DnB ASA (Norway) Market Value
| DNB Stock | NOK 269.20 2.80 1.05% |
| Symbol | DnB |
DnB ASA 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to DnB ASA's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of DnB ASA.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in DnB ASA on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding DnB ASA or generate 0.0% return on investment in DnB ASA over 90 days. DnB ASA is related to or competes with Telenor ASA, Storebrand ASA, Orkla ASA, Gjensidige Forsikring, and Equinor ASA. DNB Bank ASA provides financial services for retail and corporate customers in Norway More
DnB ASA Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure DnB ASA's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess DnB ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8675 | |||
| Information Ratio | 0.4018 | |||
| Maximum Drawdown | 4.63 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.81 |
DnB ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DnB ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DnB ASA's standard deviation. In reality, there are many statistical measures that can use DnB ASA historical prices to predict the future DnB ASA's volatility.| Risk Adjusted Performance | 0.2548 | |||
| Jensen Alpha | 0.2593 | |||
| Total Risk Alpha | 0.3672 | |||
| Sortino Ratio | 0.4185 | |||
| Treynor Ratio | 5.3 |
DnB ASA Backtested Returns
DnB ASA appears to be very steady, given 3 months investment horizon. DnB ASA retains Efficiency (Sharpe Ratio) of 0.29, which denotes the company had a 0.29 % return per unit of risk over the last 3 months. We have found thirty technical indicators for DnB ASA, which you can use to evaluate the volatility of the firm. Please utilize DnB ASA's Coefficient Of Variation of 342.22, downside deviation of 0.8675, and Market Risk Adjusted Performance of 5.31 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DnB ASA holds a performance score of 22. The firm owns a Beta (Systematic Risk) of 0.0479, which means not very significant fluctuations relative to the market. As returns on the market increase, DnB ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding DnB ASA is expected to be smaller as well. Please check DnB ASA's mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to make a quick decision on whether DnB ASA's current price history will revert.
Auto-correlation | 0.92 |
Excellent predictability
DnB ASA has excellent predictability. Overlapping area represents the amount of predictability between DnB ASA time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DnB ASA price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current DnB ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 90.55 |
DnB ASA lagged returns against current returns
Autocorrelation, which is DnB ASA stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting DnB ASA's stock expected returns. We can calculate the autocorrelation of DnB ASA returns to help us make a trade decision. For example, suppose you find that DnB ASA has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
DnB ASA regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If DnB ASA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DnB ASA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DnB ASA stock over time.
Current vs Lagged Prices |
| Timeline |
DnB ASA Lagged Returns
When evaluating DnB ASA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DnB ASA stock have on its future price. DnB ASA autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, DnB ASA autocorrelation shows the relationship between DnB ASA stock current value and its past values and can show if there is a momentum factor associated with investing in DnB ASA.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in DnB Stock
DnB ASA financial ratios help investors to determine whether DnB 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 DnB with respect to the benefits of owning DnB ASA security.