Kreditbanken (Denmark) Market Value
| KRE Stock | DKK 7,000 50.00 0.71% |
| Symbol | Kreditbanken |
Kreditbanken '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 Kreditbanken'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 Kreditbanken.
| 06/04/2025 |
| 07/04/2025 |
If you would invest 0.00 in Kreditbanken on June 4, 2025 and sell it all today you would earn a total of 0.00 from holding Kreditbanken AS or generate 0.0% return on investment in Kreditbanken over 30 days. Kreditbanken is related to or competes with Danske Andelskassers, Skjern Bank, Vestjysk Bank, Moens Bank, Groenlandsbanken, Sydbank AS, and Nordfyns Bank. Kreditbanken AS provides various banking products and services to private and business customers in Denmark More
Kreditbanken 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 Kreditbanken'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 Kreditbanken AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | 0.0037 | |||
| Maximum Drawdown | 8.86 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 3.08 |
Kreditbanken Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kreditbanken's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kreditbanken's standard deviation. In reality, there are many statistical measures that can use Kreditbanken historical prices to predict the future Kreditbanken's volatility.| Risk Adjusted Performance | 0.1025 | |||
| Jensen Alpha | 0.1029 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0037 | |||
| Treynor Ratio | 1.87 |
Kreditbanken AS Backtested Returns
Kreditbanken appears to be very steady, given 3 months investment horizon. Kreditbanken AS has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Kreditbanken, which you can use to evaluate the volatility of the firm. Please exercise Kreditbanken's Mean Deviation of 1.47, risk adjusted performance of 0.1025, and Downside Deviation of 1.92 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kreditbanken holds a performance score of 14. The company secures a Beta (Market Risk) of 0.0582, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kreditbanken's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kreditbanken is expected to be smaller as well. Please check Kreditbanken's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether Kreditbanken's current price movements will revert.
Auto-correlation | 0.24 |
Weak predictability
Kreditbanken AS has weak predictability. Overlapping area represents the amount of predictability between Kreditbanken time series from 4th of June 2025 to 19th of June 2025 and 19th of June 2025 to 4th 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 Kreditbanken AS price movement. The serial correlation of 0.24 indicates that over 24.0% of current Kreditbanken price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 12.2 K |
Kreditbanken AS lagged returns against current returns
Autocorrelation, which is Kreditbanken 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 Kreditbanken's stock expected returns. We can calculate the autocorrelation of Kreditbanken returns to help us make a trade decision. For example, suppose you find that Kreditbanken 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 |
Kreditbanken 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 Kreditbanken stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kreditbanken stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kreditbanken stock over time.
Current vs Lagged Prices |
| Timeline |
Kreditbanken Lagged Returns
When evaluating Kreditbanken's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kreditbanken stock have on its future price. Kreditbanken 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, Kreditbanken autocorrelation shows the relationship between Kreditbanken stock current value and its past values and can show if there is a momentum factor associated with investing in Kreditbanken AS.
Regressed Prices |
| Timeline |
Pair Trading with Kreditbanken
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 Kreditbanken 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 Kreditbanken will appreciate offsetting losses from the drop in the long position's value.Moving together with Kreditbanken Stock
| 0.69 | JYINYAKL | Jyske Invest Nye | PairCorr |
| 0.63 | DKINYM | Investeringsforeningen | PairCorr |
| 0.67 | HLUN-A | H Lundbeck AS | PairCorr |
Moving against Kreditbanken Stock
The ability to find closely correlated positions to Kreditbanken could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kreditbanken 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 Kreditbanken - 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 Kreditbanken AS to buy it.
The correlation of Kreditbanken 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 Kreditbanken moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kreditbanken 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 Kreditbanken 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 Kreditbanken Stock
Kreditbanken financial ratios help investors to determine whether Kreditbanken 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 Kreditbanken with respect to the benefits of owning Kreditbanken security.