DNB BANK (Germany) Odds of Future Stock Price Finishing Under 20.66
| D1NC Stock | 19.45 0.35 1.77% |
DNB |
DNB BANK Target Price Odds to finish below 20.66
The tendency of DNB Stock 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 stay under 20.66 after 90 days |
| 19.45 | 90 days | 20.66 | close to 99 |
Based on a normal probability distribution, the odds of DNB BANK to stay under 20.66 after 90 days from now is close to 99 (This DNB BANK ASA probability density function shows the probability of DNB Stock to fall within a particular range of prices over 90 days) . Probability of DNB BANK ASA price to stay between its current price of 19.45 and 20.66 at the end of the 90-day period is about 11.99 .
Assuming the 90 days trading horizon DNB BANK has a beta of 0.13 suggesting as returns on the market go up, DNB BANK average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DNB BANK ASA will be expected to be much smaller as well. Additionally DNB BANK ASA has an alpha of 0.032, implying that it can generate a 0.032 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). DNB BANK Price Density |
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Predictive Modules for DNB 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 DNB BANK ASA. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DNB BANK's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DNB BANK Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DNB BANK is not an exception. The market had few large corrections towards the DNB BANK'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 BANK ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DNB BANK within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 0.65 | |
Ir | Information ratio | -0.04 |
DNB BANK 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 BANK for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DNB BANK ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 42.0% of the company shares are held by company insiders |
DNB BANK Technical Analysis
DNB BANK's future price can be derived by breaking down and analyzing its technical indicators over time. DNB Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DNB BANK ASA. In general, you should focus on analyzing DNB Stock price patterns and their correlations with different microeconomic environments and drivers.
DNB BANK Predictive Forecast Models
DNB BANK's time-series forecasting models is one of many DNB BANK's stock 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 BANK'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 stock market movement and maximize returns from investment trading.
Things to note about DNB BANK ASA
Checking the ongoing alerts about DNB BANK for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DNB BANK ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 42.0% of the company shares are held by company insiders |
Other Information on Investing in DNB Stock
DNB BANK financial ratios help investors to determine whether DNB 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 DNB with respect to the benefits of owning DNB BANK security.