BankInvest Optima (Denmark) Market Value
| BIV10 Stock | DKK 103.60 0.25 0.24% |
| Symbol | BankInvest |
Please note, there is a significant difference between BankInvest Optima's value and its price as these two are different measures arrived at by different means. Investors typically determine if BankInvest Optima is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BankInvest Optima'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 Optima '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 Optima'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 BankInvest Optima.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in BankInvest Optima on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding BankInvest Optima 10 or generate 0.0% return on investment in BankInvest Optima over 60 days. BankInvest Optima is related to or competes with Laan Spar, Nordinvestments, North Media, and NTG Nordic. More
BankInvest Optima 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 Optima'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 BankInvest Optima 10 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3113 | |||
| Information Ratio | 0.0491 | |||
| Maximum Drawdown | 1.67 | |||
| Value At Risk | (0.39) | |||
| Potential Upside | 0.632 |
BankInvest Optima Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BankInvest Optima's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BankInvest Optima's standard deviation. In reality, there are many statistical measures that can use BankInvest Optima historical prices to predict the future BankInvest Optima's volatility.| Risk Adjusted Performance | 0.0807 | |||
| Jensen Alpha | 0.0285 | |||
| Total Risk Alpha | 0.0233 | |||
| Sortino Ratio | 0.0512 | |||
| Treynor Ratio | (1.96) |
BankInvest Optima Backtested Returns
At this point, BankInvest Optima is very steady. BankInvest Optima secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for BankInvest Optima 10, which you can use to evaluate the volatility of the firm. Please confirm BankInvest Optima's Downside Deviation of 0.3113, mean deviation of 0.2524, and Risk Adjusted Performance of 0.0807 to double-check if the risk estimate we provide is consistent with the expected return of 0.035%. BankInvest Optima has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0144, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BankInvest Optima are expected to decrease at a much lower rate. During the bear market, BankInvest Optima is likely to outperform the market. BankInvest Optima right now shows a risk of 0.33%. Please confirm BankInvest Optima information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if BankInvest Optima will be following its price patterns.
Auto-correlation | -0.38 |
Poor reverse predictability
BankInvest Optima 10 has poor reverse predictability. Overlapping area represents the amount of predictability between BankInvest Optima time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Optima price movement. The serial correlation of -0.38 indicates that just about 38.0% of current BankInvest Optima price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
BankInvest Optima lagged returns against current returns
Autocorrelation, which is BankInvest Optima 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 BankInvest Optima's stock expected returns. We can calculate the autocorrelation of BankInvest Optima returns to help us make a trade decision. For example, suppose you find that BankInvest Optima 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 |
BankInvest Optima 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 Optima stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BankInvest Optima stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BankInvest Optima stock over time.
Current vs Lagged Prices |
| Timeline |
BankInvest Optima Lagged Returns
When evaluating BankInvest Optima's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BankInvest Optima stock have on its future price. BankInvest Optima 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 Optima autocorrelation shows the relationship between BankInvest Optima stock current value and its past values and can show if there is a momentum factor associated with investing in BankInvest Optima 10.
Regressed Prices |
| Timeline |
Pair Trading with BankInvest Optima
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 Optima 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 Optima will appreciate offsetting losses from the drop in the long position's value.Moving against BankInvest Stock
| 0.68 | VWS | Vestas Wind Systems | PairCorr |
| 0.6 | GMAB | Genmab AS | PairCorr |
| 0.59 | CONFRZ | Conferize AS | PairCorr |
| 0.57 | ORSTED | Orsted AS | PairCorr |
| 0.51 | MONSO | Monsenso AS | PairCorr |
The ability to find closely correlated positions to BankInvest Optima 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 Optima 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 Optima - 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 Optima 10 to buy it.
The correlation of BankInvest Optima 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 Optima moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BankInvest Optima 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 Optima 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 Stock
BankInvest Optima financial ratios help investors to determine whether BankInvest 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 BankInvest with respect to the benefits of owning BankInvest Optima security.