Gjensidige Forsikring Asa Stock Market Value

GJNSF Stock  USD 17.52  0.00  0.00%   
Gjensidige Forsikring's market value is the price at which a share of Gjensidige Forsikring trades on a public exchange. It measures the collective expectations of Gjensidige Forsikring ASA investors about its performance. Gjensidige Forsikring is trading at 17.52 as of the 2nd of March 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 17.52.
With this module, you can estimate the performance of a buy and hold strategy of Gjensidige Forsikring ASA and determine expected loss or profit from investing in Gjensidige Forsikring over a given investment horizon. Check out Gjensidige Forsikring Correlation, Gjensidige Forsikring Volatility and Gjensidige Forsikring Alpha and Beta module to complement your research on Gjensidige Forsikring.
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Please note, there is a significant difference between Gjensidige Forsikring's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gjensidige Forsikring is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gjensidige Forsikring'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.

Gjensidige Forsikring '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 Gjensidige Forsikring's otc 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 Gjensidige Forsikring.
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01/31/2025
No Change 0.00  0.0 
In 31 days
03/02/2025
0.00
If you would invest  0.00  in Gjensidige Forsikring on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Gjensidige Forsikring ASA or generate 0.0% return on investment in Gjensidige Forsikring over 30 days. Gjensidige Forsikring is related to or competes with Argo Group, Horace Mann, ProAssurance, Kemper, and Selective Insurance. Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania,... More

Gjensidige Forsikring 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 Gjensidige Forsikring's otc 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 Gjensidige Forsikring ASA upside and downside potential and time the market with a certain degree of confidence.

Gjensidige Forsikring Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gjensidige Forsikring's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gjensidige Forsikring's standard deviation. In reality, there are many statistical measures that can use Gjensidige Forsikring historical prices to predict the future Gjensidige Forsikring's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gjensidige Forsikring's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
17.5217.5217.52
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Intrinsic
Valuation
LowRealHigh
17.5217.5217.52
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Naive
Forecast
LowNextHigh
17.5217.5217.52
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.5217.5217.52
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Gjensidige Forsikring ASA Backtested Returns

We have found three technical indicators for Gjensidige Forsikring ASA, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Gjensidige Forsikring are completely uncorrelated.

Auto-correlation

    
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No correlation between past and present

Gjensidige Forsikring ASA has no correlation between past and present. Overlapping area represents the amount of predictability between Gjensidige Forsikring 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 Gjensidige Forsikring ASA price movement. The serial correlation of 0.0 indicates that just 0.0% of current Gjensidige Forsikring price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Gjensidige Forsikring ASA lagged returns against current returns

Autocorrelation, which is Gjensidige Forsikring otc 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 Gjensidige Forsikring's otc stock expected returns. We can calculate the autocorrelation of Gjensidige Forsikring returns to help us make a trade decision. For example, suppose you find that Gjensidige Forsikring has exhibited high autocorrelation historically, and you observe that the otc 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   
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Gjensidige Forsikring 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 Gjensidige Forsikring otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gjensidige Forsikring otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gjensidige Forsikring otc stock over time.
   Current vs Lagged Prices   
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Gjensidige Forsikring Lagged Returns

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

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Other Information on Investing in Gjensidige OTC Stock

Gjensidige Forsikring financial ratios help investors to determine whether Gjensidige OTC 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 Gjensidige with respect to the benefits of owning Gjensidige Forsikring security.