Aker ASA Stock Forecast - Accumulation Distribution
| AKER Stock | NOK 615.00 7.00 1.15% |
Aker Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Aker ASA stock prices and determine the direction of Aker ASA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Aker ASA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Aker ASA to cross-verify your projections. Aker |
Most investors in Aker 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 Aker ASA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Aker ASA's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Aker ASA is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Aker ASA to determine if accumulation or reduction is taking place in the market. This value is adjusted by Aker ASA trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 2662.25 | 972.81 |
| Check Aker ASA Volatility | Backtest Aker ASA | Trend Details |
Aker ASA Trading Date Momentum
| On March 22 2024 Aker ASA was traded for 590.16 at the closing time. The highest price during the trading period was 608.50 and the lowest recorded bid was listed for 590.16 . The volume for the day was 24.5 K. This history from March 22, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 0.25% . The overall trading delta to the current price is 4.98% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Aker ASA
For every potential investor in Aker, whether a beginner or expert, Aker ASA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Aker Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Aker. Basic forecasting techniques help filter out the noise by identifying Aker ASA's price trends.Aker 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 Aker ASA stock to make a market-neutral strategy. Peer analysis of Aker ASA could also be used in its relative valuation, which is a method of valuing Aker ASA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Aker 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 Aker 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 Aker ASA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Aker ASA Market Strength Events
Market strength indicators help investors to evaluate how Aker 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 Aker ASA shares will generate the highest return on investment. By undertsting and applying Aker ASA stock market strength indicators, traders can identify Aker ASA entry and exit signals to maximize returns.
Aker ASA Risk Indicators
The analysis of Aker 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 Aker ASA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aker 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 | 0.9382 | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.56 |
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.
Pair Trading with Aker ASA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aker ASA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aker ASA will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Aker ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aker ASA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aker ASA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aker ASA to buy it.
The correlation of Aker ASA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aker ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aker ASA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aker ASA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Aker ASA to cross-verify your projections. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Aker Stock analysis
When running Aker ASA's price analysis, check to measure Aker 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 Aker ASA is operating at the current time. Most of Aker ASA's value examination focuses on studying past and present price action to predict the probability of Aker 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 Aker ASA's price. Additionally, you may evaluate how the addition of Aker ASA to your portfolios can decrease your overall portfolio volatility.
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