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Nordea Volatility

NDI
NDIINDKL -- Denmark Stock  

DKK 78.78  5.72  6.77%

Macroaxis considers Nordea Invest to be not too volatile. Nordea Invest Indien has Sharpe Ratio of -0.5774, which conveys that the firm had -0.5774% 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 Indien KL Risk Adjusted Performance of (2.37) and Mean Deviation of 8.92 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, 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 Indien Demand Trend
Check current 30 days Nordea Invest correlation with market (DOW)
β = 0.0913

Nordea Invest Central Daily Price Deviation

Nordea Invest Indien Technical Analysis

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Nordea Invest Projected Return Density Against Market

Assuming 30 trading days horizon, Nordea Invest has beta of 0.0913 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 Indien KL 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 Indien is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of Nordea Invest is -173.21. The daily returns are destributed with a variance of 15.27 and standard deviation of 3.91. The mean deviation of Nordea Invest Indien KL is currently at 3.01. For similar time horizon, the selected benchmark (DOW) has volatility of 3.85
α
Alpha over DOW
=7.85
β
Beta against DOW=0.09
σ
Overall volatility
=3.91
Ir
Information ratio =0.59

Nordea Invest Return Volatility

the organization accepts 3.9082% volatility on return distribution over the 30 days horizon. the entity inherits 3.8523% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Nordea Invest Investment Opportunity

Nordea Invest Indien KL has a volatility of 3.91 and is 1.02 times more volatile than DOW. 35  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 Indien KL is lower than 35 () of all global equities and portfolios over the last 30 days. Use Nordea Invest Indien KL to protect your portfolios against small markets fluctuations. The stock experiences very speculative upward sentiment. Check odds of Nordea Invest to be traded at kr74.84 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
Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Nordea Invest Indien 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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