Norsk Hydro Stock Forecast - Market Facilitation Index
| NOH1 Stock | EUR 5.81 0.12 2.11% |
Norsk Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Norsk Hydro stock prices and determine the direction of Norsk Hydro ASA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Norsk Hydro's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Norsk Hydro to cross-verify your projections. Norsk |
Most investors in Norsk Hydro cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Norsk Hydro's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Norsk Hydro's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Check Norsk Hydro Volatility | Backtest Norsk Hydro | Information Ratio |
Norsk Hydro Trading Date Momentum
| On April 28 2024 Norsk Hydro ASA was traded for 5.81 at the closing time. The maximum traded price for the trading interval was 5.81 and the lowest daily price was 5.81 . There was no trading activity during the period 0.0. Lack of trading volume on 28th of April 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.00% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
| Compare Norsk Hydro to competition |
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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 5.81 | |||
| Day Typical Price | 5.81 | |||
| Price Action Indicator | 0.06 | |||
| Period Momentum Indicator | 0.12 | |||
| Relative Strength Index | 87.77 |
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 | 1.8 | |||
| Semi Deviation | 2.05 | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.39 | |||
| Downside Variance | 4.68 | |||
| Semi Variance | 4.2 | |||
| Expected Short fall | (1.98) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Norsk Hydro to cross-verify your projections. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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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