AGF AS (Denmark) Market Value
| AGF-B Stock | DKK 0.79 0.01 1.25% |
| Symbol | AGF |
AGF AS '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 AGF AS'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 AGF AS.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in AGF AS on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding AGF AS or generate 0.0% return on investment in AGF AS over 90 days. AGF AS is related to or competes with Nordfyns Bank, Dataproces Group, Moens Bank, and Strategic Investments. The Football segment offers football matches shown on TV, sponsorships, transfers of football players, football matches,... More
AGF AS 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 AGF AS'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 AGF AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 16.55 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.56 |
AGF AS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGF AS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGF AS's standard deviation. In reality, there are many statistical measures that can use AGF AS historical prices to predict the future AGF AS's volatility.| Risk Adjusted Performance | 0.0069 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.02) |
AGF AS Backtested Returns
At this point, AGF AS is dangerous. AGF AS secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AGF AS, which you can use to evaluate the volatility of the firm. Please confirm AGF AS's Risk Adjusted Performance of 0.0069, downside deviation of 2.05, and Mean Deviation of 1.25 to double-check if the risk estimate we provide is consistent with the expected return of 0.0017%. The firm shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AGF AS's returns are expected to increase less than the market. However, during the bear market, the loss of holding AGF AS is expected to be smaller as well. AGF AS at this moment shows a risk of 2.19%. Please confirm AGF AS mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if AGF AS will be following its price patterns.
Auto-correlation | 0.18 |
Very weak predictability
AGF AS has very weak predictability. Overlapping area represents the amount of predictability between AGF AS time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AGF AS price movement. The serial correlation of 0.18 indicates that over 18.0% of current AGF AS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AGF AS lagged returns against current returns
Autocorrelation, which is AGF AS 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 AGF AS's stock expected returns. We can calculate the autocorrelation of AGF AS returns to help us make a trade decision. For example, suppose you find that AGF AS 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 |
AGF AS 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 AGF AS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGF AS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGF AS stock over time.
Current vs Lagged Prices |
| Timeline |
AGF AS Lagged Returns
When evaluating AGF AS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGF AS stock have on its future price. AGF AS 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, AGF AS autocorrelation shows the relationship between AGF AS stock current value and its past values and can show if there is a momentum factor associated with investing in AGF AS.
Regressed Prices |
| Timeline |
Pair Trading with AGF AS
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 AGF AS 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 AGF AS will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to AGF AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AGF AS 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 AGF AS - 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 AGF AS to buy it.
The correlation of AGF AS 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 AGF AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AGF AS 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 AGF AS 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.Other Information on Investing in AGF Stock
AGF AS financial ratios help investors to determine whether AGF Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AGF with respect to the benefits of owning AGF AS security.