DnB ASA Stock Forecast - Daily Balance Of Power
| DNB Stock | NOK 203.40 2.40 1.19% |
DnB Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast DnB ASA stock prices and determine the direction of DnB ASA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of DnB ASA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of DnB ASA to cross-verify your projections. DnB |
Most investors in DnB ASA 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 DnB ASA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets DnB ASA's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of DnB ASA market sensitivity to bulls and bears. It estimates the ability of DnB ASA buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring DnB ASA Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.7826 | 1.043478 |
| Check DnB ASA Volatility | Backtest DnB ASA | Information Ratio |
DnB ASA Trading Date Momentum
| On May 21 2024 DnB ASA was traded for 203.40 at the closing time. The maximum traded price for the trading interval was 203.80 and the lowest daily price was 201.50 . There was no trading activity during the period 0.0. Lack of trading volume on 21st of May 2024 did not affect price variability. The overall trading delta to the closing price today is 0.88% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for DnB ASA
For every potential investor in DnB, whether a beginner or expert, DnB ASA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. DnB Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in DnB. Basic forecasting techniques help filter out the noise by identifying DnB ASA's price trends.DnB ASA 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 DnB ASA stock to make a market-neutral strategy. Peer analysis of DnB ASA could also be used in its relative valuation, which is a method of valuing DnB ASA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
DnB 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 DnB ASA'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 DnB ASA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
DnB ASA Market Strength Events
Market strength indicators help investors to evaluate how DnB ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DnB ASA shares will generate the highest return on investment. By undertsting and applying DnB ASA stock market strength indicators, traders can identify DnB ASA entry and exit signals to maximize returns.
DnB ASA Risk Indicators
The analysis of DnB ASA'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 DnB ASA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dnb 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 | 0.7384 | |||
| Semi Deviation | 0.9162 | |||
| Standard Deviation | 0.9871 | |||
| Variance | 0.9743 | |||
| Downside Variance | 1.13 | |||
| Semi Variance | 0.8394 | |||
| Expected Short fall | (0.78) |
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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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as DnB ASA using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out Historical Fundamental Analysis of DnB ASA to cross-verify your projections. Note that the DnB ASA information on this page should be used as a complementary analysis to other DnB ASA'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for DnB Stock analysis
When running DnB ASA's price analysis, check to measure DnB ASA'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 DnB ASA is operating at the current time. Most of DnB ASA's value examination focuses on studying past and present price action to predict the probability of DnB ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DnB ASA's price. Additionally, you may evaluate how the addition of DnB ASA to your portfolios can decrease your overall portfolio volatility.
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