Norsk Hydro Stock Forecast - Day Typical Price
| NHY Stock | NOK 68.30 0.10 0.15% |
Norsk Stock Forecast is based on your current time horizon.
Norsk |
| Previous Day Typical Price | Day Typical Price | Trend |
| 69.22 | 68.41 |
| Check Norsk Hydro Volatility | Backtest Norsk Hydro | Trend Details |
Norsk Hydro Trading Date Momentum
| On November 29 2024 Norsk Hydro ASA was traded for 68.30 at the closing time. The maximum traded price for the trading interval was 69.08 and the lowest daily price was 67.90 . The daily volume was recorded at 3.8 M. The volume of trading on 29th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.15% . The trading delta at closing time to the closing price today is 0.56% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Norsk Hydro
For every potential investor in Norsk, whether a beginner or expert, Norsk Hydro's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Norsk Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Norsk. Basic forecasting techniques help filter out the noise by identifying Norsk Hydro's price trends.Norsk Hydro 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 Norsk Hydro stock to make a market-neutral strategy. Peer analysis of Norsk Hydro could also be used in its relative valuation, which is a method of valuing Norsk Hydro by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Norsk Hydro 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 Norsk Hydro'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 Norsk Hydro's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Norsk Hydro Market Strength Events
Market strength indicators help investors to evaluate how Norsk Hydro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Norsk Hydro shares will generate the highest return on investment. By undertsting and applying Norsk Hydro stock market strength indicators, traders can identify Norsk Hydro ASA entry and exit signals to maximize returns.
Norsk Hydro Risk Indicators
The analysis of Norsk Hydro'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 Norsk Hydro's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting norsk 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 | 1.67 | |||
| Semi Deviation | 1.74 | |||
| Standard Deviation | 2.25 | |||
| Variance | 5.08 | |||
| Downside Variance | 4.18 | |||
| Semi Variance | 3.03 | |||
| Expected Short fall | (1.84) |
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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Norsk Hydro financial ratios help investors to determine whether Norsk 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 Norsk with respect to the benefits of owning Norsk Hydro security.