Norsk Hydro OTC Stock Forecast - Day Median Price

NHYKF Stock  USD 6.62  0.02  0.30%   
Norsk OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Norsk Hydro's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Norsk Hydro ASA has current Day Median Price of 6.64. Median Price is the statistical median of an asset price for a given trading period.
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Norsk Hydro Trading Date Momentum

On November 25 2024 Norsk Hydro ASA was traded for  6.62  at the closing time. The highest daily price throughout the period was 6.65  and the lowest price was  6.62 . There was no trading activity during the period 0.0. Lack of trading volume on 11/25/2024 did not cause price change. The trading delta at closing time to current closing price is 0.45% .
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Norsk Hydro

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

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

Norsk Hydro ASA Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Norsk Hydro'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 Norsk Hydro's current price.

Norsk Hydro Market Strength Events

Market strength indicators help investors to evaluate how Norsk Hydro otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Norsk Hydro shares will generate the highest return on investment. By undertsting and applying Norsk Hydro otc stock market strength indicators, traders can identify Norsk Hydro ASA entry and exit signals to maximize returns.

Norsk Hydro Risk Indicators

The analysis of Norsk Hydro'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 Norsk Hydro's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting norsk otc 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 Norsk OTC Stock

Norsk Hydro financial ratios help investors to determine whether Norsk OTC 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 Norsk with respect to the benefits of owning Norsk Hydro security.