Debenhams Spread Betting
Where Can I Spread Bet on Debenhams?
Currently, you can speculate with no brokers' fees and zero commissions on Debenhams, and a wide array of other financial markets, with providers like:
|Broker Ratings - Sponsored by IG
A look at the latest Debenhams broker ratings:
|07-Mar-16||Outperform||RBC Capital Markets||79||90||13.90%|
|18-Jan-16||Outperform||RBC Capital Markets||77.25||90||16.50%|
|21-Dec-15||Outperform||RBC Capital Markets||73||90||23.30%|
|07-Dec-15||Outperform||RBC Capital Markets||80.25||100||24.60%|
|28-Sep-15||Outperform||RBC Capital Mkts||78.8||100||26.90%|
|15-Sep-15||Hold||Numis Securities Ltd||74.3||95||27.90%|
|03-Aug-15||Sector Perform||RBC Capital Markets||87.2||100||14.70%|
|30-Jun-15||Sector Perform||RBC Capital Markets||90.75||100||10.20%|
|05-May-15||Sector Perform||RBC Capital Markets||89.5||90||0.60%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Prices and Charts for Debenhams?
The real-time CFD chart and prices below provides a good overview of the Debenhams market.
The above chart normally tracks the underlying Debenhams futures price (not the daily market).
If you'd like access to live spread trading charts and prices for Debenhams, one option is to use a spread trading account.
In addition, a spreads account will let you access shorter-term daily markets. Note that such accounts are normally dependent on status, credit and suitability checks.
Should your application be approved, you can log on and access the live prices/charts. On most platforms, these will be provided for free, however, the catch is that you could receive the odd sales letter or email from the relevant spread betting provider.
Of course, if you decide to trade then, before you start, be aware that spread trading and contracts for difference carry a high level of risk to your funds and it's possible to incur losses that exceed your initial investment.
See below for more on advanced Debenhams charts.
Debenhams Analysis & News
Advanced Charts for Debenhams
Despite the fact that the charting packages normally differ across the various platforms, to help you with your trading analysis, the charts generally come with features that include:
Charts on Inter Trader also have other benefits:
- Many different intervals, for example, 3 minutes, 30 minutes, 2 hours etc
- Different display styles, for example, candlestick charts and line charts
- Tools for drawing and adding features, for example, trendlines, Fibonacci time zones, arcs and fans
- BackTesting, Customisable Indicators and Optimisation functions
- Popular overlays, for example, Moving Average, Ichimoku Cloud, Linear Regression etc
- A choice of indicator charts, for example, Williams %R, MACD, % Price Oscillator etc
- Email alerts for when a market hits a particular level
The following financial spread betting companies provide users with real time charts/prices:
Where Can I Spread Bet on Debenhams for Free?
Speculating isn't without risk, however, if you would like to open an entirely free Practice Account, which lets you try out financial spread betting on a wide range of markets, see below for further details.
When deciding which investment option is right for you, don't forget that spread trading in the UK is currently exempt from stamp duty, income tax and capital gains tax*.
If you're trying to find a low cost financial spread betting website then note that you are able to speculate on Debenhams with no brokers' fees with firms such as:
If you're interested in a Practice Account / Demo Account where users are able to get a better feel for financial spread betting, and markets such as Debenhams, then take a look at:
Each of the above companies currently offer a free Test Account that allows investors to access professional charts, apply a variety of trading orders and test trading strategies.
How to Spread Bet on Debenhams?
If you decide to invest in firms like Debenhams then one solution could be spread betting on the Debenhams share price.
Looking at a platform like Capitalspreads, you can see they have priced the Debenhams Rolling Daily market at 120.2p - 120.8p. Therefore, you can put a spread bet on the Debenhams shares:
Going higher than 120.8p, or
Going lower than 120.2p
Whilst spread betting on UK equities you trade in £x per penny. So, should you choose to risk £5 per penny and the Debenhams shares move 36p then there would be a difference to your P&L of £180. £5 per penny x 36p = £180.
Rolling Daily Shares Markets
Be aware that this is a Rolling Daily Market and so unlike a normal spread betting futures market, there is no closing date. If your trade is open at the end of the day, it just rolls over to the next day.
If your spread bet does roll over and you are speculating on the market to:
Increase - then you are normally charged a small financing fee, or
Decrease - then a small payment will usually be credited to your account
For a worked example please see Rolling Daily Spread Betting.
Debenhams Rolling Daily - Equities Trading Example
So, if we consider the spread of 120.2p - 120.8p and assume that:
Then you could buy a spread bet at 120.8p and risk, for the sake of argument, £20 per penny.
- You have done your analysis, and
- Your analysis leads you to feel the Debenhams shares will move higher than 120.8p
So, you make a profit of £20 for every penny that the Debenhams shares go above 120.8p. However, it also means that you will make a loss of £20 for every penny that the Debenhams market falls below 120.8p.
Put another way, should you ‘Buy’ a spread bet then your profits (or losses) are found by taking the difference between the settlement price of the market and the price you bought the market at. You then multiply that difference in price by the stake.
With this in mind, if after a few hours the shares moved higher then you could consider closing your position in order to secure your profit.
As an example, if the market increased then the spread, set by the spreads firm, might be adjusted to 126.2p - 126.8p. You would close your trade by selling at 126.2p. Therefore, with the same £20 stake you would make:
P&L = (Settlement Price - Opening Price) x stake
P&L = (126.2p - 120.8p) x £20 per penny stake
P&L = 5.4p x £20 per penny stake
P&L = £108.00 profit
Trading shares doesn't always work out as you would have liked. In the above example, you had bet that the share price would rise. However, the share price might go down.
If the Debenhams stock weakened, against your expectations, then you might decide to settle/close your position in order to limit your losses.
Should the market drop to 116.1p - 116.7p then you would sell back your position at 116.1p. If so, this would result in a loss of:
P&L = (Settlement Price - Opening Price) x stake
P&L = (116.1p - 120.8p) x £20 per penny stake
P&L = -4.7p x £20 per penny stake
P&L = -£94.00 loss
Note - Debenhams Rolling Daily spread correct as of 31-Oct-12.
Debenhams Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Debenhams with
'Debenhams Spread Betting' edited by Jenna Cutly, updated 03-Oct-17
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