Danske Bank Pink Sheet Forecast - Naive Prediction

Danske Bank Additional Predictive Modules

Most predictive techniques to examine Danske price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Danske using various technical indicators. When you analyze Danske charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. A naive forecasting model for Danske Bank is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Danske Bank AS value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Danske Bank Naive Prediction Price Forecast For the 28th of January

Given 90 days horizon, the Naive Prediction forecasted value of Danske Bank AS on the next trading day is expected to be 50.82 with a mean absolute deviation of 0.66, mean absolute percentage error of 0.66, and the sum of the absolute errors of 40.13.

Danske Bank Pink Sheet Forecast Pattern

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Danske Bank pink sheet data series using in forecasting. Note that when a statistical model is used to represent Danske Bank pink sheet, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality. This model is not at all useful as a medium-long range forecasting tool of Danske Bank AS. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Danske Bank. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Danske Bank

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Danske Bank AS. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Hype Prediction Low Estimated High 48.57 50.21 51.85 Details

Intrinsic Valuation Low Real High 42.34 43.98 55.23 Details

Danske Bank After-Hype Price Density Analysis

Danske Bank Estimiated After-Hype Price Volatility

Danske Bank Pink Sheet Price Outlook Analysis

Notes

Danske Bank Hype Timeline

Danske Bank AS is currently traded for 50.21. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Danske is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.18%. %. The volatility of related hype on Danske Bank is about 15000.0%, with the expected price after the next announcement by competition of 50.21. About 21.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.63. Some equities with similar Price to Book (P/B) outperform the market in the long run. Danske Bank AS has Price/Earnings To Growth (PEG) ratio of 1.88. The entity last dividend was issued on the 18th of March 2022. The firm had 1:1 split on the 17th of March 2011. Assuming the 90 days horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Danske Bank to cross-verify your projections.

Danske Bank Related Hype Analysis

Other Forecasting Options for Danske Bank

For every potential investor in Danske, whether a beginner or expert, Danske Bank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Danske Pink Sheet 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 Bank's price trends.

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