Deka MDAX (Germany) Price on October 3, 2024
| ELF1 Etf | 248.80 2.90 1.15% |
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 MDAX stands at 248.80, as last reported on the 15th of December 2024, with the highest price reaching 251.95 and the lowest price hitting 248.80 during the day. At this point, Deka MDAX is very steady. Deka MDAX UCITS secures Sharpe Ratio (or Efficiency) of 0.0765, which denotes the etf had a 0.0765% return per unit of risk over the last 3 months. We have found thirty technical indicators for Deka MDAX UCITS, which you can use to evaluate the volatility of the entity. Please confirm Deka MDAX's Mean Deviation of 0.7006, downside deviation of 0.8715, and Coefficient Of Variation of 1506.95 to check if the risk estimate we provide is consistent with the expected return of 0.0662%.
Deka Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Deka |
Sharpe Ratio = 0.0765
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Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Deka MDAX is performing at about 6% 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 MDAX by adding it to a well-diversified portfolio.
Deka MDAX Valuation on October 3, 2024
It is possible to determine the worth of Deka MDAX on a given historical date. On October 3, 2024 Deka was worth 251.2 at the beginning of the trading date compared to the closed value of 249.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deka MDAX etf. Still, in general, we apply an absolute valuation method to find Deka MDAX'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 MDAX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deka MDAX's related companies.
| Open | High | Low | Close | Volume | |
| 251.65 | 251.65 | 250.55 | 251.60 | 951.00 | |
10/03/2024 | 251.20 | 251.20 | 249.65 | 249.65 | 251.00 |
| 249.70 | 252.15 | 249.70 | 251.95 | 739.00 |
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Deka MDAX Trading Date Momentum on October 3, 2024
| On October 04 2024 Deka MDAX UCITS was traded for 251.95 at the closing time. The highest price during the trading period was 252.15 and the lowest recorded bid was listed for 249.70 . The volume for the day was 739. This history from October 4, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.92% . The overall trading delta to the current price is 1.10% . |
Price Boundaries
Deka MDAX Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Deka MDAX UCITS 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 MDAX December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Deka MDAX 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 MDAX shares will generate the highest return on investment. By undertsting and applying Deka MDAX etf market strength indicators, traders can identify Deka MDAX UCITS entry and exit signals to maximize returns
Deka MDAX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Deka MDAX'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.