Nordic American Stock Forecast - Simple Exponential Smoothing
| NAT Stock | USD 4.01 0.08 1.96% |
The Simple Exponential Smoothing forecasted value of Nordic American Tankers on the next trading day is expected to be 4.01 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.96. Nordic Stock Forecast is based on your current time horizon.
The value of relative strength index of Nordic American's stock price is slightly above 64. This indicates that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Nordic, making its price go up or down. Momentum 64
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth (0.72) | EPS Estimate Next Quarter 0.1 | EPS Estimate Current Year 0.05 | EPS Estimate Next Year 0.245 | Wall Street Target Price 4.25 |
Using Nordic American hype-based prediction, you can estimate the value of Nordic American Tankers from the perspective of Nordic American response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Nordic American using Nordic American's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Nordic using crowd psychology based on the activity and movement of Nordic American's stock price.
Nordic American Short Interest
An investor who is long Nordic American may also wish to track short interest. As short interest increases, investors should be becoming more worried about Nordic American and may potentially protect profits, hedge Nordic American with its derivative instruments, or be ready for some potential downside.
200 Day MA 3.0988 | Short Percent 0.0761 | Short Ratio 5.51 | Shares Short Prior Month 13.8 M | 50 Day MA 3.666 |
Nordic American Tankers Hype to Price Pattern
Investor biases related to Nordic American's public news can be used to forecast risks associated with an investment in Nordic. The trend in average sentiment can be used to explain how an investor holding Nordic can time the market purely based on public headlines and social activities around Nordic American Tankers. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nordic American Implied Volatility | 0.76 |
Nordic American's implied volatility exposes the market's sentiment of Nordic American Tankers stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nordic American's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Nordic American stock will not fluctuate a lot when Nordic American's options are near their expiration.
The Simple Exponential Smoothing forecasted value of Nordic American Tankers on the next trading day is expected to be 4.01 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.96. Nordic American after-hype prediction price | USD 4.01 |
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 Historical Fundamental Analysis of Nordic American to cross-verify your projections. Prediction based on Rule 16 of the current Nordic contract
Based on the Rule 16, the options market is currently suggesting that Nordic American Tankers will have an average daily up or down price movement of about 0.0475% per day over the life of the 2026-04-17 option contract. With Nordic American trading at USD 4.01, that is roughly USD 0.001905 . If you think that the market is fully incorporating Nordic American's daily price movement you should consider acquiring Nordic American Tankers options at the current volatility level of 0.76%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-04-17 Nordic Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Nordic American's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Nordic American's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Nordic American stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Nordic American's open interest, investors have to compare it to Nordic American's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Nordic American is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Nordic. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Nordic American Additional Predictive Modules
Most predictive techniques to examine Nordic price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nordic using various technical indicators. When you analyze Nordic 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Nordic American Simple Exponential Smoothing Price Forecast For the 24th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Nordic American Tankers on the next trading day is expected to be 4.01 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 2.96.Please note that although there have been many attempts to predict Nordic Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Nordic American's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Nordic American Stock Forecast Pattern
| Backtest Nordic American | Nordic American Price Prediction | Buy or Sell Advice |
Nordic American Forecasted Value
In the context of forecasting Nordic American's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Nordic American's downside and upside margins for the forecasting period are 2.07 and 5.95, respectively. We have considered Nordic American's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Nordic American stock data series using in forecasting. Note that when a statistical model is used to represent Nordic American stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 112.7521 |
| Bias | Arithmetic mean of the errors | -0.0092 |
| MAD | Mean absolute deviation | 0.0485 |
| MAPE | Mean absolute percentage error | 0.0134 |
| SAE | Sum of the absolute errors | 2.96 |
Predictive Modules for Nordic American
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nordic American Tankers. 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.Nordic American After-Hype Price Prediction Density Analysis
As far as predicting the price of Nordic American 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 Nordic American 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 Nordic American, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Nordic American Estimiated After-Hype Price Volatility
In the context of predicting Nordic American's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nordic American's historical news coverage. Nordic American's after-hype downside and upside margins for the prediction period are 2.08 and 5.94, respectively. We have considered Nordic American'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
Nordic American is slightly risky at this time. Analysis and calculation of next after-hype price of Nordic American Tankers is based on 3 months time horizon.
