>

Dantax Volatility

<div class='circular--portrait' style='background:#0D8ECF;color: white;font-size:3em;padding-top: 40px;;'>DAN</div>
Our philosophy towards predicting volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Dantax AS, which you can use to evaluate future volatility of the firm. Please confirm Dantax AS to check if the risk estimate we provide is consistent with the expected return of 0.0%.
View Volatility For
Refresh
Dantax AS 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 Dantax daily returns, and it is calculated using variance and standard deviation. We also use Dantax's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Dantax AS volatility.

Dantax AS Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Dantax AS Projected Return Density Against Market

Assuming 30 trading days horizon, Dantax AS has beta of 0.0 suggesting the returns on DOW and Dantax AS do not appear to be very sensitive. Furthermore, It does not look like the company alpha can have any bearing on the equity current valuation.
Assuming 30 trading days horizon, the coefficient of variation of Dantax AS is 0.0. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of Dantax AS is currently at 0.0. For similar time horizon, the selected benchmark (DOW) has volatility of 3.81
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.00
Ir
Information ratio =0.00

Dantax AS Return Volatility

the corporation accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 3.8415% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Dantax AS Investment Opportunity

DOW has a standard deviation of returns of 3.84 and is 9.223372036854776E16 times more volatile than Dantax AS. of all equities and portfolios are less risky than Dantax AS. Compared to the overall equity markets, volatility of historical daily returns of Dantax AS is lower than 0 () of all global equities and portfolios over the last 30 days.

Dantax AS Current Risk Indicators

Dantax AS Suggested Diversification Pairs

Check out Investing Opportunities. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
Company logos by clearbit
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page