Vestjysk Bank (Denmark) Probability of Future Stock Price Finishing Over 4.77
| VJBA Stock | DKK 4.08 0.03 0.73% |
Vestjysk |
Vestjysk Bank Target Price Odds to finish over 4.77
The tendency of Vestjysk Stock 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 4.77 or more in 90 days |
| 4.08 | 90 days | 4.77 | near 1 |
Based on a normal probability distribution, the odds of Vestjysk Bank to move over kr 4.77 or more in 90 days from now is near 1 (This Vestjysk Bank AS probability density function shows the probability of Vestjysk Stock to fall within a particular range of prices over 90 days) . Probability of Vestjysk Bank AS price to stay between its current price of kr 4.08 and kr 4.77 at the end of the 90-day period is more than 93.0 .
Assuming the 90 days trading horizon Vestjysk Bank AS has a beta of -0.0085. This entails as returns on the benchmark increase, returns on holding Vestjysk Bank are expected to decrease at a much lower rate. During a bear market, however, Vestjysk Bank AS is likely to outperform the market. Additionally Vestjysk Bank AS 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. Vestjysk Bank Price Density |
| Price |
Predictive Modules for Vestjysk Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Vestjysk Bank AS. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Vestjysk Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Vestjysk Bank is not an exception. The market had few large corrections towards the Vestjysk Bank'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 Vestjysk Bank AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Vestjysk Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.0085 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.26 |
Vestjysk Bank 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 Vestjysk Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Vestjysk Bank AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Vestjysk Bank AS generated a negative expected return over the last 90 days | |
| About 73.0% of the company outstanding shares are owned by institutional investors |
Vestjysk Bank Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Vestjysk Stock often depends not only on the future outlook of the current and potential Vestjysk Bank's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Vestjysk Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B |
Vestjysk Bank Technical Analysis
Vestjysk Bank's future price can be derived by breaking down and analyzing its technical indicators over time. Vestjysk Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Vestjysk Bank AS. In general, you should focus on analyzing Vestjysk Stock price patterns and their correlations with different microeconomic environments and drivers.
Vestjysk Bank Predictive Forecast Models
Vestjysk Bank's time-series forecasting models is one of many Vestjysk Bank's stock 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 Vestjysk Bank'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 stock market movement and maximize returns from investment trading.
Things to note about Vestjysk Bank AS
Checking the ongoing alerts about Vestjysk Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Vestjysk Bank AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Vestjysk Bank AS generated a negative expected return over the last 90 days | |
| About 73.0% of the company outstanding shares are owned by institutional investors |
Other Information on Investing in Vestjysk Stock
Vestjysk Bank financial ratios help investors to determine whether Vestjysk Stock 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 Vestjysk with respect to the benefits of owning Vestjysk Bank security.