Ringkjoebing Landbobank Stock Forward View
| RILBA Stock | DKK 1,584 23.00 1.43% |
Ringkjoebing Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Ringkjoebing Landbobank stock prices and determine the direction of Ringkjoebing Landbobank AS's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ringkjoebing Landbobank's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of today, The value of RSI of Ringkjoebing Landbobank's share price is at 57 indicating that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Ringkjoebing Landbobank, making its price go up or down. Momentum 57
Buy Extended
Oversold | Overbought |
Using Ringkjoebing Landbobank hype-based prediction, you can estimate the value of Ringkjoebing Landbobank AS from the perspective of Ringkjoebing Landbobank response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Ringkjoebing Landbobank AS on the next trading day is expected to be 1,610 with a mean absolute deviation of 12.96 and the sum of the absolute errors of 790.78. Ringkjoebing Landbobank after-hype prediction price | DKK 1584.0 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Ringkjoebing |
Ringkjoebing Landbobank Additional Predictive Modules
Most predictive techniques to examine Ringkjoebing price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ringkjoebing using various technical indicators. When you analyze Ringkjoebing charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Ringkjoebing Landbobank Naive Prediction Price Forecast For the 30th of January
Given 90 days horizon, the Naive Prediction forecasted value of Ringkjoebing Landbobank AS on the next trading day is expected to be 1,610 with a mean absolute deviation of 12.96, mean absolute percentage error of 268.58, and the sum of the absolute errors of 790.78.Please note that although there have been many attempts to predict Ringkjoebing Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Ringkjoebing Landbobank's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Ringkjoebing Landbobank Stock Forecast Pattern
| Backtest Ringkjoebing Landbobank | Ringkjoebing Landbobank Price Prediction | Buy or Sell Advice |
Ringkjoebing Landbobank Forecasted Value
In the context of forecasting Ringkjoebing Landbobank's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Ringkjoebing Landbobank's downside and upside margins for the forecasting period are 1,608 and 1,611, respectively. We have considered Ringkjoebing Landbobank's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Ringkjoebing Landbobank stock data series using in forecasting. Note that when a statistical model is used to represent Ringkjoebing Landbobank stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 123.7036 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 12.9637 |
| MAPE | Mean absolute percentage error | 0.0087 |
| SAE | Sum of the absolute errors | 790.7843 |
Predictive Modules for Ringkjoebing Landbobank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ringkjoebing Landbobank. 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.Ringkjoebing Landbobank After-Hype Price Density Analysis
As far as predicting the price of Ringkjoebing Landbobank at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Ringkjoebing Landbobank or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Ringkjoebing Landbobank, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Ringkjoebing Landbobank Estimiated After-Hype Price Volatility
In the context of predicting Ringkjoebing Landbobank's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ringkjoebing Landbobank's historical news coverage. Ringkjoebing Landbobank's after-hype downside and upside margins for the prediction period are 1,583 and 1,585, respectively. We have considered Ringkjoebing Landbobank's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Ringkjoebing Landbobank is very steady at this time. Analysis and calculation of next after-hype price of Ringkjoebing Landbobank is based on 3 months time horizon.
Ringkjoebing Landbobank Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Ringkjoebing Landbobank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ringkjoebing Landbobank backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Ringkjoebing Landbobank, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.14 | 1.08 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
1,584 | 1,584 | 0.00 |
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Ringkjoebing Landbobank Hype Timeline
Ringkjoebing Landbobank is at this time traded for 1,584on Copenhagen Exchange of Denmark. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Ringkjoebing is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.14%. %. The volatility of related hype on Ringkjoebing Landbobank is about 0.0%, with the expected price after the next announcement by competition of 1,584. About 35.0% of the company shares are owned by institutional investors. The book value of Ringkjoebing Landbobank was at this time reported as 337.4. The company has Price/Earnings To Growth (PEG) ratio of 1.76. Ringkjoebing Landbobank recorded earning per share (EPS) of 53.4. The entity last dividend was issued on the 2nd of March 2023. The firm had 5:1 split on the 24th of May 2017. Assuming the 90 days trading horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Ringkjoebing Landbobank to cross-verify your projections.Ringkjoebing Landbobank Related Hype Analysis
Having access to credible news sources related to Ringkjoebing Landbobank's direct competition is more important than ever and may enhance your ability to predict Ringkjoebing Landbobank's future price movements. Getting to know how Ringkjoebing Landbobank's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Ringkjoebing Landbobank may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| JYSK | Jyske Bank AS | 0.00 | 0 per month | 0.82 | 0.18 | 1.78 | (1.62) | 8.99 | |
| ALMB | Alm Brand | 0.00 | 0 per month | 0.00 | (0.11) | 1.55 | (2.42) | 6.42 | |
| DAB | Danske Andelskassers Bank | 0.00 | 0 per month | 1.69 | 0.12 | 3.81 | (3.16) | 9.03 | |
| LASP | Laan Spar Bank | 0.00 | 0 per month | 3.54 | 0.12 | 7.46 | (4.91) | 31.51 | |
| SPKSJF | Sparekassen Sjaelland Fyn AS | 0.00 | 0 per month | 1.32 | 0.07 | 2.10 | (1.87) | 6.29 | |
| SKJE | Skjern Bank AS | 0.00 | 0 per month | 0.82 | 0.24 | 3.13 | (1.75) | 6.48 | |
| FYNBK | Fynske Bank AS | 0.00 | 0 per month | 1.13 | 0.16 | 4.59 | (2.11) | 8.56 |
Other Forecasting Options for Ringkjoebing Landbobank
For every potential investor in Ringkjoebing, whether a beginner or expert, Ringkjoebing Landbobank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ringkjoebing Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ringkjoebing. Basic forecasting techniques help filter out the noise by identifying Ringkjoebing Landbobank's price trends.Ringkjoebing Landbobank Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ringkjoebing Landbobank stock to make a market-neutral strategy. Peer analysis of Ringkjoebing Landbobank could also be used in its relative valuation, which is a method of valuing Ringkjoebing Landbobank by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ringkjoebing Landbobank Market Strength Events
Market strength indicators help investors to evaluate how Ringkjoebing Landbobank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ringkjoebing Landbobank shares will generate the highest return on investment. By undertsting and applying Ringkjoebing Landbobank stock market strength indicators, traders can identify Ringkjoebing Landbobank AS entry and exit signals to maximize returns.
| Accumulation Distribution | 589.66 | |||
| Daily Balance Of Power | (0.52) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 1605.0 | |||
| Day Typical Price | 1598.0 | |||
| Market Facilitation Index | 0.002 | |||
| Price Action Indicator | (32.50) | |||
| Period Momentum Indicator | (23.00) | |||
| Relative Strength Index | 57.71 |
Ringkjoebing Landbobank Risk Indicators
The analysis of Ringkjoebing Landbobank's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ringkjoebing Landbobank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ringkjoebing stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8515 | |||
| Semi Deviation | 0.9276 | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.17 | |||
| Downside Variance | 1.32 | |||
| Semi Variance | 0.8604 | |||
| Expected Short fall | (0.89) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Ringkjoebing Landbobank
The number of cover stories for Ringkjoebing Landbobank depends on current market conditions and Ringkjoebing Landbobank's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Ringkjoebing Landbobank is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Ringkjoebing Landbobank's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in Ringkjoebing Stock
Ringkjoebing Landbobank financial ratios help investors to determine whether Ringkjoebing 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 Ringkjoebing with respect to the benefits of owning Ringkjoebing Landbobank security.