Nordic American Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Nordic American is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nordic American 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 Nordic American, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.26 | 1.94 | 0.00 | 0.03 | 9 Events / Month | 7 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
4.01 | 4.01 | 0.00 |
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Nordic American Hype Timeline
On the 23rd of January Nordic American Tankers is traded for 4.01. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.03. Nordic 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 over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.26%. %. The volatility of related hype on Nordic American is about 1883.5%, with the expected price after the next announcement by competition of 3.98. About 43.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.84. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nordic American Tankers last dividend was issued on the 8th of December 2025. The entity had 1008:1000 split on the 10th of August 2017. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days. Check out Historical Fundamental Analysis of Nordic American to cross-verify your projections.Nordic American Related Hype Analysis
Having access to credible news sources related to Nordic American's direct competition is more important than ever and may enhance your ability to predict Nordic American's future price movements. Getting to know how Nordic American'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 Nordic American may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GNK | Genco Shipping Trading | 0.23 | 7 per month | 1.15 | 0.13 | 3.90 | (1.92) | 11.53 | |
| SFL | SFL Corporation | (0.05) | 8 per month | 1.20 | 0.12 | 2.54 | (2.55) | 13.61 | |
| TH | Target Hospitality Corp | (0.01) | 26 per month | 3.32 | 0.03 | 4.01 | (3.45) | 20.01 | |
| BWMN | Bowman Consulting Group | (0.35) | 11 per month | 0.00 | (0.09) | 4.29 | (5.57) | 26.93 | |
| APOG | Apogee Enterprises | (0.27) | 9 per month | 3.07 | 0 | 4.04 | (3.14) | 17.93 | |
| GLDD | Great Lakes Dredge | (0.08) | 31 per month | 1.34 | 0.18 | 4.74 | (3.02) | 15.87 | |
| NPK | National Presto Industries | (0.15) | 17 per month | 2.04 | 0.05 | 2.80 | (2.71) | 10.36 | |
| GSL | Global Ship Lease | (0.18) | 12 per month | 1.00 | 0.15 | 2.89 | (2.24) | 12.98 | |
| MRTN | Marten Transport | (0.09) | 5 per month | 1.73 | 0.09 | 4.33 | (2.17) | 9.95 | |
| SERV | Serve Robotics Common | (0.08) | 3 per month | 5.34 | (0.01) | 10.62 | (9.56) | 28.21 |
Other Forecasting Options for Nordic American
For every potential investor in Nordic, whether a beginner or expert, Nordic American's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nordic Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nordic. Basic forecasting techniques help filter out the noise by identifying Nordic American's price trends.Nordic American 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 Nordic American stock to make a market-neutral strategy. Peer analysis of Nordic American could also be used in its relative valuation, which is a method of valuing Nordic American by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nordic American Market Strength Events
Market strength indicators help investors to evaluate how Nordic American stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nordic American shares will generate the highest return on investment. By undertsting and applying Nordic American stock market strength indicators, traders can identify Nordic American Tankers entry and exit signals to maximize returns.
| Accumulation Distribution | 38844.09 | |||
| Daily Balance Of Power | (0.73) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 4.04 | |||
| Day Typical Price | 4.03 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.08) | |||
| Relative Strength Index | 64.78 |
Nordic American Risk Indicators
The analysis of Nordic American'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 Nordic American's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nordic 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 | 1.34 | |||
| Semi Deviation | 1.32 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.58 | |||
| Downside Variance | 2.93 | |||
| Semi Variance | 1.75 | |||
| Expected Short fall | (1.55) |
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.
Story Coverage note for Nordic American
The number of cover stories for Nordic American depends on current market conditions and Nordic American's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Nordic American 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 Nordic American's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Nordic American Short Properties
Nordic American's future price predictability will typically decrease when Nordic American's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Nordic American Tankers often depends not only on the future outlook of the potential Nordic American'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. Nordic American's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 209.9 M | |
| Cash And Short Term Investments | 39.2 M |
Additional Tools for Nordic Stock Analysis
When running Nordic American's price analysis, check to measure Nordic American'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 Nordic American is operating at the current time. Most of Nordic American's value examination focuses on studying past and present price action to predict the probability of Nordic American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic American's price. Additionally, you may evaluate how the addition of Nordic American to your portfolios can decrease your overall portfolio volatility.