Danske Andelskassers Stock Forecast - Daily Balance Of Power
| DAB Stock | DKK 12.60 0.10 0.79% |
Danske Stock Forecast is based on your current time horizon.
Danske |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.50) | (1.00) |
| Check Danske Andelskassers Volatility | Backtest Danske Andelskassers | Information Ratio |
Danske Andelskassers Trading Date Momentum
| On November 27 2024 Danske Andelskassers Bank was traded for 12.60 at the closing time. The maximum traded price for the trading interval was 12.70 and the lowest daily price was 12.60 . There was no trading activity during the period 0.0. Lack of trading volume on 27th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 0.40% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Danske Andelskassers to competition |
Other Forecasting Options for Danske Andelskassers
For every potential investor in Danske, whether a beginner or expert, Danske Andelskassers' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Danske Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Danske. Basic forecasting techniques help filter out the noise by identifying Danske Andelskassers' price trends.Danske Andelskassers Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Danske Andelskassers stock to make a market-neutral strategy. Peer analysis of Danske Andelskassers could also be used in its relative valuation, which is a method of valuing Danske Andelskassers by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Danske Andelskassers Bank Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Danske Andelskassers' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Danske Andelskassers' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Danske Andelskassers Market Strength Events
Market strength indicators help investors to evaluate how Danske Andelskassers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Danske Andelskassers shares will generate the highest return on investment. By undertsting and applying Danske Andelskassers stock market strength indicators, traders can identify Danske Andelskassers Bank entry and exit signals to maximize returns.
Danske Andelskassers Risk Indicators
The analysis of Danske Andelskassers' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Danske Andelskassers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting danske stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8858 | |||
| Semi Deviation | 0.8628 | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.56 | |||
| Downside Variance | 1.31 | |||
| Semi Variance | 0.7445 | |||
| Expected Short fall | (1.30) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Danske Andelskassers
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 Danske Andelskassers 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 Danske Andelskassers will appreciate offsetting losses from the drop in the long position's value.Moving against Danske Stock
| 0.85 | NOVO-B | Novo Nordisk AS | PairCorr |
| 0.77 | SKJE | Skjern Bank AS | PairCorr |
| 0.66 | VJBA | Vestjysk Bank AS | PairCorr |
| 0.59 | CARL-A | Carlsberg AS | PairCorr |
| 0.53 | JYSK | Jyske Bank AS | PairCorr |
The ability to find closely correlated positions to Danske Andelskassers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danske Andelskassers 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 Danske Andelskassers - 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 Danske Andelskassers Bank to buy it.
The correlation of Danske Andelskassers 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 Danske Andelskassers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danske Andelskassers Bank 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 Danske Andelskassers 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 Danske Stock
Danske Andelskassers financial ratios help investors to determine whether Danske 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 Danske with respect to the benefits of owning Danske Andelskassers security.