Nexans Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nexans SA stock prices and determine the direction of Nexans SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nexans SA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Nexans
Nexans SA has current Day Typical Price of 105.13. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
On November 22 2024 Nexans SA was traded for 105.70 at the closing time. The maximum traded price for the trading interval was 106.80 and the lowest daily price was 102.90 . The daily volume was recorded at 267.3 K. The volume of trading on 22nd of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 2.18% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
For every potential investor in Nexans, whether a beginner or expert, Nexans SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nexans Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nexans. Basic forecasting techniques help filter out the noise by identifying Nexans SA's price trends.
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 Nexans SA stock to make a market-neutral strategy. Peer analysis of Nexans SA could also be used in its relative valuation, which is a method of valuing Nexans SA by comparing valuation metrics with similar companies.
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 Nexans SA'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 Nexans SA's current price.
Market strength indicators help investors to evaluate how Nexans SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexans SA shares will generate the highest return on investment. By undertsting and applying Nexans SA stock market strength indicators, traders can identify Nexans SA entry and exit signals to maximize returns.
The analysis of Nexans SA'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 Nexans SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nexans 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Nexans SA financial ratios help investors to determine whether Nexans 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 Nexans with respect to the benefits of owning Nexans SA security.