DKIJAP Stock Forecast - Coefficient Of Variation
| DKIJAP Stock | DKK 135.40 0.62 0.46% |
DKIJAP Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast DKIJAP stock prices and determine the direction of Investeringsforeningen Danske Invest's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of DKIJAP's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out fundamental analysis of DKIJAP to check your projections. DKIJAP |
Most investors in DKIJAP cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the DKIJAP's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets DKIJAP's price structures and extracts relationships that further increase the generated results' accuracy.
| Check DKIJAP Volatility | Backtest DKIJAP | Information Ratio |
DKIJAP Trading Date Momentum
| On April 19 2024 Investeringsforeningen Danske Invest was traded for 135.40 at the closing time. The highest price during the trading period was 135.80 and the lowest recorded bid was listed for 134.80 . There was no trading activity during the period 0.0. Lack of trading volume on April 19, 2024 did not cause price change. The trading delta at closing time to the current price is 0.07% . |
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Other Forecasting Options for DKIJAP
For every potential investor in DKIJAP, whether a beginner or expert, DKIJAP's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. DKIJAP Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in DKIJAP. Basic forecasting techniques help filter out the noise by identifying DKIJAP's price trends.DKIJAP Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DKIJAP stock to make a market-neutral strategy. Peer analysis of DKIJAP could also be used in its relative valuation, which is a method of valuing DKIJAP by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Investeringsforeningen Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of DKIJAP's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of DKIJAP's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
DKIJAP Market Strength Events
Market strength indicators help investors to evaluate how DKIJAP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DKIJAP shares will generate the highest return on investment. By undertsting and applying DKIJAP stock market strength indicators, traders can identify Investeringsforeningen Danske Invest entry and exit signals to maximize returns.
DKIJAP Risk Indicators
The analysis of DKIJAP's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in DKIJAP's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dkijap stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8763 | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.09 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 DKIJAP 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, DKIJAP's short interest history, or implied volatility extrapolated from DKIJAP options trading.
Pair Trading with DKIJAP
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 DKIJAP 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 DKIJAP will appreciate offsetting losses from the drop in the long position's value.Moving against DKIJAP Stock
| 0.59 | CARL-B | Carlsberg AS | PairCorr |
| 0.44 | NOVO-B | Novo Nordisk AS | PairCorr |
The ability to find closely correlated positions to DKIJAP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DKIJAP 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 DKIJAP - 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 Investeringsforeningen Danske Invest to buy it.
The correlation of DKIJAP 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 DKIJAP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Investeringsforeningen 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 DKIJAP 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 fundamental analysis of DKIJAP to check your projections. Note that the Investeringsforeningen information on this page should be used as a complementary analysis to other DKIJAP'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for DKIJAP Stock analysis
When running DKIJAP's price analysis, check to measure DKIJAP'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 DKIJAP is operating at the current time. Most of DKIJAP's value examination focuses on studying past and present price action to predict the probability of DKIJAP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DKIJAP's price. Additionally, you may evaluate how the addition of DKIJAP to your portfolios can decrease your overall portfolio volatility.
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