BankInvest Hojrentelande (Denmark) Market Value
| BAIEMOBA | DKK 52.84 0.02 0.04% |
| Symbol | BankInvest |
Please note, there is a significant difference between BankInvest Hojrentelande's value and its price as these two are different measures arrived at by different means. Investors typically determine if BankInvest Hojrentelande is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BankInvest Hojrentelande'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 Hojrentelande '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 Hojrentelande'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 Hojrentelande.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in BankInvest Hojrentelande on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding BankInvest Hojrentelande or generate 0.0% return on investment in BankInvest Hojrentelande over 30 days. More
BankInvest Hojrentelande 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 Hojrentelande'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 Hojrentelande upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 1.66 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.4932 |
BankInvest Hojrentelande Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BankInvest Hojrentelande's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BankInvest Hojrentelande's standard deviation. In reality, there are many statistical measures that can use BankInvest Hojrentelande historical prices to predict the future BankInvest Hojrentelande's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.72) |
BankInvest Hojrentelande Backtested Returns
BankInvest Hojrentelande secures Sharpe Ratio (or Efficiency) of -0.023, which signifies that the fund had a -0.023% return per unit of risk over the last 3 months. BankInvest Hojrentelande exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BankInvest Hojrentelande's Standard Deviation of 0.2822, mean deviation of 0.1893, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0284, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BankInvest Hojrentelande's returns are expected to increase less than the market. However, during the bear market, the loss of holding BankInvest Hojrentelande is expected to be smaller as well.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
BankInvest Hojrentelande has almost perfect reverse predictability. Overlapping area represents the amount of predictability between BankInvest Hojrentelande time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th 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 BankInvest Hojrentelande price movement. The serial correlation of -0.79 indicates that around 79.0% of current BankInvest Hojrentelande price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
BankInvest Hojrentelande lagged returns against current returns
Autocorrelation, which is BankInvest Hojrentelande 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 Hojrentelande's fund expected returns. We can calculate the autocorrelation of BankInvest Hojrentelande returns to help us make a trade decision. For example, suppose you find that BankInvest Hojrentelande 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 Hojrentelande 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 Hojrentelande fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BankInvest Hojrentelande fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BankInvest Hojrentelande fund over time.
Current vs Lagged Prices |
| Timeline |
BankInvest Hojrentelande Lagged Returns
When evaluating BankInvest Hojrentelande's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BankInvest Hojrentelande fund have on its future price. BankInvest Hojrentelande 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 Hojrentelande autocorrelation shows the relationship between BankInvest Hojrentelande fund current value and its past values and can show if there is a momentum factor associated with investing in BankInvest Hojrentelande.
Regressed Prices |
| Timeline |
Other Information on Investing in BankInvest Fund
BankInvest Hojrentelande 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 Hojrentelande security.
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