Norsk Hydro (Germany) Price Prediction

NOHA Stock  EUR 5.70  0.20  3.39%   
As of 30th of November 2024, The value of RSI of Norsk Hydro's share price is at 55. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Norsk Hydro, making its price go up or down.

Oversold Vs Overbought

55

 
Oversold
 
Overbought
The successful prediction of Norsk Hydro's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Norsk Hydro and does not consider all of the tangible or intangible factors available from Norsk Hydro's fundamental data. We analyze noise-free headlines and recent hype associated with Norsk Hydro ASA, which may create opportunities for some arbitrage if properly timed.
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.
The fear of missing out, i.e., FOMO, can cause potential investors in Norsk Hydro to buy its 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 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

    
  EUR 5.7  
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Norsk Hydro Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
1.784.777.76
Details
Naive
Forecast
LowNextHigh
2.695.688.67
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.665.916.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Norsk Hydro. Your research has to be compared to or analyzed against Norsk Hydro's peers to derive any actionable benefits. When done correctly, Norsk Hydro's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Norsk Hydro ASA.

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 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 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 2.71 and 8.69, 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
5.70
5.70
After-hype Price
8.69
Upside
Norsk Hydro is slightly risky at this time. Analysis and calculation of next after-hype price of Norsk Hydro ASA is based on 3 months time horizon.

Norsk Hydro Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company 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 Stock 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 ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.27 
2.99
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
5.70
5.70
0.00 
0.00  
Notes

Norsk Hydro Hype Timeline

Norsk Hydro ASA is now traded for 5.70on Frankfurt Exchange of Germany. 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 0.27%. %. The volatility of related hype on Norsk Hydro is about 0.0%, with the expected price after the next announcement by competition of 5.70. The company has price-to-book ratio of 1.51. 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 0.52. The entity last dividend was issued on the 21st of September 2022. Assuming the 90 days trading horizon the next forecasted press release will be uncertain.
Check out Norsk Hydro Basic Forecasting Models to cross-verify your projections.

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.

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.

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.

Other Macroaxis Stories

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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 OutstandingB

Complementary Tools for Norsk Stock analysis

When running Norsk Hydro's price analysis, check to measure Norsk Hydro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Norsk Hydro is operating at the current time. Most of Norsk Hydro's value examination focuses on studying past and present price action to predict the probability of Norsk Hydro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norsk Hydro's price. Additionally, you may evaluate how the addition of Norsk Hydro to your portfolios can decrease your overall portfolio volatility.
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