Nostrum Oil Stock Forecast - Relative Strength Index
| NOG Stock | 5.21 0.31 5.62% |
Nostrum Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nostrum Oil stock prices and determine the direction of Nostrum Oil Gas's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nostrum Oil's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Nostrum Oil's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Nostrum Oil's systematic risk associated with finding meaningful patterns of Nostrum Oil fundamentals over time.
Check out Historical Fundamental Analysis of Nostrum Oil to cross-verify your projections. Nostrum |
Most investors in Nostrum Oil 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 Nostrum Oil's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Nostrum Oil's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Nostrum Oil Volatility | Backtest Nostrum Oil | Information Ratio |
Nostrum Oil Trading Date Momentum
| On May 16 2024 Nostrum Oil Gas was traded for 5.21 at the closing time. The highest price during the trading period was 5.74 and the lowest recorded bid was listed for 5.20 . The volume for the day was 242.2 K. This history from May 16, 2024 did not cause price change. The trading delta at closing time to the current price is 0.19% . |
| Compare Nostrum Oil to competition |
Other Forecasting Options for Nostrum Oil
For every potential investor in Nostrum, whether a beginner or expert, Nostrum Oil's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nostrum Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nostrum. Basic forecasting techniques help filter out the noise by identifying Nostrum Oil's price trends.Nostrum Oil 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 Nostrum Oil stock to make a market-neutral strategy. Peer analysis of Nostrum Oil could also be used in its relative valuation, which is a method of valuing Nostrum Oil by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nostrum Oil Gas 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 Nostrum Oil'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 Nostrum Oil's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Nostrum Oil Market Strength Events
Market strength indicators help investors to evaluate how Nostrum Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nostrum Oil shares will generate the highest return on investment. By undertsting and applying Nostrum Oil stock market strength indicators, traders can identify Nostrum Oil Gas entry and exit signals to maximize returns.
| Accumulation Distribution | 22786.49 | |||
| Daily Balance Of Power | (0.57) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 5.47 | |||
| Day Typical Price | 5.38 | |||
| Price Action Indicator | (0.41) | |||
| Period Momentum Indicator | (0.31) |
Nostrum Oil Risk Indicators
The analysis of Nostrum Oil'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 Nostrum Oil's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nostrum 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 | 2.4 | |||
| Standard Deviation | 3.29 | |||
| Variance | 10.81 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| C | Citigroup | |
| CRM | Salesforce | |
| MSFT | Microsoft |
Check out Historical Fundamental Analysis of Nostrum Oil to cross-verify your projections. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Nostrum Stock analysis
When running Nostrum Oil's price analysis, check to measure Nostrum Oil'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 Nostrum Oil is operating at the current time. Most of Nostrum Oil's value examination focuses on studying past and present price action to predict the probability of Nostrum Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nostrum Oil's price. Additionally, you may evaluate how the addition of Nostrum Oil to your portfolios can decrease your overall portfolio volatility.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |