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Nordea Volatility

NDI
NDIVOMKL -- Denmark Stock  

DKK 91.88  2.36  2.64%

Macroaxis considers Nordea Inv to be not too volatile. Nordea Inv Verdens has Sharpe Ratio of -0.2031, which conveys that the firm had -0.2031% 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 Inv exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Nordea Inv Verdens Obl Marked Mean Deviation of 1.95 and Risk Adjusted Performance of (0.67) to check out the risk estimate we provide.
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Nordea Inv 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 Inv volatility.

Nordea Inv Market Sensitivity

As returns on market increase, Nordea Inv returns are expected to increase less than the market. However, during bear market, the loss on holding Nordea Inv will be expected to be smaller as well.
3 Months Beta |Analyze Nordea Inv Verdens Demand Trend
Check current 30 days Nordea Inv correlation with market (DOW)
β = 0.0455

Nordea Inv Central Daily Price Deviation

Nordea Inv Verdens Technical Analysis

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Nordea Inv Projected Return Density Against Market

Assuming 30 trading days horizon, Nordea Inv has beta of 0.0455 indicating as returns on market go up, Nordea Inv average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Nordea Inv Verdens Obl Marked 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 Inv Verdens is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of Nordea Inv is -492.46. The daily returns are destributed with a variance of 15.06 and standard deviation of 3.88. The mean deviation of Nordea Inv Verdens Obl Marked is currently at 2.01. For similar time horizon, the selected benchmark (DOW) has volatility of 3.8
α
Alpha over DOW
=0.66
β
Beta against DOW=0.0455
σ
Overall volatility
=3.88
Ir
Information ratio =0.07

Nordea Inv Return Volatility

the organization accepts 3.8806% volatility on return distribution over the 30 days horizon. the entity inherits 3.9589% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Nordea Inv Investment Opportunity

DOW has a standard deviation of returns of 3.96 and is 1.02 times more volatile than Nordea Inv Verdens Obl Marked. 34  of all equities and portfolios are less risky than Nordea Inv. Compared to the overall equity markets, volatility of historical daily returns of Nordea Inv Verdens Obl Marked is lower than 34 () of all global equities and portfolios over the last 30 days. Use Nordea Inv Verdens Obl Marked to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of Nordea Inv to be traded at kr110.26 in 30 days. . As returns on market increase, Nordea Inv returns are expected to increase less than the market. However, during bear market, the loss on holding Nordea Inv will be expected to be smaller as well.

Nordea Inv correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Nordea Inv Verdens Obl Marked and equity matching DJI index in the same portfolio.

Nordea Inv Current Risk Indicators

Nordea Inv Suggested Diversification Pairs

Additionally, see Stocks Correlation. Please also try CEO Directory module to screen ceos from public companies around the world.
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