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USD/DKK

Performance

DKK=X Performance Chart

USD/DKK (DKK=X) is up 1.0% since the beginning of the year. DKK=X is currently trading at DKK 6 per share. Investors who bought DKK 1,000 worth of DKK=X shares 5 years ago would now be looking at an investment worth DKK 1,047.


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S&P 500 Index

Returns By Period

USD/DKK (DKK=X) has returned 1.03% so far this year and -1.46% over the past 12 months. Over the last ten years, DKK=X has returned -0.19% per year, falling short of the S&P 500 Index benchmark, which averaged 13.53% annually.


USD/DKK

1D
-0.00%
1M
0.83%
YTD
1.03%
6M
-0.01%
1Y
-1.46%
3Y*
-2.61%
5Y*
0.92%
10Y*
-0.19%

Benchmark (S&P 500 Index)

1D
0.13%
1M
6.07%
YTD
12.31%
6M
11.42%
1Y
26.33%
3Y*
17.96%
5Y*
13.70%
10Y*
13.53%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DKK=X Monthly Returns History

Based on dividend-adjusted daily data since Aug 27, 2007, DKK=X's average daily return is 0.00%, while the average monthly return is +0.11%. At this rate, an investment would double in approximately 52.5 years.

Historically, 52% of months were positive and 48% were negative. The best month was Oct 2008 with a return of +10.5%, while the worst month was Dec 2008 at -9.2%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.

On a daily basis, DKK=X closed higher 50% of trading days. The best single day was Sep 30, 2008 with a return of +2.4%, while the worst single day was Mar 19, 2009 at -4.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.90%0.33%2.28%-1.49%0.75%0.10%1.03%
2025-0.01%-0.20%-4.03%-4.47%-0.24%-3.72%3.33%-2.37%-0.36%1.75%-0.52%-1.24%-11.71%
20242.04%0.10%0.19%1.18%-1.68%0.89%-0.63%-2.05%-0.85%2.37%2.89%2.16%6.65%
2023-1.40%2.78%-2.38%-1.52%2.97%-2.06%-0.70%1.43%2.60%0.09%-2.99%-1.36%-2.75%
20221.33%0.08%1.39%4.95%-1.73%2.34%2.61%1.62%2.55%-0.69%-5.15%-2.81%6.24%
20210.62%0.51%2.93%-2.42%-1.69%3.11%-0.07%0.49%2.00%0.19%1.91%-0.32%7.33%

Benchmark Metrics

USD/DKK has an annualized alpha of -0.10%, beta of 0.10, and R2 of 0.05 versus S&P 500 Index. Calculated based on daily prices since August 28, 2007.

  • This currency participated in 12.50% of S&P 500 Index downside but only 7.74% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.10 may look defensive, but with R2 of 0.05 this currency is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this currency's risk.
  • R2 of 0.05 means this currency moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-0.10%
Beta
0.10
0.05
Upside Capture
7.74%
Downside Capture
12.50%

Return for Risk

Risk / Return Rank

DKK=X ranks 34 for risk / return — below 34% of currencies on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


DKK=X Risk / Return Rank: 3434
Overall Rank
DKK=X Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
DKK=X Sortino Ratio Rank: 3737
Sortino Ratio Rank
DKK=X Omega Ratio Rank: 3737
Omega Ratio Rank
DKK=X Calmar Ratio Rank: 3030
Calmar Ratio Rank
DKK=X Martin Ratio Rank: 3030
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for USD/DKK (DKK=X) and compare them to S&P 500 Index.


DKK=XBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.20

2.15

-2.35

Sortino ratio

Return per unit of downside risk

-0.23

2.78

-3.02

Omega ratio

Gain probability vs. loss probability

0.97

1.39

-0.42

Calmar ratio

Return relative to maximum drawdown

-0.22

3.49

-3.71

Martin ratio

Return relative to average drawdown

-0.45

13.10

-13.55

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the USD/DKK. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the USD/DKK was 20.00%, occurring on Jan 27, 2026. The portfolio has not yet recovered.

The current USD/DKK drawdown is 17.13%.


Related event

Drawdown

Fall

Recovery

Underwater

2026 bear market2026
-20.00%Jan 2026
3y 4mo
3y 8moSep 2022 - now
2011 correction2011
-19.38%May 2011
10mo 28d3y 8mo
4y 7moJun 2010 - Jan 2015
Financial crisis2007–2009
-17.82%Nov 2009
1y 4d5mo 20d
1y 5moNov 2008 - May 2010
2018 correction2018
-16.85%Feb 2018
1y 1mo4y 3mo
5y 4moDec 2016 - May 2022
Financial crisis2007–2009
-14.76%Apr 2008
7mo 20d5mo 17d
1y 1moSep 2007 - Oct 2008

Drawdown Indicators


DKK=XBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-20.00%

-51.67%

+31.67%

Max Drawdown (1Y)

Largest decline over 1 year

-5.47%

-7.58%

+2.11%

Max Drawdown (3Y)

Largest decline over 3 years

-15.01%

-23.92%

+8.91%

Max Drawdown (5Y)

Largest decline over 5 years

-20.00%

-23.92%

+3.92%

Max Drawdown (10Y)

Largest decline over 10 years

-20.00%

-33.42%

+13.42%

Current Drawdown

Current decline from peak

-17.13%

0.00%

-17.13%

Average Drawdown

Average peak-to-trough decline

-9.44%

-9.10%

-0.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.82%

2.01%

-0.19%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with DKK=X

Add USD/DKK to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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