Bankinvest Danske (Denmark) Market Value
| BAIDKAAKA | DKK 219.60 2.40 1.10% |
| Symbol | Bankinvest |
Please note, there is a significant difference between Bankinvest Danske's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bankinvest Danske is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bankinvest Danske's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Bankinvest Danske '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 Bankinvest Danske's fund 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 Bankinvest Danske.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Bankinvest Danske on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Bankinvest Danske or generate 0.0% return on investment in Bankinvest Danske over 90 days. More
Bankinvest Danske 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 Bankinvest Danske's fund 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 Bankinvest Danske upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.062 | |||
| Maximum Drawdown | 4.24 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 1.5 |
Bankinvest Danske Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bankinvest Danske's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bankinvest Danske's standard deviation. In reality, there are many statistical measures that can use Bankinvest Danske historical prices to predict the future Bankinvest Danske's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.0656 | |||
| Treynor Ratio | (0.16) |
Bankinvest Danske Backtested Returns
Bankinvest Danske secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the fund had a close to zero % return per unit of risk over the last 3 months. Bankinvest Danske exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bankinvest Danske's Mean Deviation of 0.7117, standard deviation of 0.9326, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bankinvest Danske's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bankinvest Danske is expected to be smaller as well.
Auto-correlation | -0.62 |
Very good reverse predictability
Bankinvest Danske has very good reverse predictability. Overlapping area represents the amount of predictability between Bankinvest Danske time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Bankinvest Danske price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Bankinvest Danske price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 12.14 |
Bankinvest Danske lagged returns against current returns
Autocorrelation, which is Bankinvest Danske fund'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 Bankinvest Danske's fund expected returns. We can calculate the autocorrelation of Bankinvest Danske returns to help us make a trade decision. For example, suppose you find that Bankinvest Danske has exhibited high autocorrelation historically, and you observe that the fund 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 |
Bankinvest Danske 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 Bankinvest Danske fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bankinvest Danske fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bankinvest Danske fund over time.
Current vs Lagged Prices |
| Timeline |
Bankinvest Danske Lagged Returns
When evaluating Bankinvest Danske's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bankinvest Danske fund have on its future price. Bankinvest Danske 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, Bankinvest Danske autocorrelation shows the relationship between Bankinvest Danske fund current value and its past values and can show if there is a momentum factor associated with investing in Bankinvest Danske.
Regressed Prices |
| Timeline |
Pair Trading with Bankinvest Danske
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 Bankinvest Danske 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 Bankinvest Danske will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bankinvest Danske could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bankinvest Danske 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 Bankinvest Danske - 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 Bankinvest Danske to buy it.
The correlation of Bankinvest Danske 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 Bankinvest Danske moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bankinvest Danske 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 Bankinvest Danske 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 Bankinvest Fund
Bankinvest Danske financial ratios help investors to determine whether Bankinvest 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 Bankinvest with respect to the benefits of owning Bankinvest Danske security.
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