BankInvest Virksomhedsoblig (Denmark) Market Value
| BAIVOIGAKA | DKK 147.40 0.00 0.00% |
| Symbol | BankInvest |
Please note, there is a significant difference between BankInvest Virksomhedsoblig's value and its price as these two are different measures arrived at by different means. Investors typically determine if BankInvest Virksomhedsoblig is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BankInvest 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.
BankInvest 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 BankInvest 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 BankInvest Virksomhedsoblig.
| 01/18/2023 |
| 01/07/2025 |
If you would invest 0.00 in BankInvest Virksomhedsoblig on January 18, 2023 and sell it all today you would earn a total of 0.00 from holding BankInvest Virksomhedsobligationer or generate 0.0% return on investment in BankInvest Virksomhedsoblig over 720 days. More
BankInvest 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 BankInvest 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 BankInvest Virksomhedsobligationer upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3237 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 1.1 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 0.4124 |
BankInvest Virksomhedsoblig Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BankInvest Virksomhedsoblig's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BankInvest Virksomhedsoblig's standard deviation. In reality, there are many statistical measures that can use BankInvest Virksomhedsoblig historical prices to predict the future BankInvest Virksomhedsoblig's volatility.| Risk Adjusted Performance | 0.0389 | |||
| Jensen Alpha | 0.0089 | |||
| Total Risk Alpha | 0.0045 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.09) |
BankInvest Virksomhedsoblig Backtested Returns
At this point, BankInvest Virksomhedsoblig is very steady. BankInvest Virksomhedsoblig secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the fund had a 0.1% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for BankInvest Virksomhedsobligationer, which you can use to evaluate the volatility of the entity. Please confirm BankInvest Virksomhedsoblig's Mean Deviation of 0.1366, downside deviation of 0.3237, and Risk Adjusted Performance of 0.0389 to double-check if the risk estimate we provide is consistent with the expected return of 0.0216%. The fund shows a Beta (market volatility) of -0.0904, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BankInvest Virksomhedsoblig are expected to decrease at a much lower rate. During the bear market, BankInvest Virksomhedsoblig is likely to outperform the market.
Auto-correlation | 0.65 |
Good predictability
BankInvest Virksomhedsobligationer has good predictability. Overlapping area represents the amount of predictability between BankInvest Virksomhedsoblig time series from 18th of January 2023 to 13th of January 2024 and 13th of January 2024 to 7th of January 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 BankInvest Virksomhedsoblig price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current BankInvest Virksomhedsoblig price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 5.08 |
BankInvest Virksomhedsoblig lagged returns against current returns
Autocorrelation, which is BankInvest 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 BankInvest Virksomhedsoblig's fund expected returns. We can calculate the autocorrelation of BankInvest Virksomhedsoblig returns to help us make a trade decision. For example, suppose you find that BankInvest 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 |
BankInvest 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 BankInvest Virksomhedsoblig fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BankInvest Virksomhedsoblig fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BankInvest Virksomhedsoblig fund over time.
Current vs Lagged Prices |
| Timeline |
BankInvest Virksomhedsoblig Lagged Returns
When evaluating BankInvest Virksomhedsoblig's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BankInvest Virksomhedsoblig fund have on its future price. BankInvest 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, BankInvest Virksomhedsoblig autocorrelation shows the relationship between BankInvest Virksomhedsoblig fund current value and its past values and can show if there is a momentum factor associated with investing in BankInvest Virksomhedsobligationer.
Regressed Prices |
| Timeline |
Pair Trading with BankInvest 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 BankInvest 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 BankInvest Virksomhedsoblig will appreciate offsetting losses from the drop in the long position's value.Moving together with BankInvest Fund
| 0.81 | JYIKOB | Jyske Invest Korte | PairCorr |
| 0.85 | JYIVIRK | Jyske Invest Virksom | PairCorr |
| 0.92 | JYIHRV | Jyske Invest Hjt | PairCorr |
The ability to find closely correlated positions to BankInvest 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 BankInvest 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 BankInvest 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 BankInvest Virksomhedsobligationer to buy it.
The correlation of BankInvest 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 BankInvest Virksomhedsoblig moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BankInvest 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 BankInvest 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 BankInvest Fund
BankInvest Virksomhedsoblig financial ratios help investors to determine whether BankInvest 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 BankInvest with respect to the benefits of owning BankInvest Virksomhedsoblig security.
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