Deka STOXX (Germany) Price on October 4, 2024
| EL4D Etf | EUR 29.01 0.03 0.10% |
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 STOXX stands at 29.01, as last reported on the 15th of December 2024, with the highest price reaching 29.01 and the lowest price hitting 29.01 during the day. Deka STOXX appears to be very steady, given 3 months investment horizon. Deka STOXX Europe secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the etf had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Deka STOXX Europe, which you can use to evaluate the volatility of the entity. Please utilize Deka STOXX's Downside Deviation of 0.9462, mean deviation of 0.8773, and Coefficient Of Variation of 586.88 to check if our risk estimates are consistent with your expectations.
Deka Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Deka |
Sharpe Ratio = 0.1589
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Deka STOXX is performing at about 12% 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 STOXX by adding it to a well-diversified portfolio.
Deka STOXX Valuation on October 4, 2024
It is possible to determine the worth of Deka STOXX on a given historical date. On October 4, 2024 Deka was worth 28.33 at the beginning of the trading date compared to the closed value of 28.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deka STOXX etf. Still, in general, we apply an absolute valuation method to find Deka STOXX'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 STOXX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deka STOXX's related companies.
| Open | High | Low | Close | Volume | |
| 28.29 | 28.29 | 28.29 | 28.29 | 102.00 | |
10/04/2024 | 28.33 | 28.33 | 28.26 | 28.26 | 175.00 |
| 28.34 | 28.34 | 28.33 | 28.33 | 1.00 |
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Deka STOXX Trading Date Momentum on October 4, 2024
| On October 07 2024 Deka STOXX Europe was traded for 28.33 at the closing time. The maximum traded price for the trading interval was 28.34 and the lowest daily price was 28.33 . There was no trading activity during the period 1.0. Lack of trading volume on 7th of October 2024 played a part in the next trading day price rise. The overall trading delta to the next closing price was 0.25% . The overall trading delta to the closing price today is 2.30% . |
Deka STOXX Europe Fundamentals Correlations and Trends
By evaluating Deka STOXX'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 STOXX'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 STOXX Etf history
Deka STOXX 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 STOXX Europe 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 STOXX stock prices may prove useful in developing a viable investing in Deka STOXX
Deka STOXX Etf Technical Analysis
Deka STOXX 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.
Price Boundaries
Deka STOXX Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Deka STOXX Europe 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 STOXX December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Deka STOXX 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 STOXX shares will generate the highest return on investment. By undertsting and applying Deka STOXX etf market strength indicators, traders can identify Deka STOXX Europe entry and exit signals to maximize returns
Deka STOXX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Deka STOXX'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.
| Risk Adjusted Performance | 0.1278 | |||
| Jensen Alpha | 0.1939 | |||
| Total Risk Alpha | 0.0479 | |||
| Sortino Ratio | 0.1203 | |||
| Treynor Ratio | 1.83 |
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Other Information on Investing in Deka Etf
Deka STOXX 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 STOXX security.