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Nordea Volatility

NDI
NDIGSEKL -- Denmark Stock  

DKK 75.92  1.78  2.29%

Macroaxis considers Nordea Invest to be slightly risky. Nordea Invest Global has Sharpe Ratio of -0.261, which conveys that the firm had -0.261% 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 SmCap Enha Risk Adjusted Performance of (1.04) and Mean Deviation of 8.28 to check out the risk estimate we provide.
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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, returns on owning Nordea Invest are expected to decrease at a much smaller rate. During bear market, Nordea Invest is likely to outperform the market.
3 Months Beta |Analyze Nordea Invest Global Demand Trend
Check current 30 days Nordea Invest correlation with market (DOW)
β = -0.1864

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 nine. 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 Global SmCap Enha has beta of -0.1864 indicating as returns on benchmark increase, returns on holding Nordea Invest are expected to decrease at a much smaller rate. During bear market, however, Nordea Invest Global SmCap Enha 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. Nordea Invest Global is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of Nordea Invest is -383.14. The daily returns are destributed with a variance of 170.48 and standard deviation of 13.06. The mean deviation of Nordea Invest Global SmCap Enha is currently at 7.46. For similar time horizon, the selected benchmark (DOW) has volatility of 3.8
α
Alpha over DOW
=3.92
β
Beta against DOW=0.19
σ
Overall volatility
=13.06
Ir
Information ratio =0.25

Nordea Invest Return Volatility

the organization accepts 13.0568% volatility on return distribution over the 30 days horizon. the entity inherits 3.8585% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Nordea Invest Investment Opportunity

Nordea Invest Global SmCap Enha has a volatility of 13.06 and is 3.38 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 SmCap Enha is higher than 96 () of all global equities and portfolios over the last 30 days. Use Nordea Invest Global SmCap Enha to protect your portfolios against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Nordea Invest to be traded at kr72.88 in 30 days. . As returns on market increase, returns on owning Nordea Invest are expected to decrease at a much smaller rate. During bear market, Nordea Invest is likely to outperform the market.

Nordea Invest correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Nordea Invest Global SmCap Enh 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.
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