Magnora ASA Stock Forecast - Daily Balance Of Power
| MGN Stock | 25.05 0.25 1.01% |
Magnora Stock Forecast is based on your current time horizon.
Magnora |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.1515 | (0.87) |
| Check Magnora ASA Volatility | Backtest Magnora ASA | Trend Details |
Magnora ASA Trading Date Momentum
| On September 03 2024 Magnora ASA was traded for 22.32 at the closing time. The maximum traded price for the trading interval was 23.16 and the lowest daily price was 22.22 . The daily volume was recorded at 207.1 K. The volume of trading on 3rd of September 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 3.00% . The trading delta at closing time to the closing price today is 1.09% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Magnora ASA to competition |
Other Forecasting Options for Magnora ASA
For every potential investor in Magnora, whether a beginner or expert, Magnora ASA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Magnora Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Magnora. Basic forecasting techniques help filter out the noise by identifying Magnora ASA's price trends.Magnora 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 Magnora ASA stock to make a market-neutral strategy. Peer analysis of Magnora ASA could also be used in its relative valuation, which is a method of valuing Magnora ASA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Magnora 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 Magnora 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 Magnora ASA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Magnora ASA Market Strength Events
Market strength indicators help investors to evaluate how Magnora 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 Magnora ASA shares will generate the highest return on investment. By undertsting and applying Magnora ASA stock market strength indicators, traders can identify Magnora ASA entry and exit signals to maximize returns.
Magnora ASA Risk Indicators
The analysis of Magnora 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 Magnora ASA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magnora 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.
| Mean Deviation | 1.51 | |||
| Semi Deviation | 1.72 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.11 | |||
| Downside Variance | 3.98 | |||
| Semi Variance | 2.97 | |||
| Expected Short fall | (1.76) |
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 ArchitectOther Information on Investing in Magnora Stock
Magnora ASA financial ratios help investors to determine whether Magnora 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 Magnora with respect to the benefits of owning Magnora ASA security.