Nordfyns Bank (Denmark) Market Value
| NRDF Stock | DKK 590.00 5.00 0.85% |
| Symbol | Nordfyns |
Nordfyns Bank '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 Nordfyns Bank'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 Nordfyns Bank.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Nordfyns Bank on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Nordfyns Bank AS or generate 0.0% return on investment in Nordfyns Bank over 90 days. Nordfyns Bank is related to or competes with Lollands Bank, Sparekassen Sjaelland, Vestjysk Bank, Skjern Bank, Djurslands Bank, and Moens Bank. Nordfyns Bank AS provides banking and related financial products for private and professional customers More
Nordfyns Bank 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 Nordfyns Bank'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 Nordfyns Bank AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.53 | |||
| Information Ratio | 0.3116 | |||
| Maximum Drawdown | 18.95 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 5.53 |
Nordfyns Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nordfyns Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nordfyns Bank's standard deviation. In reality, there are many statistical measures that can use Nordfyns Bank historical prices to predict the future Nordfyns Bank's volatility.| Risk Adjusted Performance | 0.3419 | |||
| Jensen Alpha | 1.09 | |||
| Total Risk Alpha | 0.6431 | |||
| Sortino Ratio | 0.6086 | |||
| Treynor Ratio | (5.30) |
Nordfyns Bank AS Backtested Returns
Nordfyns Bank is very steady given 3 months investment horizon. Nordfyns Bank AS has Sharpe Ratio of 0.36, which conveys that the firm had a 0.36 % return per unit of risk over the last 3 months. We were able to break down and interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.13% are justified by taking the suggested risk. Use Nordfyns Bank AS Risk Adjusted Performance of 0.3419, downside deviation of 1.53, and Mean Deviation of 1.73 to evaluate company specific risk that cannot be diversified away. Nordfyns Bank holds a performance score of 28 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nordfyns Bank are expected to decrease at a much lower rate. During the bear market, Nordfyns Bank is likely to outperform the market. Use Nordfyns Bank AS sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to analyze future returns on Nordfyns Bank AS.
Auto-correlation | 0.81 |
Very good predictability
Nordfyns Bank AS has very good predictability. Overlapping area represents the amount of predictability between Nordfyns Bank 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 Nordfyns Bank AS price movement. The serial correlation of 0.81 indicates that around 81.0% of current Nordfyns Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 1534.2 |
Nordfyns Bank AS lagged returns against current returns
Autocorrelation, which is Nordfyns Bank 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 Nordfyns Bank's stock expected returns. We can calculate the autocorrelation of Nordfyns Bank returns to help us make a trade decision. For example, suppose you find that Nordfyns Bank 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 |
Nordfyns Bank 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 Nordfyns Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nordfyns Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nordfyns Bank stock over time.
Current vs Lagged Prices |
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Nordfyns Bank Lagged Returns
When evaluating Nordfyns Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nordfyns Bank stock have on its future price. Nordfyns Bank 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, Nordfyns Bank autocorrelation shows the relationship between Nordfyns Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Nordfyns Bank AS.
Regressed Prices |
| Timeline |
Other Information on Investing in Nordfyns Stock
Nordfyns Bank financial ratios help investors to determine whether Nordfyns 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 Nordfyns with respect to the benefits of owning Nordfyns Bank security.