Sparindex INDEX (Denmark) Price on January 4, 2025
| SPVBEUKL | 124.30 0.05 0.04% |
If you're considering investing in Sparindex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sparindex INDEX stands at 124.30, as last reported on the 6th of January, with the highest price reaching 124.70 and the lowest price hitting 124.05 during the day. Sparindex INDEX Bred owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0591, which indicates the firm had a -0.0591% return per unit of risk over the last 3 months. Sparindex INDEX Bredygtige exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sparindex INDEX's Variance of 0.5493, risk adjusted performance of (0.08), and Coefficient Of Variation of (972.40) to confirm the risk estimate we provide.
Sparindex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sparindex |
Sharpe Ratio = -0.0591
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SPVBEUKL |
Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sparindex INDEX 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 Sparindex INDEX by adding Sparindex INDEX to a well-diversified portfolio.
Sparindex INDEX Valuation on January 4, 2025
It is possible to determine the worth of Sparindex INDEX on a given historical date. On January 4, 2025 Sparindex was worth 124.25 at the beginning of the trading date compared to the closed value of 124.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sparindex INDEX stock. Still, in general, we apply an absolute valuation method to find Sparindex INDEX'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 Sparindex INDEX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sparindex INDEX's related companies.
| Open | High | Low | Close | Volume | |
| 124.35 | 124.55 | 123.75 | 124.25 | 1,781 | |
01/03/2025 | 124.25 | 124.70 | 124.05 | 124.30 | 8,264 |
| 124.25 | 124.70 | 124.05 | 124.30 | 0.00 |
| Backtest Sparindex INDEX | | | Sparindex INDEX History | Previous | Next |
Sparindex INDEX Trading Date Momentum on January 4, 2025
| On January 06 2025 Sparindex INDEX Bredygtige was traded for 124.30 at the closing time. The highest price during the trading period was 124.70 and the lowest recorded bid was listed for 124.05 . There was no trading activity during the period 0.0. Lack of trading volume on January 6, 2025 did not result in any price rise and fall. The trading price change to the current price is 0.04% . |
Price Boundaries
Sparindex INDEX Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Sparindex INDEX Bredygtige 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.
Sparindex INDEX January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Sparindex INDEX stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sparindex INDEX shares will generate the highest return on investment. By undertsting and applying Sparindex INDEX stock market strength indicators, traders can identify Sparindex INDEX Bredygtige entry and exit signals to maximize returns
Sparindex INDEX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sparindex INDEX's price direction in advance. Along with the technical and fundamental analysis of Sparindex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sparindex 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.