Veidekke ASA Stock Forecast - Price Action Indicator

VEI Stock  NOK 136.40  1.60  1.19%   
Veidekke Stock Forecast is based on your current time horizon.
  
Veidekke ASA has current Price Action Indicator of 1.4. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check Veidekke ASA VolatilityBacktest Veidekke ASAInformation Ratio  

Veidekke ASA Trading Date Momentum

On November 26 2024 Veidekke ASA was traded for  136.40  at the closing time. The maximum traded price for the trading interval was 136.80  and the lowest daily price was  134.80 . There was no trading activity during the period 0.0. Lack of trading volume on 26th of November 2024 did not result in any price rise and fall. The trading price change to the closing price today is 1.17% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Veidekke ASA to competition

Other Forecasting Options for Veidekke ASA

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

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

Veidekke 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 Veidekke 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 Veidekke ASA's current price.

Veidekke ASA Market Strength Events

Market strength indicators help investors to evaluate how Veidekke 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 Veidekke ASA shares will generate the highest return on investment. By undertsting and applying Veidekke ASA stock market strength indicators, traders can identify Veidekke ASA entry and exit signals to maximize returns.

Veidekke ASA Risk Indicators

The analysis of Veidekke 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 Veidekke ASA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting veidekke 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.

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 Architect

Other Information on Investing in Veidekke Stock

Veidekke ASA financial ratios help investors to determine whether Veidekke 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 Veidekke with respect to the benefits of owning Veidekke ASA security.