OMX Copenhagen (Denmark) Market Value

Indexes . Denmark . 
Index . OMX Copenhagen All
OMXCPI Index   1,530  13.23  0.87%   
OMX Copenhagen's market value is the price at which a share of OMX Copenhagen stock trades on a public exchange. It measures the collective expectations of OMX Copenhagen All investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of OMX Copenhagen All and determine expected loss or profit from investing in OMX Copenhagen over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios.
Symbol

OMX Copenhagen '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 OMX Copenhagen's index 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 OMX Copenhagen.
0.00
04/30/2023
No Change 0.00  0.0 
In 30 days
05/30/2023
0.00
If you would invest  0.00  in OMX Copenhagen on April 30, 2023 and sell it all today you would earn a total of 0.00 from holding OMX Copenhagen All or generate 0.0% return on investment in OMX Copenhagen over 30 days.

OMX Copenhagen 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 OMX Copenhagen's index 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 OMX Copenhagen All upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation0.9875
Information Ratio0.1282
Maximum Drawdown4.52
Value At Risk(1.77)
Potential Upside1.72

OMX Copenhagen Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for OMX Copenhagen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OMX Copenhagen's standard deviation. In reality, there are many statistical measures that can use OMX Copenhagen historical prices to predict the future OMX Copenhagen's volatility.
Risk Adjusted Performance0.0751
Total Risk Alpha0.1366
Sortino Ratio0.1311
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of OMX Copenhagen'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. Please use the tools below to analyze the current value of OMX Copenhagen in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as OMX Copenhagen. Your research has to be compared to or analyzed against OMX Copenhagen's peers to derive any actionable benefits. When done correctly, OMX Copenhagen's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in OMX Copenhagen All.

OMX Copenhagen All Backtested Returns

OMX Copenhagen All maintains Sharpe Ratio (i.e., Efficiency) of 0.0722, which implies the entity had 0.0722% of return per unit of standard deviation over the last 3 months. Our standpoint towards forecasting the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for OMX Copenhagen All, which you can use to evaluate the future volatility of the index.
The index holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. Let's try to break down what OMX's beta means in this case. the returns on MARKET and OMX Copenhagen are completely uncorrelated. Although it is important to respect OMX Copenhagen All current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any index is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing OMX Copenhagen All technical indicators, you can currently evaluate if the expected return of 0.076% will be sustainable into the future.

Auto-correlation

    
  -0.57  

Good reverse predictability

OMX Copenhagen All has good reverse predictability. Overlapping area represents the amount of predictability between OMX Copenhagen time series from 30th of April 2023 to 15th of May 2023 and 15th of May 2023 to 30th of May 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of OMX Copenhagen All price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current OMX Copenhagen price fluctuation can be explain by its past prices.
Correlation Coefficient-0.57
Spearman Rank Test-0.3
Residual Average0.0
Price Variance376.22

OMX Copenhagen All lagged returns against current returns

Autocorrelation, which is OMX Copenhagen index'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 OMX Copenhagen's index expected returns. We can calculate the autocorrelation of OMX Copenhagen returns to help us make a trade decision. For example, suppose you find that OMX Copenhagen index 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 stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

OMX Copenhagen 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 OMX Copenhagen index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OMX Copenhagen index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OMX Copenhagen index over time.
   Current vs Lagged Prices   
       Timeline  

OMX Copenhagen Lagged Returns

When evaluating OMX Copenhagen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OMX Copenhagen index have on its future price. OMX Copenhagen 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, OMX Copenhagen autocorrelation shows the relationship between OMX Copenhagen index current value and its past values and can show if there is a momentum factor associated with investing in OMX Copenhagen All.
   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 OMX Copenhagen 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, OMX Copenhagen's short interest history, or implied volatility extrapolated from OMX Copenhagen 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 OMX Copenhagen All 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

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Your Equity Center to better understand how to build diversified portfolios. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for OMX Index analysis

When running OMX Copenhagen's price analysis, check to measure OMX Copenhagen'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 OMX Copenhagen is operating at the current time. Most of OMX Copenhagen's value examination focuses on studying past and present price action to predict the probability of OMX Copenhagen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OMX Copenhagen's price. Additionally, you may evaluate how the addition of OMX Copenhagen to your portfolios can decrease your overall portfolio volatility.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
OMX Copenhagen technical index 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, index market cycles, or different charting patterns.
Overlap Analysis
View
Forecast Models
View
Price Shifting
View
Volatility Indicators
View
Value Movement
View
A focus of OMX Copenhagen technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of OMX Copenhagen trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2023 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY