Deka IBoxx (Germany) Price on December 15, 2024

EFQ8 Etf  EUR 99.91  0.39  0.39%   
If you're considering investing in Deka Etf, it is important to understand the factors that can impact its price. As of today, the current price of Deka IBoxx stands at 99.91, as last reported on the 16th of December 2024, with the highest price reaching 99.91 and the lowest price hitting 99.91 during the day. At this point, Deka IBoxx is very steady. Deka iBoxx EUR secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the etf had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Deka iBoxx EUR, which you can use to evaluate the volatility of the entity. Please confirm Deka IBoxx's Downside Deviation of 0.2565, mean deviation of 0.1935, and Coefficient Of Variation of 720.39 to check if the risk estimate we provide is consistent with the expected return of 0.0299%.
  
Deka Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1182

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Estimated Market Risk

 0.25
  actual daily
2
98% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Deka IBoxx is performing at about 9% 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 Deka IBoxx by adding it to a well-diversified portfolio.

Deka IBoxx Valuation on December 15, 2024

It is possible to determine the worth of Deka IBoxx on a given historical date. On December 15, 2024 Deka was worth 99.91 at the beginning of the trading date compared to the closed value of 99.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deka IBoxx etf. Still, in general, we apply an absolute valuation method to find Deka IBoxx'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 Deka IBoxx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deka IBoxx's related companies.
 Open High Low Close Volume
  99.91    99.91    99.91    99.91    1.00  
12/16/2024
  99.91    99.91    99.91    99.91    0.00  
Backtest Deka IBoxx  |  Deka IBoxx History  |  Deka IBoxx Valuation   Previous
Open Value
99.91
99.91
Closing Value
100.67
Upside

Deka IBoxx Trading Date Momentum on December 15, 2024

On December 16 2024 Deka iBoxx EUR was traded for  99.91  at the closing time. The maximum traded price for the trading interval was 99.91  and the lowest daily price was  99.91 . There was no trading activity during the period 0.0. Lack of trading volume on 16th of December 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% .

Deka iBoxx EUR Fundamentals Correlations and Trends

By evaluating Deka IBoxx's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Deka IBoxx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Deka financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Deka IBoxx Etf history

Deka IBoxx 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 Deka is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Deka iBoxx EUR 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 Deka IBoxx stock prices may prove useful in developing a viable investing in Deka IBoxx
The investment seeks to track the price and performance yield, before fees and expenses, of the iBoxx Liquid Non-Financials Diversified index. Deka iBoxx is traded on Frankfurt Stock Exchange in Germany.

Deka IBoxx Etf Technical Analysis

Deka IBoxx technical etf 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, etf market cycles, or different charting patterns.
A focus of Deka IBoxx technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Deka IBoxx trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Deka IBoxx Period Price Range

Low
December 16, 2024
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High

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Deka iBoxx EUR cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Deka IBoxx December 16, 2024 Market Strength

Market strength indicators help investors to evaluate how Deka IBoxx etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deka IBoxx shares will generate the highest return on investment. By undertsting and applying Deka IBoxx etf market strength indicators, traders can identify Deka iBoxx EUR entry and exit signals to maximize returns

Deka IBoxx Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Deka IBoxx's price direction in advance. Along with the technical and fundamental analysis of Deka Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Deka 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.

Other Information on Investing in Deka Etf

Deka IBoxx financial ratios help investors to determine whether Deka Etf 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 Deka with respect to the benefits of owning Deka IBoxx security.