Maj Invest (Denmark) Market Value
| MAJVAA Fund | DKK 186.35 1.87 1.01% |
| Symbol | Maj |
Please note, there is a significant difference between Maj Invest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Maj Invest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Maj Invest'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.
Maj Invest '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 Maj Invest's fund 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 Maj Invest.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Maj Invest on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Maj Invest Value or generate 0.0% return on investment in Maj Invest over 90 days. Maj Invest is related to or competes with DKIEUHUAKLDKK. More
Maj Invest 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 Maj Invest's fund 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 Maj Invest Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0387 | |||
| Maximum Drawdown | 4.08 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 1.01 |
Maj Invest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maj Invest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maj Invest's standard deviation. In reality, there are many statistical measures that can use Maj Invest historical prices to predict the future Maj Invest's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | 0.0181 | |||
| Treynor Ratio | (0.59) |
Maj Invest Value Backtested Returns
Maj Invest Value has Sharpe Ratio of -0.0719, which conveys that the entity had a -0.0719 % return per unit of risk over the last 3 months. Maj Invest exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Maj Invest's Mean Deviation of 0.558, risk adjusted performance of (0.08), and Standard Deviation of 0.7756 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Maj Invest's returns are expected to increase less than the market. However, during the bear market, the loss of holding Maj Invest is expected to be smaller as well.
Auto-correlation | -0.86 |
Excellent reverse predictability
Maj Invest Value has excellent reverse predictability. Overlapping area represents the amount of predictability between Maj Invest time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Maj Invest Value price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Maj Invest price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 34.2 |
Maj Invest Value lagged returns against current returns
Autocorrelation, which is Maj Invest fund'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 Maj Invest's fund expected returns. We can calculate the autocorrelation of Maj Invest returns to help us make a trade decision. For example, suppose you find that Maj Invest has exhibited high autocorrelation historically, and you observe that the fund 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 |
Maj Invest 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 Maj Invest fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maj Invest fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maj Invest fund over time.
Current vs Lagged Prices |
| Timeline |
Maj Invest Lagged Returns
When evaluating Maj Invest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maj Invest fund have on its future price. Maj Invest 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, Maj Invest autocorrelation shows the relationship between Maj Invest fund current value and its past values and can show if there is a momentum factor associated with investing in Maj Invest Value.
Regressed Prices |
| Timeline |
Other Information on Investing in Maj Fund
Maj Invest financial ratios help investors to determine whether Maj Fund 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 Maj with respect to the benefits of owning Maj Invest security.
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