Ringkjoebing Landbobank (Denmark) Price on November 26, 2024
| RILBA Stock | DKK 1,191 18.00 1.53% |
If you're considering investing in Ringkjoebing Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ringkjoebing Landbobank stands at 1,191, as last reported on the 12th of December 2024, with the highest price reaching 1,191 and the lowest price hitting 1,160 during the day. Ringkjoebing Landbobank appears to be very steady, given 3 months investment horizon. Ringkjoebing Landbobank maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ringkjoebing Landbobank, which you can use to evaluate the volatility of the company. Please evaluate Ringkjoebing Landbobank's Risk Adjusted Performance of 0.1303, coefficient of variation of 571.92, and Semi Deviation of 0.9834 to confirm if our risk estimates are consistent with your expectations.
Ringkjoebing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ringkjoebing |
Sharpe Ratio = 0.1721
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | RILBA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Ringkjoebing Landbobank is performing at about 13% 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 Ringkjoebing Landbobank by adding it to a well-diversified portfolio.
Ringkjoebing Landbobank Valuation on November 26, 2024
It is possible to determine the worth of Ringkjoebing Landbobank on a given historical date. On November 26, 2024 Ringkjoebing was worth 1146.0 at the beginning of the trading date compared to the closed value of 1145.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ringkjoebing Landbobank stock. Still, in general, we apply an absolute valuation method to find Ringkjoebing Landbobank'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 Ringkjoebing Landbobank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ringkjoebing Landbobank's related companies.
| Open | High | Low | Close | Volume | |
| 1,167 | 1,170 | 1,150 | 1,154 | 52,392 | |
11/26/2024 | 1,146 | 1,155 | 1,145 | 1,145 | 17,053 |
| 1,142 | 1,153 | 1,134 | 1,150 | 16,703 |
| Backtest Ringkjoebing Landbobank | | | Ringkjoebing Landbobank History | | | Ringkjoebing Landbobank Valuation | Previous | Next |
Ringkjoebing Landbobank Trading Date Momentum on November 26, 2024
| On November 27 2024 Ringkjoebing Landbobank AS was traded for 1,150 at the closing time. The highest price during the trading period was 1,153 and the lowest recorded bid was listed for 1,134 . The volume for the day was 16.7 K. This history from November 27, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.44% . The trading delta at closing time to the current price is 0.87% . |
Ringkjoebing Landbobank Fundamentals Correlations and Trends
By evaluating Ringkjoebing Landbobank'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 Ringkjoebing Landbobank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ringkjoebing financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ringkjoebing Landbobank Stock history
Ringkjoebing Landbobank 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 Ringkjoebing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ringkjoebing Landbobank 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 Ringkjoebing Landbobank stock prices may prove useful in developing a viable investing in Ringkjoebing Landbobank
Ringkjbing Landbobank AS provides various banking products and services in Denmark. Ringkjbing Landbobank AS was founded in 1886 and is headquartered in Ringkbing, Denmark. Ringkjbing Landbobank operates under BanksRegional classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 644 people.
Ringkjoebing Landbobank Stock Technical Analysis
Ringkjoebing Landbobank 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.
Price Boundaries
Ringkjoebing Landbobank Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Ringkjoebing Landbobank 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.
Ringkjoebing Landbobank December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Ringkjoebing Landbobank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ringkjoebing Landbobank shares will generate the highest return on investment. By undertsting and applying Ringkjoebing Landbobank stock market strength indicators, traders can identify Ringkjoebing Landbobank AS entry and exit signals to maximize returns
Ringkjoebing Landbobank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ringkjoebing Landbobank's price direction in advance. Along with the technical and fundamental analysis of Ringkjoebing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ringkjoebing 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 | 0.1303 | |||
| Jensen Alpha | 0.2285 | |||
| Total Risk Alpha | 0.0096 | |||
| Sortino Ratio | 0.0695 | |||
| Treynor Ratio | (0.80) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ringkjoebing Stock analysis
When running Ringkjoebing Landbobank's price analysis, check to measure Ringkjoebing Landbobank'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 Ringkjoebing Landbobank is operating at the current time. Most of Ringkjoebing Landbobank's value examination focuses on studying past and present price action to predict the probability of Ringkjoebing Landbobank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ringkjoebing Landbobank's price. Additionally, you may evaluate how the addition of Ringkjoebing Landbobank to your portfolios can decrease your overall portfolio volatility.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |