>

Ringkjbing Volatility

<div class='circular--portrait' style='background:#FF9E01;color: white;font-size:4em;padding-top: 25px;;'>RI</div>
RILBA -- Denmark Stock  

DKK 375.50  9.50  2.60%

Macroaxis considers Ringkjbing Landbobank to be very steady. Ringkjbing Landbobank maintains Sharpe Ratio (i.e. Efficiency) of -0.1885, which implies the corporation had -0.1885% of return per unit of risk over the last 3 months. Macroaxis philosophy towards forecasting 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. Ringkjbing Landbobank exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Ringkjbing Landbobank Coefficient Of Variation of (597.08) and Risk Adjusted Performance of (0.64) to confirm the risk estimate we provide.
View Volatility For
Refresh
Ringkjbing Landbobank 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 Ringkjbing daily returns, and it is calculated using variance and standard deviation. We also use Ringkjbing's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Ringkjbing Landbobank volatility.

90 Days Market Risk

Very steady

Chance of Distress

Below Average

90 Days Economic Sensitivity

Slowly supersedes market

Ringkjbing Landbobank Market Sensitivity

As returns on market increase, Ringkjbing Landbobank returns are expected to increase less than the market. However, during bear market, the loss on holding Ringkjbing Landbobank will be expected to be smaller as well.
3 Months Beta |Analyze Ringkjbing Landbobank Demand Trend
Check current 30 days Ringkjbing Landbobank correlation with market (DOW)
β = 0.3204

Ringkjbing Landbobank Central Daily Price Deviation

Ringkjbing Landbobank Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of Ringkjbing Landbobank price series. View also all equity analysis or get more info about median price price transform indicator.

Ringkjbing Landbobank Projected Return Density Against Market

Assuming 30 trading days horizon, Ringkjbing Landbobank has beta of 0.3204 . This implies as returns on market go up, Ringkjbing Landbobank average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Ringkjbing Landbobank AS 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. Ringkjbing Landbobank is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of Ringkjbing Landbobank is -530.61. The daily returns are destributed with a variance of 6.74 and standard deviation of 2.6. The mean deviation of Ringkjbing Landbobank AS is currently at 1.75. For similar time horizon, the selected benchmark (DOW) has volatility of 3.81
α
Alpha over DOW
=0.31
β
Beta against DOW=0.32
σ
Overall volatility
=2.60
Ir
Information ratio =0.02

Ringkjbing Landbobank Return Volatility

the company accepts 2.5954% volatility on return distribution over the 30 days horizon. the entity inherits 3.8414% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Ringkjbing Landbobank Investment Opportunity

DOW has a standard deviation of returns of 3.84 and is 1.48 times more volatile than Ringkjbing Landbobank AS. 23  of all equities and portfolios are less risky than Ringkjbing Landbobank. Compared to the overall equity markets, volatility of historical daily returns of Ringkjbing Landbobank AS is lower than 23 () of all global equities and portfolios over the last 30 days. Use Ringkjbing Landbobank AS to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of Ringkjbing Landbobank to be traded at kr450.6 in 30 days. . As returns on market increase, Ringkjbing Landbobank returns are expected to increase less than the market. However, during bear market, the loss on holding Ringkjbing Landbobank will be expected to be smaller as well.

Ringkjbing Landbobank correlation with market

correlation synergy
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Ringkjbing Landbobank AS and equity matching DJI index in the same portfolio.

Ringkjbing Landbobank Current Risk Indicators

Ringkjbing Landbobank Suggested Diversification Pairs

Additionally, take a look at Your Equity Center. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Company logos by clearbit
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