Fynske Bank (Denmark) Price on August 24, 2023

FYNBK Stock  DKK 146.00  8.00  5.80%   
If you're considering investing in Fynske Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fynske Bank stands at 146.00, as last reported on the 11th of December 2024, with the highest price reaching 147.00 and the lowest price hitting 139.00 during the day. Fynske Bank AS secures Sharpe Ratio (or Efficiency) of -0.0051, which denotes the company had a -0.0051% return per unit of risk over the last 3 months. Fynske Bank AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fynske Bank's Standard Deviation of 1.61, variance of 2.59, and Mean Deviation of 1.17 to check the risk estimate we provide.
  
Fynske Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0051

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Estimated Market Risk

 1.63
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fynske Bank is not performing at its full potential. However, 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 Fynske Bank by adding Fynske Bank to a well-diversified portfolio.

Fynske Bank Valuation on August 24, 2023

It is possible to determine the worth of Fynske Bank on a given historical date. On August 24, 2023 Fynske was worth 150.0 at the beginning of the trading date compared to the closed value of 149.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fynske Bank stock. Still, in general, we apply an absolute valuation method to find Fynske Bank'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 Fynske Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fynske Bank's related companies.
 Open High Low Close Volume
  150.00    150.00    150.00    150.00    9,049  
08/24/2023
  150.00    150.00    146.00    149.00    931.00  
  149.00    149.00    146.00    148.00    704.00  
Backtest Fynske Bank  |  Fynske Bank History  |  Fynske Bank Valuation   PreviousNext  
Open Value
150.0
145.12
Downside
149.0
Closing Value
154.88
Upside

Fynske Bank Trading Date Momentum on August 24, 2023

On August 25 2023 Fynske Bank AS was traded for  148.00  at the closing time. The highest price during the trading period was 149.00  and the lowest recorded bid was listed for  146.00 . The volume for the day was 704. This history from August 25, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.67% . The overall trading delta to the current price is 2.68% .

Fynske Bank AS Fundamentals Correlations and Trends

By evaluating Fynske Bank'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 Fynske Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fynske financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Fynske Bank Stock history

Fynske Bank 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 Fynske is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fynske Bank AS 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 Fynske Bank stock prices may prove useful in developing a viable investing in Fynske Bank
Fynske Bank AS provides various banking products and services in Denmark. The company was founded in 1852 and is based in Svendborg, Denmark. Fynske Bank operates under Banking classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 169 people.

Fynske Bank Stock Technical Analysis

Fynske Bank technical stock 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, stock market cycles, or different charting patterns.
A focus of Fynske Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fynske Bank 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

Fynske Bank Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Fynske Bank AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.

Fynske Bank December 11, 2024 Market Strength

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

Fynske Bank Technical and Predictive Indicators

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

Complementary Tools for Fynske Stock analysis

When running Fynske Bank's price analysis, check to measure Fynske Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fynske Bank is operating at the current time. Most of Fynske Bank's value examination focuses on studying past and present price action to predict the probability of Fynske Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fynske Bank's price. Additionally, you may evaluate how the addition of Fynske Bank to your portfolios can decrease your overall portfolio volatility.
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