BankInvest Select (Denmark) Market Value
| BSKSMCDKAKL | DKK 111.70 1.00 0.90% |
| Symbol | BankInvest |
Please note, there is a significant difference between BankInvest Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if BankInvest Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BankInvest Select'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 Select '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 Select'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 Select.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in BankInvest Select on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding BankInvest Select Small or generate 0.0% return on investment in BankInvest Select over 60 days. BankInvest Select is related to or competes with Moens Bank, NTG Nordic, PARKEN Sport, Prime Office, North Media, Hvidbjerg Bank, and Nordea Bank. More
BankInvest Select 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 Select'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 Select Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9797 | |||
| Information Ratio | 0.0838 | |||
| Maximum Drawdown | 6.66 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.92 |
BankInvest Select Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BankInvest Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BankInvest Select's standard deviation. In reality, there are many statistical measures that can use BankInvest Select historical prices to predict the future BankInvest Select's volatility.| Risk Adjusted Performance | 0.086 | |||
| Jensen Alpha | 0.119 | |||
| Total Risk Alpha | 0.0985 | |||
| Sortino Ratio | 0.1075 | |||
| Treynor Ratio | (1.01) |
BankInvest Select Small Backtested Returns
At this point, BankInvest Select is very steady. BankInvest Select Small secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BankInvest Select Small, which you can use to evaluate the volatility of the firm. Please confirm BankInvest Select's Downside Deviation of 0.9797, risk adjusted performance of 0.086, and Mean Deviation of 0.8611 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. BankInvest Select has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BankInvest Select are expected to decrease at a much lower rate. During the bear market, BankInvest Select is likely to outperform the market. BankInvest Select Small right now shows a risk of 1.26%. Please confirm BankInvest Select Small semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if BankInvest Select Small will be following its price patterns.
Auto-correlation | -0.6 |
Good reverse predictability
BankInvest Select Small has good reverse predictability. Overlapping area represents the amount of predictability between BankInvest Select 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 Select Small price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current BankInvest Select price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 1.39 |
BankInvest Select Small lagged returns against current returns
Autocorrelation, which is BankInvest Select 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 Select's stock expected returns. We can calculate the autocorrelation of BankInvest Select returns to help us make a trade decision. For example, suppose you find that BankInvest Select 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 Select 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 Select stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BankInvest Select stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BankInvest Select stock over time.
Current vs Lagged Prices |
| Timeline |
BankInvest Select Lagged Returns
When evaluating BankInvest Select's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BankInvest Select stock have on its future price. BankInvest Select 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 Select autocorrelation shows the relationship between BankInvest Select stock current value and its past values and can show if there is a momentum factor associated with investing in BankInvest Select Small.
Regressed Prices |
| Timeline |
Pair Trading with BankInvest Select
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 Select 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 Select will appreciate offsetting losses from the drop in the long position's value.Moving together with BankInvest Stock
Moving against BankInvest Stock
The ability to find closely correlated positions to BankInvest Select 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 Select 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 Select - 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 Select Small to buy it.
The correlation of BankInvest Select 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 Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BankInvest Select Small 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 Select 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 Select 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 Select security.