Norsk Hydro ASA Buy Hold or Sell Recommendation

NHYDYDelisted Stock  USD 8.01  0.13  1.60%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Norsk Hydro ASA is 'Not Rated'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Norsk Hydro ASA given historical horizon and risk tolerance towards Norsk Hydro. When Macroaxis issues a 'buy' or 'sell' recommendation for Norsk Hydro ASA, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
In addition, we conduct extensive research on individual companies such as Norsk and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Norsk Hydro ASA. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Execute Norsk Hydro Buy or Sell Advice

The Norsk recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Norsk Hydro ASA. Macroaxis does not own or have any residual interests in Norsk Hydro ASA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Norsk Hydro's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Norsk HydroBuy Norsk Hydro
Not Rated
For the selected time horizon Norsk Hydro ASA has a Risk Adjusted Performance of 0.1135, Jensen Alpha of 0.2538, Total Risk Alpha of (0.06), Sortino Ratio of 0.098 and Treynor Ratio of 0.4835
We provide investment recommendation to complement the last-minute expert consensus on Norsk Hydro ASA. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. To make sure Norsk Hydro ASA is not overpriced, please verify all Norsk Hydro ASA fundamentals, including its cash flow from operations, and the relationship between the cash and equivalents and market capitalization . Given that Norsk Hydro ASA has a price to book of 1.43 X, we recommend you to check Norsk Hydro market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

Norsk Hydro Trading Alerts and Improvement Suggestions

Norsk Hydro ASA is not yet fully synchronised with the market data
Norsk Hydro ASA has a very high chance of going through financial distress in the upcoming years

Norsk Hydro Returns Distribution Density

The distribution of Norsk Hydro's historical returns is an attempt to chart the uncertainty of Norsk Hydro's future price movements. The chart of the probability distribution of Norsk Hydro daily returns describes the distribution of returns around its average expected value. We use Norsk Hydro ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Norsk Hydro returns is essential to provide solid investment advice for Norsk Hydro.
Mean Return
0.35
Value At Risk
-3.46
Potential Upside
4.25
Standard Deviation
2.51
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Norsk Hydro historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Norsk Hydro Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Norsk . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Norsk Hydro Buy or Sell Advice

When is the right time to buy or sell Norsk Hydro ASA? Buying financial instruments such as Norsk OTC Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Norsk Hydro in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Dividend Beast
Dividend Beast Theme
An experimental equal-weighted theme of equities with high dividend yield and solid fundamentals based on Macroaxis rating system. The Dividend Beast theme has 69 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Dividend Beast Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Note that the Norsk Hydro ASA information on this page should be used as a complementary analysis to other Norsk Hydro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Other Consideration for investing in Norsk OTC Stock

If you are still planning to invest in Norsk Hydro ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Norsk Hydro's history and understand the potential risks before investing.
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