Otello ASA Stock Forecast - Accumulation Distribution
| OTEC Stock | NOK 7.70 0.10 1.28% |
Otello Stock Forecast is based on your current time horizon.
Otello |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 1829.47 | 1203.55 |
| Check Otello ASA Volatility | Backtest Otello ASA | Trend Details |
Otello ASA Trading Date Momentum
| On September 09 2024 Otello ASA was traded for 8.32 at the closing time. The highest price during the trading period was 8.38 and the lowest recorded bid was listed for 8.24 . The volume for the day was 79.2 K. This history from September 9, 2024 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 0.48% . The trading delta at closing time to the current price is 0.72% . |
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 Otello ASA
For every potential investor in Otello, whether a beginner or expert, Otello ASA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Otello Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Otello. Basic forecasting techniques help filter out the noise by identifying Otello ASA's price trends.Otello 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 Otello ASA stock to make a market-neutral strategy. Peer analysis of Otello ASA could also be used in its relative valuation, which is a method of valuing Otello ASA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Otello 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 Otello 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 Otello ASA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Otello ASA Market Strength Events
Market strength indicators help investors to evaluate how Otello 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 Otello ASA shares will generate the highest return on investment. By undertsting and applying Otello ASA stock market strength indicators, traders can identify Otello ASA entry and exit signals to maximize returns.
Otello ASA Risk Indicators
The analysis of Otello 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 Otello ASA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting otello 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 | 0.875 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.53 |
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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Otello ASA financial ratios help investors to determine whether Otello 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 Otello with respect to the benefits of owning Otello ASA security.