>

Nordea Volatility

NDI
NDIGLENHKL -- Denmark Stock  

DKK 102.15  0.85  0.83%

Macroaxis considers Nordea Invest to be somewhat reliable. Nordea Invest Global has Sharpe Ratio of -0.211, which conveys that the firm had -0.211% of return per unit of risk over the last 3 months. Macroaxis philosophy towards estimating 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. Nordea Invest exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Nordea Invest Global Enhanced K Risk Adjusted Performance of (0.29) and Mean Deviation of 9.16 to check out the risk estimate we provide.
View Volatility For
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 Global Demand Trend
Check current 30 days Nordea Invest correlation with market (DOW)
β = 0.0522

Nordea Invest Central Daily Price Deviation

Nordea Invest Global Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of eight. Nordea Invest Typical Price indicator is an average of each day price and can be used instead of closing price when creating different Nordea Invest Global moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

Nordea Invest Projected Return Density Against Market

Assuming 30 trading days horizon, Nordea Invest has beta of 0.0522 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 Global Enhanced K 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 Global is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of Nordea Invest is -473.84. The daily returns are destributed with a variance of 123.6 and standard deviation of 11.12. The mean deviation of Nordea Invest Global Enhanced K is currently at 7.08. For similar time horizon, the selected benchmark (DOW) has volatility of 4.01
α
Alpha over DOW
=0.98
β
Beta against DOW=0.05
σ
Overall volatility
=11.12
Ir
Information ratio =0.06

Nordea Invest Return Volatility

the corporation accepts 11.1173% volatility on return distribution over the 30 days horizon. the entity inherits 4.0181% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Nordea Invest Investment Opportunity

Nordea Invest Global Enhanced K has a volatility of 11.12 and is 2.77 times more volatile than DOW. 96  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 Global Enhanced K is higher than 96 () of all global equities and portfolios over the last 30 days. Use Nordea Invest Global Enhanced K 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 kr100.11 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 Global Enhanced 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. drill down to check world indexes.
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