BankInvest Value (Denmark) Market Value
| BAIVGAA Stock | DKK 108.30 0.35 0.32% |
| Symbol | BankInvest |
Please note, there is a significant difference between BankInvest Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if BankInvest Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BankInvest Value'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.
BankInvest Value '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 BankInvest Value's 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 BankInvest Value.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in BankInvest Value on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding BankInvest Value Globale or generate 0.0% return on investment in BankInvest Value over 30 days. BankInvest Value is related to or competes with Sydbank AS, Jyske Bank, Nordea Bank, Lollands Bank, Groenlandsbanken, TROPHY GAMES, and Kreditbanken. BankInvest - Value Globale Aktier KL is headquartered in Copenhagen, Capital Region of Denmark, Denmark More
BankInvest Value 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 BankInvest Value's 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 BankInvest Value Globale upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5609 | |||
| Information Ratio | 0.0758 | |||
| Maximum Drawdown | 3.19 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 1.78 |
BankInvest Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BankInvest Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BankInvest Value's standard deviation. In reality, there are many statistical measures that can use BankInvest Value historical prices to predict the future BankInvest Value's volatility.| Risk Adjusted Performance | 0.1886 | |||
| Jensen Alpha | 0.1353 | |||
| Total Risk Alpha | 0.059 | |||
| Sortino Ratio | 0.1016 | |||
| Treynor Ratio | 0.5172 |
BankInvest Value Globale Backtested Returns
At this point, BankInvest Value is very steady. BankInvest Value Globale secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BankInvest Value Globale, which you can use to evaluate the volatility of the firm. Please confirm BankInvest Value's Mean Deviation of 0.5777, risk adjusted performance of 0.1886, and Downside Deviation of 0.5609 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. BankInvest Value has a performance score of 15 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BankInvest Value's returns are expected to increase less than the market. However, during the bear market, the loss of holding BankInvest Value is expected to be smaller as well. BankInvest Value Globale right now shows a risk of 0.79%. Please confirm BankInvest Value Globale sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if BankInvest Value Globale will be following its price patterns.
Auto-correlation | 0.78 |
Good predictability
BankInvest Value Globale has good predictability. Overlapping area represents the amount of predictability between BankInvest Value time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BankInvest Value Globale price movement. The serial correlation of 0.78 indicates that around 78.0% of current BankInvest Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 1.41 |
BankInvest Value Globale lagged returns against current returns
Autocorrelation, which is BankInvest Value 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 BankInvest Value's stock expected returns. We can calculate the autocorrelation of BankInvest Value returns to help us make a trade decision. For example, suppose you find that BankInvest Value 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 |
BankInvest Value 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 BankInvest Value stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BankInvest Value stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BankInvest Value stock over time.
Current vs Lagged Prices |
| Timeline |
BankInvest Value Lagged Returns
When evaluating BankInvest Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BankInvest Value stock have on its future price. BankInvest Value 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, BankInvest Value autocorrelation shows the relationship between BankInvest Value stock current value and its past values and can show if there is a momentum factor associated with investing in BankInvest Value Globale.
Regressed Prices |
| Timeline |
Pair Trading with BankInvest Value
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 BankInvest Value 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 BankInvest Value will appreciate offsetting losses from the drop in the long position's value.Moving together with BankInvest Stock
Moving against BankInvest Stock
| 0.91 | VWS | Vestas Wind Systems | PairCorr |
| 0.9 | ESG | Ennogie Solar Group | PairCorr |
| 0.79 | NOVO-B | Novo Nordisk AS | PairCorr |
| 0.75 | GMAB | Genmab AS | PairCorr |
| 0.74 | CONFRZ | Conferize AS | PairCorr |
The ability to find closely correlated positions to BankInvest Value could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BankInvest Value 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 BankInvest Value - 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 BankInvest Value Globale to buy it.
The correlation of BankInvest Value 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 BankInvest Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BankInvest Value Globale 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 BankInvest Value 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 BankInvest Stock
BankInvest Value financial ratios help investors to determine whether BankInvest 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 BankInvest with respect to the benefits of owning BankInvest Value security.