Nekkar Asa (Norway) Price Prediction

NKR Stock  NOK 9.80  0.16  1.66%   
As of now, The value of RSI of Nekkar Asa's share price is at 54. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Nekkar Asa, making its price go up or down.

Oversold Vs Overbought

54

 
Oversold
 
Overbought
The successful prediction of Nekkar Asa's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Nekkar Asa and does not consider all of the tangible or intangible factors available from Nekkar Asa's fundamental data. We analyze noise-free headlines and recent hype associated with Nekkar Asa, which may create opportunities for some arbitrage if properly timed.
Using Nekkar Asa hype-based prediction, you can estimate the value of Nekkar Asa from the perspective of Nekkar Asa response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Nekkar Asa to buy its stock at a price that has no basis in reality. In that case, they are not buying Nekkar because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Nekkar Asa after-hype prediction price

    
  NOK 9.64  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Nekkar Asa Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
7.579.8612.15
Details

Nekkar Asa After-Hype Price Prediction Density Analysis

As far as predicting the price of Nekkar Asa at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Nekkar Asa or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Nekkar Asa, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Nekkar Asa Estimiated After-Hype Price Volatility

In the context of predicting Nekkar Asa's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nekkar Asa's historical news coverage. Nekkar Asa's after-hype downside and upside margins for the prediction period are 7.35 and 11.93, respectively. We have considered Nekkar Asa's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
9.80
9.64
After-hype Price
11.93
Upside
Nekkar Asa is not too volatile at this time. Analysis and calculation of next after-hype price of Nekkar Asa is based on 3 months time horizon.

Nekkar Asa Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Nekkar Asa is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nekkar Asa backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Nekkar Asa, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.08 
2.29
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
9.80
9.64
0.00 
0.00  
Notes

Nekkar Asa Hype Timeline

Nekkar Asa is now traded for 9.80on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Nekkar is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is now at -0.08%. %. The volatility of related hype on Nekkar Asa is about 0.0%, with the expected price after the next announcement by competition of 9.80. About 58.0% of the company outstanding shares are owned by corporate insiders. The book value of Nekkar Asa was now reported as 2.99. The company last dividend was issued on the 20th of September 2019. Assuming the 90 days trading horizon the next projected press release will be uncertain.
Check out Nekkar Asa Basic Forecasting Models to cross-verify your projections.

Nekkar Asa Related Hype Analysis

Having access to credible news sources related to Nekkar Asa's direct competition is more important than ever and may enhance your ability to predict Nekkar Asa's future price movements. Getting to know how Nekkar Asa's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Nekkar Asa may potentially react to the hype associated with one of its peers.

Nekkar Asa Additional Predictive Modules

Most predictive techniques to examine Nekkar price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nekkar using various technical indicators. When you analyze Nekkar charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Nekkar Asa Predictive Indicators

The successful prediction of Nekkar Asa stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Nekkar Asa, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Nekkar Asa based on analysis of Nekkar Asa hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Nekkar Asa's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Nekkar Asa's related companies.

Story Coverage note for Nekkar Asa

The number of cover stories for Nekkar Asa depends on current market conditions and Nekkar Asa's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Nekkar Asa is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Nekkar Asa's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Nekkar Asa Short Properties

Nekkar Asa's future price predictability will typically decrease when Nekkar Asa's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Nekkar Asa often depends not only on the future outlook of the potential Nekkar Asa's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nekkar Asa's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding107.5 M
Cash And Short Term Investments174.5 M

Other Information on Investing in Nekkar Stock

Nekkar Asa financial ratios help investors to determine whether Nekkar 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 Nekkar with respect to the benefits of owning Nekkar Asa security.