Endur ASA Stock Forecast - Accumulation Distribution

ENDUR Stock  NOK 63.00  0.20  0.32%   
Endur Stock Forecast is based on your current time horizon.
  
On October 8, 2024 Endur ASA had Accumulation Distribution of 104.73. The accumulation distribution (A/D) indicator shows the degree to which Endur ASA is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Endur ASA to determine if accumulation or reduction is taking place in the market. This value is adjusted by Endur ASA trading volume to give more weight to distributions with higher volume over lower volume.
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Endur ASA Trading Date Momentum

On October 09 2024 Endur ASA was traded for  57.50  at the closing time. The highest price during the trading period was 58.40  and the lowest recorded bid was listed for  55.00 . The volume for the day was 2.4 M. This history from October 9, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.54% . The overall trading delta to the current price is 5.93% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Endur ASA

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

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

Endur 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 Endur 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 Endur ASA's current price.

Endur ASA Market Strength Events

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

Endur ASA Risk Indicators

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

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Other Information on Investing in Endur Stock

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