Movinn AS Stock Forecast - Accumulation Distribution
MOVINN Stock | 3.82 0.14 3.80% |
Movinn Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Movinn AS stock prices and determine the direction of Movinn AS's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Movinn AS's historical fundamentals, such as revenue growth or operating cash flow patterns.
Movinn |
Check Movinn AS Volatility | Backtest Movinn AS | Trend Details |
Movinn AS Trading Date Momentum
On October 30 2024 Movinn AS was traded for 3.78 at the closing time. The highest price during the trading period was 3.78 and the lowest recorded bid was listed for 3.78 . The volume for the day was 5.2 K. This history from October 30, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 2.72% . The trading delta at closing time to the current price is 2.72% . |
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 Movinn AS
For every potential investor in Movinn, whether a beginner or expert, Movinn AS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Movinn Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Movinn. Basic forecasting techniques help filter out the noise by identifying Movinn AS's price trends.Movinn AS 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 Movinn AS stock to make a market-neutral strategy. Peer analysis of Movinn AS could also be used in its relative valuation, which is a method of valuing Movinn AS by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Movinn AS 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 Movinn AS'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 Movinn AS's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Movinn AS Market Strength Events
Market strength indicators help investors to evaluate how Movinn AS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Movinn AS shares will generate the highest return on investment. By undertsting and applying Movinn AS stock market strength indicators, traders can identify Movinn AS entry and exit signals to maximize returns.
Movinn AS Risk Indicators
The analysis of Movinn AS'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 Movinn AS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting movinn 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 | 2.37 | |||
Standard Deviation | 3.28 | |||
Variance | 10.78 |
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.
Pair Trading with Movinn AS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Movinn AS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Movinn AS will appreciate offsetting losses from the drop in the long position's value.Moving against Movinn Stock
0.73 | DSV | DSV Panalpina AS | PairCorr |
0.68 | FED | Fast Ejendom | PairCorr |
0.59 | NDA-DK | Nordea Bank Abp | PairCorr |
0.55 | SPNO | Spar Nord Bank | PairCorr |
0.39 | JDAN | Jeudan | PairCorr |
The ability to find closely correlated positions to Movinn AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Movinn AS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Movinn AS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Movinn AS to buy it.
The correlation of Movinn AS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Movinn AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Movinn AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Movinn AS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Movinn Stock
Movinn AS financial ratios help investors to determine whether Movinn 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 Movinn with respect to the benefits of owning Movinn AS security.