Strategic Investments (Denmark) Market Value
| STRINV Stock | DKK 0.90 0.05 5.26% |
| Symbol | Strategic |
Strategic Investments '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 Strategic Investments' 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 Strategic Investments.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Strategic Investments on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Strategic Investments AS or generate 0.0% return on investment in Strategic Investments over 90 days. Strategic Investments is related to or competes with SKAKO AS, and Rovsing AS. Strategic Investments AS invests in securities and financial instruments in Denmark More
Strategic Investments 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 Strategic Investments' 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 Strategic Investments AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.33 | |||
| Information Ratio | 0.0616 | |||
| Maximum Drawdown | 10.69 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 5.26 |
Strategic Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Strategic Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Strategic Investments' standard deviation. In reality, there are many statistical measures that can use Strategic Investments historical prices to predict the future Strategic Investments' volatility.| Risk Adjusted Performance | 0.0283 | |||
| Jensen Alpha | 0.0316 | |||
| Total Risk Alpha | 0.2769 | |||
| Sortino Ratio | 0.0588 | |||
| Treynor Ratio | (0.28) |
Strategic Investments Backtested Returns
Strategic Investments owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0587, which indicates the firm had a -0.0587 % return per unit of risk over the last 3 months. Strategic Investments AS exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Strategic Investments' Semi Deviation of 1.6, risk adjusted performance of 0.0283, and Coefficient Of Variation of 3949.75 to confirm the risk estimate we provide. The entity has a beta of -0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Strategic Investments are expected to decrease at a much lower rate. During the bear market, Strategic Investments is likely to outperform the market. At this point, Strategic Investments has a negative expected return of -0.14%. Please make sure to validate Strategic Investments' potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Strategic Investments performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.16 |
Very weak predictability
Strategic Investments AS has very weak predictability. Overlapping area represents the amount of predictability between Strategic Investments time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Strategic Investments price movement. The serial correlation of 0.16 indicates that over 16.0% of current Strategic Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Strategic Investments lagged returns against current returns
Autocorrelation, which is Strategic Investments 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 Strategic Investments' stock expected returns. We can calculate the autocorrelation of Strategic Investments returns to help us make a trade decision. For example, suppose you find that Strategic Investments 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 |
Strategic Investments 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 Strategic Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Strategic Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Strategic Investments stock over time.
Current vs Lagged Prices |
| Timeline |
Strategic Investments Lagged Returns
When evaluating Strategic Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Strategic Investments stock have on its future price. Strategic Investments 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, Strategic Investments autocorrelation shows the relationship between Strategic Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Strategic Investments AS.
Regressed Prices |
| Timeline |
Pair Trading with Strategic Investments
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 Strategic Investments 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 Strategic Investments will appreciate offsetting losses from the drop in the long position's value.Moving together with Strategic Stock
Moving against Strategic Stock
| 0.68 | RBREW | Royal Unibrew AS | PairCorr |
| 0.66 | HH | HH International | PairCorr |
| 0.63 | TRYG | Tryg AS | PairCorr |
| 0.55 | CARL-B | Carlsberg AS | PairCorr |
| 0.54 | AOJ-B | Broedrene AO Johansen Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Strategic Investments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Strategic Investments 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 Strategic Investments - 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 Strategic Investments AS to buy it.
The correlation of Strategic Investments 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 Strategic Investments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strategic Investments 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 Strategic Investments 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 Strategic Stock
Strategic Investments financial ratios help investors to determine whether Strategic 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 Strategic with respect to the benefits of owning Strategic Investments security.