Sydinvest Virksomhedsoblig (Denmark) Market Value
| SYIVOHYADKK | DKK 88.60 0.00 0.00% |
| Symbol | Sydinvest |
Please note, there is a significant difference between Sydinvest Virksomhedsoblig's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sydinvest Virksomhedsoblig is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sydinvest Virksomhedsoblig'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.
Sydinvest Virksomhedsoblig '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 Sydinvest Virksomhedsoblig'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 Sydinvest Virksomhedsoblig.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Sydinvest Virksomhedsoblig on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Sydinvest Virksomhedsobligationer HY or generate 0.0% return on investment in Sydinvest Virksomhedsoblig over 30 days. Sydinvest Virksomhedsoblig is related to or competes with DKIEUHUAKLDKK. More
Sydinvest Virksomhedsoblig 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 Sydinvest Virksomhedsoblig'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 Sydinvest Virksomhedsobligationer HY upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3782 | |||
| Information Ratio | 0.1833 | |||
| Maximum Drawdown | 1.21 | |||
| Value At Risk | (0.34) | |||
| Potential Upside | 0.3669 |
Sydinvest Virksomhedsoblig Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sydinvest Virksomhedsoblig's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sydinvest Virksomhedsoblig's standard deviation. In reality, there are many statistical measures that can use Sydinvest Virksomhedsoblig historical prices to predict the future Sydinvest Virksomhedsoblig's volatility.| Risk Adjusted Performance | 0.0656 | |||
| Jensen Alpha | 0.0156 | |||
| Total Risk Alpha | 0.0228 | |||
| Sortino Ratio | 0.1033 | |||
| Treynor Ratio | (0.79) |
Sydinvest Virksomhedsoblig Backtested Returns
At this stage we consider Sydinvest Fund to be very steady. Sydinvest Virksomhedsoblig owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Sydinvest Virksomhedsobligationer HY, which you can use to evaluate the volatility of the fund. Please validate Sydinvest Virksomhedsoblig's Risk Adjusted Performance of 0.0656, coefficient of variation of 816.79, and Semi Deviation of 0.0372 to confirm if the risk estimate we provide is consistent with the expected return of 0.0302%. The entity has a beta of -0.0203, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sydinvest Virksomhedsoblig are expected to decrease at a much lower rate. During the bear market, Sydinvest Virksomhedsoblig is likely to outperform the market.
Auto-correlation | -0.47 |
Modest reverse predictability
Sydinvest Virksomhedsobligationer HY has modest reverse predictability. Overlapping area represents the amount of predictability between Sydinvest Virksomhedsoblig 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 Sydinvest Virksomhedsoblig price movement. The serial correlation of -0.47 indicates that about 47.0% of current Sydinvest Virksomhedsoblig price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Sydinvest Virksomhedsoblig lagged returns against current returns
Autocorrelation, which is Sydinvest Virksomhedsoblig 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 Sydinvest Virksomhedsoblig's fund expected returns. We can calculate the autocorrelation of Sydinvest Virksomhedsoblig returns to help us make a trade decision. For example, suppose you find that Sydinvest Virksomhedsoblig 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 |
Sydinvest Virksomhedsoblig 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 Sydinvest Virksomhedsoblig fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sydinvest Virksomhedsoblig fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sydinvest Virksomhedsoblig fund over time.
Current vs Lagged Prices |
| Timeline |
Sydinvest Virksomhedsoblig Lagged Returns
When evaluating Sydinvest Virksomhedsoblig's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sydinvest Virksomhedsoblig fund have on its future price. Sydinvest Virksomhedsoblig 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, Sydinvest Virksomhedsoblig autocorrelation shows the relationship between Sydinvest Virksomhedsoblig fund current value and its past values and can show if there is a momentum factor associated with investing in Sydinvest Virksomhedsobligationer HY.
Regressed Prices |
| Timeline |
Pair Trading with Sydinvest Virksomhedsoblig
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 Sydinvest Virksomhedsoblig 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 Sydinvest Virksomhedsoblig will appreciate offsetting losses from the drop in the long position's value.Moving together with Sydinvest Fund
The ability to find closely correlated positions to Sydinvest Virksomhedsoblig could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sydinvest Virksomhedsoblig 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 Sydinvest Virksomhedsoblig - 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 Sydinvest Virksomhedsobligationer HY to buy it.
The correlation of Sydinvest Virksomhedsoblig 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 Sydinvest Virksomhedsoblig moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sydinvest Virksomhedsoblig 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 Sydinvest Virksomhedsoblig 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 Sydinvest Fund
Sydinvest Virksomhedsoblig financial ratios help investors to determine whether Sydinvest 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 Sydinvest with respect to the benefits of owning Sydinvest Virksomhedsoblig security.
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