Gyldendal (Denmark) Market Value
| GYLD-B Stock | DKK 310.00 4.00 1.31% |
| Symbol | Gyldendal |
Gyldendal '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 Gyldendal'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 Gyldendal.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Gyldendal on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Gyldendal AS or generate 0.0% return on investment in Gyldendal over 90 days. Gyldendal is related to or competes with Flgger Group, Gabriel Holding, Lollands Bank, and Groenlandsbanken. The company publishes books in the areas of knowledge, art, culture, and entertainment More
Gyldendal 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 Gyldendal'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 Gyldendal AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.62 | |||
| Information Ratio | 0.0889 | |||
| Maximum Drawdown | 16.86 | |||
| Value At Risk | (5.45) | |||
| Potential Upside | 6.9 |
Gyldendal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gyldendal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gyldendal's standard deviation. In reality, there are many statistical measures that can use Gyldendal historical prices to predict the future Gyldendal's volatility.| Risk Adjusted Performance | 0.0502 | |||
| Jensen Alpha | 0.2392 | |||
| Total Risk Alpha | 0.6276 | |||
| Sortino Ratio | 0.0767 | |||
| Treynor Ratio | 0.2177 |
Gyldendal AS Backtested Returns
Gyldendal appears to be very steady, given 3 months investment horizon. Gyldendal AS holds Efficiency (Sharpe) Ratio of 0.0616, which attests that the entity had a 0.0616 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Gyldendal AS, which you can use to evaluate the volatility of the firm. Please utilize Gyldendal's Downside Deviation of 3.62, risk adjusted performance of 0.0502, and Market Risk Adjusted Performance of 0.2277 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gyldendal holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 0.69, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gyldendal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gyldendal is expected to be smaller as well. Please check Gyldendal's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Gyldendal's current trending patterns will revert.
Auto-correlation | 0.35 |
Below average predictability
Gyldendal AS has below average predictability. Overlapping area represents the amount of predictability between Gyldendal time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Gyldendal AS price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Gyldendal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 97.59 |
Gyldendal AS lagged returns against current returns
Autocorrelation, which is Gyldendal 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 Gyldendal's stock expected returns. We can calculate the autocorrelation of Gyldendal returns to help us make a trade decision. For example, suppose you find that Gyldendal 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 |
Gyldendal 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 Gyldendal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gyldendal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gyldendal stock over time.
Current vs Lagged Prices |
| Timeline |
Gyldendal Lagged Returns
When evaluating Gyldendal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gyldendal stock have on its future price. Gyldendal 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, Gyldendal autocorrelation shows the relationship between Gyldendal stock current value and its past values and can show if there is a momentum factor associated with investing in Gyldendal AS.
Regressed Prices |
| Timeline |
Pair Trading with Gyldendal
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 Gyldendal 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 Gyldendal will appreciate offsetting losses from the drop in the long position's value.Moving against Gyldendal Stock
| 0.81 | STENO | Stenocare AS | PairCorr |
| 0.53 | ZEAL | Zealand Pharma AS | PairCorr |
| 0.39 | NORTHM | North Media AS | PairCorr |
| 0.38 | AQP | Aquaporin AS | PairCorr |
The ability to find closely correlated positions to Gyldendal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gyldendal 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 Gyldendal - 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 Gyldendal AS to buy it.
The correlation of Gyldendal 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 Gyldendal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gyldendal 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 Gyldendal 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 Gyldendal Stock
Gyldendal financial ratios help investors to determine whether Gyldendal 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 Gyldendal with respect to the benefits of owning Gyldendal security.