Norse Atlantic (Norway) Price Patterns

NORSE Stock  NOK 6.37  0.05  0.78%   
The value of RSI of Norse Atlantic's stock price is about 60. This indicates that the stock is rather overbought by investors as of now. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Norse, making its price go up or down.

Momentum 60

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Norse Atlantic's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Norse Atlantic ASA, which may create opportunities for some arbitrage if properly timed.
Using Norse Atlantic hype-based prediction, you can estimate the value of Norse Atlantic ASA from the perspective of Norse Atlantic 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 Norse Atlantic to buy its stock at a price that has no basis in reality. In that case, they are not buying Norse 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.

Norse Atlantic after-hype prediction price

    
  NOK 6.37  
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 Norse Atlantic Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Norse Atlantic's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
2.006.2410.48
Details
Naive
Forecast
LowNextHigh
2.076.3110.56
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.766.318.86
Details

Norse Atlantic After-Hype Price Density Analysis

As far as predicting the price of Norse Atlantic 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 Norse Atlantic 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 Norse Atlantic, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Norse Atlantic Estimiated After-Hype Price Volatility

In the context of predicting Norse Atlantic's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Norse Atlantic's historical news coverage. Norse Atlantic's after-hype downside and upside margins for the prediction period are 2.13 and 10.61, respectively. We have considered Norse Atlantic'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
6.37
6.37
After-hype Price
10.61
Upside
Norse Atlantic is moderately volatile at this time. Analysis and calculation of next after-hype price of Norse Atlantic ASA is based on 3 months time horizon.

Norse Atlantic Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Norse Atlantic is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Norse Atlantic 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 Norse Atlantic, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.03 
4.24
 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
6.37
6.37
0.00 
0.00  
Notes

Norse Atlantic Hype Timeline

Norse Atlantic ASA is now traded for 6.37on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Norse is estimated 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 estimated to be very small, whereas the daily expected return is now at -0.03%. %. The volatility of related hype on Norse Atlantic is about 0.0%, with the expected price after the next announcement by competition of 6.37. The company recorded a loss per share of 1.24. Norse Atlantic ASA had not issued any dividends in recent years. The entity had 4:1 split on the 15th of April 2023. Assuming the 90 days trading horizon the next estimated press release will be uncertain.
Check out Norse Atlantic Basic Forecasting Models to cross-verify your projections.

Norse Atlantic Related Hype Analysis

Having access to credible news sources related to Norse Atlantic's direct competition is more important than ever and may enhance your ability to predict Norse Atlantic's future price movements. Getting to know how Norse Atlantic'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 Norse Atlantic may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
PYRUMPyrum Innovations AG 0.00 0 per month 0.00 (0.07) 4.44 (3.99) 19.37 
NKRNekkar Asa 0.00 0 per month 1.50  0.1  2.93 (2.54) 8.63 
BMAByggma 0.00 0 per month 2.01 (0.03) 4.26 (3.52) 9.11 
HPURHexagon Purus As 0.00 0 per month 0.00 (0.15) 10.13 (7.24) 23.64 
NRCNRC Group ASA 0.00 0 per month 2.31  0.06  5.31 (3.65) 17.55 
VOWVow ASA 0.00 0 per month 3.63  0.16  9.46 (4.40) 41.64 
JINJinhui Shipping and 0.00 0 per month 0.00 (0.05) 2.54 (2.72) 13.39 
SCANAScana ASA 0.00 0 per month 1.21  0.06  3.65 (2.14) 7.15 
HYPROHydrogenPro AS 0.00 0 per month 0.00 (0.19) 8.00 (8.99) 26.85 
GEOSGolden Energy Offshore 0.00 0 per month 0.00 (0.16) 6.97 (12.32) 28.84 

Norse Atlantic Additional Predictive Modules

Most predictive techniques to examine Norse price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Norse using various technical indicators. When you analyze Norse 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 Norse Atlantic Predictive Indicators

The successful prediction of Norse Atlantic 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 Norse Atlantic 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 Norse Atlantic based on analysis of Norse Atlantic hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Norse Atlantic's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Norse Atlantic's related companies.

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Other Information on Investing in Norse Stock

Norse Atlantic financial ratios help investors to determine whether Norse 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 Norse with respect to the benefits of owning Norse Atlantic security.