PF BankNordik (Denmark) Probability of Future Stock Price Finishing Over 191.09
| BNORDIK-CSE | DKK 164.00 1.00 0.61% |
BNORDIK-CSE |
PF BankNordik Target Price Odds to finish over 191.09
The tendency of BNORDIK-CSE 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 191.09 or more in 90 days |
| 164.00 | 90 days | 191.09 | near 1 |
Based on a normal probability distribution, the odds of PF BankNordik to move over kr 191.09 or more in 90 days from now is near 1 (This PF BankNordik probability density function shows the probability of BNORDIK-CSE Stock to fall within a particular range of prices over 90 days) . Probability of PF BankNordik price to stay between its current price of kr 164.00 and kr 191.09 at the end of the 90-day period is nearly 4.71 .
Assuming the 90 days trading horizon PF BankNordik has a beta of 0.0173 suggesting as returns on the market go up, PF BankNordik average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PF BankNordik will be expected to be much smaller as well. Additionally PF BankNordik has an alpha of 0.096, implying that it can generate a 0.096 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PF BankNordik Price Density |
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Predictive Modules for PF BankNordik
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PF BankNordik. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PF BankNordik's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PF BankNordik Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PF BankNordik is not an exception. The market had few large corrections towards the PF BankNordik'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 PF BankNordik, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PF BankNordik within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.1 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 4.26 | |
Ir | Information ratio | -0.0077 |
PF BankNordik 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 PF BankNordik for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PF BankNordik can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PF BankNordik is not yet fully synchronised with the market data | |
| About 40.0% of the company shares are held by company insiders |
PF BankNordik 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 BNORDIK-CSE Stock often depends not only on the future outlook of the current and potential PF BankNordik'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. PF BankNordik's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.6 M |
PF BankNordik Technical Analysis
PF BankNordik's future price can be derived by breaking down and analyzing its technical indicators over time. BNORDIK-CSE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PF BankNordik. In general, you should focus on analyzing BNORDIK-CSE Stock price patterns and their correlations with different microeconomic environments and drivers.
PF BankNordik Predictive Forecast Models
PF BankNordik's time-series forecasting models is one of many PF BankNordik'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 PF BankNordik'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 PF BankNordik
Checking the ongoing alerts about PF BankNordik for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PF BankNordik help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PF BankNordik is not yet fully synchronised with the market data | |
| About 40.0% of the company shares are held by company insiders |
Other Information on Investing in BNORDIK-CSE Stock
PF BankNordik financial ratios help investors to determine whether BNORDIK-CSE 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 BNORDIK-CSE with respect to the benefits of owning PF BankNordik security.