Tekna Holding (Norway) Price Prediction

TEKNA Stock  NOK 3.99  0.16  4.18%   
As of now, the value of RSI of Tekna Holding's share price is approaching 45. This usually implies that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Tekna Holding, making its price go up or down.

Oversold Vs Overbought

45

 
Oversold
 
Overbought
The successful prediction of Tekna Holding's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Tekna Holding AS, which may create opportunities for some arbitrage if properly timed.
Using Tekna Holding hype-based prediction, you can estimate the value of Tekna Holding AS from the perspective of Tekna Holding 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 Tekna Holding to buy its stock at a price that has no basis in reality. In that case, they are not buying Tekna 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.

Tekna Holding after-hype prediction price

    
  NOK 3.99  
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 Tekna Holding Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.173.408.36
Details
Naive
Forecast
LowNextHigh
0.083.848.80
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.143.684.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tekna Holding. Your research has to be compared to or analyzed against Tekna Holding's peers to derive any actionable benefits. When done correctly, Tekna Holding'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 Tekna Holding AS.

Tekna Holding After-Hype Price Prediction Density Analysis

As far as predicting the price of Tekna Holding 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 Tekna Holding 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 Tekna Holding, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Tekna Holding Estimiated After-Hype Price Volatility

In the context of predicting Tekna Holding's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Tekna Holding's historical news coverage. Tekna Holding's after-hype downside and upside margins for the prediction period are 0.20 and 8.95, respectively. We have considered Tekna Holding'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
3.99
3.99
After-hype Price
8.95
Upside
Tekna Holding is risky at this time. Analysis and calculation of next after-hype price of Tekna Holding AS is based on 3 months time horizon.

Tekna Holding Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Tekna Holding is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tekna Holding 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 Tekna Holding, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.25 
4.96
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
3.99
3.99
0.00 
0.00  
Notes

Tekna Holding Hype Timeline

Tekna Holding AS is at this time traded for 3.99on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Tekna is estimated 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 estimated to be very small, whereas the daily expected return is at this time at -0.25%. %. The volatility of related hype on Tekna Holding is about 0.0%, with the expected price after the next announcement by competition of 3.99. About 85.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.74. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Tekna Holding AS recorded a loss per share of 1.07. The entity had not issued any dividends in recent years. Assuming the 90 days trading horizon the next estimated press release will be within a week.
Check out Tekna Holding Basic Forecasting Models to cross-verify your projections.

Tekna Holding Related Hype Analysis

Having access to credible news sources related to Tekna Holding's direct competition is more important than ever and may enhance your ability to predict Tekna Holding's future price movements. Getting to know how Tekna Holding'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 Tekna Holding may potentially react to the hype associated with one of its peers.

Tekna Holding Additional Predictive Modules

Most predictive techniques to examine Tekna price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Tekna using various technical indicators. When you analyze Tekna 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 Tekna Holding Predictive Indicators

The successful prediction of Tekna Holding 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 Tekna Holding AS, 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 Tekna Holding based on analysis of Tekna Holding hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Tekna Holding's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Tekna Holding's related companies.

Story Coverage note for Tekna Holding

The number of cover stories for Tekna Holding depends on current market conditions and Tekna Holding's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Tekna Holding 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 Tekna Holding'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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Tekna Holding Short Properties

Tekna Holding's future price predictability will typically decrease when Tekna Holding's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Tekna Holding AS often depends not only on the future outlook of the potential Tekna Holding'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. Tekna Holding's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding125.2 M
Cash And Short Term Investments38.6 M

Other Information on Investing in Tekna Stock

Tekna Holding financial ratios help investors to determine whether Tekna 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 Tekna with respect to the benefits of owning Tekna Holding security.