DNB Norge (Ireland) Probability of Future Fund Price Finishing Over 1,689
| 0P0001EFNG | 1,688 5.35 0.32% |
DNB |
DNB Norge Target Price Odds to finish over 1,689
The tendency of DNB Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 1,688 | 90 days | 1,688 | about 37.06 |
Based on a normal probability distribution, the odds of DNB Norge to move above the current price in 90 days from now is about 37.06 (This DNB Norge Selektiv probability density function shows the probability of DNB Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon DNB Norge has a beta of 0.0473. This suggests as returns on the market go up, DNB Norge average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DNB Norge Selektiv will be expected to be much smaller as well. Additionally DNB Norge Selektiv has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. DNB Norge Price Density |
| Price |
Predictive Modules for DNB Norge
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DNB Norge Selektiv. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund 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.DNB Norge Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DNB Norge is not an exception. The market had few large corrections towards the DNB Norge's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold DNB Norge Selektiv, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DNB Norge within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 24.74 | |
Ir | Information ratio | -0.19 |
DNB Norge Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of DNB Norge for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DNB Norge Selektiv can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DNB Norge Selektiv generated a negative expected return over the last 90 days |
DNB Norge Technical Analysis
DNB Norge's future price can be derived by breaking down and analyzing its technical indicators over time. DNB Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DNB Norge Selektiv. In general, you should focus on analyzing DNB Fund price patterns and their correlations with different microeconomic environments and drivers.
DNB Norge Predictive Forecast Models
DNB Norge's time-series forecasting models is one of many DNB Norge's fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary DNB Norge's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the fund market movement and maximize returns from investment trading.
Things to note about DNB Norge Selektiv
Checking the ongoing alerts about DNB Norge for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DNB Norge Selektiv help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DNB Norge Selektiv generated a negative expected return over the last 90 days |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |