Norsk Hydro ASA Price Prediction
NHYDYDelisted Stock | USD 8.01 0.13 1.60% |
Oversold Vs Overbought
57
Oversold | Overbought |
It is a matter of debate whether otc price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Norsk Hydro based on different types of headlines from major news networks to social media. Using Norsk Hydro hype-based prediction, you can estimate the value of Norsk Hydro ASA from the perspective of Norsk Hydro response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in Norsk Hydro. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Norsk Hydro to buy its otc stock at a price that has no basis in reality. In that case, they are not buying Norsk because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell otc stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Norsk Hydro after-hype prediction price | USD 8.01 |
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 otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Norsk |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Norsk Hydro's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Norsk Hydro After-Hype Price Prediction Density Analysis
As far as predicting the price of Norsk Hydro 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 Norsk Hydro 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 OTC Stock prices, such as prices of Norsk Hydro, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Norsk Hydro Estimiated After-Hype Price Volatility
In the context of predicting Norsk Hydro's otc stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Norsk Hydro's historical news coverage. Norsk Hydro's after-hype downside and upside margins for the prediction period are 8.01 and 8.01, respectively. We have considered Norsk Hydro'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
Norsk Hydro is very steady at this time. Analysis and calculation of next after-hype price of Norsk Hydro ASA is based on 3 months time horizon.
Norsk Hydro OTC Stock Price Prediction Analysis
Have you ever been surprised when a price of a OTC Stock such as Norsk Hydro is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Norsk Hydro 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 OTC 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 Norsk Hydro, 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 |
0.00 | 0.00 | 0.00 | 0.00 | 0 Events / Month | 3 Events / Month | Uncertain |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
8.01 | 8.01 | 0.00 |
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Norsk Hydro Hype Timeline
Norsk Hydro ASA is now traded for 8.01. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Norsk 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 now at 0.0%. %. The volatility of related hype on Norsk Hydro is about 0.0%, with the expected price after the next announcement by competition of 8.01. The company has price-to-book ratio of 1.43. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Norsk Hydro ASA has Price/Earnings To Growth (PEG) ratio of 0.53. The entity last dividend was issued on the 21st of September 2022. The firm had 29213:1000 split on the 11th of October 2007. Assuming the 90 days horizon the next forecasted press release will be uncertain. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in unemployment.Norsk Hydro Related Hype Analysis
Having access to credible news sources related to Norsk Hydro's direct competition is more important than ever and may enhance your ability to predict Norsk Hydro's future price movements. Getting to know how Norsk Hydro'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 Norsk Hydro may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
KALU | Kaiser Aluminum | 1.16 | 8 per month | 2.04 | 0.02 | 2.71 | (3.24) | 14.56 | |
CENX | Century Aluminum | (0.51) | 7 per month | 2.71 | 0.14 | 6.41 | (4.60) | 24.39 | |
ACHHY | Aluminum | 0.00 | 0 per month | 3.75 | 0.09 | 11.44 | (7.02) | 22.08 | |
CHHQF | China Hongqiao Group | 0.00 | 0 per month | 0.00 | 0.18 | 3.88 | 0.00 | 47.66 | |
AA | Alcoa Corp | 0.02 | 9 per month | 2.68 | 0.11 | 6.10 | (5.76) | 14.99 | |
CSTM | Constellium Nv | (0.05) | 8 per month | 0.00 | (0.12) | 4.76 | (4.20) | 33.72 |
Norsk Hydro Additional Predictive Modules
Most predictive techniques to examine Norsk price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Norsk using various technical indicators. When you analyze Norsk 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 |
About Norsk Hydro Predictive Indicators
The successful prediction of Norsk Hydro stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Norsk Hydro ASA, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Norsk Hydro based on analysis of Norsk Hydro hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Norsk Hydro's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Norsk Hydro's related companies.
Story Coverage note for Norsk Hydro
The number of cover stories for Norsk Hydro depends on current market conditions and Norsk Hydro's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Norsk Hydro 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 Norsk Hydro'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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Norsk Hydro Short Properties
Norsk Hydro's future price predictability will typically decrease when Norsk Hydro's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Norsk Hydro ASA often depends not only on the future outlook of the potential Norsk Hydro's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Norsk Hydro's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 2.1 B |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Note that the Norsk Hydro ASA information on this page should be used as a complementary analysis to other Norsk Hydro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Consideration for investing in Norsk OTC Stock
If you are still planning to invest in Norsk Hydro ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Norsk Hydro's history and understand the potential risks before investing.
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