Skanska AB Stock Forecast - Rate Of Daily Change

SKA-B Stock  SEK 192.25  1.05  0.55%   
Skanska Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Skanska AB stock prices and determine the direction of Skanska AB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Skanska AB's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Skanska AB to cross-verify your projections.
  
Skanska AB has current Rate Of Daily Change of 1.01.
Most investors in Skanska AB 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 Skanska AB's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Skanska AB's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Skanska AB.
Check Skanska AB VolatilityBacktest Skanska ABInformation Ratio  

Skanska AB Trading Date Momentum

On April 29 2024 Skanska AB was traded for  192.25  at the closing time. The highest price during the trading period was 193.05  and the lowest recorded bid was listed for  190.85 . The volume for the day was 451 K. This history from April 29, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.26% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Skanska AB

For every potential investor in Skanska, whether a beginner or expert, Skanska AB's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Skanska Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Skanska. Basic forecasting techniques help filter out the noise by identifying Skanska AB's price trends.

Skanska AB 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 Skanska AB stock to make a market-neutral strategy. Peer analysis of Skanska AB could also be used in its relative valuation, which is a method of valuing Skanska AB by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Skanska AB 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 Skanska AB'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 Skanska AB's current price.

Skanska AB Market Strength Events

Market strength indicators help investors to evaluate how Skanska AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skanska AB shares will generate the highest return on investment. By undertsting and applying Skanska AB stock market strength indicators, traders can identify Skanska AB entry and exit signals to maximize returns.

Skanska AB Risk Indicators

The analysis of Skanska AB'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 Skanska AB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting skanska 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.
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.

Currently Active Assets on Macroaxis

Check out Historical Fundamental Analysis of Skanska AB to cross-verify your projections.
Note that the Skanska AB information on this page should be used as a complementary analysis to other Skanska AB'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Skanska Stock analysis

When running Skanska AB's price analysis, check to measure Skanska AB'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 Skanska AB is operating at the current time. Most of Skanska AB's value examination focuses on studying past and present price action to predict the probability of Skanska AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skanska AB's price. Additionally, you may evaluate how the addition of Skanska AB to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Skanska AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skanska AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skanska AB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.