BankInvest Danske (Denmark) Probability of Future Fund Price Finishing Over 115.00
| BAIDKAA Fund | DKK 115.00 0.30 0.26% |
BankInvest |
BankInvest Danske Target Price Odds to finish over 115.00
The tendency of BankInvest Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 115.00 | 90 days | 115.00 | about 22.79 |
Based on a normal probability distribution, the odds of BankInvest Danske to move above the current price in 90 days from now is about 22.79 (This BankInvest Danske probability density function shows the probability of BankInvest Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon BankInvest Danske has a beta of 0.0055 suggesting as returns on the market go up, BankInvest Danske average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BankInvest Danske will be expected to be much smaller as well. Additionally BankInvest Danske has an alpha of 0.0899, implying that it can generate a 0.0899 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). BankInvest Danske Price Density |
| Price |
Predictive Modules for BankInvest Danske
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BankInvest Danske. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BankInvest Danske's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BankInvest Danske Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BankInvest Danske is not an exception. The market had few large corrections towards the BankInvest Danske's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold BankInvest Danske, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BankInvest Danske within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.09 | |
β | Beta against NYSE Composite | 0.01 | |
σ | Overall volatility | 2.36 | |
Ir | Information ratio | 0.01 |
BankInvest Danske Technical Analysis
BankInvest Danske's future price can be derived by breaking down and analyzing its technical indicators over time. BankInvest Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BankInvest Danske. In general, you should focus on analyzing BankInvest Fund price patterns and their correlations with different microeconomic environments and drivers.
BankInvest Danske Predictive Forecast Models
BankInvest Danske's time-series forecasting models is one of many BankInvest Danske's fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary BankInvest Danske's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the fund market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BankInvest Danske in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BankInvest Danske's short interest history, or implied volatility extrapolated from BankInvest Danske options trading.
Check out BankInvest Danske Backtesting, Portfolio Optimization, BankInvest Danske Correlation, BankInvest Danske Hype Analysis, BankInvest Danske Volatility, BankInvest Danske History as well as BankInvest Danske Performance. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Please note, there is a significant difference between BankInvest Danske's value and its price as these two are different measures arrived at by different means. Investors typically determine if BankInvest Danske is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BankInvest Danske's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.