ICEX Main (Iceland) Price on November 6, 2024
| OMXIPI Index | 2,302 19.05 0.83% |
Below is the normalized historical share price chart for ICEX Main extending back to January 09, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ICEX Main stands at 2,302, as last reported on the 28th of November, with the highest price reaching 2,302 and the lowest price hitting 2,276 during the day.
If you're considering investing in ICEX Index, it is important to understand the factors that can impact its price. ICEX Main holds Efficiency (Sharpe) Ratio of 0.25, which attests that the index had a 0.25% return per unit of return volatility over the last 3 months. We have found twenty-six technical indicators for ICEX Main, which you can use to evaluate the volatility of the entity. ICEX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.2454
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average ICEX Main is performing at about 19% 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 ICEX Main by adding it to a well-diversified portfolio.
ICEX Main Valuation on November 6, 2024
It is possible to determine the worth of ICEX Main on a given historical date. On November 6, 2024 ICEX was worth 2299.73 at the beginning of the trading date compared to the closed value of 2320.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ICEX Main index. Still, in general, we apply an absolute valuation method to find ICEX Main'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 ICEX Main where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ICEX Main's related companies.
| Open | High | Low | Close | Volume | |
| 2,302 | 2,302 | 2,287 | 2,300 | 144,608,096 | |
11/06/2024 | 2,300 | 2,329 | 2,300 | 2,321 | 408,338,688 |
| 2,321 | 2,325 | 2,300 | 2,308 | 111,783,384 |
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ICEX Main Trading Date Momentum on November 6, 2024
| On November 07 2024 ICEX Main was traded for 2,308 at the closing time. The highest price during the trading period was 2,325 and the lowest recorded bid was listed for 2,300 . The volume for the day was 111.8 M. This history from November 7, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.56% . The trading delta at closing time to the current price is 1.78% . |
Price Boundaries
ICEX Main Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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ICEX Main November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how ICEX Main index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ICEX Main shares will generate the highest return on investment. By undertsting and applying ICEX Main index market strength indicators, traders can identify ICEX Main entry and exit signals to maximize returns
ICEX Main Technical Drivers
ICEX Main November 28, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ICEX Main's price direction in advance. Along with the technical and fundamental analysis of ICEX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of ICEX 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 | 0.1613 | |||
| Mean Deviation | 0.5999 | |||
| Semi Deviation | 0.3395 | |||
| Downside Deviation | 0.5752 | |||
| Coefficient Of Variation | 474.04 | |||
| Standard Deviation | 0.7707 | |||
| Variance | 0.5939 | |||
| Information Ratio | 0.0417 | |||
| Total Risk Alpha | 0.0312 | |||
| Sortino Ratio | 0.0559 | |||
| Maximum Drawdown | 3.63 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 1.79 | |||
| Downside Variance | 0.3309 | |||
| Semi Variance | 0.1152 | |||
| Expected Short fall | (0.72) | |||
| Skewness | 0.873 | |||
| Kurtosis | 1.04 |
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| Volume Indicators |