Scatec Solar Stock Forecast - Accumulation Distribution

SCATC Stock  NOK 78.85  0.80  1.00%   
Scatec Stock Forecast is based on your current time horizon.
  
On October 28, 2024 Scatec Solar OL had Accumulation Distribution of 6800.47. The accumulation distribution (A/D) indicator shows the degree to which Scatec Solar is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Scatec Solar OL to determine if accumulation or reduction is taking place in the market. This value is adjusted by Scatec Solar trading volume to give more weight to distributions with higher volume over lower volume.
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Scatec Solar Trading Date Momentum

On October 29 2024 Scatec Solar OL was traded for  81.95  at the closing time. The highest price during the trading period was 83.75  and the lowest recorded bid was listed for  81.70 . The volume for the day was 139.1 K. This history from October 29, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.03% . The trading price change to the current price is 1.45% .
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 Scatec Solar

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

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

Scatec Solar OL 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 Scatec Solar'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 Scatec Solar's current price.

Scatec Solar Market Strength Events

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

Scatec Solar Risk Indicators

The analysis of Scatec Solar'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 Scatec Solar's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting scatec 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.

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Other Information on Investing in Scatec Stock

Scatec Solar financial ratios help investors to determine whether Scatec 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 Scatec with respect to the benefits of owning Scatec Solar security.