Telenor ASA Pink Sheet Forward View
| TELNY Stock | USD 17.92 1.25 7.50% |
Telenor Pink Sheet outlook is based on your current time horizon.
At this time the relative strength index (rsi) of Telenor ASA's share price is below 20 . This usually implies that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Telenor ASA hype-based prediction, you can estimate the value of Telenor ASA ADR from the perspective of Telenor ASA response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Telenor ASA ADR on the next trading day is expected to be 17.85 with a mean absolute deviation of 0.24 and the sum of the absolute errors of 15.01. Telenor ASA after-hype prediction price | USD 17.95 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Telenor |
Telenor ASA Additional Predictive Modules
Most predictive techniques to examine Telenor price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Telenor using various technical indicators. When you analyze Telenor charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Telenor ASA Naive Prediction Price Forecast For the 8th of February
Given 90 days horizon, the Naive Prediction forecasted value of Telenor ASA ADR on the next trading day is expected to be 17.85 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.09, and the sum of the absolute errors of 15.01.Please note that although there have been many attempts to predict Telenor Pink Sheet prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Telenor ASA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Telenor ASA Pink Sheet Forecast Pattern
| Backtest Telenor ASA | Telenor ASA Price Prediction | Research Analysis |
Telenor ASA Forecasted Value
In the context of forecasting Telenor ASA's Pink Sheet value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Telenor ASA's downside and upside margins for the forecasting period are 16.05 and 19.65, respectively. We have considered Telenor ASA's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Telenor ASA pink sheet data series using in forecasting. Note that when a statistical model is used to represent Telenor ASA pink sheet, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 117.5892 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2421 |
| MAPE | Mean absolute percentage error | 0.016 |
| SAE | Sum of the absolute errors | 15.0129 |
Predictive Modules for Telenor ASA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Telenor ASA ADR. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Telenor ASA After-Hype Price Density Analysis
As far as predicting the price of Telenor ASA at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Telenor ASA or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of Telenor ASA, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Telenor ASA Estimiated After-Hype Price Volatility
In the context of predicting Telenor ASA's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Telenor ASA's historical news coverage. Telenor ASA's after-hype downside and upside margins for the prediction period are 16.15 and 19.75, respectively. We have considered Telenor ASA's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Telenor ASA is very steady at this time. Analysis and calculation of next after-hype price of Telenor ASA ADR is based on 3 months time horizon.
Telenor ASA Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Telenor ASA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Telenor ASA backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Telenor ASA, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.34 | 1.80 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
17.92 | 17.95 | 0.00 |
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Telenor ASA Hype Timeline
Telenor ASA ADR is at this time traded for 17.92. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Telenor is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is at this time at 0.34%. %. The volatility of related hype on Telenor ASA is about 0.0%, with the expected price after the next announcement by competition of 17.92. The company has Price/Earnings To Growth (PEG) ratio of 1.35. Telenor ASA ADR last dividend was issued on the 6th of October 2022. The entity had 3:1 split on the 15th of March 2016. Assuming the 90 days horizon the next estimated press release will be within a week. Check out Historical Fundamental Analysis of Telenor ASA to cross-verify your projections.Telenor ASA Related Hype Analysis
Having access to credible news sources related to Telenor ASA's direct competition is more important than ever and may enhance your ability to predict Telenor ASA's future price movements. Getting to know how Telenor ASA's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Telenor ASA may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CHWRF | China Tower | 0.00 | 0 per month | 0.00 | 0.08 | 0.00 | 0.00 | 99.71 | |
| TLKMF | Telkom Indonesia Tbk | 0.00 | 0 per month | 0.00 | 0.04 | 5.56 | (4.35) | 27.33 | |
| RCIAF | Rogers Communications | 0.00 | 0 per month | 0.00 | (0.07) | 1.86 | (1.93) | 11.72 | |
| KKPNY | Koninklijke KPN NV | 0.00 | 0 per month | 0.86 | 0.13 | 2.95 | (1.74) | 6.40 | |
| AVIVF | Advanced Info Service | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| KKPNF | Koninklijke KPN NV | 0.00 | 0 per month | 1.76 | 0.09 | 3.92 | (3.21) | 10.22 | |
| AVIFY | Advanced Info Service | 0.00 | 0 per month | 5.41 | 0.07 | 15.30 | (9.62) | 33.13 | |
| MTNOY | MTN Group Ltd | 0.00 | 0 per month | 1.70 | 0.07 | 3.31 | (2.74) | 10.93 | |
| VDMCY | Vodacom Group Ltd | 0.00 | 0 per month | 1.40 | 0.14 | 3.83 | (2.62) | 7.38 | |
| BTGOF | BT Group plc | 0.00 | 0 per month | 2.61 | 0.03 | 4.91 | (5.16) | 16.48 |
Other Forecasting Options for Telenor ASA
For every potential investor in Telenor, whether a beginner or expert, Telenor ASA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Telenor Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Telenor. Basic forecasting techniques help filter out the noise by identifying Telenor ASA's price trends.Telenor 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 Telenor ASA pink sheet to make a market-neutral strategy. Peer analysis of Telenor ASA could also be used in its relative valuation, which is a method of valuing Telenor ASA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Telenor ASA Market Strength Events
Market strength indicators help investors to evaluate how Telenor ASA pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Telenor ASA shares will generate the highest return on investment. By undertsting and applying Telenor ASA pink sheet market strength indicators, traders can identify Telenor ASA ADR entry and exit signals to maximize returns.
| Accumulation Distribution | 184.79 | |||
| Daily Balance Of Power | 6.944444 | |||
| Rate Of Daily Change | 1.07 | |||
| Day Median Price | 17.93 | |||
| Day Typical Price | 17.93 | |||
| Price Action Indicator | 0.62 | |||
| Period Momentum Indicator | 1.25 |
Telenor ASA Risk Indicators
The analysis of Telenor 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 Telenor ASA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting telenor pink sheet 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 | 1.09 | |||
| Semi Deviation | 0.9448 | |||
| Standard Deviation | 1.78 | |||
| Variance | 3.16 | |||
| Downside Variance | 1.63 | |||
| Semi Variance | 0.8926 | |||
| Expected Short fall | (1.32) |
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.
Story Coverage note for Telenor ASA
The number of cover stories for Telenor ASA depends on current market conditions and Telenor ASA's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Telenor ASA is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Telenor ASA's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Telenor ASA Short Properties
Telenor ASA's future price predictability will typically decrease when Telenor ASA's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Telenor ASA ADR often depends not only on the future outlook of the potential Telenor ASA's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Telenor ASA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 B | |
| Cash And Short Term Investments | 15.6 B |
Additional Tools for Telenor Pink Sheet Analysis
When running Telenor ASA's price analysis, check to measure Telenor ASA's 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 Telenor ASA is operating at the current time. Most of Telenor ASA's value examination focuses on studying past and present price action to predict the probability of Telenor ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telenor ASA's price. Additionally, you may evaluate how the addition of Telenor ASA to your portfolios can decrease your overall portfolio volatility.