PFA Invest (Denmark) Market Value
| PFIBAB Stock | DKK 139.45 0.04 0.03% |
| Symbol | PFA |
Please note, there is a significant difference between PFA Invest's value and its price as these two are different measures arrived at by different means. Investors typically determine if PFA Invest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PFA 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.
PFA 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 PFA 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 PFA Invest.
| 05/01/2023 |
| 04/25/2024 |
If you would invest 0.00 in PFA Invest on May 1, 2023 and sell it all today you would earn a total of 0.00 from holding PFA Invest Balance or generate 0.0% return on investment in PFA Invest over 360 days. PFA Invest is related to or competes with Novo Nordisk, Nordea Bank, DSV Panalpina, AP Mller, AP Mller, Orsted AS, and Vestas Wind. More
PFA 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 PFA 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 PFA Invest Balance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4132 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 2.16 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.7221 |
PFA Invest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PFA Invest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PFA Invest's standard deviation. In reality, there are many statistical measures that can use PFA Invest historical prices to predict the future PFA Invest's volatility.| Risk Adjusted Performance | 0.1152 | |||
| Jensen Alpha | 0.0769 | |||
| Total Risk Alpha | 0.0121 | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.44) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PFA Invest's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PFA Invest Balance Backtested Returns
We consider PFA Invest very steady. PFA Invest Balance retains Efficiency (Sharpe Ratio) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for PFA Invest, which you can use to evaluate the volatility of the company. Please check PFA Invest's market risk adjusted performance of (0.43), and Semi Deviation of 0.194 to confirm if the risk estimate we provide is consistent with the expected return of 0.0624%. PFA Invest has a performance score of 12 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PFA Invest are expected to decrease at a much lower rate. During the bear market, PFA Invest is likely to outperform the market. PFA Invest Balance at this time owns a risk of 0.39%. Please check PFA Invest Balance jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to decide if PFA Invest Balance will be following its current price history.
Auto-correlation | 0.43 |
Average predictability
PFA Invest Balance has average predictability. Overlapping area represents the amount of predictability between PFA Invest time series from 1st of May 2023 to 28th of October 2023 and 28th of October 2023 to 25th of April 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 PFA Invest Balance price movement. The serial correlation of 0.43 indicates that just about 43.0% of current PFA Invest price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 23.64 |
PFA Invest Balance lagged returns against current returns
Autocorrelation, which is PFA 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 PFA Invest's stock expected returns. We can calculate the autocorrelation of PFA Invest returns to help us make a trade decision. For example, suppose you find that PFA 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 |
PFA 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 PFA Invest stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PFA Invest stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PFA Invest stock over time.
Current vs Lagged Prices |
| Timeline |
PFA Invest Lagged Returns
When evaluating PFA Invest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PFA Invest stock have on its future price. PFA 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, PFA Invest autocorrelation shows the relationship between PFA Invest stock current value and its past values and can show if there is a momentum factor associated with investing in PFA Invest Balance.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PFA Invest in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PFA Invest's short interest history, or implied volatility extrapolated from PFA Invest options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as PFA Invest Balance using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out PFA Invest Correlation, PFA Invest Volatility and PFA Invest Alpha and Beta module to complement your research on PFA Invest. Note that the PFA Invest Balance information on this page should be used as a complementary analysis to other PFA Invest's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for PFA Stock analysis
When running PFA Invest's price analysis, check to measure PFA Invest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PFA Invest is operating at the current time. Most of PFA Invest's value examination focuses on studying past and present price action to predict the probability of PFA Invest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PFA Invest's price. Additionally, you may evaluate how the addition of PFA Invest to your portfolios can decrease your overall portfolio volatility.
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PFA Invest technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.