Arendals Fossekompani Stock Forecast - Daily Balance Of Power
| AFK Stock | NOK 140.40 0.20 0.14% |
Arendals Stock Forecast is based on your current time horizon.
Arendals |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.36) | 0.8763 |
| Check Arendals Fossekompani Volatility | Backtest Arendals Fossekompani | Trend Details |
Arendals Fossekompani Trading Date Momentum
| On December 04 2023 Arendals Fossekompani ASA was traded for 159.66 at the closing time. The maximum traded price for the trading interval was 160.05 and the lowest daily price was 151.26 . The daily volume was recorded at 57.1 K. The volume of trading on 4th of December 2023 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 5.55% . The overall trading delta to the closing price today is 4.91% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Arendals Fossekompani
For every potential investor in Arendals, whether a beginner or expert, Arendals Fossekompani's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Arendals Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Arendals. Basic forecasting techniques help filter out the noise by identifying Arendals Fossekompani's price trends.Arendals Fossekompani 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 Arendals Fossekompani stock to make a market-neutral strategy. Peer analysis of Arendals Fossekompani could also be used in its relative valuation, which is a method of valuing Arendals Fossekompani by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Arendals Fossekompani 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 Arendals Fossekompani'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 Arendals Fossekompani's current price.| Cycle Indicators | ||
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| Volume Indicators |
Arendals Fossekompani Market Strength Events
Market strength indicators help investors to evaluate how Arendals Fossekompani stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arendals Fossekompani shares will generate the highest return on investment. By undertsting and applying Arendals Fossekompani stock market strength indicators, traders can identify Arendals Fossekompani ASA entry and exit signals to maximize returns.
Arendals Fossekompani Risk Indicators
The analysis of Arendals Fossekompani'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 Arendals Fossekompani's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting arendals 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 | 1.38 | |||
| Standard Deviation | 1.95 | |||
| Variance | 3.79 |
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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Arendals Fossekompani financial ratios help investors to determine whether Arendals 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 Arendals with respect to the benefits of owning Arendals Fossekompani security.