Sparinv SICAV (Denmark) Price on December 4, 2024
| SSIEGVEURR | EUR 296.70 0.20 0.07% |
If you're considering investing in Sparinv Fund, it is important to understand the factors that can impact its price. As of today, the current price of Sparinv SICAV stands at 296.70, as last reported on the 12th of December 2024, with the highest price reaching 296.70 and the lowest price hitting 296.50 during the day. At this point, Sparinv SICAV is very steady. Sparinv SICAV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the fund had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sparinv SICAV, which you can use to evaluate the volatility of the fund. Please validate Sparinv SICAV's Standard Deviation of 0.7346, downside deviation of 0.6004, and Risk Adjusted Performance of 0.1539 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
Sparinv Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sparinv |
Sharpe Ratio = 0.2128
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Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Sparinv SICAV is performing at about 16% 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 Sparinv SICAV by adding it to a well-diversified portfolio.
Sparinv SICAV Valuation on December 4, 2024
It is possible to determine the worth of Sparinv SICAV on a given historical date. On December 4, 2024 Sparinv was worth 299.5 at the beginning of the trading date compared to the closed value of 299.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sparinv SICAV fund. Still, in general, we apply an absolute valuation method to find Sparinv SICAV'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 Sparinv SICAV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sparinv SICAV's related companies.
| Open | High | Low | Close | Volume | |
| 299.50 | 299.50 | 299.50 | 299.50 | 99.00 | |
12/04/2024 | 299.50 | 299.50 | 299.50 | 299.50 | 1.00 |
| 297.00 | 297.00 | 297.00 | 297.00 | 140.00 |
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Sparinv SICAV Trading Date Momentum on December 4, 2024
| On December 05 2024 Sparinv SICAV was traded for 297.00 at the closing time. The highest price during the trading period was 297.00 and the lowest recorded bid was listed for 297.00 . The volume for the day was 140. This history from December 5, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.83% . The trading price change to the current price is 1.00% . |
About Sparinv SICAV Fund history
Sparinv SICAV 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 Sparinv is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sparinv SICAV 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 Sparinv SICAV stock prices may prove useful in developing a viable investing in Sparinv SICAV
Sparinv SICAV Fund Technical Analysis
Sparinv SICAV technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Sparinv SICAV Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Sparinv SICAV 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.
Sparinv SICAV December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Sparinv SICAV fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sparinv SICAV shares will generate the highest return on investment. By undertsting and applying Sparinv SICAV fund market strength indicators, traders can identify Sparinv SICAV entry and exit signals to maximize returns
Sparinv SICAV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sparinv SICAV's price direction in advance. Along with the technical and fundamental analysis of Sparinv Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sparinv 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 | 0.1539 | |||
| Jensen Alpha | 0.1264 | |||
| Total Risk Alpha | 0.0299 | |||
| Sortino Ratio | 0.053 | |||
| Treynor Ratio | 0.839 |
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| Volume Indicators |
Other Information on Investing in Sparinv Fund
Sparinv SICAV financial ratios help investors to determine whether Sparinv Fund 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 Sparinv with respect to the benefits of owning Sparinv SICAV security.
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| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |