ValueInvest Global (Denmark) Market Value
| VAIGLOA Stock | DKK 171.85 1.55 0.89% |
| Symbol | ValueInvest |
Please note, there is a significant difference between ValueInvest Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if ValueInvest Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ValueInvest Global'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.
ValueInvest Global '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 ValueInvest Global'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 ValueInvest Global.
| 04/24/2023 |
| 04/18/2024 |
If you would invest 0.00 in ValueInvest Global on April 24, 2023 and sell it all today you would earn a total of 0.00 from holding ValueInvest Global KL or generate 0.0% return on investment in ValueInvest Global over 360 days. ValueInvest Global is related to or competes with Novo Nordisk, Nordea Bank, DSV Panalpina, AP Mller, AP Mller, Orsted AS, and Vestas Wind. ValueInvest Global is an open-ended equity mutual fund launched by Investeringsforeningen ValueInvest Danmark More
ValueInvest Global 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 ValueInvest Global'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 ValueInvest Global KL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 8.31 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.04 |
ValueInvest Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ValueInvest Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ValueInvest Global's standard deviation. In reality, there are many statistical measures that can use ValueInvest Global historical prices to predict the future ValueInvest Global's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 3.27 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ValueInvest Global'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.
ValueInvest Global Backtested Returns
ValueInvest Global owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0901, which indicates the firm had a -0.0901% return per unit of risk over the last 3 months. ValueInvest Global KL exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate ValueInvest Global's Variance of 1.21, coefficient of variation of (1,091), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The entity has a beta of -0.0339, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ValueInvest Global are expected to decrease at a much lower rate. During the bear market, ValueInvest Global is likely to outperform the market. ValueInvest Global has an expected return of -0.1%. Please make sure to validate ValueInvest Global potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if ValueInvest Global performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.29 |
Poor predictability
ValueInvest Global KL has poor predictability. Overlapping area represents the amount of predictability between ValueInvest Global time series from 24th of April 2023 to 21st of October 2023 and 21st of October 2023 to 18th 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 ValueInvest Global price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current ValueInvest Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 17.56 |
ValueInvest Global lagged returns against current returns
Autocorrelation, which is ValueInvest Global 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 ValueInvest Global's stock expected returns. We can calculate the autocorrelation of ValueInvest Global returns to help us make a trade decision. For example, suppose you find that ValueInvest Global 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 |
ValueInvest Global 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 ValueInvest Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ValueInvest Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ValueInvest Global stock over time.
Current vs Lagged Prices |
| Timeline |
ValueInvest Global Lagged Returns
When evaluating ValueInvest Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ValueInvest Global stock have on its future price. ValueInvest Global 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, ValueInvest Global autocorrelation shows the relationship between ValueInvest Global stock current value and its past values and can show if there is a momentum factor associated with investing in ValueInvest Global KL.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out ValueInvest Global Correlation, ValueInvest Global Volatility and ValueInvest Global Alpha and Beta module to complement your research on ValueInvest Global. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for ValueInvest Stock analysis
When running ValueInvest Global's price analysis, check to measure ValueInvest Global'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 ValueInvest Global is operating at the current time. Most of ValueInvest Global's value examination focuses on studying past and present price action to predict the probability of ValueInvest Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ValueInvest Global's price. Additionally, you may evaluate how the addition of ValueInvest Global to your portfolios can decrease your overall portfolio volatility.
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ValueInvest Global 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.