Markedssamsvar

Markedssamsvar refers to the degree to which a financial instrument's price behavior aligns with its underlying market's behavior. It is a measure of how closely a fund, index, or other investment vehicle tracks its benchmark or reference index. A high markedssamsvar indicates that the investment's returns are highly correlated with the benchmark's returns, suggesting it effectively replicates the performance of the underlying market. Conversely, a low markedssamsvar implies that the investment's performance deviates significantly from the benchmark.

This concept is particularly relevant for index funds and exchange-traded funds (ETFs), which aim to mirror the performance of a specific market index, such as the S&P 500 or the OMX Stockholm 30. The goal of such funds is to achieve a high degree of markedssamsvar, minimizing tracking error. Factors that can influence markedssamsvar include the investment strategy employed, management fees, transaction costs, and the liquidity of the underlying securities.

Investors often use markedssamsvar as a key metric when evaluating passive investment strategies. A high markedssamsvar suggests that the fund is successfully achieving its objective of tracking the market, while a low markedssamsvar might indicate inefficiencies or a deviation from the intended investment strategy. It is a crucial indicator for understanding the predictability and faithfulness of an investment's replication of its target market.