Xact Kapitalforvaltni (Denmark) Market Value
| XACTC25 Etf | DKK 184.02 0.18 0.1% |
| Symbol | Xact |
Xact Kapitalforvaltni '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 Xact Kapitalforvaltni's etf 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 Xact Kapitalforvaltni.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Xact Kapitalforvaltni on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Xact Kapitalforvaltning or generate 0.0% return on investment in Xact Kapitalforvaltni over 90 days. The fund is an exchange-traded index fund and its objective is to follow the performance of the OMX Copenhagen 25 Index ... More
Xact Kapitalforvaltni 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 Xact Kapitalforvaltni's etf 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 Xact Kapitalforvaltning upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0167 | |||
| Maximum Drawdown | 4.55 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 1.32 |
Xact Kapitalforvaltni Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xact Kapitalforvaltni's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xact Kapitalforvaltni's standard deviation. In reality, there are many statistical measures that can use Xact Kapitalforvaltni historical prices to predict the future Xact Kapitalforvaltni's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.0345 | |||
| Treynor Ratio | (0.34) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Xact Kapitalforvaltni'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.
Xact Kapitalforvaltning Backtested Returns
Xact Kapitalforvaltning shows Sharpe Ratio of -0.0956, which attests that the etf had a -0.0956 % return per unit of risk over the last 3 months. Xact Kapitalforvaltning exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xact Kapitalforvaltni's Market Risk Adjusted Performance of (0.33), mean deviation of 0.709, and Standard Deviation of 0.9533 to validate the risk estimate we provide. The entity maintains a market beta of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Xact Kapitalforvaltni's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xact Kapitalforvaltni is expected to be smaller as well.
Auto-correlation | -0.56 |
Good reverse predictability
Xact Kapitalforvaltning has good reverse predictability. Overlapping area represents the amount of predictability between Xact Kapitalforvaltni time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Xact Kapitalforvaltning price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Xact Kapitalforvaltni price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 9.37 |
Xact Kapitalforvaltning lagged returns against current returns
Autocorrelation, which is Xact Kapitalforvaltni etf'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 Xact Kapitalforvaltni's etf expected returns. We can calculate the autocorrelation of Xact Kapitalforvaltni returns to help us make a trade decision. For example, suppose you find that Xact Kapitalforvaltni has exhibited high autocorrelation historically, and you observe that the etf 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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Xact Kapitalforvaltni 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 Xact Kapitalforvaltni etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xact Kapitalforvaltni etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xact Kapitalforvaltni etf over time.
Current vs Lagged Prices |
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Xact Kapitalforvaltni Lagged Returns
When evaluating Xact Kapitalforvaltni's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xact Kapitalforvaltni etf have on its future price. Xact Kapitalforvaltni 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, Xact Kapitalforvaltni autocorrelation shows the relationship between Xact Kapitalforvaltni etf current value and its past values and can show if there is a momentum factor associated with investing in Xact Kapitalforvaltning.
Regressed Prices |
| Timeline |
Other Information on Investing in Xact Etf
Xact Kapitalforvaltni financial ratios help investors to determine whether Xact Etf 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 Xact with respect to the benefits of owning Xact Kapitalforvaltni security.