DNB Norge (Ireland) Price on November 4, 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 Downside Deviation of 0.6717, market risk adjusted performance of (1.66), and Coefficient Of Variation of 1322.76 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
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| 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 November 4, 2024
It is possible to determine the worth of DNB Norge on a given historical date. On November 4, 2024 DNB was worth 1674.64 at the beginning of the trading date compared to the closed value of 1674.64. 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 | |
| 1,681 | 1,681 | 1,681 | 1,681 | 1.00 | |
11/04/2024 | 1,675 | 1,675 | 1,675 | 1,675 | 1.00 |
| 1,681 | 1,681 | 1,681 | 1,681 | 1.00 |
| Backtest DNB Norge | | | DNB Norge History | Previous | Next |
DNB Norge Trading Date Momentum on November 4, 2024
| On November 05 2024 DNB Norge Selektiv was traded for 1,681 at the closing time. The highest price during the trading period was 1,681 and the lowest recorded bid was listed for 1,681 . There was no trading activity during the period 1.0. Lack of trading volume on November 5, 2024 contributed to the next trading day price growth. The daily price change to the next closing price was 0.40% . The overall trading delta to the current price is 0.33% . |
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) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |