Storytel Stock Forecast - Period Momentum Indicator
| STORY-B Stock | SEK 60.50 0.95 1.60% |
Storytel Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Storytel stock prices and determine the direction of Storytel AB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Storytel's historical fundamentals, such as revenue growth or operating cash flow patterns.
Storytel |
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Storytel Trading Date Momentum
| On November 27 2024 Storytel AB was traded for 60.80 at the closing time. The highest price during the trading period was 61.10 and the lowest recorded bid was listed for 59.65 . The volume for the day was 231.7 K. This history from November 27, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 1.00% . The trading price change to the current price is 0.83% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Storytel
For every potential investor in Storytel, whether a beginner or expert, Storytel's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Storytel Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Storytel. Basic forecasting techniques help filter out the noise by identifying Storytel's price trends.Storytel 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 Storytel stock to make a market-neutral strategy. Peer analysis of Storytel could also be used in its relative valuation, which is a method of valuing Storytel by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Storytel 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 Storytel'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 Storytel's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Storytel Market Strength Events
Market strength indicators help investors to evaluate how Storytel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Storytel shares will generate the highest return on investment. By undertsting and applying Storytel stock market strength indicators, traders can identify Storytel AB entry and exit signals to maximize returns.
Storytel Risk Indicators
The analysis of Storytel'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 Storytel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting storytel 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 | 1.84 | |||
| Semi Deviation | 1.92 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.03 | |||
| Downside Variance | 4.66 | |||
| Semi Variance | 3.7 | |||
| Expected Short fall | (2.11) |
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 Storytel Stock
Storytel financial ratios help investors to determine whether Storytel 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 Storytel with respect to the benefits of owning Storytel security.