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Danish Volatility

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DAC -- Denmark Stock  

DKK 5.14  0.10  1.91%

Macroaxis considers Danish Aerospace to be dangerous. Danish Aerospace secures Sharpe Ratio (or Efficiency) of -0.0166, which denotes the organization had -0.0166% of return per unit of risk over the last 3 months. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Danish Aerospace Company AS exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Danish Aerospace Mean Deviation of 2.78 and Coefficient Of Variation of (2,840) to check the risk estimate we provide.
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Danish Aerospace Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Danish daily returns, and it is calculated using variance and standard deviation. We also use Danish's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Danish Aerospace volatility.

90 Days Market Risk

Dangerous

Chance of Distress

High

90 Days Economic Sensitivity

Barely shadows market

Danish Aerospace Market Sensitivity

As returns on market increase, Danish Aerospace returns are expected to increase less than the market. However, during bear market, the loss on holding Danish Aerospace will be expected to be smaller as well.
3 Months Beta |Analyze Danish Aerospace Demand Trend
Check current 30 days Danish Aerospace correlation with market (DOW)
β = 0.0061

Danish Aerospace Central Daily Price Deviation

Danish Aerospace Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Danish Aerospace high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Danish Aerospace closing price as input. View also all equity analysis or get more info about weighted close price price transform indicator.

Danish Aerospace Projected Return Density Against Market

Assuming 30 trading days horizon, Danish Aerospace has beta of 0.0061 suggesting as returns on market go up, Danish Aerospace average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Danish Aerospace Company AS will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Danish Aerospace is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of Danish Aerospace is -6033.57. The daily returns are destributed with a variance of 14.14 and standard deviation of 3.76. The mean deviation of Danish Aerospace Company AS is currently at 2.65. For similar time horizon, the selected benchmark (DOW) has volatility of 3.99
α
Alpha over DOW
=0.14
β
Beta against DOW=0.0061
σ
Overall volatility
=3.76
Ir
Information ratio =0.0243

Danish Aerospace Return Volatility

the corporation assumes 3.7609% volatility of returns over the 30 days investment horizon. the entity inherits 4.014% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Danish Aerospace Investment Opportunity

DOW has a standard deviation of returns of 4.01 and is 1.07 times more volatile than Danish Aerospace Company AS. 33  of all equities and portfolios are less risky than Danish Aerospace. Compared to the overall equity markets, volatility of historical daily returns of Danish Aerospace Company AS is lower than 33 () of all global equities and portfolios over the last 30 days. Use Danish Aerospace Company AS to protect your portfolios against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Danish Aerospace to be traded at kr4.99 in 30 days. . As returns on market increase, Danish Aerospace returns are expected to increase less than the market. However, during bear market, the loss on holding Danish Aerospace will be expected to be smaller as well.

Danish Aerospace correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Danish Aerospace Company AS and equity matching DJI index in the same portfolio.

Danish Aerospace Current Risk Indicators

Danish Aerospace Suggested Diversification Pairs

Continue to Investing Opportunities. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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