Copenhagen Capital (Denmark) Market Value
| CPHCAP-ST | DKK 5.40 0.05 0.93% |
| Symbol | Copenhagen |
Copenhagen Capital '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 Copenhagen Capital'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 Copenhagen Capital.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Copenhagen Capital on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Copenhagen Capital AS or generate 0.0% return on investment in Copenhagen Capital over 30 days. Copenhagen Capital is related to or competes with SKAKO AS, Agat Ejendomme, Prime Office, and Cemat AS. The firm seeks to make direct and indirect investments based on thorough analyses of the propertys location and conditio... More
Copenhagen Capital 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 Copenhagen Capital'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 Copenhagen Capital AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.76 | |||
| Information Ratio | 0.0939 | |||
| Maximum Drawdown | 6.67 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 2.94 |
Copenhagen Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Copenhagen Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Copenhagen Capital's standard deviation. In reality, there are many statistical measures that can use Copenhagen Capital historical prices to predict the future Copenhagen Capital's volatility.| Risk Adjusted Performance | 0.0662 | |||
| Jensen Alpha | 0.0973 | |||
| Total Risk Alpha | 0.1409 | |||
| Sortino Ratio | 0.07 | |||
| Treynor Ratio | (0.84) |
Copenhagen Capital Backtested Returns
At this point, Copenhagen Capital is somewhat reliable. Copenhagen Capital secures Sharpe Ratio (or Efficiency) of 0.066, which signifies that the company had a 0.066 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Copenhagen Capital AS, which you can use to evaluate the volatility of the firm. Please confirm Copenhagen Capital's Risk Adjusted Performance of 0.0662, downside deviation of 1.76, and Mean Deviation of 0.9275 to double-check if the risk estimate we provide is consistent with the expected return of 0.0861%. Copenhagen Capital has a performance score of 5 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 Copenhagen Capital are expected to decrease at a much lower rate. During the bear market, Copenhagen Capital is likely to outperform the market. Copenhagen Capital right now shows a risk of 1.3%. Please confirm Copenhagen Capital maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if Copenhagen Capital will be following its price patterns.
Auto-correlation | -0.05 |
Very weak reverse predictability
Copenhagen Capital AS has very weak reverse predictability. Overlapping area represents the amount of predictability between Copenhagen Capital time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Copenhagen Capital price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Copenhagen Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Copenhagen Capital lagged returns against current returns
Autocorrelation, which is Copenhagen Capital 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 Copenhagen Capital's stock expected returns. We can calculate the autocorrelation of Copenhagen Capital returns to help us make a trade decision. For example, suppose you find that Copenhagen Capital 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 |
Copenhagen Capital 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 Copenhagen Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Copenhagen Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Copenhagen Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Copenhagen Capital Lagged Returns
When evaluating Copenhagen Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Copenhagen Capital stock have on its future price. Copenhagen Capital 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, Copenhagen Capital autocorrelation shows the relationship between Copenhagen Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Copenhagen Capital AS.
Regressed Prices |
| Timeline |
Pair Trading with Copenhagen Capital
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 Copenhagen Capital 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 Copenhagen Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Copenhagen Stock
The ability to find closely correlated positions to Copenhagen Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Copenhagen Capital 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 Copenhagen Capital - 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 Copenhagen Capital AS to buy it.
The correlation of Copenhagen Capital 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 Copenhagen Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Copenhagen Capital 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 Copenhagen Capital 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 Copenhagen Stock
Copenhagen Capital financial ratios help investors to determine whether Copenhagen 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 Copenhagen with respect to the benefits of owning Copenhagen Capital security.