Fortnox AB Stock Forecast - Price Action Indicator
| FNOX Stock | 68.10 0.86 1.28% |
Fortnox Stock Forecast is based on your current time horizon.
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Fortnox AB Trading Date Momentum
| On December 02 2024 Fortnox AB was traded for 68.10 at the closing time. The highest price during the trading period was 68.58 and the lowest recorded bid was listed for 67.02 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not affect price variability. The overall trading delta to the current price is 1.59% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Fortnox AB
For every potential investor in Fortnox, whether a beginner or expert, Fortnox AB's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fortnox Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fortnox. Basic forecasting techniques help filter out the noise by identifying Fortnox AB's price trends.Fortnox AB 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 Fortnox AB stock to make a market-neutral strategy. Peer analysis of Fortnox AB could also be used in its relative valuation, which is a method of valuing Fortnox AB by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fortnox AB 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 Fortnox AB'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 Fortnox AB's current price.| Cycle Indicators | ||
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| Volume Indicators |
Fortnox AB Market Strength Events
Market strength indicators help investors to evaluate how Fortnox AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortnox AB shares will generate the highest return on investment. By undertsting and applying Fortnox AB stock market strength indicators, traders can identify Fortnox AB entry and exit signals to maximize returns.
Fortnox AB Risk Indicators
The analysis of Fortnox AB'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 Fortnox AB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fortnox 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 | 1.75 | |||
| Semi Deviation | 1.94 | |||
| Standard Deviation | 2.49 | |||
| Variance | 6.22 | |||
| Downside Variance | 4.44 | |||
| Semi Variance | 3.78 | |||
| Expected Short fall | (2.06) |
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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Additional Tools for Fortnox Stock Analysis
When running Fortnox AB's price analysis, check to measure Fortnox AB'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 Fortnox AB is operating at the current time. Most of Fortnox AB's value examination focuses on studying past and present price action to predict the probability of Fortnox AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortnox AB's price. Additionally, you may evaluate how the addition of Fortnox AB to your portfolios can decrease your overall portfolio volatility.