DNB Norge (Ireland) Price on September 26, 2024
| 0P0001EFNG | 1,691 2.33 0.14% |
If you're considering investing in DNB Fund, it is important to understand the factors that can impact its price. As of today, the current price of DNB Norge stands at 1,691, as last reported on the 18th of December 2024, with the highest price reaching 1,691 and the lowest price hitting 1,691 during the day. At this point, DNB Norge is very steady. DNB Norge Selektiv retains Efficiency (Sharpe Ratio) of 0.0357, which denotes the fund had a 0.0357% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for DNB Norge, which you can use to evaluate the volatility of the entity. Please confirm DNB Norge's Market Risk Adjusted Performance of (1.66), coefficient of variation of 1322.76, and Downside Deviation of 0.6717 to check if the risk estimate we provide is consistent with the expected return of 0.0228%.
DNB Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
DNB |
Sharpe Ratio = 0.0357
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| Negative Returns | 0P0001EFNG |
Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average DNB Norge is performing at about 2% 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 DNB Norge by adding it to a well-diversified portfolio.
DNB Norge Valuation on September 26, 2024
It is possible to determine the worth of DNB Norge on a given historical date. On September 26, 2024 DNB was worth 1642.29 at the beginning of the trading date compared to the closed value of 1642.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DNB Norge fund. Still, in general, we apply an absolute valuation method to find DNB Norge'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 DNB Norge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DNB Norge's related companies.
| Open | High | Low | Close | Volume | |
| 1,655 | 1,655 | 1,655 | 1,655 | 1.00 | |
09/26/2024 | 1,642 | 1,642 | 1,642 | 1,642 | 1.00 |
| 1,657 | 1,657 | 1,657 | 1,657 | 1.00 |
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DNB Norge Trading Date Momentum on September 26, 2024
| On September 27 2024 DNB Norge Selektiv was traded for 1,657 at the closing time. The highest price during the trading period was 1,657 and the lowest recorded bid was listed for 1,657 . There was no trading activity during the period 1.0. Lack of trading volume on September 27, 2024 contributed to the next trading day price growth. The daily price change to the next closing price was 0.88% . The overall trading delta to the current price is 4.18% . |
Price Boundaries
DNB Norge Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
DNB Norge Selektiv cannot be verified against its exchange. Please verify the symbol is currently traded on Irish 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.
DNB Norge December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how DNB Norge fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DNB Norge shares will generate the highest return on investment. By undertsting and applying DNB Norge fund market strength indicators, traders can identify DNB Norge Selektiv entry and exit signals to maximize returns
DNB Norge Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DNB Norge's price direction in advance. Along with the technical and fundamental analysis of DNB Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of DNB 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 | 0.0536 | |||
| Jensen Alpha | 0.0405 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (1.67) |
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| Volume Indicators |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |