ODIN NORSK (Norway) Probability of Future Fund Price Finishing Over 1,111
| NO0008000056 | 1,111 0.08 0.01% |
ODIN |
ODIN NORSK Target Price Odds to finish over 1,111
The tendency of ODIN Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 1,111 | 90 days | 1,111 | under 4 |
Based on a normal probability distribution, the odds of ODIN NORSK to move above the current price in 90 days from now is under 4 (This ODIN NORSK OBLIGASJON probability density function shows the probability of ODIN Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon ODIN NORSK OBLIGASJON has a beta of -0.0024. This indicates as returns on the benchmark increase, returns on holding ODIN NORSK are expected to decrease at a much lower rate. During a bear market, however, ODIN NORSK OBLIGASJON is likely to outperform the market. Additionally ODIN NORSK OBLIGASJON has an alpha of 0.0083, implying that it can generate a 0.008262 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ODIN NORSK Price Density |
| Price |
Predictive Modules for ODIN NORSK
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ODIN NORSK OBLIGASJON. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.ODIN NORSK Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ODIN NORSK is not an exception. The market had few large corrections towards the ODIN NORSK's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ODIN NORSK OBLIGASJON, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ODIN NORSK within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.0024 | |
σ | Overall volatility | 3.74 | |
Ir | Information ratio | -3.7 |
ODIN NORSK Technical Analysis
ODIN NORSK's future price can be derived by breaking down and analyzing its technical indicators over time. ODIN Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ODIN NORSK OBLIGASJON. In general, you should focus on analyzing ODIN Fund price patterns and their correlations with different microeconomic environments and drivers.
ODIN NORSK Predictive Forecast Models
ODIN NORSK's time-series forecasting models is one of many ODIN NORSK's fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ODIN NORSK's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the fund market movement and maximize returns from investment trading.
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 ODIN NORSK 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, ODIN NORSK's short interest history, or implied volatility extrapolated from ODIN NORSK options trading.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |