Sydinvest Mellemlange (Denmark) Market Value
| SYIMOADKK | DKK 90.40 0.12 0.13% |
| Symbol | Sydinvest |
Please note, there is a significant difference between Sydinvest Mellemlange's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sydinvest Mellemlange is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sydinvest Mellemlange'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.
Sydinvest Mellemlange '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 Sydinvest Mellemlange'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 Sydinvest Mellemlange.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Sydinvest Mellemlange on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Sydinvest Mellemlange Obligationer or generate 0.0% return on investment in Sydinvest Mellemlange over 30 days. Sydinvest Mellemlange is related to or competes with TROPHY GAMES, Nordinvestments, NTG Nordic, Skjern Bank, and Spar Nord. More
Sydinvest Mellemlange 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 Sydinvest Mellemlange'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 Sydinvest Mellemlange Obligationer upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.75 | |||
| Value At Risk | (0.23) | |||
| Potential Upside | 0.2338 |
Sydinvest Mellemlange Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sydinvest Mellemlange's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sydinvest Mellemlange's standard deviation. In reality, there are many statistical measures that can use Sydinvest Mellemlange historical prices to predict the future Sydinvest Mellemlange's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.91) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sydinvest Mellemlange'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.
Sydinvest Mellemlange Backtested Returns
Sydinvest Mellemlange owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0704, which indicates the firm had a -0.0704% return per unit of risk over the last 3 months. Sydinvest Mellemlange Obligationer exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sydinvest Mellemlange's Coefficient Of Variation of (1,420), risk adjusted performance of (0.06), and Variance of 0.0671 to confirm the risk estimate we provide. The entity has a beta of 0.031, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sydinvest Mellemlange's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sydinvest Mellemlange is expected to be smaller as well. Sydinvest Mellemlange has an expected return of -0.0182%. Please make sure to validate Sydinvest Mellemlange total risk alpha, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Sydinvest Mellemlange performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Sydinvest Mellemlange Obligationer has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sydinvest Mellemlange time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 Sydinvest Mellemlange price movement. The serial correlation of -0.16 indicates that over 16.0% of current Sydinvest Mellemlange price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Sydinvest Mellemlange lagged returns against current returns
Autocorrelation, which is Sydinvest Mellemlange 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 Sydinvest Mellemlange's stock expected returns. We can calculate the autocorrelation of Sydinvest Mellemlange returns to help us make a trade decision. For example, suppose you find that Sydinvest Mellemlange 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 |
Sydinvest Mellemlange 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 Sydinvest Mellemlange stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sydinvest Mellemlange stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sydinvest Mellemlange stock over time.
Current vs Lagged Prices |
| Timeline |
Sydinvest Mellemlange Lagged Returns
When evaluating Sydinvest Mellemlange's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sydinvest Mellemlange stock have on its future price. Sydinvest Mellemlange 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, Sydinvest Mellemlange autocorrelation shows the relationship between Sydinvest Mellemlange stock current value and its past values and can show if there is a momentum factor associated with investing in Sydinvest Mellemlange Obligationer.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Sydinvest Mellemlange Correlation, Sydinvest Mellemlange Volatility and Sydinvest Mellemlange Alpha and Beta module to complement your research on Sydinvest Mellemlange. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Sydinvest Stock analysis
When running Sydinvest Mellemlange's price analysis, check to measure Sydinvest Mellemlange'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 Sydinvest Mellemlange is operating at the current time. Most of Sydinvest Mellemlange's value examination focuses on studying past and present price action to predict the probability of Sydinvest Mellemlange's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sydinvest Mellemlange's price. Additionally, you may evaluate how the addition of Sydinvest Mellemlange to your portfolios can decrease your overall portfolio volatility.
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Sydinvest Mellemlange 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.