Agillic AS (Denmark) Market Value
| AGILC Stock | DKK 8.60 0.15 1.71% |
| Symbol | Agillic |
Agillic AS 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Agillic AS's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Agillic AS.
| 07/23/2024 |
| 01/19/2025 |
If you would invest 0.00 in Agillic AS on July 23, 2024 and sell it all today you would earn a total of 0.00 from holding Agillic AS or generate 0.0% return on investment in Agillic AS over 180 days. Agillic AS is related to or competes with Djurslands Bank, Hvidbjerg Bank, Groenlandsbanken, and Nordinvestments. Agillic AS, a software company, provides marketing automation solution that serves as a platform for loyalty clubs and c... More
Agillic AS Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Agillic AS's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Agillic AS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 9.14 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 2.07 |
Agillic AS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Agillic AS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Agillic AS's standard deviation. In reality, there are many statistical measures that can use Agillic AS historical prices to predict the future Agillic AS's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 5.19 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Agillic AS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Agillic AS Backtested Returns
Agillic AS secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Agillic AS exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Agillic AS's Standard Deviation of 1.26, mean deviation of 0.7385, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.04, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Agillic AS are expected to decrease at a much lower rate. During the bear market, Agillic AS is likely to outperform the market. At this point, Agillic AS has a negative expected return of -0.2%. Please make sure to confirm Agillic AS's information ratio, kurtosis, period momentum indicator, as well as the relationship between the treynor ratio and day median price , to decide if Agillic AS performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Agillic AS has insignificant reverse predictability. Overlapping area represents the amount of predictability between Agillic AS time series from 23rd of July 2024 to 21st of October 2024 and 21st of October 2024 to 19th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Agillic AS price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Agillic AS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Agillic AS lagged returns against current returns
Autocorrelation, which is Agillic AS stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Agillic AS's stock expected returns. We can calculate the autocorrelation of Agillic AS returns to help us make a trade decision. For example, suppose you find that Agillic AS has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Agillic AS regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Agillic AS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Agillic AS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Agillic AS stock over time.
Current vs Lagged Prices |
| Timeline |
Agillic AS Lagged Returns
When evaluating Agillic AS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Agillic AS stock have on its future price. Agillic AS autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Agillic AS autocorrelation shows the relationship between Agillic AS stock current value and its past values and can show if there is a momentum factor associated with investing in Agillic AS.
Regressed Prices |
| Timeline |
Pair Trading with Agillic AS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agillic AS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agillic AS will appreciate offsetting losses from the drop in the long position's value.Moving against Agillic Stock
| 0.91 | PNDORA | Pandora AS | PairCorr |
| 0.82 | CHEMM | ChemoMetec AS | PairCorr |
| 0.77 | ALMB | Alm Brand | PairCorr |
| 0.77 | BIV30A | BankInvest Optima | PairCorr |
| 0.76 | BIV30 | BankInvest Optima | PairCorr |
The ability to find closely correlated positions to Agillic AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agillic AS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agillic AS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agillic AS to buy it.
The correlation of Agillic AS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agillic AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agillic AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agillic AS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Agillic Stock
Agillic AS financial ratios help investors to determine whether Agillic Stock 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 Agillic with respect to the benefits of owning Agillic AS security.