Fynske Bank (Denmark) Market Value

FYNBK Stock  DKK 158.00  2.00  1.28%   
Fynske Bank's market value is the price at which a share of Fynske Bank trades on a public exchange. It measures the collective expectations of Fynske Bank AS investors about its performance. Fynske Bank is trading at 158.00 as of the 1st of March 2025, a 1.28 percent up since the beginning of the trading day. The stock's open price was 156.0.
With this module, you can estimate the performance of a buy and hold strategy of Fynske Bank AS and determine expected loss or profit from investing in Fynske Bank over a given investment horizon. Check out Fynske Bank Correlation, Fynske Bank Volatility and Fynske Bank Alpha and Beta module to complement your research on Fynske Bank.
Symbol

Please note, there is a significant difference between Fynske Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fynske Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fynske Bank'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.

Fynske Bank '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 Fynske Bank'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 Fynske Bank.
0.00
03/12/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/01/2025
0.00
If you would invest  0.00  in Fynske Bank on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding Fynske Bank AS or generate 0.0% return on investment in Fynske Bank over 720 days. Fynske Bank is related to or competes with Skjern Bank, Djurslands Bank, Sparekassen Sjaelland, Groenlandsbanken, and Lollands Bank. Fynske Bank AS provides various banking products and services in Denmark More

Fynske Bank 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 Fynske Bank'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 Fynske Bank AS upside and downside potential and time the market with a certain degree of confidence.

Fynske Bank Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fynske Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fynske Bank's standard deviation. In reality, there are many statistical measures that can use Fynske Bank historical prices to predict the future Fynske Bank's volatility.
Hype
Prediction
LowEstimatedHigh
155.97158.00160.03
Details
Intrinsic
Valuation
LowRealHigh
135.67137.70173.80
Details

Fynske Bank AS Backtested Returns

Fynske Bank appears to be very steady, given 3 months investment horizon. Fynske Bank AS secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Fynske Bank AS, which you can use to evaluate the volatility of the firm. Please utilize Fynske Bank's Downside Deviation of 2.14, coefficient of variation of 967.68, and Mean Deviation of 1.53 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fynske Bank holds a performance score of 8. The firm shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fynske Bank are expected to decrease at a much lower rate. During the bear market, Fynske Bank is likely to outperform the market. Please check Fynske Bank's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Fynske Bank's price patterns will revert.

Auto-correlation

    
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Virtually no predictability

Fynske Bank AS has virtually no predictability. Overlapping area represents the amount of predictability between Fynske Bank time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 Fynske Bank AS price movement. The serial correlation of 0.01 indicates that just 1.0% of current Fynske Bank price fluctuation can be explain by its past prices.
Correlation Coefficient0.01
Spearman Rank Test-0.46
Residual Average0.0
Price Variance61.15

Fynske Bank AS lagged returns against current returns

Autocorrelation, which is Fynske Bank 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 Fynske Bank's stock expected returns. We can calculate the autocorrelation of Fynske Bank returns to help us make a trade decision. For example, suppose you find that Fynske Bank 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  

Fynske Bank 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 Fynske Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fynske Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fynske Bank stock over time.
   Current vs Lagged Prices   
       Timeline  

Fynske Bank Lagged Returns

When evaluating Fynske Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fynske Bank stock have on its future price. Fynske Bank 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, Fynske Bank autocorrelation shows the relationship between Fynske Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Fynske Bank AS.
   Regressed Prices   
       Timeline  

Pair Trading with Fynske Bank

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 Fynske Bank 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 Fynske Bank will appreciate offsetting losses from the drop in the long position's value.

Moving against Fynske Stock

  0.58MOVINN Movinn ASPairCorr
The ability to find closely correlated positions to Fynske Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fynske Bank 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 Fynske Bank - 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 Fynske Bank AS to buy it.
The correlation of Fynske Bank 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 Fynske Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fynske Bank AS 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 Fynske Bank 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Fynske Stock

Fynske Bank financial ratios help investors to determine whether Fynske 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 Fynske with respect to the benefits of owning Fynske Bank security.