Tryg AS (Denmark) Odds of Future Stock Price Finishing Over 142.50
| TRYG Stock | DKK 142.50 0.70 0.49% |
Tryg |
Tryg AS Target Price Odds to finish over 142.50
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 move above the current price in 90 days |
| 142.50 | 90 days | 142.50 | about 31.35 |
Based on a normal probability distribution, the odds of Tryg AS to move above the current price in 90 days from now is about 31.35 (This Tryg AS probability density function shows the probability of Tryg Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Tryg AS has a beta of -0.23. 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 0.0338, implying that it can generate a 0.0338 percent excess return over NYSE Composite 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tryg AS'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.
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 NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | -0.23 | |
σ | Overall volatility | 2.86 | |
Ir | Information ratio | -0.1 |
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.| The company 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.
| The company 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 |
Check out Tryg AS Backtesting, Tryg AS Valuation, Tryg AS Correlation, Tryg AS Hype Analysis, Tryg AS Volatility, Tryg AS History as well as Tryg AS Performance. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Tryg Stock analysis
When running Tryg AS's price analysis, check to measure Tryg AS'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 Tryg AS is operating at the current time. Most of Tryg AS's value examination focuses on studying past and present price action to predict the probability of Tryg AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tryg AS's price. Additionally, you may evaluate how the addition of Tryg AS to your portfolios can decrease your overall portfolio volatility.
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