Nordea Probability of Target Price Finishing Over Current Price

NDIUSAKL -- Denmark Stock  

DKK 39.71  1.04  2.69%

Nordea Invest probability of target price tool provides mechanism to make assumptions about upside and downside potential of Nordea Invest USA KL 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 over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 39.71 30 days 39.71 
about 89.24
Based on normal probability distribution, the odds of Nordea Invest to move above current price in 30 days from now is about 89.24 (This Nordea Invest USA KL probability density function shows the probability of Nordea Invest Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Nordea Invest has beta of 0.017 indicating as returns on market go up, Nordea Invest average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Nordea Invest USA KL 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. Nordea Invest USA is significantly underperforming DOW.
 Nordea Invest Price Density 
Alpha over DOW
Beta against DOW=0.017
Overall volatility
Information ratio =0.27

Nordea Invest Alerts and Suggestions

Nordea Invest USA is not yet fully synchronised with the market data
Nordea Invest USA generates negative expected return over the last 30 days
Nordea Invest USA has high historical volatility and very poor performance
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