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Fynske Probability of Target Price Finishing Over Current Price

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FYNBK -- Denmark Stock  

DKK 65.00  1.00  1.52%

Fynske Bank probability of target price tool provides mechanism to make assumptions about upside and downside potential of Fynske Bank AS performance during a given time horizon utilizing its historical volatility.
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Please specify Fynske Bank time horizon, a valid symbol (red box) and a target price (blue box) you would like Fynske Bank odds to be computed. Please check Fynske Bank Backtesting, Fynske Bank Valuation, Fynske Bank Correlation, Fynske Bank Hype Analysis, Fynske Bank Volatility, Fynske Bank History as well as Fynske Bank Performance.
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Fynske Bank Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 65.00 30 days 65.00 
about 99.0
Based on normal probability distribution, the odds of Fynske Bank to move above current price in 30 days from now is about 99.0 (This Fynske Bank AS probability density function shows the probability of Fynske Bank Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Fynske Bank has beta of 0.1225 suggesting as returns on market go up, Fynske Bank average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Fynske Bank 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. Fynske Bank AS is significantly underperforming DOW.
 Fynske Bank Price Density 
    
  Price 
α
Alpha over DOW
=0.15
β
Beta against DOW=0.12
σ
Overall volatility
=5.39
Ir
Information ratio =0.07

Fynske Bank Alerts and Suggestions

Fynske Bank AS generates negative expected return over the last 30 days

Fynske BankPrice Density Drivers

Trailing Annual Dividend Rate1.60
Float Shares3.35M
Average Daily Volume Last 10 Day2.14k
Average Daily Volume In Three Month2.26k
Trailing Annual Dividend Yield2.46%
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