Fundamental Invest (Denmark) Market Value
| FUISP Stock | DKK 194.96 3.04 1.58% |
| Symbol | Fundamental |
Please note, there is a significant difference between Fundamental Invest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fundamental Invest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fundamental Invest'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.
Fundamental Invest '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 Fundamental Invest'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 Fundamental Invest.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Fundamental Invest on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Fundamental Invest Stock or generate 0.0% return on investment in Fundamental Invest over 180 days. Fundamental Invest is related to or competes with Novo Nordisk, Nordea Bank, DSV Panalpina, AP Mller, AP Mller, Orsted AS, and Vestas Wind. More
Fundamental Invest 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 Fundamental Invest'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 Fundamental Invest Stock upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 3.76 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.5 |
Fundamental Invest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fundamental Invest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fundamental Invest's standard deviation. In reality, there are many statistical measures that can use Fundamental Invest historical prices to predict the future Fundamental Invest's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.68) |
Fundamental Invest Stock Backtested Returns
Fundamental Invest Stock secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. Fundamental Invest Stock exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fundamental Invest's Variance of 0.6376, mean deviation of 0.5951, and Standard Deviation of 0.7985 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, Fundamental Invest's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fundamental Invest is expected to be smaller as well. At this point, Fundamental Invest Stock has a negative expected return of -0.12%. Please make sure to confirm Fundamental Invest's information ratio, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Fundamental Invest Stock performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Fundamental Invest Stock has below average predictability. Overlapping area represents the amount of predictability between Fundamental Invest time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Fundamental Invest Stock price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Fundamental Invest price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 38.38 |
Fundamental Invest Stock lagged returns against current returns
Autocorrelation, which is Fundamental Invest 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 Fundamental Invest's stock expected returns. We can calculate the autocorrelation of Fundamental Invest returns to help us make a trade decision. For example, suppose you find that Fundamental Invest 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 |
Fundamental Invest 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 Fundamental Invest stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fundamental Invest stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fundamental Invest stock over time.
Current vs Lagged Prices |
| Timeline |
Fundamental Invest Lagged Returns
When evaluating Fundamental Invest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fundamental Invest stock have on its future price. Fundamental Invest 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, Fundamental Invest autocorrelation shows the relationship between Fundamental Invest stock current value and its past values and can show if there is a momentum factor associated with investing in Fundamental Invest Stock.
Regressed Prices |
| Timeline |
Pair Trading with Fundamental 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 Fundamental 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 Fundamental Invest will appreciate offsetting losses from the drop in the long position's value.Moving together with Fundamental Stock
Moving against Fundamental Stock
| 0.71 | DSV | DSV Panalpina AS | PairCorr |
| 0.69 | MAJDKO | Maj Invest | PairCorr |
| 0.68 | DKIGLOVO | Danske Invest | PairCorr |
| 0.67 | MAJPEN | Maj Invest Pension | PairCorr |
| 0.62 | DKINYM | Investeringsforeningen | PairCorr |
The ability to find closely correlated positions to Fundamental 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 Fundamental 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 Fundamental 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 Fundamental Invest Stock to buy it.
The correlation of Fundamental 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 Fundamental Invest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fundamental Invest Stock 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 Fundamental 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 Fundamental Stock
Fundamental Invest financial ratios help investors to determine whether Fundamental 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 Fundamental with respect to the benefits of owning Fundamental Invest security.