Norsk Hydro OTC Stock Forecast - Period Momentum Indicator
| NHYDYDelisted Stock | USD 8.01 0.13 1.60% |
Norsk OTC Stock Forecast is based on your current time horizon.
Norsk |
| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (0.13) | (0.13) |
| Check Norsk Hydro Volatility | Backtest Norsk Hydro | Information Ratio |
Norsk Hydro Trading Date Momentum
| On November 22 2024 Norsk Hydro ASA was traded for 8.01 at the closing time. The highest daily price throughout the period was 8.14 and the lowest price was 7.98 . There was no trading activity during the period 0.0. Lack of trading volume on 11/22/2024 did not cause price change. The trading delta at closing time to current closing price is 1.62% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Norsk Hydro 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 Norsk Hydro otc stock to make a market-neutral strategy. Peer analysis of Norsk Hydro could also be used in its relative valuation, which is a method of valuing Norsk Hydro by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Norsk Hydro Market Strength Events
Market strength indicators help investors to evaluate how Norsk Hydro otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Norsk Hydro shares will generate the highest return on investment. By undertsting and applying Norsk Hydro otc stock market strength indicators, traders can identify Norsk Hydro ASA entry and exit signals to maximize returns.
Norsk Hydro Risk Indicators
The analysis of Norsk Hydro'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 Norsk Hydro's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting norsk otc 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 | 2.0 | |||
| Semi Deviation | 1.89 | |||
| Standard Deviation | 2.51 | |||
| Variance | 6.29 | |||
| Downside Variance | 4.93 | |||
| Semi Variance | 3.55 | |||
| Expected Short fall | (2.39) |
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.
Also Currently Popular
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.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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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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