Gjensidige Forsikring (Norway) Price Prediction

GJF Stock  NOK 191.10  3.70  1.90%   
The value of RSI of Gjensidige Forsikring's the stock price is about 64. This usually indicates that the stock is rather overbought by investors as of now. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Gjensidige, making its price go up or down.

Oversold Vs Overbought

64

 
Oversold
 
Overbought
The successful prediction of Gjensidige Forsikring's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Gjensidige Forsikring and does not consider all of the tangible or intangible factors available from Gjensidige Forsikring's fundamental data. We analyze noise-free headlines and recent hype associated with Gjensidige Forsikring ASA, which may create opportunities for some arbitrage if properly timed.
Using Gjensidige Forsikring hype-based prediction, you can estimate the value of Gjensidige Forsikring ASA from the perspective of Gjensidige Forsikring response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Gjensidige Forsikring to buy its stock at a price that has no basis in reality. In that case, they are not buying Gjensidige because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Gjensidige Forsikring after-hype prediction price

    
  NOK 191.1  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Gjensidige Forsikring Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gjensidige Forsikring'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.
Intrinsic
Valuation
LowRealHigh
171.99216.32217.49
Details
Naive
Forecast
LowNextHigh
196.44197.62198.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
178.73187.33195.94
Details

Gjensidige Forsikring After-Hype Price Prediction Density Analysis

As far as predicting the price of Gjensidige Forsikring at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Gjensidige Forsikring or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Gjensidige Forsikring, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Gjensidige Forsikring Estimiated After-Hype Price Volatility

In the context of predicting Gjensidige Forsikring's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Gjensidige Forsikring's historical news coverage. Gjensidige Forsikring's after-hype downside and upside margins for the prediction period are 189.93 and 192.27, respectively. We have considered Gjensidige Forsikring's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
191.10
189.93
Downside
191.10
After-hype Price
192.27
Upside
Gjensidige Forsikring is very steady at this time. Analysis and calculation of next after-hype price of Gjensidige Forsikring ASA is based on 3 months time horizon.

Gjensidige Forsikring Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Gjensidige Forsikring is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gjensidige Forsikring backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Gjensidige Forsikring, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.35 
1.17
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
191.10
191.10
0.00 
0.00  
Notes

Gjensidige Forsikring Hype Timeline

Gjensidige Forsikring ASA is currently traded for 191.10on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Gjensidige is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.35%. %. The volatility of related hype on Gjensidige Forsikring is about 0.0%, with the expected price after the next announcement by competition of 191.10. About 62.0% of the company shares are held by company insiders. The book value of Gjensidige Forsikring was currently reported as 51.18. The company recorded earning per share (EPS) of 11.37. Gjensidige Forsikring ASA last dividend was issued on the 24th of March 2023. Assuming the 90 days trading horizon the next forecasted press release will be in a few days.
Check out Gjensidige Forsikring Basic Forecasting Models to cross-verify your projections.

Gjensidige Forsikring Related Hype Analysis

Having access to credible news sources related to Gjensidige Forsikring's direct competition is more important than ever and may enhance your ability to predict Gjensidige Forsikring's future price movements. Getting to know how Gjensidige Forsikring's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Gjensidige Forsikring may potentially react to the hype associated with one of its peers.

Gjensidige Forsikring Additional Predictive Modules

Most predictive techniques to examine Gjensidige price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Gjensidige using various technical indicators. When you analyze Gjensidige charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Gjensidige Forsikring Predictive Indicators

The successful prediction of Gjensidige Forsikring stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Gjensidige Forsikring ASA, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Gjensidige Forsikring based on analysis of Gjensidige Forsikring hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Gjensidige Forsikring's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Gjensidige Forsikring's related companies.

Story Coverage note for Gjensidige Forsikring

The number of cover stories for Gjensidige Forsikring depends on current market conditions and Gjensidige Forsikring's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Gjensidige Forsikring is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Gjensidige Forsikring's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Gjensidige Forsikring Short Properties

Gjensidige Forsikring's future price predictability will typically decrease when Gjensidige Forsikring's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Gjensidige Forsikring ASA often depends not only on the future outlook of the potential Gjensidige Forsikring'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. Gjensidige Forsikring's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding500.1 M
Cash And Short Term Investments2.3 B

Other Information on Investing in Gjensidige Stock

Gjensidige Forsikring financial ratios help investors to determine whether Gjensidige Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gjensidige with respect to the benefits of owning Gjensidige Forsikring security.