OMX Copenhagen (Denmark) Price on June 14, 2024

OMXCPI Index   1,955  21.01  1.09%   
Below is the normalized historical share price chart for OMX Copenhagen All extending back to February 13, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of OMX Copenhagen stands at 1,955, as last reported on the 14th of September 2024, with the highest price reaching 1,968 and the lowest price hitting 1,945 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in OMX Index, it is important to understand the factors that can impact its price. OMX Copenhagen All maintains Sharpe Ratio (i.e., Efficiency) of -0.0071, which implies the entity had a -0.0071% return per unit of standard deviation over the last 3 months. OMX Copenhagen All exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement.
OMX Index price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0071

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Estimated Market Risk

 1.39
  actual daily
12
88% 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 OMX Copenhagen 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 OMX Copenhagen by adding OMX Copenhagen to a well-diversified portfolio.

OMX Copenhagen Valuation on June 14, 2024

It is possible to determine the worth of OMX Copenhagen on a given historical date. On June 14, 2024 OMX was worth 1994.22 at the beginning of the trading date compared to the closed value of 1990.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OMX Copenhagen index. Still, in general, we apply an absolute valuation method to find OMX Copenhagen'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 OMX Copenhagen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OMX Copenhagen's related companies.
 Open High Low Close Volume
  2,005    2,011    1,989    1,989    30,000,000  
06/14/2024
  1,994    2,005    1,977    1,991    24,730,000  
  1,990    2,002    1,978    1,980    30,170,000  
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Open Value
1994.22
1990.73
Closing Value
1,998
Upside

OMX Copenhagen Trading Date Momentum on June 14, 2024

On June 17 2024 OMX Copenhagen All was traded for  1,980  at the closing time. The highest price during the trading period was 2,002  and the lowest recorded bid was listed for  1,978 . The volume for the day was 30.2 M. This history from June 17, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.53% . The trading delta at closing time to the current price is 0.07% .

Price Boundaries

OMX Copenhagen Period Price Range

Low
September 14, 2024
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High

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OMX Copenhagen All cannot be verified against its exchange. Please verify the symbol is currently traded on INDX. 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.

OMX Copenhagen September 14, 2024 Market Strength

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

OMX Copenhagen Technical Drivers

OMX Copenhagen September 14, 2024 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for OMX Copenhagen's price direction in advance. Along with the technical and fundamental analysis of OMX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of OMX 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(0.01)
Mean Deviation1.04
Coefficient Of Variation(7,734)
Standard Deviation1.38
Variance1.91
Information Ratio(0.09)
Total Risk Alpha(0.19)
Maximum Drawdown6.05
Value At Risk(2.95)
Potential Upside2.13
Skewness(0.22)
Kurtosis0.8641
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