Entra ASA Stock Forecast - Accumulation Distribution
| ENTRA Stock | NOK 112.00 1.00 0.90% |
Entra Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Entra ASA stock prices and determine the direction of Entra ASA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Entra ASA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Entra ASA to cross-verify your projections. Entra |
Most investors in Entra 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 Entra ASA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Entra 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 Entra ASA is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Entra ASA to determine if accumulation or reduction is taking place in the market. This value is adjusted by Entra ASA trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 1213.47 | 437.25 |
| Check Entra ASA Volatility | Backtest Entra ASA | Trend Details |
Entra ASA Trading Date Momentum
| On February 22 2024 Entra ASA was traded for 107.40 at the closing time. The highest price during the trading period was 107.80 and the lowest recorded bid was listed for 106.20 . The volume for the day was 43.9 K. This history from February 22, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.09% . The overall trading delta to the current price is 1.40% . |
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
| Compare Entra ASA to competition |
Other Forecasting Options for Entra ASA
For every potential investor in Entra, whether a beginner or expert, Entra ASA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Entra Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Entra. Basic forecasting techniques help filter out the noise by identifying Entra ASA's price trends.Entra 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 Entra ASA stock to make a market-neutral strategy. Peer analysis of Entra ASA could also be used in its relative valuation, which is a method of valuing Entra ASA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Entra 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 Entra 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 Entra ASA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Entra ASA Market Strength Events
Market strength indicators help investors to evaluate how Entra 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 Entra ASA shares will generate the highest return on investment. By undertsting and applying Entra ASA stock market strength indicators, traders can identify Entra ASA entry and exit signals to maximize returns.
Entra ASA Risk Indicators
The analysis of Entra 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 Entra ASA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting entra 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 | 1.18 | |||
| Semi Deviation | 1.68 | |||
| Standard Deviation | 1.6 | |||
| Variance | 2.55 | |||
| Downside Variance | 3.45 | |||
| Semi Variance | 2.81 | |||
| Expected Short fall | (1.17) |
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.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Entra 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
Align your risk with return expectations
Check out Historical Fundamental Analysis of Entra ASA to cross-verify your projections. Note that the Entra ASA information on this page should be used as a complementary analysis to other Entra 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Entra Stock analysis
When running Entra ASA's price analysis, check to measure Entra 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 Entra ASA is operating at the current time. Most of Entra ASA's value examination focuses on studying past and present price action to predict the probability of Entra 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 Entra ASA's price. Additionally, you may evaluate how the addition of Entra ASA to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |