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Nykredit Volatility

NY
NYKBM -- Denmark Stock  

DKK 209.40  2.80  1.36%

Macroaxis considers Nykredit Invest very steady given 3 months investment horizon. Nykredit Invest Balance 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. Our philosophy towards estimating volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By analyzing Nykredit Invest Balance technical indicators you can presently evaluate if the expected return of 0.5009% is justified by implied risk. Please exercise Nykredit Invest Balance Moderat Mean Deviation of 2.61 and Risk Adjusted Performance of (0.71) to check out if our risk estimates are consistent with your expectations.
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Nykredit 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 Nykredit daily returns, and it is calculated using variance and standard deviation. We also use Nykredit's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Nykredit Invest volatility.

Nykredit Invest Market Sensitivity

As returns on market increase, returns on owning Nykredit Invest are expected to decrease at a much smaller rate. During bear market, Nykredit Invest is likely to outperform the market.
3 Months Beta |Analyze Nykredit Invest Balance Demand Trend
Check current 30 days Nykredit Invest correlation with market (DOW)
β = -0.1458

Nykredit Invest Central Daily Price Deviation

Nykredit Invest Balance Technical Analysis

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Nykredit Invest Projected Return Density Against Market

Assuming 30 trading days horizon, Nykredit Invest Balance Moderat has beta of -0.1458 indicating as returns on benchmark increase, returns on holding Nykredit Invest are expected to decrease at a much smaller rate. During bear market, however, Nykredit Invest Balance Moderat 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. Nykredit Invest Balance is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of Nykredit Invest is 173.21. The daily returns are destributed with a variance of 0.75 and standard deviation of 0.87. The mean deviation of Nykredit Invest Balance Moderat is currently at 0.67. For similar time horizon, the selected benchmark (DOW) has volatility of 3.99
α
Alpha over DOW
=0.91
β
Beta against DOW=0.15
σ
Overall volatility
=0.87
Ir
Information ratio =0.13

Nykredit Invest Return Volatility

the company accepts 0.8676% volatility on return distribution over the 30 days horizon. the entity inherits 4.0185% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Nykredit Invest Investment Opportunity

DOW has a standard deviation of returns of 4.02 and is 4.62 times more volatile than Nykredit Invest Balance Moderat. of all equities and portfolios are less risky than Nykredit Invest. Compared to the overall equity markets, volatility of historical daily returns of Nykredit Invest Balance Moderat is lower than 7 () of all global equities and portfolios over the last 30 days. Use Nykredit Invest Balance Moderat to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of Nykredit Invest to be traded at kr230.34 in 30 days. . As returns on market increase, returns on owning Nykredit Invest are expected to decrease at a much smaller rate. During bear market, Nykredit Invest is likely to outperform the market.

Nykredit Invest correlation with market

correlation synergy
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Nykredit Invest Balance Modera and equity matching DJI index in the same portfolio.

Nykredit Invest Current Risk Indicators

Nykredit Invest Suggested Diversification Pairs

Additionally, see Stocks Correlation. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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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