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Hvidbjerg Probability of Target Price Finishing Over Current Price

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HVID -- Denmark Stock  

DKK 52.00  1.00  1.89%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 52.00 30 days 52.00 
roughly 96.0
Based on normal probability distribution, the odds of Hvidbjerg Bank to move above current price in 30 days from now is roughly 96.0 (This Hvidbjerg Bank AS probability density function shows the probability of Hvidbjerg Bank Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Hvidbjerg Bank AS has beta of -0.1471 . This indicates as returns on benchmark increase, returns on holding Hvidbjerg Bank are expected to decrease at a much smaller rate. During bear market, however, Hvidbjerg Bank AS is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Hvidbjerg Bank AS is significantly underperforming DOW.
 Hvidbjerg Bank Price Density 
    
  Price 
α
Alpha over DOW
=0.12
β
Beta against DOW=0.15
σ
Overall volatility
=2.11
Ir
Information ratio =0.12

Hvidbjerg Bank Alerts and Suggestions

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

Hvidbjerg BankPrice Density Drivers

Float Shares1.54M
Average Daily Volume Last 10 Day2.03k
Average Daily Volume In Three Month2.22k
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