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Nordea Volatility

NDI
NDILAOKL -- Denmark Stock  

DKK 99.42  0.00  0.00%

Macroaxis considers Nordea Invest to be very steady. Nordea Invest Lange has Sharpe Ratio of -0.0453, which conveys that the firm had -0.0453% 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 Lange Obligatione Mean Deviation of 0.9502 and Risk Adjusted Performance of (0.74) 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 Lange Demand Trend
Check current 30 days Nordea Invest correlation with market (DOW)
β = -0.0122

Nordea Invest Central Daily Price Deviation

Nordea Invest Lange Technical Analysis

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Nordea Invest Projected Return Density Against Market

Assuming 30 trading days horizon, Nordea Invest Lange Obligatione has beta of -0.0122 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 Lange Obligatione 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 Lange is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of Nordea Invest is -2209.61. The daily returns are destributed with a variance of 3.34 and standard deviation of 1.83. The mean deviation of Nordea Invest Lange Obligatione is currently at 1.12. For similar time horizon, the selected benchmark (DOW) has volatility of 3.8
α
Alpha over DOW
=0.29
β
Beta against DOW=0.01
σ
Overall volatility
=1.83
Ir
Information ratio =0.06

Nordea Invest Return Volatility

the organization accepts 1.828% volatility on return distribution over the 30 days horizon. the entity inherits 3.8581% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Nordea Invest Investment Opportunity

DOW has a standard deviation of returns of 3.86 and is 2.11 times more volatile than Nordea Invest Lange Obligatione. 16  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 Lange Obligatione is lower than 16 () of all global equities and portfolios over the last 30 days. Use Nordea Invest Lange Obligatione to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Nordea Invest to be traded at kr98.43 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 Lange Obligation 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 Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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