Danish Probability of Target Price Finishing Over 4.99

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DAC -- Denmark Stock  

DKK 5.54  0.18  3.15%

Danish Aerospace probability of target price tool provides mechanism to make assumptions about upside and downside potential of Danish Aerospace performance during a given time horizon utilizing its historical volatility.

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Please specify Danish Aerospace time horizon, a valid symbol (red box) and a target price (blue box) you would like Danish Aerospace odds to be computed. Continue to Danish Aerospace Backtesting, Danish Aerospace Valuation, Danish Aerospace Correlation, Danish Aerospace Hype Analysis, Danish Aerospace Volatility, Danish Aerospace History as well as Danish Aerospace Performance.
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Danish Aerospace Target Price Odds to finish over 4.99

Current PriceHorizonTarget PriceOdds to stay above kr 4.99  in 30 days
 5.54 30 days 4.99 
about 72.97
Based on normal probability distribution, the odds of Danish Aerospace to stay above kr 4.99  in 30 days from now is about 72.97 (This Danish Aerospace probability density function shows the probability of Danish Aerospace Stock to fall within a particular range of prices over 30 days) . Probability of Danish Aerospace price to stay between kr 4.99  and its current price of kr5.54 at the end of the 30-day period is about 48.21 .
Assuming 30 trading days horizon, Danish Aerospace has beta of -0.1059 suggesting as returns on benchmark increase, returns on holding Danish Aerospace are expected to decrease at a much smaller rate. During bear market, however, Danish Aerospace is likely to outperform the market. Additionally The company has an alpha of 0.1738 implying that it can potentially generate 0.1738% excess return over DOW after adjusting for the inherited market risk (beta).
 Danish Aerospace Price Density 
      Price 
α
Alpha over DOW
=0.17
β
Beta against DOW=-0.11
σ
Overall volatility
=0.42
Ir
Information ratio =0.020229

Danish Aerospace Alerts and Suggestions

Danish Aerospace has very high historical volatility over the last 30 days
Danish Aerospace has high likelihood to experience some financial distress in the next 2 years
The company has accumulated about 5.58 M in cash with (1.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51.

Danish AerospacePrice Density Drivers

Float Shares1.56M
Average Daily Volume Last 10 Day161.2k
Average Daily Volume In Three Month29.05k
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