Ringkjbing Probability of Target Price Finishing Over Current Price

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RILBA -- Denmark Stock  

DKK 373.00  2.50  0.67%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 373.00 30 days 373.00 
about 91.52
Based on normal probability distribution, the odds of Ringkjbing Landbobank to move above current price in 30 days from now is about 91.52 (This Ringkjbing Landbobank AS probability density function shows the probability of Ringkjbing Landbobank Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Ringkjbing Landbobank has beta of 0.0036 . This implies as returns on market go up, Ringkjbing Landbobank average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Ringkjbing Landbobank 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. Ringkjbing Landbobank is significantly underperforming DOW.
 Ringkjbing Landbobank Price Density 
Alpha over DOW
Beta against DOW=0.0036
Overall volatility
Information ratio =0.02

Ringkjbing Landbobank Alerts and Suggestions

Ringkjbing Landbobank generates negative expected return over the last 30 days
RINGKJOBING LANDB has accumulated about 868.85 M in cash with (671.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 29.73.

Ringkjbing LandbobankPrice Density Drivers

Trailing Annual Dividend Rate11.00
Float Shares29.07M
Average Daily Volume Last 10 Day91.44k
Average Daily Volume In Three Month51.35k
Trailing Annual Dividend Yield3.01%
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