Lollands Bank (Denmark) Market Value
| LOLB Stock | DKK 555.00 5.00 0.89% |
| Symbol | Lollands |
Lollands Bank '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 Lollands Bank'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 Lollands Bank.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Lollands Bank on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Lollands Bank or generate 0.0% return on investment in Lollands Bank over 690 days. Lollands Bank is related to or competes with Dataproces Group, CBrain AS, ALK Abell, and ChemoMetec. Lollands Bank AS provides various banking products and services to private and corporate customers More
Lollands Bank 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 Lollands Bank'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 Lollands Bank upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 5.44 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 1.82 |
Lollands Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lollands Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lollands Bank's standard deviation. In reality, there are many statistical measures that can use Lollands Bank historical prices to predict the future Lollands Bank's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.34) |
Lollands Bank Backtested Returns
Lollands Bank has Sharpe Ratio of -0.0042, which conveys that the firm had a -0.0042% return per unit of risk over the last 3 months. Lollands Bank exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lollands Bank's Risk Adjusted Performance of (0.02), standard deviation of 1.34, and Mean Deviation of 1.01 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lollands Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lollands Bank is expected to be smaller as well. At this point, Lollands Bank has a negative expected return of -0.0055%. Please make sure to verify Lollands Bank's information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if Lollands Bank performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
Lollands Bank has insignificant predictability. Overlapping area represents the amount of predictability between Lollands Bank time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 to 26th 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 Lollands Bank price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Lollands Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 186.31 |
Lollands Bank lagged returns against current returns
Autocorrelation, which is Lollands Bank 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 Lollands Bank's stock expected returns. We can calculate the autocorrelation of Lollands Bank returns to help us make a trade decision. For example, suppose you find that Lollands Bank 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 |
Lollands Bank 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 Lollands Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lollands Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lollands Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Lollands Bank Lagged Returns
When evaluating Lollands Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lollands Bank stock have on its future price. Lollands Bank 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, Lollands Bank autocorrelation shows the relationship between Lollands Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Lollands Bank.
Regressed Prices |
| Timeline |
Pair Trading with Lollands 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 Lollands 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 Lollands Bank will appreciate offsetting losses from the drop in the long position's value.Moving against Lollands Stock
The ability to find closely correlated positions to Lollands 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 Lollands 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 Lollands 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 Lollands Bank to buy it.
The correlation of Lollands 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 Lollands Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lollands Bank 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 Lollands 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 Lollands Stock
Lollands Bank financial ratios help investors to determine whether Lollands 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 Lollands with respect to the benefits of owning Lollands Bank security.