Nordea Probability of Target Price Finishing Above 163.9

NDIMLOKL -- Denmark Stock  

DKK 165.70  0.20  0.12%

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

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Please specify Nordea Invest time horizon, a valid symbol (red box) and a target price (blue box) you would like Nordea Invest odds to be computed. Additionally, see Stocks Correlation.
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Nordea Invest Target Price Odds to finish below 163.9

Current PriceHorizonTarget PriceOdds to drop to kr 163.90  or more in 30 days
 165.70 30 days 163.90 
about 17.17
Based on normal probability distribution, the odds of Nordea Invest to drop to kr 163.90  or more in 30 days from now is about 17.17 (This Nordea Invest Mellemlange probability density function shows the probability of Nordea Invest Stock to fall within a particular range of prices over 30 days) . Probability of Nordea Invest Mellem price to stay between kr 163.90  and its current price of kr165.7 at the end of the 30-day period is about 33.96 .
Assuming 30 trading days horizon, Nordea Invest Mellemlange has beta of -0.0078 indicating as returns on benchmark increase, returns on holding Nordea Invest are expected to decrease at a much smaller rate. During bear market, however, Nordea Invest Mellemlange 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. Nordea Invest Mellem is significantly underperforming DOW.
 Nordea Invest Price Density 
Alpha over DOW
Beta against DOW=-0.0078
Overall volatility
Information ratio =-0.3

Nordea Invest Alerts and Suggestions

Nordea Invest Mellem is not yet fully synchronised with the market data
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