Orkla ASA Stock Forecast - Daily Balance Of Power
| ORK Stock | NOK 101.90 1.00 0.99% |
Orkla Stock Forecast is based on your current time horizon.
Orkla |
| Check Orkla ASA Volatility | Backtest Orkla ASA | Trend Details |
Orkla ASA Trading Date Momentum
| On November 26 2024 Orkla ASA was traded for 100.30 at the closing time. The maximum traded price for the trading interval was 101.90 and the lowest daily price was 99.95 . The daily volume was recorded at 1.1 M. The volume of trading on 26th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.57% . The trading delta at closing time to the closing price today is 0.00% . |
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.
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Other Forecasting Options for Orkla ASA
For every potential investor in Orkla, whether a beginner or expert, Orkla ASA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Orkla Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Orkla. Basic forecasting techniques help filter out the noise by identifying Orkla ASA's price trends.Orkla 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 Orkla ASA stock to make a market-neutral strategy. Peer analysis of Orkla ASA could also be used in its relative valuation, which is a method of valuing Orkla ASA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Orkla 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 Orkla 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 Orkla ASA's current price.| Cycle Indicators | ||
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| Volume Indicators |
Orkla ASA Market Strength Events
Market strength indicators help investors to evaluate how Orkla 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 Orkla ASA shares will generate the highest return on investment. By undertsting and applying Orkla ASA stock market strength indicators, traders can identify Orkla ASA entry and exit signals to maximize returns.
Orkla ASA Risk Indicators
The analysis of Orkla 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 Orkla ASA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting orkla 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 | 0.8534 | |||
| Semi Deviation | 0.7497 | |||
| Standard Deviation | 1.03 | |||
| Variance | 1.06 | |||
| Downside Variance | 0.711 | |||
| Semi Variance | 0.5621 | |||
| Expected Short fall | (1.03) |
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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Orkla ASA financial ratios help investors to determine whether Orkla 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 Orkla with respect to the benefits of owning Orkla ASA security.