Vestjysk Bank Stock Forecast - Rate Of Daily Change
| VJBA Stock | DKK 4.11 0.01 0.24% |
Vestjysk Stock Forecast is based on your current time horizon.
Vestjysk |
| Check Vestjysk Bank Volatility | Backtest Vestjysk Bank | Information Ratio |
Vestjysk Bank Trading Date Momentum
| On November 25 2024 Vestjysk Bank AS was traded for 4.11 at the closing time. The highest price during the trading period was 4.13 and the lowest recorded bid was listed for 4.10 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare Vestjysk Bank to competition |
Other Forecasting Options for Vestjysk Bank
For every potential investor in Vestjysk, whether a beginner or expert, Vestjysk Bank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Vestjysk Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Vestjysk. Basic forecasting techniques help filter out the noise by identifying Vestjysk Bank's price trends.Vestjysk Bank Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Vestjysk Bank stock to make a market-neutral strategy. Peer analysis of Vestjysk Bank could also be used in its relative valuation, which is a method of valuing Vestjysk Bank by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Vestjysk Bank AS Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Vestjysk Bank's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Vestjysk Bank's current price.| Cycle Indicators | ||
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| Volume Indicators |
Vestjysk Bank Market Strength Events
Market strength indicators help investors to evaluate how Vestjysk Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vestjysk Bank shares will generate the highest return on investment. By undertsting and applying Vestjysk Bank stock market strength indicators, traders can identify Vestjysk Bank AS entry and exit signals to maximize returns.
Vestjysk Bank Risk Indicators
The analysis of Vestjysk Bank's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Vestjysk Bank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vestjysk stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.5909 | |||
| Standard Deviation | 0.7517 | |||
| Variance | 0.5651 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Vestjysk Bank
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 Vestjysk Bank 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 Vestjysk Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Vestjysk Stock
Moving against Vestjysk Stock
| 0.62 | MAJDKO | Maj Invest | PairCorr |
| 0.6 | MAJPEN | Maj Invest Pension | PairCorr |
| 0.58 | DKINYM | Investeringsforeningen | PairCorr |
| 0.57 | DKIGLOVO | Danske Invest | PairCorr |
The ability to find closely correlated positions to Vestjysk Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vestjysk Bank 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 Vestjysk Bank - 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 Vestjysk Bank AS to buy it.
The correlation of Vestjysk Bank 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 Vestjysk Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vestjysk Bank 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 Vestjysk Bank 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 Vestjysk Stock
Vestjysk Bank financial ratios help investors to determine whether Vestjysk 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 Vestjysk with respect to the benefits of owning Vestjysk Bank security.