Topdanmark (Denmark) Probability of Future Stock Price Finishing Over 293.00
| TOP Stock | DKK 293.00 4.00 1.38% |
Topdanmark |
Topdanmark Target Price Odds to finish over 293.00
The tendency of Topdanmark 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 above the current price in 90 days |
| 293.00 | 90 days | 293.00 | about 46.07 |
Based on a normal probability distribution, the odds of Topdanmark to move above the current price in 90 days from now is about 46.07 (This Topdanmark AS probability density function shows the probability of Topdanmark Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Topdanmark AS has a beta of -0.0204. This usually implies as returns on the benchmark increase, returns on holding Topdanmark are expected to decrease at a much lower rate. During a bear market, however, Topdanmark AS is likely to outperform the market. Additionally Topdanmark AS has an alpha of 0.0258, implying that it can generate a 0.0258 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Topdanmark Price Density |
| Price |
Predictive Modules for Topdanmark
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Topdanmark 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Topdanmark'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.
Topdanmark Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Topdanmark is not an exception. The market had few large corrections towards the Topdanmark'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 Topdanmark AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Topdanmark within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | -0.02 | |
σ | Overall volatility | 7.20 | |
Ir | Information ratio | -0.02 |
Topdanmark 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 Topdanmark for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Topdanmark 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.| Topdanmark AS generated a negative expected return over the last 90 days | |
| The company has accumulated 2.35 B in total debt with debt to equity ratio (D/E) of 35.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Topdanmark AS has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Topdanmark until it has trouble settling it off, either with new capital or with free cash flow. So, Topdanmark's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Topdanmark AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Topdanmark to invest in growth at high rates of return. When we think about Topdanmark's use of debt, we should always consider it together with cash and equity. | |
| About 71.0% of Topdanmark shares are owned by institutional investors |
Topdanmark 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 Topdanmark Stock often depends not only on the future outlook of the current and potential Topdanmark'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. Topdanmark's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 88 M |
Topdanmark Technical Analysis
Topdanmark's future price can be derived by breaking down and analyzing its technical indicators over time. Topdanmark Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Topdanmark AS. In general, you should focus on analyzing Topdanmark Stock price patterns and their correlations with different microeconomic environments and drivers.
Topdanmark Predictive Forecast Models
Topdanmark's time-series forecasting models is one of many Topdanmark'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 Topdanmark'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 Topdanmark AS
Checking the ongoing alerts about Topdanmark for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Topdanmark AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Topdanmark AS generated a negative expected return over the last 90 days | |
| The company has accumulated 2.35 B in total debt with debt to equity ratio (D/E) of 35.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Topdanmark AS has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Topdanmark until it has trouble settling it off, either with new capital or with free cash flow. So, Topdanmark's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Topdanmark AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Topdanmark to invest in growth at high rates of return. When we think about Topdanmark's use of debt, we should always consider it together with cash and equity. | |
| About 71.0% of Topdanmark shares are owned by institutional investors |
Check out Topdanmark Backtesting, Topdanmark Valuation, Topdanmark Correlation, Topdanmark Hype Analysis, Topdanmark Volatility, Topdanmark History as well as Topdanmark Performance. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Topdanmark Stock analysis
When running Topdanmark's price analysis, check to measure Topdanmark's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Topdanmark is operating at the current time. Most of Topdanmark's value examination focuses on studying past and present price action to predict the probability of Topdanmark's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topdanmark's price. Additionally, you may evaluate how the addition of Topdanmark to your portfolios can decrease your overall portfolio volatility.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |