Polight ASA Stock Forecast - Daily Balance Of Power
| PLT Stock | 4.03 0.09 2.28% |
Polight Stock Forecast is based on your current time horizon.
Polight |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.20) | 0.6923 |
| Check Polight ASA Volatility | Backtest Polight ASA | Information Ratio |
Polight ASA Trading Date Momentum
| On November 27 2024 Polight ASA was traded for 4.03 at the closing time. The maximum traded price for the trading interval was 4.05 and the lowest daily price was 3.92 . The daily volume was recorded at 415.4 K. The volume of trading on 27th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 2.73% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Polight ASA to competition |
Other Forecasting Options for Polight ASA
For every potential investor in Polight, whether a beginner or expert, Polight ASA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Polight Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Polight. Basic forecasting techniques help filter out the noise by identifying Polight ASA's price trends.Polight ASA 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 Polight ASA stock to make a market-neutral strategy. Peer analysis of Polight ASA could also be used in its relative valuation, which is a method of valuing Polight ASA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Polight ASA 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 Polight ASA'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 Polight ASA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Polight ASA Market Strength Events
Market strength indicators help investors to evaluate how Polight ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Polight ASA shares will generate the highest return on investment. By undertsting and applying Polight ASA stock market strength indicators, traders can identify Polight ASA entry and exit signals to maximize returns.
Polight ASA Risk Indicators
The analysis of Polight ASA'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 Polight ASA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting polight 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 | 3.2 | |||
| Standard Deviation | 4.25 | |||
| Variance | 18.07 |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Polight Stock
Polight ASA financial ratios help investors to determine whether Polight 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 Polight with respect to the benefits of owning Polight ASA security.