Groenlandsbanken (Denmark) Probability of Future Stock Price Finishing Over 471.20
| GRLA Stock | DKK 640.00 5.00 0.78% |
Groenlandsbanken |
Groenlandsbanken Target Price Odds to finish over 471.20
The tendency of Groenlandsbanken Stock 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 stay above kr 471.20 in 90 days |
| 640.00 | 90 days | 471.20 | close to 99 |
Based on a normal probability distribution, the odds of Groenlandsbanken to stay above kr 471.20 in 90 days from now is close to 99 (This Groenlandsbanken AS probability density function shows the probability of Groenlandsbanken Stock to fall within a particular range of prices over 90 days) . Probability of Groenlandsbanken price to stay between kr 471.20 and its current price of kr640.0 at the end of the 90-day period is about 6.05 .
Assuming the 90 days trading horizon Groenlandsbanken AS has a beta of -0.3. This usually indicates as returns on the benchmark increase, returns on holding Groenlandsbanken are expected to decrease at a much lower rate. During a bear market, however, Groenlandsbanken AS is likely to outperform the market. Additionally Groenlandsbanken AS has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Groenlandsbanken Price Density |
| Price |
Predictive Modules for Groenlandsbanken
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Groenlandsbanken. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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 Groenlandsbanken'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.
Groenlandsbanken Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Groenlandsbanken is not an exception. The market had few large corrections towards the Groenlandsbanken'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 Groenlandsbanken AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Groenlandsbanken within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | -0.3 | |
σ | Overall volatility | 13.87 | |
Ir | Information ratio | -0.08 |
Groenlandsbanken Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Groenlandsbanken for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Groenlandsbanken can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Groenlandsbanken generated a negative expected return over the last 90 days | |
| About 41.0% of the company shares are held by company insiders |
Groenlandsbanken Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Groenlandsbanken Stock often depends not only on the future outlook of the current and potential Groenlandsbanken's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Groenlandsbanken's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.8 M |
Groenlandsbanken Technical Analysis
Groenlandsbanken's future price can be derived by breaking down and analyzing its technical indicators over time. Groenlandsbanken Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Groenlandsbanken AS. In general, you should focus on analyzing Groenlandsbanken Stock price patterns and their correlations with different microeconomic environments and drivers.
Groenlandsbanken Predictive Forecast Models
Groenlandsbanken's time-series forecasting models is one of many Groenlandsbanken's stock 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 Groenlandsbanken'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 stock market movement and maximize returns from investment trading.
Things to note about Groenlandsbanken
Checking the ongoing alerts about Groenlandsbanken for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Groenlandsbanken help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Groenlandsbanken generated a negative expected return over the last 90 days | |
| About 41.0% of the company shares are held by company insiders |
Check out Groenlandsbanken Backtesting, Groenlandsbanken Valuation, Groenlandsbanken Correlation, Groenlandsbanken Hype Analysis, Groenlandsbanken Volatility, Groenlandsbanken History as well as Groenlandsbanken Performance. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Groenlandsbanken Stock analysis
When running Groenlandsbanken's price analysis, check to measure Groenlandsbanken's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Groenlandsbanken is operating at the current time. Most of Groenlandsbanken's value examination focuses on studying past and present price action to predict the probability of Groenlandsbanken's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Groenlandsbanken's price. Additionally, you may evaluate how the addition of Groenlandsbanken to your portfolios can decrease your overall portfolio volatility.
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