Tomra Systems Stock Forecast - Accumulation Distribution

TOM Stock  NOK 155.60  2.40  1.52%   
Tomra Stock Forecast is based on your current time horizon.
  
On November 22, 2024 Tomra Systems ASA had Accumulation Distribution of 11003.46. The accumulation distribution (A/D) indicator shows the degree to which Tomra Systems is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Tomra Systems ASA to determine if accumulation or reduction is taking place in the market. This value is adjusted by Tomra Systems trading volume to give more weight to distributions with higher volume over lower volume.
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Tomra Systems Trading Date Momentum

On November 25 2024 Tomra Systems ASA was traded for  156.70  at the closing time. The maximum traded price for the trading interval was 158.20  and the lowest daily price was  148.40 . The daily volume was recorded at 1.2 M. The volume of trading on 25th of November 2024 played a part in the next trading day price upswing. The trading price change to the next closing price was 10.66% . The trading price change to the closing price today is 13.35% .
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 Tomra Systems

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

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

Tomra Systems 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 Tomra Systems' 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 Tomra Systems' current price.

Tomra Systems Market Strength Events

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

Tomra Systems Risk Indicators

The analysis of Tomra Systems' 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 Tomra Systems' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tomra 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 Tomra Stock

Tomra Systems financial ratios help investors to determine whether Tomra 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 Tomra with respect to the benefits of owning Tomra Systems security.