Equinor ASA Stock Forecast - Downside Variance
EQNR Stock | USD 28.85 0.51 1.80% |
Equinor Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Equinor ASA stock prices and determine the direction of Equinor ASA ADR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Equinor ASA's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Equinor ASA's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Equinor ASA's systematic risk associated with finding meaningful patterns of Equinor ASA fundamentals over time.
Check out Historical Fundamental Analysis of Equinor ASA to cross-verify your projections. Equinor |
Open Interest Against 2024-06-21 Equinor Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Equinor ASA's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Equinor ASA's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Equinor ASA stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Equinor ASA's open interest, investors have to compare it to Equinor ASA's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Equinor ASA is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Equinor. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Equinor 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 Equinor ASA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Equinor ASA's price structures and extracts relationships that further increase the generated results' accuracy.
Check Equinor ASA Volatility | Backtest Equinor ASA | Information Ratio |
Equinor ASA Trading Date Momentum
On May 28 2024 Equinor ASA ADR was traded for 28.85 at the closing time. The top price for the day was 28.95 and the lowest listed price was 28.64 . The trading volume for the day was 3 M. The trading history from May 28, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.21% . |
Compare Equinor ASA to competition |
Other Forecasting Options for Equinor ASA
For every potential investor in Equinor, whether a beginner or expert, Equinor ASA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Equinor Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Equinor. Basic forecasting techniques help filter out the noise by identifying Equinor ASA's price trends.Equinor 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 Equinor ASA stock to make a market-neutral strategy. Peer analysis of Equinor ASA could also be used in its relative valuation, which is a method of valuing Equinor ASA by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Equinor ASA ADR 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 Equinor 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 Equinor ASA's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Equinor ASA Market Strength Events
Market strength indicators help investors to evaluate how Equinor 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 Equinor ASA shares will generate the highest return on investment. By undertsting and applying Equinor ASA stock market strength indicators, traders can identify Equinor ASA ADR entry and exit signals to maximize returns.
Accumulation Distribution | 32508.67 | |||
Daily Balance Of Power | 1.645161 | |||
Rate Of Daily Change | 1.02 | |||
Day Median Price | 28.8 | |||
Day Typical Price | 28.81 | |||
Price Action Indicator | 0.31 | |||
Period Momentum Indicator | 0.51 |
Equinor ASA Risk Indicators
The analysis of Equinor 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 Equinor ASA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting equinor 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 | 0.9133 | |||
Semi Deviation | 0.8019 | |||
Standard Deviation | 1.14 | |||
Variance | 1.29 | |||
Downside Variance | 1.07 | |||
Semi Variance | 0.6431 | |||
Expected Short fall | (1.08) |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Equinor ASA to cross-verify your projections. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Equinor Stock analysis
When running Equinor ASA's price analysis, check to measure Equinor 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 Equinor ASA is operating at the current time. Most of Equinor ASA's value examination focuses on studying past and present price action to predict the probability of Equinor 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 Equinor ASA's price. Additionally, you may evaluate how the addition of Equinor ASA to your portfolios can decrease your overall portfolio volatility.
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Equity Valuation Check real value of public entities based on technical and fundamental data |
Is Equinor ASA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equinor ASA. If investors know Equinor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equinor ASA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Dividend Share 1.3 | Earnings Share 3.31 | Revenue Per Share 17.259 | Quarterly Revenue Growth (0.14) |
The market value of Equinor ASA ADR is measured differently than its book value, which is the value of Equinor that is recorded on the company's balance sheet. Investors also form their own opinion of Equinor ASA's value that differs from its market value or its book value, called intrinsic value, which is Equinor ASA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equinor ASA's market value can be influenced by many factors that don't directly affect Equinor ASA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equinor ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinor ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinor ASA'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.