Norsk Hydro Stock Forecast - Day Typical Price
| NOHA Stock | EUR 5.46 0.20 3.53% |
Norsk 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 |
| Previous Day Typical Price | Day Typical Price | Trend |
| 5.48 | 5.48 |
| Check Norsk Hydro Volatility | Backtest Norsk Hydro | Information Ratio |
Norsk Hydro Trading Date Momentum
| On February 06 2025 Norsk Hydro ASA was traded for 5.46 at the closing time. The maximum traded price for the trading interval was 5.66 and the lowest daily price was 5.32 . There was no trading activity during the period 0.0. Lack of trading volume on 6th of February 2025 did not cause price change. The trading delta at closing time to the closing price today is 3.66% . |
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.
Compare Norsk Hydro to competition
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 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 Market Strength Events
Market strength indicators help investors to evaluate how Norsk Hydro 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 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 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 | 1.99 | |||
| Semi Deviation | 2.0 | |||
| Standard Deviation | 2.59 | |||
| Variance | 6.72 | |||
| Downside Variance | 5.2 | |||
| Semi Variance | 4.02 | |||
| Expected Short fall | (2.64) |
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.
Currently Active Assets on Macroaxis
| EBR | Centrais Electricas Brasileiras | |
| HE | Hawaiian Electric Industries | |
| VFC | VF Corporation | |
| BVHMF | Vistry Group PLC | |
| S | SentinelOne |
Other Information on Investing in Norsk Stock
Norsk Hydro financial ratios help investors to determine whether Norsk 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.