TELE2 AB Stock Forecast - Period Momentum Indicator

NCY Stock  EUR 4.78  0.02  0.42%   
TELE2 Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of TELE2 AB's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
TELE2 AB UNSPADR12 has current Period Momentum Indicator of 0.02. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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TELE2 AB Trading Date Momentum

On November 22 2024 TELE2 AB UNSPADR12 was traded for  4.78  at the closing time. The highest daily price throughout the period was 4.78  and the lowest price was  4.78 . There was no trading activity during the period 1.0. Lack of trading volume on 11/22/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for TELE2 AB

For every potential investor in TELE2, whether a beginner or expert, TELE2 AB's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TELE2 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TELE2. Basic forecasting techniques help filter out the noise by identifying TELE2 AB's price trends.

TELE2 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 TELE2 AB stock to make a market-neutral strategy. Peer analysis of TELE2 AB could also be used in its relative valuation, which is a method of valuing TELE2 AB by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

TELE2 AB UNSPADR12 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 TELE2 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 TELE2 AB's current price.

TELE2 AB Market Strength Events

Market strength indicators help investors to evaluate how TELE2 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 TELE2 AB shares will generate the highest return on investment. By undertsting and applying TELE2 AB stock market strength indicators, traders can identify TELE2 AB UNSPADR12 entry and exit signals to maximize returns.

TELE2 AB Risk Indicators

The analysis of TELE2 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 TELE2 AB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tele2 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.
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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Other Information on Investing in TELE2 Stock

TELE2 AB financial ratios help investors to determine whether TELE2 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 TELE2 with respect to the benefits of owning TELE2 AB security.