Dampskibsselskabet (Denmark) Probability of Future Stock Price Finishing Under 211.27
| DNORD Stock | DKK 193.20 0.90 0.47% |
Dampskibsselskabet |
Dampskibsselskabet Target Price Odds to finish below 211.27
The tendency of Dampskibsselskabet 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 stay under kr 211.27 after 90 days |
| 193.20 | 90 days | 211.27 | about 83.47 |
Based on a normal probability distribution, the odds of Dampskibsselskabet to stay under kr 211.27 after 90 days from now is about 83.47 (This Dampskibsselskabet Norden AS probability density function shows the probability of Dampskibsselskabet Stock to fall within a particular range of prices over 90 days) . Probability of Dampskibsselskabet price to stay between its current price of kr 193.20 and kr 211.27 at the end of the 90-day period is about 50.25 .
Assuming the 90 days trading horizon Dampskibsselskabet Norden AS has a beta of -0.35 suggesting as returns on the benchmark increase, returns on holding Dampskibsselskabet are expected to decrease at a much lower rate. During a bear market, however, Dampskibsselskabet Norden AS is likely to outperform the market. Additionally Dampskibsselskabet Norden 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. Dampskibsselskabet Price Density |
| Price |
Predictive Modules for Dampskibsselskabet
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dampskibsselskabet. 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 Dampskibsselskabet'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.
Dampskibsselskabet Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dampskibsselskabet is not an exception. The market had few large corrections towards the Dampskibsselskabet'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 Dampskibsselskabet Norden AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dampskibsselskabet within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 12.83 | |
Ir | Information ratio | 0.02 |
Dampskibsselskabet 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 Dampskibsselskabet for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dampskibsselskabet can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Dampskibsselskabet generated a negative expected return over the last 90 days | |
| About 30.0% of the company shares are held by company insiders |
Dampskibsselskabet 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 Dampskibsselskabet Stock often depends not only on the future outlook of the current and potential Dampskibsselskabet'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. Dampskibsselskabet's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 33.8 M | |
| Dividends Paid | -376.2 M | |
| Short Long Term Debt | 21 M |
Dampskibsselskabet Technical Analysis
Dampskibsselskabet's future price can be derived by breaking down and analyzing its technical indicators over time. Dampskibsselskabet Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dampskibsselskabet Norden AS. In general, you should focus on analyzing Dampskibsselskabet Stock price patterns and their correlations with different microeconomic environments and drivers.
Dampskibsselskabet Predictive Forecast Models
Dampskibsselskabet's time-series forecasting models is one of many Dampskibsselskabet'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 Dampskibsselskabet'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 Dampskibsselskabet
Checking the ongoing alerts about Dampskibsselskabet for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dampskibsselskabet help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dampskibsselskabet generated a negative expected return over the last 90 days | |
| About 30.0% of the company shares are held by company insiders |
Other Information on Investing in Dampskibsselskabet Stock
Dampskibsselskabet financial ratios help investors to determine whether Dampskibsselskabet 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 Dampskibsselskabet with respect to the benefits of owning Dampskibsselskabet security.