DNB NOR (Norway) Odds of Future Fund Price Finishing Under 1,086
| NO0010337629 | 1,091 1.23 0.11% |
DNB |
DNB NOR Target Price Odds to finish below 1,086
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 below current price in 90 days |
| 1,091 | 90 days | 1,091 | about 53.89 |
Based on a normal probability distribution, the odds of DNB NOR to move below current price in 90 days from now is about 53.89 (This DNB NOR KAPFORV 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 NOR KAPFORV has a beta of -0.0012. This indicates as returns on the benchmark increase, returns on holding DNB NOR are expected to decrease at a much lower rate. During a bear market, however, DNB NOR KAPFORV is likely to outperform the market. Additionally DNB NOR KAPFORV 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 NOR Price Density |
| Price |
Predictive Modules for DNB NOR
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 NOR KAPFORV. 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 NOR Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DNB NOR is not an exception. The market had few large corrections towards the DNB NOR'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 NOR KAPFORV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DNB NOR within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0095 | |
β | Beta against Dow Jones | -0.0012 | |
σ | Overall volatility | 4.18 | |
Ir | Information ratio | -0.85 |
DNB NOR Technical Analysis
DNB NOR'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 NOR KAPFORV. In general, you should focus on analyzing DNB Fund price patterns and their correlations with different microeconomic environments and drivers.
DNB NOR Predictive Forecast Models
DNB NOR's time-series forecasting models is one of many DNB NOR'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 NOR'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DNB NOR in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DNB NOR's short interest history, or implied volatility extrapolated from DNB NOR options trading.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |