Tryg AS (Denmark) Odds of Future Stock Price Finishing Under 155.22
| TRYG Stock | DKK 162.60 0.20 0.12% |
Tryg |
Tryg AS Target Price Odds to finish below 155.22
The tendency of Tryg 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 drop to kr 155.22 or more in 90 days |
| 162.60 | 90 days | 155.22 | about 22.48 |
Based on a normal probability distribution, the odds of Tryg AS to drop to kr 155.22 or more in 90 days from now is about 22.48 (This Tryg AS probability density function shows the probability of Tryg Stock to fall within a particular range of prices over 90 days) . Probability of Tryg AS price to stay between kr 155.22 and its current price of kr162.6 at the end of the 90-day period is about 66.01 .
Assuming the 90 days trading horizon Tryg AS has a beta of -0.0982. This usually implies as returns on the benchmark increase, returns on holding Tryg AS are expected to decrease at a much lower rate. During a bear market, however, Tryg AS is likely to outperform the market. Additionally Tryg AS has an alpha of 0.1425, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tryg AS Price Density |
| Price |
Predictive Modules for Tryg AS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tryg AS. 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.Tryg AS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tryg AS is not an exception. The market had few large corrections towards the Tryg AS'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 Tryg AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tryg AS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 3.76 | |
Ir | Information ratio | 0 |
Tryg AS 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 Tryg AS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tryg AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tryg AS has accumulated 10.34 B in total debt with debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from borrowing. Tryg AS has a current ratio of 0.24, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Tryg AS until it has trouble settling it off, either with new capital or with free cash flow. So, Tryg AS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tryg AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tryg to invest in growth at high rates of return. When we think about Tryg AS's use of debt, we should always consider it together with cash and equity. | |
| About 73.0% of Tryg AS shares are owned by institutional investors |
Tryg AS Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Tryg Stock often depends not only on the future outlook of the current and potential Tryg AS's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Tryg AS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 633.7 M |
Tryg AS Technical Analysis
Tryg AS's future price can be derived by breaking down and analyzing its technical indicators over time. Tryg Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tryg AS. In general, you should focus on analyzing Tryg Stock price patterns and their correlations with different microeconomic environments and drivers.
Tryg AS Predictive Forecast Models
Tryg AS's time-series forecasting models is one of many Tryg AS'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 Tryg AS'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 Tryg AS
Checking the ongoing alerts about Tryg AS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tryg AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tryg AS has accumulated 10.34 B in total debt with debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from borrowing. Tryg AS has a current ratio of 0.24, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Tryg AS until it has trouble settling it off, either with new capital or with free cash flow. So, Tryg AS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tryg AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tryg to invest in growth at high rates of return. When we think about Tryg AS's use of debt, we should always consider it together with cash and equity. | |
| About 73.0% of Tryg AS shares are owned by institutional investors |
Other Information on Investing in Tryg Stock
Tryg AS financial ratios help investors to determine whether Tryg 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 Tryg with respect to the benefits of owning Tryg AS security.