Romsdal Sparebank (Norway) Price Prediction

ROMSB Stock  NOK 130.30  0.80  0.62%   
As of now, The value of RSI of Romsdal Sparebank's share price is at 59 indicating 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 Romsdal Sparebank, making its price go up or down.

Momentum 59

 Buy Extended

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

Romsdal Sparebank after-hype prediction price

    
  NOK 130.3  
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 Romsdal Sparebank Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
126.96127.98143.33
Details
Naive
Forecast
LowNextHigh
129.92130.94131.96
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
124.76127.24129.72
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Romsdal Sparebank. Your research has to be compared to or analyzed against Romsdal Sparebank's peers to derive any actionable benefits. When done correctly, Romsdal Sparebank'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 Romsdal Sparebank.

Romsdal Sparebank After-Hype Price Prediction Density Analysis

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

Romsdal Sparebank Estimiated After-Hype Price Volatility

In the context of predicting Romsdal Sparebank's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Romsdal Sparebank's historical news coverage. Romsdal Sparebank's after-hype downside and upside margins for the prediction period are 129.28 and 131.32, respectively. We have considered Romsdal Sparebank'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
130.30
129.28
Downside
130.30
After-hype Price
131.32
Upside
Romsdal Sparebank is very steady at this time. Analysis and calculation of next after-hype price of Romsdal Sparebank is based on 3 months time horizon.

Romsdal Sparebank Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Romsdal Sparebank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Romsdal Sparebank 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 Romsdal Sparebank, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.08 
1.01
 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
130.30
130.30
0.00 
0.00  
Notes

Romsdal Sparebank Hype Timeline

Romsdal Sparebank is at this time traded for 130.30on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Romsdal 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 0.08%. %. The volatility of related hype on Romsdal Sparebank is about 0.0%, with the expected price after the next announcement by competition of 130.30. About 38.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.31. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Romsdal Sparebank recorded earning per share (EPS) of 9.32. The entity last dividend was issued on the 31st of March 2022. Assuming the 90 days trading horizon the next estimated press release will be within a week.
Check out Romsdal Sparebank Basic Forecasting Models to cross-verify your projections.

Romsdal Sparebank Related Hype Analysis

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

Romsdal Sparebank Additional Predictive Modules

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

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

Story Coverage note for Romsdal Sparebank

The number of cover stories for Romsdal Sparebank depends on current market conditions and Romsdal Sparebank's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Romsdal Sparebank 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 Romsdal Sparebank's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Romsdal Sparebank Short Properties

Romsdal Sparebank's future price predictability will typically decrease when Romsdal Sparebank's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Romsdal Sparebank often depends not only on the future outlook of the potential Romsdal Sparebank'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. Romsdal Sparebank's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares OutstandingM

Other Information on Investing in Romsdal Stock

Romsdal Sparebank financial ratios help investors to determine whether Romsdal 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 Romsdal with respect to the benefits of owning Romsdal Sparebank security.