Sparinvest Europa (Denmark) Price on January 31, 2024
| SPIEUGKL | DKK 164.92 0.93 0.57% |
If you're considering investing in Sparinvest Fund, it is important to understand the factors that can impact its price. As of today, the current price of Sparinvest Europa stands at 164.92, as last reported on the 6th of December, with the highest price reaching 164.92 and the lowest price hitting 164.92 during the day. As of now, Sparinvest Fund is very steady. Sparinvest Europa Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0346, which indicates the fund had a 0.0346% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sparinvest Europa Growth, which you can use to evaluate the volatility of the fund. Please validate Sparinvest Europa's Semi Deviation of 0.7928, risk adjusted performance of 0.0206, and Coefficient Of Variation of 3872.43 to confirm if the risk estimate we provide is consistent with the expected return of 0.0299%.
Sparinvest Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sparinvest |
Sharpe Ratio = 0.0346
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Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Sparinvest Europa is performing at about 2% 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 Sparinvest Europa by adding it to a well-diversified portfolio.
Sparinvest Europa Valuation on January 31, 2024
It is possible to determine the worth of Sparinvest Europa on a given historical date. On January 31, 2024 Sparinvest was worth 154.53 at the beginning of the trading date compared to the closed value of 154.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sparinvest Europa fund. Still, in general, we apply an absolute valuation method to find Sparinvest Europa'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 Sparinvest Europa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sparinvest Europa's related companies.
| Open | High | Low | Close | Volume | |
| 154.30 | 154.30 | 154.30 | 154.30 | 3,342 | |
01/31/2024 | 154.53 | 154.53 | 154.53 | 154.53 | 9,931 |
| 154.75 | 154.75 | 154.75 | 154.75 | 4,203 |
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Sparinvest Europa Trading Date Momentum on January 31, 2024
| On February 01 2024 Sparinvest Europa Growth was traded for 154.75 at the closing time. The highest price during the trading period was 154.75 and the lowest recorded bid was listed for 154.75 . The volume for the day was 4.2 K. This history from February 1, 2024 contributed to the next trading day price upswing. The trading price change to the next closing price was 0.14% . The trading price change to the current price is 2.10% . |
About Sparinvest Europa Fund history
Sparinvest Europa 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 Sparinvest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sparinvest Europa Growth 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 Sparinvest Europa stock prices may prove useful in developing a viable investing in Sparinvest Europa
Sparinvest Europa Fund Technical Analysis
Sparinvest Europa technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Sparinvest Europa Period Price Range
Low | December 6, 2024
| High |
0.00 | 0.00 |
Sparinvest Europa Growth 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.
Sparinvest Europa December 6, 2024 Market Strength
Market strength indicators help investors to evaluate how Sparinvest Europa fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sparinvest Europa shares will generate the highest return on investment. By undertsting and applying Sparinvest Europa fund market strength indicators, traders can identify Sparinvest Europa Growth entry and exit signals to maximize returns
Sparinvest Europa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sparinvest Europa's price direction in advance. Along with the technical and fundamental analysis of Sparinvest Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sparinvest 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 | 0.0206 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.1019 |
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| Volume Indicators |
Other Information on Investing in Sparinvest Fund
Sparinvest Europa financial ratios help investors to determine whether Sparinvest Fund 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 Sparinvest with respect to the benefits of owning Sparinvest Europa security.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |