Deka Deutsche (Germany) Price on October 2, 2024
EL4T Etf | 89.52 0.17 0.19% |
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 Deutsche stands at 89.52, as last reported on the 15th of December 2024, with the highest price reaching 89.64 and the lowest price hitting 89.52 during the day. At this point, Deka Deutsche is very steady. Deka Deutsche Brse secures Sharpe Ratio (or Efficiency) of 0.0447, which denotes the etf had a 0.0447% return per unit of risk over the last 3 months. We have found thirty technical indicators for Deka Deutsche Brse, which you can use to evaluate the volatility of the entity. Please confirm Deka Deutsche's Downside Deviation of 0.1583, coefficient of variation of 1801.62, and Mean Deviation of 0.1271 to check if the risk estimate we provide is consistent with the expected return of 0.0069%.
Deka Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Deka |
Sharpe Ratio = 0.0447
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Estimated Market Risk
0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Deka Deutsche is performing at about 3% 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 Deutsche by adding it to a well-diversified portfolio.
Deka Deutsche Valuation on October 2, 2024
It is possible to determine the worth of Deka Deutsche on a given historical date. On October 2, 2024 Deka was worth 89.58 at the beginning of the trading date compared to the closed value of 89.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deka Deutsche etf. Still, in general, we apply an absolute valuation method to find Deka Deutsche'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 Deutsche where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deka Deutsche's related companies.
Open | High | Low | Close | Volume | |
89.43 | 89.64 | 89.43 | 89.62 | 634.00 | |
10/02/2024 | 89.58 | 89.58 | 89.50 | 89.50 | 1.00 |
89.47 | 89.47 | 89.40 | 89.40 | 1.00 |
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Deka Deutsche Trading Date Momentum on October 2, 2024
On October 03 2024 Deka Deutsche Brse was traded for 89.40 at the closing time. The highest price during the trading period was 89.47 and the lowest recorded bid was listed for 89.40 . There was no trading activity during the period 1.0. Lack of trading volume on October 3, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.11% . The overall trading delta to the current price is 0.58% . |
Price Boundaries
Deka Deutsche Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Deka Deutsche Brse cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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 Deutsche December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Deka Deutsche 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 Deutsche shares will generate the highest return on investment. By undertsting and applying Deka Deutsche etf market strength indicators, traders can identify Deka Deutsche Brse entry and exit signals to maximize returns
Deka Deutsche Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Deka Deutsche'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.