Bankinvest Lange Danske Fund Current Valuation
| BAILDOBA | DKK 84.56 0.04 0.05% |
Valuation analysis of BankInvest Lange Danske helps investors to measure BankInvest Lange's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
BankInvest Lange Danske Fund Current Valuation Analysis
BankInvest Lange's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
In accordance with the recently published financial statements, BankInvest Lange Danske has a Current Valuation of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Current Valuation (which currently averages 0.0) category. This indicator is about the same for all Denmark funds average (which is currently at 0.0).
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About BankInvest Lange Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BankInvest Lange Danske's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BankInvest Lange using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BankInvest Lange Danske based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 BankInvest Lange 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, BankInvest Lange's short interest history, or implied volatility extrapolated from BankInvest Lange options trading.
Pair Trading with BankInvest Lange
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 BankInvest Lange 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 BankInvest Lange will appreciate offsetting losses from the drop in the long position's value.Moving together with BankInvest Fund
| 0.74 | JYINOB | Jyske Invest Nye | PairCorr |
| 0.73 | JYIHRV | Jyske Invest Hjt | PairCorr |
| 0.79 | JYILOB | Jyske Invest Lange | PairCorr |
The ability to find closely correlated positions to BankInvest Lange could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BankInvest Lange 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 BankInvest Lange - 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 BankInvest Lange Danske to buy it.
The correlation of BankInvest Lange 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 BankInvest Lange moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BankInvest Lange Danske 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 BankInvest Lange 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BankInvest Lange Danske. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the BankInvest Lange Danske information on this page should be used as a complementary analysis to other BankInvest Lange'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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Please note, there is a significant difference between BankInvest Lange's value and its price as these two are different measures arrived at by different means. Investors typically determine if BankInvest Lange is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BankInvest Lange'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.