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Danske Volatility

DKI
DKIEEU -- Denmark Stock  

DKK 262.40  12.80  5.13%

Macroaxis considers Danske Invest to be not too volatile. Danske Invest Steuropa secures Sharpe Ratio (or Efficiency) of -0.5208, which denotes the organization had -0.5208% 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. Danske Invest Steuropa exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Danske Invest Steuropa Mean Deviation of 3.02 and Coefficient Of Variation of (530.15) to check the risk estimate we provide.
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Danske Invest 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 Danske daily returns, and it is calculated using variance and standard deviation. We also use Danske's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Danske Invest volatility.

Danske Invest Market Sensitivity

As returns on market increase, returns on owning Danske Invest are expected to decrease at a much smaller rate. During bear market, Danske Invest is likely to outperform the market.
3 Months Beta |Analyze Danske Invest Steuropa Demand Trend
Check current 30 days Danske Invest correlation with market (DOW)
β = -0.0335

Danske Invest Central Daily Price Deviation

Danske Invest Steuropa Technical Analysis

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Danske Invest Projected Return Density Against Market

Assuming 30 trading days horizon, Danske Invest Steuropa has beta of -0.0335 suggesting as returns on benchmark increase, returns on holding Danske Invest are expected to decrease at a much smaller rate. During bear market, however, Danske Invest Steuropa is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Danske Invest Steuropa is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of Danske Invest is -192.01. The daily returns are destributed with a variance of 64.0 and standard deviation of 8.0. The mean deviation of Danske Invest Steuropa is currently at 6.25. For similar time horizon, the selected benchmark (DOW) has volatility of 3.8
α
Alpha over DOW
=1.01
β
Beta against DOW=0.03
σ
Overall volatility
=8.00
Ir
Information ratio =0.12

Danske Invest Return Volatility

the company accepts 8.0002% volatility on return distribution over the 30 days horizon. the entity inherits 3.8548% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Danske Invest Investment Opportunity

Danske Invest Steuropa has a volatility of 8.0 and is 2.08 times more volatile than DOW. 71  of all equities and portfolios are less risky than Danske Invest. Compared to the overall equity markets, volatility of historical daily returns of Danske Invest Steuropa is higher than 71 () of all global equities and portfolios over the last 30 days. Use Danske Invest Steuropa to enhance returns of your portfolios. The stock experiences very speculative upward sentiment. . Check odds of Danske Invest to be traded at kr328.0 in 30 days. . As returns on market increase, returns on owning Danske Invest are expected to decrease at a much smaller rate. During bear market, Danske Invest is likely to outperform the market.

Danske Invest correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Danske Invest Steuropa and equity matching DJI index in the same portfolio.

Danske Invest Current Risk Indicators

Danske Invest Suggested Diversification Pairs

Continue to Investing Opportunities. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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