Sparindex INDEX (Denmark) Price on October 3, 2024
| SPVBEUKL | 124.40 0.50 0.40% |
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 124.40, as last reported on the 30th of March, with the highest price reaching 125.15 and the lowest price hitting 124.00 during the day. As of now, Sparindex Stock is very steady. Sparindex INDEX Bred owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for Sparindex INDEX Bredygtige, which you can use to evaluate the volatility of the company. Please validate Sparindex INDEX's Risk Adjusted Performance of 0.0018, coefficient of variation of 91850.87, and Semi Deviation of 1.3 to confirm if the risk estimate we provide is consistent with the expected return of 0.001%.
Sparindex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sparindex |
Sharpe Ratio = 0.0011
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| Negative Returns | SPVBEUKL |
Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
| ZLAB | Zai Lab | |
| ASLE | AerSale Corp | |
| ATS | AT S Austria |
Price Boundaries
Sparindex INDEX Period Price Range
Low | March 30, 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 March 30, 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.