Nordic Mining Stock Forecast - Period Momentum Indicator
| NOM Stock | NOK 25.39 0.10 0.39% |
Nordic Stock Forecast is based on your current time horizon.
Nordic |
| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (0.10) | (0.10) |
| Check Nordic Mining Volatility | Backtest Nordic Mining | Information Ratio |
Nordic Mining Trading Date Momentum
| On November 28 2024 Nordic Mining ASA was traded for 25.39 at the closing time. The maximum traded price for the trading interval was 25.67 and the lowest daily price was 25.12 . There was no trading activity during the period 0.0. Lack of trading volume on 28th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.39% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Nordic Mining to competition |
Other Forecasting Options for Nordic Mining
For every potential investor in Nordic, whether a beginner or expert, Nordic Mining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nordic Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nordic. Basic forecasting techniques help filter out the noise by identifying Nordic Mining's price trends.Nordic Mining 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 Nordic Mining stock to make a market-neutral strategy. Peer analysis of Nordic Mining could also be used in its relative valuation, which is a method of valuing Nordic Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nordic Mining ASA Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Nordic Mining's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Nordic Mining's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Nordic Mining Market Strength Events
Market strength indicators help investors to evaluate how Nordic Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nordic Mining shares will generate the highest return on investment. By undertsting and applying Nordic Mining stock market strength indicators, traders can identify Nordic Mining ASA entry and exit signals to maximize returns.
Nordic Mining Risk Indicators
The analysis of Nordic Mining'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 Nordic Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nordic 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 | 1.57 | |||
| Semi Deviation | 1.96 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.45 | |||
| Downside Variance | 5.05 | |||
| Semi Variance | 3.83 | |||
| Expected Short fall | (1.50) |
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.
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Nordic Mining financial ratios help investors to determine whether Nordic 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 Nordic with respect to the benefits of owning Nordic Mining security.