Nordea Volatility

NI
NDIB2KL -- Denmark Stock  

DKK 145.80  0.80  0.55%

Macroaxis considers Nordea Invest very steady given 3 months investment horizon. Nordea Invest Basis has Sharpe Ratio of 0.5101, which conveys that the firm had 0.5101% of return per unit of risk over the last 3 months. Our philosophy towards estimating volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By analyzing Nordea Invest Basis technical indicators you can presently evaluate if the expected return of 0.6414% is justified by implied risk. Please exercise Nordea Invest Basis Mean Deviation of 1.73 and Risk Adjusted Performance of (0.33) to check out if our risk estimates are consistent with your expectations.

Search Volatility

 
Refresh
Nordea 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 Nordea daily returns, and it is calculated using variance and standard deviation. We also use Nordea's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Nordea Invest volatility.

Nordea Invest Market Sensitivity

As returns on market increase, Nordea Invest returns are expected to increase less than the market. However, during bear market, the loss on holding Nordea Invest will be expected to be smaller as well.
3 Months Beta |Analyze Nordea Invest Basis Demand Trend
Check current 30 days Nordea Invest correlation with market (DOW)
β = 0.0123

Nordea Invest Central Daily Price Deviation

Nordea Invest Basis 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.

Nordea Invest Projected Return Density Against Market

Assuming 30 trading days horizon, Nordea Invest has beta of 0.0123 indicating as returns on market go up, Nordea Invest average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Nordea Invest Basis 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. Nordea Invest Basis is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Nordea Invest is 196.04. The daily returns are destributed with a variance of 1.58 and standard deviation of 1.26. The mean deviation of Nordea Invest Basis is currently at 0.97. For similar time horizon, the selected benchmark (DOW) has volatility of 4.08
α
Alpha over DOW
=-0.28
β
Beta against DOW=0.0123
σ
Overall volatility
=1.26
Ir
Information ratio =-0.04

Nordea Invest Return Volatility

the business accepts 1.2575% volatility on return distribution over the 30 days horizon. the entity inherits 4.1058% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About Nordea Invest Volatility

Volatility is a rate at which the price of Nordea Invest or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Nordea Invest may increase or decrease. In other words, similar to Nordea's beta indicator, it measures the risk of Nordea Invest and helps estimate the fluctuations that may happen in a short period of time. So if prices of Nordea Invest fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

Nordea Invest Investment Opportunity

DOW has a standard deviation of returns of 4.11 and is 3.26 times more volatile than Nordea Invest Basis. 11  of all equities and portfolios are less risky than Nordea Invest. Compared to the overall equity markets, volatility of historical daily returns of Nordea Invest Basis is lower than 11 () of all global equities and portfolios over the last 30 days. Use Nordea Invest Basis to protect your portfolios against small markets fluctuations. The stock experiences moderate downward daily trend and can be a good diversifier. Check odds of Nordea Invest to be traded at kr142.88 in 30 days. . As returns on market increase, Nordea Invest returns are expected to increase less than the market. However, during bear market, the loss on holding Nordea Invest will be expected to be smaller as well.

Nordea Invest correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Nordea Invest Basis 2 KL and equity matching DJI index in the same portfolio.

Nordea Invest Current Risk Indicators

Nordea Invest Suggested Diversification Pairs

Additionally, see Stocks Correlation. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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