KLP AksjeNorge Fund Forecast - Rate Of Daily Change
| 0P0000HNUP | 3,779 0.00 0.00% |
KLP |
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KLP AksjeNorge Trading Date Momentum
| On December 13 2024 KLP AksjeNorge Indeks was traded for 3,834 at the closing time. The highest price during the trading period was 3,834 and the lowest recorded bid was listed for 3,834 . There was no trading activity during the period 1.0. Lack of trading volume on December 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.19% . The trading delta at closing time to the current price is 2.14% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
Compare KLP AksjeNorge to competition
KLP AksjeNorge 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 KLP AksjeNorge fund to make a market-neutral strategy. Peer analysis of KLP AksjeNorge could also be used in its relative valuation, which is a method of valuing KLP AksjeNorge by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
KLP AksjeNorge Market Strength Events
Market strength indicators help investors to evaluate how KLP AksjeNorge fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KLP AksjeNorge shares will generate the highest return on investment. By undertsting and applying KLP AksjeNorge fund market strength indicators, traders can identify KLP AksjeNorge Indeks entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 3778.72 | |||
| Day Typical Price | 3778.72 |
KLP AksjeNorge Risk Indicators
The analysis of KLP AksjeNorge'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 KLP AksjeNorge's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting klp fund 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 | 0.5249 | |||
| Semi Deviation | 0.6694 | |||
| Standard Deviation | 0.681 | |||
| Variance | 0.4638 | |||
| Downside Variance | 0.5559 | |||
| Semi Variance | 0.4481 | |||
| Expected Short fall | (0.52) |
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.
Pair Trading with KLP AksjeNorge
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KLP AksjeNorge position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KLP AksjeNorge will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to KLP AksjeNorge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KLP AksjeNorge when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KLP AksjeNorge - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KLP AksjeNorge Indeks to buy it.
The correlation of KLP AksjeNorge is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KLP AksjeNorge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KLP AksjeNorge Indeks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KLP AksjeNorge can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |