BankInvest Danske (Denmark) Probability of Future Fund Price Finishing Under 115.78
| BAIDKAA Fund | DKK 117.20 0.75 0.64% |
BankInvest |
BankInvest Danske Target Price Odds to finish below 115.78
The tendency of BankInvest 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 drop to kr 115.78 or more in 90 days |
| 117.20 | 90 days | 115.78 | about 13.14 |
Based on a normal probability distribution, the odds of BankInvest Danske to drop to kr 115.78 or more in 90 days from now is about 13.14 (This BankInvest Danske probability density function shows the probability of BankInvest Fund to fall within a particular range of prices over 90 days) . Probability of BankInvest Danske price to stay between kr 115.78 and its current price of kr117.2 at the end of the 90-day period is about 19.95 .
Assuming the 90 days trading horizon BankInvest Danske has a beta of -0.0124 suggesting as returns on the benchmark increase, returns on holding BankInvest Danske are expected to decrease at a much lower rate. During a bear market, however, BankInvest Danske is likely to outperform the market. Additionally BankInvest Danske 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. BankInvest Danske Price Density |
| Price |
Predictive Modules for BankInvest Danske
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BankInvest Danske. 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.BankInvest Danske Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BankInvest Danske is not an exception. The market had few large corrections towards the BankInvest Danske'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 BankInvest Danske, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BankInvest Danske within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 2.10 | |
Ir | Information ratio | -0.18 |
BankInvest Danske 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 BankInvest Danske for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BankInvest Danske can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BankInvest Danske generated a negative expected return over the last 90 days |
BankInvest Danske Technical Analysis
BankInvest Danske's future price can be derived by breaking down and analyzing its technical indicators over time. BankInvest Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BankInvest Danske. In general, you should focus on analyzing BankInvest Fund price patterns and their correlations with different microeconomic environments and drivers.
BankInvest Danske Predictive Forecast Models
BankInvest Danske's time-series forecasting models is one of many BankInvest Danske'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 BankInvest Danske'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 BankInvest Danske
Checking the ongoing alerts about BankInvest Danske for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BankInvest Danske help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BankInvest Danske generated a negative expected return over the last 90 days |
Other Information on Investing in BankInvest Fund
BankInvest Danske financial ratios help investors to determine whether BankInvest Fund 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 BankInvest with respect to the benefits of owning BankInvest Danske security.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |