|DNB ASA -- USA Stock|| |
USD 20.27 1.10 5.74%
Macroaxis gives DNB ASA performance score of 0 on a scale of 0 to 100. The firm owns Beta (Systematic Risk) of 0.3748 which denotes to the fact that as returns on market increase, DNB ASA returns are expected to increase less than the market. However during bear market, the loss on holding DNB ASA will be expected to be smaller as well.. Even though it is essential to pay attention to DNB ASA
existing price patterns
, it is always good to be careful when utilizing equity price patterns
. Macroaxis philosophy in predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. DNB ASA exposes twenty-one different technical indicators which can help you to evaluate its performance. DNB ASA
has expected return of -0.1761%. Please be advised to confirm DNB ASA Jensen Alpha
, Semi Variance
and the relationship
between Standard Deviation
and Value At Risk
to decide if DNB ASA
past performance will be repeated in the future.
DNB ASA Relative Risk vs. Return Landscape
If you would invest 2,003
in DNB ASA on February 21, 2018
and sell it today you would lose (86.00)
from holding DNB ASA or give up 4.29%
of portfolio value over 30
days. DNB ASA is currently producing negative expected returns and takes up 1.1683% volatility of returns over 30 trading days. Put another way, 10% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, DNB ASA is expected to under-perform the market. In addition to that, the company is 1.25 times more volatile than its market benchmark. It trades about -0.15 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of volatility.
DNB ASA Daily Price Distribution
The median price of DNB ASA for the period between Wed, Feb 21, 2018 and Fri, Mar 23, 2018 is 19.69000053 with a coefficient of variation of 69.95. The daily time series for the period is distributed with a sample standard deviation of 9.55, arithmetic mean of 13.65, and mean deviation of 8.69. The Stock received some media coverage during the period.