TietoEVRY Oyj Stock Forecast - Accumulation Distribution

TIETO Stock  NOK 196.80  1.40  0.71%   
TietoEVRY Stock Forecast is based on your current time horizon.
  
On November 21, 2024 TietoEVRY Oyj had Accumulation Distribution of 4.35. The accumulation distribution (A/D) indicator shows the degree to which TietoEVRY Oyj is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of TietoEVRY Oyj to determine if accumulation or reduction is taking place in the market. This value is adjusted by TietoEVRY Oyj trading volume to give more weight to distributions with higher volume over lower volume.
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TietoEVRY Oyj Trading Date Momentum

On November 22 2024 TietoEVRY Oyj was traded for  194.30  at the closing time. The highest price during the trading period was 194.30  and the lowest recorded bid was listed for  193.00 . The volume for the day was 526. This history from November 22, 2024 contributed to the next trading day price boost. The trading price change to the next closing price was 0.62% . The trading price change to the current price is 1.50% .
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 TietoEVRY Oyj

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

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

TietoEVRY Oyj 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 TietoEVRY Oyj'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 TietoEVRY Oyj's current price.

TietoEVRY Oyj Market Strength Events

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

TietoEVRY Oyj Risk Indicators

The analysis of TietoEVRY Oyj'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 TietoEVRY Oyj's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tietoevry 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 TietoEVRY Stock

TietoEVRY Oyj financial ratios help investors to determine whether TietoEVRY 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 TietoEVRY with respect to the benefits of owning TietoEVRY Oyj security.