Tele2 AB Stock Forecast - Day Typical Price
| TEL2-B Stock | SEK 104.65 1.10 1.06% |
Tele2 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Tele2 AB stock prices and determine the direction of Tele2 AB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Tele2 AB's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Tele2 AB to cross-verify your projections. Tele2 |
Most investors in Tele2 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 Tele2 AB's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Tele2 AB's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 104.22 | 104.22 |
| Check Tele2 AB Volatility | Backtest Tele2 AB | Information Ratio |
Tele2 AB Trading Date Momentum
| On April 29 2024 Tele2 AB was traded for 104.65 at the closing time. The highest price during the trading period was 104.95 and the lowest recorded bid was listed for 103.05 . There was no trading activity during the period 0.0. Lack of trading volume on April 29, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.05% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Tele2 AB to competition |
Other Forecasting Options for Tele2 AB
For every potential investor in Tele2, whether a beginner or expert, Tele2 AB's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tele2 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tele2. Basic forecasting techniques help filter out the noise by identifying Tele2 AB's price trends.Tele2 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 Tele2 AB stock to make a market-neutral strategy. Peer analysis of Tele2 AB could also be used in its relative valuation, which is a method of valuing Tele2 AB by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tele2 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 Tele2 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 Tele2 AB's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Tele2 AB Market Strength Events
Market strength indicators help investors to evaluate how Tele2 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 Tele2 AB shares will generate the highest return on investment. By undertsting and applying Tele2 AB stock market strength indicators, traders can identify Tele2 AB entry and exit signals to maximize returns.
Tele2 AB Risk Indicators
The analysis of Tele2 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 Tele2 AB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tele2 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 | 1.14 | |||
| Semi Deviation | 0.8511 | |||
| Standard Deviation | 1.63 | |||
| Variance | 2.64 | |||
| Downside Variance | 1.35 | |||
| Semi Variance | 0.7244 | |||
| Expected Short fall | (1.38) |
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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Check out Historical Fundamental Analysis of Tele2 AB to cross-verify your projections. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Tele2 Stock analysis
When running Tele2 AB's price analysis, check to measure Tele2 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 Tele2 AB is operating at the current time. Most of Tele2 AB's value examination focuses on studying past and present price action to predict the probability of Tele2 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 Tele2 AB's price. Additionally, you may evaluate how the addition of Tele2 AB to your portfolios can decrease your overall portfolio volatility.
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