Nitro Games Stock Forecast - Period Momentum Indicator

NITRO Stock  SEK 2.66  0.10  3.91%   
Nitro Stock Forecast is based on your current time horizon.
  
Nitro Games Oyj has current Period Momentum Indicator of 0.1. 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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Nitro Games Trading Date Momentum

On November 29 2024 Nitro Games Oyj was traded for  2.66  at the closing time. The highest price during the trading period was 2.66  and the lowest recorded bid was listed for  2.50 . The volume for the day was 48.7 K. This history from November 29, 2024 did not cause price change. The trading delta at closing time to the current price is 6.02% .
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 Nitro Games

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

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

Nitro Games Oyj 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 Nitro Games' 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 Nitro Games' current price.

Nitro Games Market Strength Events

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

Nitro Games Risk Indicators

The analysis of Nitro Games' 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 Nitro Games' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nitro 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Nitro Stock Analysis

When running Nitro Games' price analysis, check to measure Nitro Games' 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 Nitro Games is operating at the current time. Most of Nitro Games' value examination focuses on studying past and present price action to predict the probability of Nitro Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nitro Games' price. Additionally, you may evaluate how the addition of Nitro Games to your portfolios can decrease your overall portfolio volatility.