Danske Andelskassers Stock Forecast - Skewness
| DAB Stock | DKK 12.40 0.85 7.36% |
Danske Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Danske Andelskassers stock prices and determine the direction of Danske Andelskassers Bank's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Danske Andelskassers' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Danske Andelskassers to cross-verify your projections. Danske |
Most investors in Danske Andelskassers cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Danske Andelskassers' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Danske Andelskassers' price structures and extracts relationships that further increase the generated results' accuracy.
| Previous Skewness | Skewness | Trend |
| 0 | 0 |
| Check Danske Andelskassers Volatility | Backtest Danske Andelskassers | Information Ratio |
Danske Andelskassers Trading Date Momentum
| On April 23 2024 Danske Andelskassers Bank was traded for 12.40 at the closing time. The maximum traded price for the trading interval was 12.40 and the lowest daily price was 11.55 . There was no trading activity during the period 0.0. Lack of trading volume on 23rd of April 2024 did not affect price variability. The overall trading delta to the closing price today is 6.45% . |
| Compare Danske Andelskassers to competition |
Other Forecasting Options for Danske Andelskassers
For every potential investor in Danske, whether a beginner or expert, Danske Andelskassers' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Danske Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Danske. Basic forecasting techniques help filter out the noise by identifying Danske Andelskassers' price trends.Danske Andelskassers Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Danske Andelskassers stock to make a market-neutral strategy. Peer analysis of Danske Andelskassers could also be used in its relative valuation, which is a method of valuing Danske Andelskassers by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Danske Andelskassers Bank Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Danske Andelskassers' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Danske Andelskassers' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Danske Andelskassers Market Strength Events
Market strength indicators help investors to evaluate how Danske Andelskassers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Danske Andelskassers shares will generate the highest return on investment. By undertsting and applying Danske Andelskassers stock market strength indicators, traders can identify Danske Andelskassers Bank entry and exit signals to maximize returns.
Danske Andelskassers Risk Indicators
The analysis of Danske Andelskassers' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Danske Andelskassers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting danske stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8286 | |||
| Semi Deviation | 0.607 | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.7 | |||
| Downside Variance | 1.33 | |||
| Semi Variance | 0.3684 | |||
| Expected Short fall | (1.20) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Danske Andelskassers in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Danske Andelskassers' short interest history, or implied volatility extrapolated from Danske Andelskassers options trading.
Pair Trading with Danske Andelskassers
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Danske Andelskassers position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Danske Andelskassers will appreciate offsetting losses from the drop in the long position's value.Moving together with Danske Stock
| 0.82 | JYSK | Jyske Bank AS | PairCorr |
| 0.88 | SPNO | Spar Nord Bank | PairCorr |
| 0.71 | LASP | Laan Spar Bank | PairCorr |
Moving against Danske Stock
| 0.86 | STRINV | Strategic Investments | PairCorr |
| 0.83 | JDAN | Jeudan | PairCorr |
| 0.83 | LUXOR-B | Investeringsselskabet | PairCorr |
| 0.8 | BNORDIK-CSE | PF BankNordik | PairCorr |
| 0.69 | PRIMOF | Prime Office AS | PairCorr |
The ability to find closely correlated positions to Danske Andelskassers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danske Andelskassers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Danske Andelskassers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Danske Andelskassers Bank to buy it.
The correlation of Danske Andelskassers is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Danske Andelskassers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danske Andelskassers Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Danske Andelskassers can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Danske Andelskassers to cross-verify your projections. Note that the Danske Andelskassers Bank information on this page should be used as a complementary analysis to other Danske Andelskassers' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Danske Stock analysis
When running Danske Andelskassers' price analysis, check to measure Danske Andelskassers' 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 Danske Andelskassers is operating at the current time. Most of Danske Andelskassers' value examination focuses on studying past and present price action to predict the probability of Danske Andelskassers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danske Andelskassers' price. Additionally, you may evaluate how the addition of Danske Andelskassers to your portfolios can decrease your overall portfolio volatility.
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