Danske Bank As Stock Technical Analysis
| DNSKF Stock | USD 29.33 0.00 0.00% |
As of the 18th of April 2024, Danske Bank shows the Mean Deviation of 0.5114, standard deviation of 1.4, and Variance of 1.96. Danske Bank AS technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect data for thirteen technical drivers for Danske Bank AS, which can be compared to its peers. Please confirm Danske Bank AS variance and value at risk to decide if Danske Bank AS is priced favorably, providing market reflects its regular price of 29.33 per share. Given that Danske Bank has information ratio of 0.0664, we urge you to verify Danske Bank AS's prevailing market performance to make sure the company can sustain itself at a future point.
Danske Bank Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Danske, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DanskeDanske |
Danske Bank technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Danske Bank AS Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Danske Bank AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Danske Bank AS Trend Analysis
Use this graph to draw trend lines for Danske Bank AS. You can use it to identify possible trend reversals for Danske Bank as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Danske Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Danske Bank Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Danske Bank AS applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Danske Bank AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 95.83, which is the sum of squared deviations for the predicted Danske Bank price change compared to its average price change.About Danske Bank Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Danske Bank AS on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Danske Bank AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Danske Bank AS price pattern first instead of the macroeconomic environment surrounding Danske Bank AS. By analyzing Danske Bank's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Danske Bank's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Danske Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.
Danske Bank April 18, 2024 Technical Indicators
Most technical analysis of Danske help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Danske from various momentum indicators to cycle indicators. When you analyze Danske charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0723 | |||
| Market Risk Adjusted Performance | (4.57) | |||
| Mean Deviation | 0.5114 | |||
| Coefficient Of Variation | 943.45 | |||
| Standard Deviation | 1.4 | |||
| Variance | 1.96 | |||
| Information Ratio | 0.0664 | |||
| Jensen Alpha | 0.1397 | |||
| Total Risk Alpha | 0.0374 | |||
| Treynor Ratio | (4.58) | |||
| Maximum Drawdown | 13.99 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 1.62 | |||
| Skewness | 3.85 | |||
| Kurtosis | 30.2 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danske Bank AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Danske Pink Sheet analysis
When running Danske Bank's price analysis, check to measure Danske Bank'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 Danske Bank is operating at the current time. Most of Danske Bank's value examination focuses on studying past and present price action to predict the probability of Danske Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danske Bank's price. Additionally, you may evaluate how the addition of Danske Bank to your portfolios can decrease your overall portfolio volatility.
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