DnB ASA (Norway) Odds of Future Stock Price Finishing Under 161.05
| DNB Stock | NOK 211.30 1.00 0.47% |
DnB |
DnB ASA Target Price Odds to finish below 161.05
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 drop to 161.05 or more in 90 days |
| 211.30 | 90 days | 161.05 | near 1 |
Based on a normal probability distribution, the odds of DnB ASA to drop to 161.05 or more in 90 days from now is near 1 (This DnB ASA probability density function shows the probability of DnB Stock to fall within a particular range of prices over 90 days) . Probability of DnB ASA price to stay between 161.05 and its current price of 211.3 at the end of the 90-day period is about 54.75 .
Assuming the 90 days trading horizon DnB ASA has a beta of 0.0415 suggesting as returns on the market go up, DnB ASA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DnB ASA will be expected to be much smaller as well. Additionally DnB ASA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. DnB ASA Price Density |
| Price |
Predictive Modules for DnB ASA
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 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 ASA'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 ASA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DnB ASA is not an exception. The market had few large corrections towards the DnB ASA'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 ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DnB ASA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.04 | |
β | Beta against NYSE Composite | 0.04 | |
σ | Overall volatility | 4.47 | |
Ir | Information ratio | -0.09 |
DnB ASA 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 ASA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DnB 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.| DnB ASA generated a negative expected return over the last 90 days | |
| About 42.0% of the company shares are held by company insiders |
DnB ASA 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 DnB Stock often depends not only on the future outlook of the current and potential DnB ASA'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. DnB ASA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.6 B |
DnB ASA Technical Analysis
DnB ASA'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 ASA. In general, you should focus on analyzing DnB Stock price patterns and their correlations with different microeconomic environments and drivers.
DnB ASA Predictive Forecast Models
DnB ASA's time-series forecasting models is one of many DnB ASA'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 ASA'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 ASA
Checking the ongoing alerts about DnB ASA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DnB ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DnB ASA generated a negative expected return over the last 90 days | |
| About 42.0% of the company shares are held by company insiders |
Check out DnB ASA Backtesting, DnB ASA Valuation, DnB ASA Correlation, DnB ASA Hype Analysis, DnB ASA Volatility, DnB ASA History as well as DnB ASA Performance. Note that the DnB ASA information on this page should be used as a complementary analysis to other DnB ASA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for DnB Stock analysis
When running DnB ASA's price analysis, check to measure DnB ASA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DnB ASA is operating at the current time. Most of DnB ASA's value examination focuses on studying past and present price action to predict the probability of DnB ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DnB ASA's price. Additionally, you may evaluate how the addition of DnB ASA to your portfolios can decrease your overall portfolio volatility.
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