DNB NOR (Norway) Market Value
| NO0010337629 | 1,117 0.32 0.03% |
| Symbol | DNB |
DNB NOR '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 NOR's fund 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 NOR.
| 06/05/2025 |
| 09/03/2025 |
If you would invest 0.00 in DNB NOR on June 5, 2025 and sell it all today you would earn a total of 0.00 from holding DNB NOR KAPFORV or generate 0.0% return on investment in DNB NOR over 90 days.
DNB NOR 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 NOR's fund 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 NOR KAPFORV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.0668 | |||
| Information Ratio | (0.84) | |||
| Maximum Drawdown | 0.5686 | |||
| Value At Risk | (0.1) | |||
| Potential Upside | 0.1926 |
DNB NOR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DNB NOR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DNB NOR's standard deviation. In reality, there are many statistical measures that can use DNB NOR historical prices to predict the future DNB NOR's volatility.| Risk Adjusted Performance | 0.1372 | |||
| Jensen Alpha | 0.0182 | |||
| Total Risk Alpha | 0.0043 | |||
| Sortino Ratio | (1.17) | |||
| Treynor Ratio | (3.70) |
DNB NOR KAPFORV Backtested Returns
At this point, DNB NOR is very steady. DNB NOR KAPFORV retains Efficiency (Sharpe Ratio) of 0.32, which denotes the fund had a 0.32 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for DNB NOR, which you can use to evaluate the volatility of the entity. Please confirm DNB NOR's Coefficient Of Variation of 335.51, standard deviation of 0.0932, and Market Risk Adjusted Performance of (3.69) to check if the risk estimate we provide is consistent with the expected return of 0.0303%. The fund owns a Beta (Systematic Risk) of -0.0048, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DNB NOR are expected to decrease at a much lower rate. During the bear market, DNB NOR is likely to outperform the market.
Auto-correlation | 0.96 |
Excellent predictability
DNB NOR KAPFORV has excellent predictability. Overlapping area represents the amount of predictability between DNB NOR time series from 5th of June 2025 to 20th of July 2025 and 20th of July 2025 to 3rd of September 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 NOR KAPFORV price movement. The serial correlation of 0.96 indicates that 96.0% of current DNB NOR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.96 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 5.64 |
DNB NOR KAPFORV lagged returns against current returns
Autocorrelation, which is DNB NOR fund'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 NOR's fund expected returns. We can calculate the autocorrelation of DNB NOR returns to help us make a trade decision. For example, suppose you find that DNB NOR has exhibited high autocorrelation historically, and you observe that the fund 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 NOR 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 NOR fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DNB NOR fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DNB NOR fund over time.
Current vs Lagged Prices |
| Timeline |
DNB NOR Lagged Returns
When evaluating DNB NOR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DNB NOR fund have on its future price. DNB NOR 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 NOR autocorrelation shows the relationship between DNB NOR fund current value and its past values and can show if there is a momentum factor associated with investing in DNB NOR KAPFORV.
Regressed Prices |
| Timeline |
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