Storebrand ASA Stock Forecast - Price Action Indicator
| STB Stock | NOK 111.40 0.50 0.45% |
Storebrand Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Storebrand ASA stock prices and determine the direction of Storebrand ASA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Storebrand ASA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Storebrand ASA to cross-verify your projections. Storebrand |
Most investors in Storebrand 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 Storebrand ASA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Storebrand ASA's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Check Storebrand ASA Volatility | Backtest Storebrand ASA | Information Ratio |
Storebrand ASA Trading Date Momentum
| On May 21 2024 Storebrand ASA was traded for 111.40 at the closing time. The maximum traded price for the trading interval was 111.40 and the lowest daily price was 110.80 . There was no trading activity during the period 0.0. Lack of trading volume on 21st of May 2024 did not result in any price rise and fall. The trading price change to the closing price today is 0.45% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Storebrand ASA to competition |
Other Forecasting Options for Storebrand ASA
For every potential investor in Storebrand, whether a beginner or expert, Storebrand ASA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Storebrand Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Storebrand. Basic forecasting techniques help filter out the noise by identifying Storebrand ASA's price trends.Storebrand 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 Storebrand ASA stock to make a market-neutral strategy. Peer analysis of Storebrand ASA could also be used in its relative valuation, which is a method of valuing Storebrand ASA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Storebrand 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 Storebrand 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 Storebrand ASA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Storebrand ASA Market Strength Events
Market strength indicators help investors to evaluate how Storebrand 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 Storebrand ASA shares will generate the highest return on investment. By undertsting and applying Storebrand ASA stock market strength indicators, traders can identify Storebrand ASA entry and exit signals to maximize returns.
Storebrand ASA Risk Indicators
The analysis of Storebrand 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 Storebrand ASA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting storebrand 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 | 0.8941 | |||
| Standard Deviation | 1.65 | |||
| Variance | 2.71 |
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 Storebrand 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 Storebrand ASA to cross-verify your projections. Note that the Storebrand ASA information on this page should be used as a complementary analysis to other Storebrand 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Storebrand Stock analysis
When running Storebrand ASA's price analysis, check to measure Storebrand 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 Storebrand ASA is operating at the current time. Most of Storebrand ASA's value examination focuses on studying past and present price action to predict the probability of Storebrand 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 Storebrand ASA's price. Additionally, you may evaluate how the addition of Storebrand ASA to your portfolios can decrease your overall portfolio volatility.
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