Handelsinvest Verden (Denmark) Market Value
| HAIVER Stock | DKK 309.00 2.53 0.81% |
| Symbol | Handelsinvest |
Please note, there is a significant difference between Handelsinvest Verden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Handelsinvest Verden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Handelsinvest Verden'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.
Handelsinvest Verden '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 Handelsinvest Verden'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 Handelsinvest Verden.
| 03/05/2024 |
| 05/04/2024 |
If you would invest 0.00 in Handelsinvest Verden on March 5, 2024 and sell it all today you would earn a total of 0.00 from holding Handelsinvest Verden or generate 0.0% return on investment in Handelsinvest Verden over 60 days. Handelsinvest Verden is related to or competes with Novo Nordisk, Nordea Bank, DSV Panalpina, AP Mller, AP Mller, Orsted AS, and Vestas Wind. More
Handelsinvest Verden 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 Handelsinvest Verden'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 Handelsinvest Verden upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7104 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.92 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 1.34 |
Handelsinvest Verden Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Handelsinvest Verden's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Handelsinvest Verden's standard deviation. In reality, there are many statistical measures that can use Handelsinvest Verden historical prices to predict the future Handelsinvest Verden's volatility.| Risk Adjusted Performance | 0.0565 | |||
| Jensen Alpha | 0.0476 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.6569 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Handelsinvest Verden'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.
Handelsinvest Verden Backtested Returns
We consider Handelsinvest Verden out of control. Handelsinvest Verden holds Efficiency (Sharpe) Ratio of 0.0586, which attests that the entity had a 0.0586% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Handelsinvest Verden, which you can use to evaluate the volatility of the firm. Please check out Handelsinvest Verden's Market Risk Adjusted Performance of 0.6669, risk adjusted performance of 0.0565, and Downside Deviation of 0.7104 to validate if the risk estimate we provide is consistent with the expected return of 0.0418%. Handelsinvest Verden has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0811, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Handelsinvest Verden's returns are expected to increase less than the market. However, during the bear market, the loss of holding Handelsinvest Verden is expected to be smaller as well. Handelsinvest Verden right now retains a risk of 0.71%. Please check out Handelsinvest Verden sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Handelsinvest Verden will be following its current trending patterns.
Auto-correlation | -0.53 |
Good reverse predictability
Handelsinvest Verden has good reverse predictability. Overlapping area represents the amount of predictability between Handelsinvest Verden time series from 5th of March 2024 to 4th of April 2024 and 4th 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 Handelsinvest Verden price movement. The serial correlation of -0.53 indicates that about 53.0% of current Handelsinvest Verden price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 9.38 |
Handelsinvest Verden lagged returns against current returns
Autocorrelation, which is Handelsinvest Verden 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 Handelsinvest Verden's stock expected returns. We can calculate the autocorrelation of Handelsinvest Verden returns to help us make a trade decision. For example, suppose you find that Handelsinvest Verden 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 |
Handelsinvest Verden 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 Handelsinvest Verden stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Handelsinvest Verden stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Handelsinvest Verden stock over time.
Current vs Lagged Prices |
| Timeline |
Handelsinvest Verden Lagged Returns
When evaluating Handelsinvest Verden's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Handelsinvest Verden stock have on its future price. Handelsinvest Verden 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, Handelsinvest Verden autocorrelation shows the relationship between Handelsinvest Verden stock current value and its past values and can show if there is a momentum factor associated with investing in Handelsinvest Verden.
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 Handelsinvest Verden 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, Handelsinvest Verden's short interest history, or implied volatility extrapolated from Handelsinvest Verden options trading.
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Complementary Tools for Handelsinvest Stock analysis
When running Handelsinvest Verden's price analysis, check to measure Handelsinvest Verden'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 Handelsinvest Verden is operating at the current time. Most of Handelsinvest Verden's value examination focuses on studying past and present price action to predict the probability of Handelsinvest Verden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Handelsinvest Verden's price. Additionally, you may evaluate how the addition of Handelsinvest Verden to your portfolios can decrease your overall portfolio volatility.
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Handelsinvest Verden technical stock 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, stock market cycles, or different charting patterns.