Sparebank Stock Forecast - Rate Of Daily Change
| NONG Stock | NOK 101.26 0.52 0.52% |
Sparebank Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sparebank stock prices and determine the direction of Sparebank 1 Nord Norge's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sparebank's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Sparebank to cross-verify your projections. Sparebank |
Most investors in Sparebank 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 Sparebank's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sparebank'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 Sparebank.| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 1.01 | 1.01 |
| Check Sparebank Volatility | Backtest Sparebank | Information Ratio |
Sparebank Trading Date Momentum
| On May 05 2024 Sparebank 1 Nord Norge was traded for 101.26 at the closing time. The highest price during the trading period was 101.64 and the lowest recorded bid was listed for 100.24 . There was no trading activity during the period 0.0. Lack of trading volume on May 5, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.01% . |
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 Sparebank
For every potential investor in Sparebank, whether a beginner or expert, Sparebank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sparebank Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sparebank. Basic forecasting techniques help filter out the noise by identifying Sparebank's price trends.Sparebank 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 Sparebank stock to make a market-neutral strategy. Peer analysis of Sparebank could also be used in its relative valuation, which is a method of valuing Sparebank by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sparebank 1 Nord 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 Sparebank'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 Sparebank's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sparebank Market Strength Events
Market strength indicators help investors to evaluate how Sparebank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sparebank shares will generate the highest return on investment. By undertsting and applying Sparebank stock market strength indicators, traders can identify Sparebank 1 Nord Norge entry and exit signals to maximize returns.
Sparebank Risk Indicators
The analysis of Sparebank'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 Sparebank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sparebank 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 | 0.912 | |||
| Semi Deviation | 1.61 | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.96 | |||
| Downside Variance | 3.13 | |||
| Semi Variance | 2.58 | |||
| Expected Short fall | (0.98) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sparebank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sparebank's short interest history, or implied volatility extrapolated from Sparebank options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Sparebank to cross-verify your projections. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Sparebank Stock analysis
When running Sparebank's price analysis, check to measure Sparebank'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 Sparebank is operating at the current time. Most of Sparebank's value examination focuses on studying past and present price action to predict the probability of Sparebank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparebank's price. Additionally, you may evaluate how the addition of Sparebank to your portfolios can decrease your overall portfolio volatility.
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