SP Group (Denmark) Price on November 19, 2024

SPG Stock  DKK 299.00  2.00  0.66%   
If you're considering investing in SPG Stock, it is important to understand the factors that can impact its price. As of today, the current price of SP Group stands at 299.00, as last reported on the 11th of December 2024, with the highest price reaching 303.50 and the lowest price hitting 298.50 during the day. SP Group AS retains Efficiency (Sharpe Ratio) of -0.0362, which indicates the firm had a -0.0362% return per unit of price deviation over the last 3 months. SP Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SP Group's Mean Deviation of 1.55, standard deviation of 1.98, and insignificant Risk Adjusted Performance to confirm the risk estimate we provide.
  
SPG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0362

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Estimated Market Risk

 1.99
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average SP Group 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 SP Group by adding SP Group to a well-diversified portfolio.

SP Group Valuation on November 19, 2024

It is possible to determine the worth of SP Group on a given historical date. On November 19, 2024 SPG was worth 317.0 at the beginning of the trading date compared to the closed value of 321.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SP Group stock. Still, in general, we apply an absolute valuation method to find SP Group'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 SP Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SP Group's related companies.
 Open High Low Close Volume
  314.50    324.50    310.00    314.00    19,890  
11/19/2024
  317.00    321.50    309.50    321.50    15,321  
  319.00    333.50    319.00    332.50    31,681  
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Open Value
317.0
311.04
Downside
321.5
Closing Value
322.96
Upside

SP Group Trading Date Momentum on November 19, 2024

On November 20 2024 SP Group AS was traded for  332.50  at the closing time. The maximum traded price for the trading interval was 333.50  and the lowest daily price was  319.00 . The daily volume was recorded at 31.7 K. The volume of trading on 20th of November 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 3.42% . The trading price change to the closing price today is 0.62% .

SP Group AS Fundamentals Correlations and Trends

By evaluating SP Group'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 SP Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SPG financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About SP Group Stock history

SP Group 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 SPG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SP Group AS 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 SP Group stock prices may prove useful in developing a viable investing in SP Group
SP Group AS manufactures and supplies moulded plastic components and coatings primarily in Denmark and other European countries, the Americas, Asia, Australia, and Africa. SP Group AS was founded in 1972 and is headquartered in Snders, Denmark. SP Group operates under Rubber Plastics classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 2098 people.

SP Group Stock Technical Analysis

SP Group 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.
A focus of SP Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SP Group 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

SP Group Period Price Range

Low
December 11, 2024
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High

 0.00 

     

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SP Group AS 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.

SP Group December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how SP Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SP Group shares will generate the highest return on investment. By undertsting and applying SP Group stock market strength indicators, traders can identify SP Group AS entry and exit signals to maximize returns

SP Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SP Group's price direction in advance. Along with the technical and fundamental analysis of SPG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPG 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 SPG Stock

SP Group financial ratios help investors to determine whether SPG 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 SPG with respect to the benefits of owning SP Group security.