry and exit signals to maximize returns

Deka EURO Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Deka EURO'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.

Other Information on Investing in Deka Etf

Deka EURO 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 EURO security.