Sparinvest Danske (Denmark) Probability of Future Fund Price Finishing Over 223.98
| SPIDKAKLA | DKK 222.90 1.30 0.58% |
Sparinvest |
Sparinvest Danske Target Price Odds to finish over 223.98
The tendency of Sparinvest 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 over kr 223.98 or more in 90 days |
| 222.90 | 90 days | 223.98 | about 81.75 |
Based on a normal probability distribution, the odds of Sparinvest Danske to move over kr 223.98 or more in 90 days from now is about 81.75 (This Sparinvest Danske Aktier probability density function shows the probability of Sparinvest Fund to fall within a particular range of prices over 90 days) . Probability of Sparinvest Danske Aktier price to stay between its current price of kr 222.90 and kr 223.98 at the end of the 90-day period is nearly 4.34 .
Assuming the 90 days trading horizon Sparinvest Danske has a beta of 0.13. This usually implies as returns on the market go up, Sparinvest Danske average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sparinvest Danske Aktier will be expected to be much smaller as well. Additionally Sparinvest Danske Aktier has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Sparinvest Danske Price Density |
| Price |
Predictive Modules for Sparinvest Danske
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sparinvest Danske Aktier. 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.Sparinvest Danske Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sparinvest Danske is not an exception. The market had few large corrections towards the Sparinvest Danske'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 Sparinvest Danske Aktier, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sparinvest Danske within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 6.05 | |
Ir | Information ratio | -0.24 |
Sparinvest Danske Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Sparinvest Danske for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sparinvest Danske Aktier can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sparinvest Danske generated a negative expected return over the last 90 days |
Sparinvest Danske Technical Analysis
Sparinvest Danske's future price can be derived by breaking down and analyzing its technical indicators over time. Sparinvest Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sparinvest Danske Aktier. In general, you should focus on analyzing Sparinvest Fund price patterns and their correlations with different microeconomic environments and drivers.
Sparinvest Danske Predictive Forecast Models
Sparinvest Danske's time-series forecasting models is one of many Sparinvest Danske'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 Sparinvest Danske'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.
Things to note about Sparinvest Danske Aktier
Checking the ongoing alerts about Sparinvest Danske for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sparinvest Danske Aktier help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sparinvest Danske generated a negative expected return over the last 90 days |
Other Information on Investing in Sparinvest Fund
Sparinvest Danske financial ratios help investors to determine whether Sparinvest Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sparinvest with respect to the benefits of owning Sparinvest Danske security.
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