Fortum Oyj Pink Sheet Forecast - Accumulation Distribution
| FOJCY Stock | USD 2.79 0.17 5.74% |
Fortum Pink Sheet Forecast is based on your current time horizon.
Fortum |
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Fortum Oyj Trading Date Momentum
| On September 20 2024 Fortum Oyj ADR was traded for 3.03 at the closing time. The highest daily price throughout the period was 3.03 and the lowest price was 3.03 . The daily volume was 830. The net trading volume on 09/20/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.66% . The overall trading delta to current closing price is 2.99% . |
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 Fortum Oyj
For every potential investor in Fortum, whether a beginner or expert, Fortum Oyj's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fortum Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fortum. Basic forecasting techniques help filter out the noise by identifying Fortum Oyj's price trends.Fortum Oyj 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 Fortum Oyj pink sheet to make a market-neutral strategy. Peer analysis of Fortum Oyj could also be used in its relative valuation, which is a method of valuing Fortum Oyj by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fortum Oyj ADR Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Fortum Oyj'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 Fortum Oyj's current price.| Cycle Indicators | ||
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Fortum Oyj Market Strength Events
Market strength indicators help investors to evaluate how Fortum Oyj 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 Fortum Oyj shares will generate the highest return on investment. By undertsting and applying Fortum Oyj pink sheet market strength indicators, traders can identify Fortum Oyj ADR entry and exit signals to maximize returns.
Fortum Oyj Risk Indicators
The analysis of Fortum Oyj'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 Fortum Oyj's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fortum 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 | 1.81 | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.57 |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Fortum Pink Sheet Analysis
When running Fortum Oyj's price analysis, check to measure Fortum Oyj'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 Fortum Oyj is operating at the current time. Most of Fortum Oyj's value examination focuses on studying past and present price action to predict the probability of Fortum Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortum Oyj's price. Additionally, you may evaluate how the addition of Fortum Oyj to your portfolios can decrease your overall portfolio volatility.