Equinor Asa Adr Stock Probability of Future Stock Price Finishing Under 17.29
| EQNR Stock | USD 27.12 0.01 0.04% |
Closest to current price Equinor long CALL Option Payoff at Expiration
Equinor |
Equinor ASA Target Price Odds to finish below 17.29
The tendency of Equinor Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 17.29 or more in 90 days |
| 27.12 | 90 days | 17.29 | near 1 |
Based on a normal probability distribution, the odds of Equinor ASA to drop to $ 17.29 or more in 90 days from now is near 1 (This Equinor ASA ADR probability density function shows the probability of Equinor Stock to fall within a particular range of prices over 90 days) . Probability of Equinor ASA ADR price to stay between $ 17.29 and its current price of $27.12 at the end of the 90-day period is about 58.69 .
Given the investment horizon of 90 days Equinor ASA has a beta of 0.39 suggesting as returns on the market go up, Equinor ASA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Equinor ASA ADR will be expected to be much smaller as well. Additionally Equinor ASA ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Equinor ASA Price Density |
| Price |
Predictive Modules for Equinor ASA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Equinor ASA ADR. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Equinor ASA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Equinor ASA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Equinor ASA is not an exception. The market had few large corrections towards the Equinor ASA's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Equinor ASA ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Equinor ASA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.09 | |
β | Beta against NYSE Composite | 0.39 | |
σ | Overall volatility | 1.27 | |
Ir | Information ratio | -0.08 |
Equinor ASA Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Equinor ASA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Equinor ASA ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Equinor ASA ADR generated a negative expected return over the last 90 days | |
| On 27th of February 2024 Equinor ASA paid $ 0.9 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Equinor ASA Notice of annual general meeting 14 May 2024 |
Equinor ASA Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Equinor Stock often depends not only on the future outlook of the current and potential Equinor ASA's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Equinor ASA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3 B | |
| Cash And Short Term Investments | 38.9 B |
Equinor ASA Technical Analysis
Equinor ASA's future price can be derived by breaking down and analyzing its technical indicators over time. Equinor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Equinor ASA ADR. In general, you should focus on analyzing Equinor Stock price patterns and their correlations with different microeconomic environments and drivers.
Equinor ASA Predictive Forecast Models
Equinor ASA's time-series forecasting models is one of many Equinor ASA's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Equinor ASA's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Equinor ASA ADR
Checking the ongoing alerts about Equinor ASA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Equinor ASA ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Equinor ASA ADR generated a negative expected return over the last 90 days | |
| On 27th of February 2024 Equinor ASA paid $ 0.9 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Equinor ASA Notice of annual general meeting 14 May 2024 |
Check out Equinor ASA Backtesting, Equinor ASA Valuation, Equinor ASA Correlation, Equinor ASA Hype Analysis, Equinor ASA Volatility, Equinor ASA History as well as Equinor ASA Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Equinor Stock analysis
When running Equinor ASA's price analysis, check to measure Equinor 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 Equinor ASA is operating at the current time. Most of Equinor ASA's value examination focuses on studying past and present price action to predict the probability of Equinor 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 Equinor ASA's price. Additionally, you may evaluate how the addition of Equinor ASA to your portfolios can decrease your overall portfolio volatility.
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Is Equinor ASA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equinor ASA. If investors know Equinor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equinor ASA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.65) | Dividend Share 1.25 | Earnings Share 3.93 | Revenue Per Share 17.684 | Quarterly Revenue Growth (0.15) |
The market value of Equinor ASA ADR is measured differently than its book value, which is the value of Equinor that is recorded on the company's balance sheet. Investors also form their own opinion of Equinor ASA's value that differs from its market value or its book value, called intrinsic value, which is Equinor ASA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equinor ASA's market value can be influenced by many factors that don't directly affect Equinor ASA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equinor ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinor ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinor ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.