Formuepleje Better (Denmark) Market Value
| FPIBWG Stock | DKK 172.45 0.60 0.35% |
| Symbol | Formuepleje |
Please note, there is a significant difference between Formuepleje Better's value and its price as these two are different measures arrived at by different means. Investors typically determine if Formuepleje Better is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Formuepleje Better'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.
Formuepleje Better '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 Formuepleje Better'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 Formuepleje Better.
| 04/04/2024 |
| 05/04/2024 |
If you would invest 0.00 in Formuepleje Better on April 4, 2024 and sell it all today you would earn a total of 0.00 from holding Formuepleje Better World or generate 0.0% return on investment in Formuepleje Better over 30 days. Formuepleje Better is related to or competes with Novo Nordisk, Nordea Bank, DSV Panalpina, AP Mller, AP Mller, Orsted AS, and Vestas Wind. More
Formuepleje Better 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 Formuepleje Better'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 Formuepleje Better World upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6618 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.17 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 0.9029 |
Formuepleje Better Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Formuepleje Better's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Formuepleje Better's standard deviation. In reality, there are many statistical measures that can use Formuepleje Better historical prices to predict the future Formuepleje Better's volatility.| Risk Adjusted Performance | 0.0512 | |||
| Jensen Alpha | 0.0452 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.54) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Formuepleje Better'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.
Formuepleje Better World Backtested Returns
We consider Formuepleje Better very steady. Formuepleje Better World secures Sharpe Ratio (or Efficiency) of 0.0433, which denotes the company had a 0.0433% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Formuepleje Better World, which you can use to evaluate the volatility of the firm. Please confirm Formuepleje Better's Mean Deviation of 0.4815, downside deviation of 0.6618, and Coefficient Of Variation of 1226.98 to check if the risk estimate we provide is consistent with the expected return of 0.027%. Formuepleje Better has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0736, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Formuepleje Better are expected to decrease at a much lower rate. During the bear market, Formuepleje Better is likely to outperform the market. Formuepleje Better World right now shows a risk of 0.62%. Please confirm Formuepleje Better World value at risk, as well as the relationship between the skewness and day median price , to decide if Formuepleje Better World will be following its price patterns.
Auto-correlation | 0.07 |
Virtually no predictability
Formuepleje Better World has virtually no predictability. Overlapping area represents the amount of predictability between Formuepleje Better time series from 4th of April 2024 to 19th of April 2024 and 19th of April 2024 to 4th of May 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 Formuepleje Better World price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Formuepleje Better price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 1.06 |
Formuepleje Better World lagged returns against current returns
Autocorrelation, which is Formuepleje Better 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 Formuepleje Better's stock expected returns. We can calculate the autocorrelation of Formuepleje Better returns to help us make a trade decision. For example, suppose you find that Formuepleje Better 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 |
Formuepleje Better 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 Formuepleje Better stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Formuepleje Better stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Formuepleje Better stock over time.
Current vs Lagged Prices |
| Timeline |
Formuepleje Better Lagged Returns
When evaluating Formuepleje Better's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Formuepleje Better stock have on its future price. Formuepleje Better 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, Formuepleje Better autocorrelation shows the relationship between Formuepleje Better stock current value and its past values and can show if there is a momentum factor associated with investing in Formuepleje Better World.
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 Formuepleje Better 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, Formuepleje Better's short interest history, or implied volatility extrapolated from Formuepleje Better options trading.
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When running Formuepleje Better's price analysis, check to measure Formuepleje Better'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 Formuepleje Better is operating at the current time. Most of Formuepleje Better's value examination focuses on studying past and present price action to predict the probability of Formuepleje Better's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formuepleje Better's price. Additionally, you may evaluate how the addition of Formuepleje Better to your portfolios can decrease your overall portfolio volatility.
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