Maj Invest Fund Forecast - Period Momentum Indicator
| MAJGS Fund | DKK 106.20 0.35 0.33% |
Maj Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Maj Invest stock prices and determine the direction of Maj Invest 's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Maj Invest's historical fundamentals, such as revenue growth or operating cash flow patterns.
Maj |
| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| 0.22 | (0.35) |
| Check Maj Invest Volatility | Backtest Maj Invest | Trend Details |
Maj Invest Trading Date Momentum
| On November 26 2024 Maj Invest was traded for 106.20 at the closing time. The highest price during the trading period was 106.20 and the lowest recorded bid was listed for 106.20 . There was no trading activity during the period 1.0. Lack of trading volume on November 26, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.33% . The trading delta at closing time to the current price is 0.33% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Maj Invest
For every potential investor in Maj, whether a beginner or expert, Maj Invest's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Maj Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Maj. Basic forecasting techniques help filter out the noise by identifying Maj Invest's price trends.Maj Invest 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 Maj Invest fund to make a market-neutral strategy. Peer analysis of Maj Invest could also be used in its relative valuation, which is a method of valuing Maj Invest by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Maj Invest Technical and Predictive Analytics
The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Maj Invest'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 Maj Invest's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Maj Invest Market Strength Events
Market strength indicators help investors to evaluate how Maj Invest fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Maj Invest shares will generate the highest return on investment. By undertsting and applying Maj Invest fund market strength indicators, traders can identify Maj Invest entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 106.2 | |||
| Day Typical Price | 106.2 | |||
| Price Action Indicator | (0.17) | |||
| Period Momentum Indicator | (0.35) |
Maj Invest Risk Indicators
The analysis of Maj Invest'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 Maj Invest's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting maj fund 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 | 0.646 | |||
| Standard Deviation | 0.8041 | |||
| Variance | 0.6465 |
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 Maj Invest
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 Maj Invest 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 Maj Invest will appreciate offsetting losses from the drop in the long position's value.Moving against Maj Fund
| 0.6 | JYIKOB | Jyske Invest Korte | PairCorr |
| 0.4 | JYILOB | Jyske Invest Lange | PairCorr |
| 0.33 | JYIHRV | Jyske Invest Hjt | PairCorr |
The ability to find closely correlated positions to Maj Invest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maj Invest 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 Maj Invest - 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 Maj Invest to buy it.
The correlation of Maj Invest 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 Maj Invest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maj Invest 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 Maj Invest 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 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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