Orexo AB Stock Forecast - Daily Balance Of Power

ORX Stock  SEK 9.55  0.15  1.60%   
Orexo Stock Forecast is based on your current time horizon.
  
On March 28, 2024 Orexo AB had Daily Balance Of Power of 0.439. Balance of Power indicator (or BOP) measures the strength of Orexo AB market sensitivity to bulls and bears. It estimates the ability of Orexo AB buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Orexo AB Balance of Power indicator one can determine a trend of the price direction.
Check Orexo AB VolatilityBacktest Orexo ABTrend Details  

Orexo AB Trading Date Momentum

On April 02 2024 Orexo AB was traded for  16.56  at the closing time. The maximum traded price for the trading interval was 16.56  and the lowest daily price was  15.06 . The daily volume was recorded at 12.9 K. The volume of trading on 2nd of April 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 6.29% . 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.
Compare Orexo AB to competition

Other Forecasting Options for Orexo AB

For every potential investor in Orexo, whether a beginner or expert, Orexo AB's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Orexo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Orexo. Basic forecasting techniques help filter out the noise by identifying Orexo AB's price trends.

Orexo AB 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 Orexo AB stock to make a market-neutral strategy. Peer analysis of Orexo AB could also be used in its relative valuation, which is a method of valuing Orexo AB by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Orexo AB 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 Orexo AB'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 Orexo AB's current price.

Orexo AB Market Strength Events

Market strength indicators help investors to evaluate how Orexo AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orexo AB shares will generate the highest return on investment. By undertsting and applying Orexo AB stock market strength indicators, traders can identify Orexo AB entry and exit signals to maximize returns.

Orexo AB Risk Indicators

The analysis of Orexo AB'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 Orexo AB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting orexo 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.
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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Orexo Stock Analysis

When running Orexo AB's price analysis, check to measure Orexo AB'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 Orexo AB is operating at the current time. Most of Orexo AB's value examination focuses on studying past and present price action to predict the probability of Orexo AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orexo AB's price. Additionally, you may evaluate how the addition of Orexo AB to your portfolios can decrease your overall portfolio volatility.