Elopak AS (Norway) Price Patterns

ELO Stock   50.20  0.60  1.21%   
As of now, The value of RSI of Elopak AS's share price is at 52 suggesting 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 Elopak AS, making its price go up or down.

Momentum 52

 Impartial

 
Oversold
 
Overbought
The successful prediction of Elopak AS'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 Elopak AS and does not consider all of the tangible or intangible factors available from Elopak AS's fundamental data. We analyze noise-free headlines and recent hype associated with Elopak AS, which may create opportunities for some arbitrage if properly timed.
Using Elopak AS hype-based prediction, you can estimate the value of Elopak AS from the perspective of Elopak AS 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 Elopak AS to buy its stock at a price that has no basis in reality. In that case, they are not buying Elopak 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.

Elopak AS after-hype prediction price

    
  NOK 49.6  
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 Elopak AS Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
45.7447.4554.56
Details

Elopak AS After-Hype Price Density Analysis

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

Elopak AS Estimiated After-Hype Price Volatility

In the context of predicting Elopak AS's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Elopak AS's historical news coverage. Elopak AS's after-hype downside and upside margins for the prediction period are 47.89 and 51.31, respectively. We have considered Elopak AS'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
50.20
49.60
After-hype Price
51.31
Upside
Elopak AS is very steady at this time. Analysis and calculation of next after-hype price of Elopak AS is based on 3 months time horizon.

Elopak AS Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Elopak AS is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Elopak AS 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 Elopak AS, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.11 
1.71
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
50.20
49.60
0.00 
0.00  
Notes

Elopak AS Hype Timeline

Elopak AS is currently traded for 50.20on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Elopak 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 currently at 0.11%. %. The volatility of related hype on Elopak AS is about 0.0%, with the expected price after the next announcement by competition of 50.20. About 85.0% of the company shares are held by institutions such as insurance companies. The book value of Elopak AS was currently reported as 0.98. The company last dividend was issued on the 13th of May 2022. Assuming the 90 days trading horizon the next estimated press release will be in a few days.
Check out Elopak AS Basic Forecasting Models to cross-verify your projections.

Elopak AS Related Hype Analysis

Having access to credible news sources related to Elopak AS's direct competition is more important than ever and may enhance your ability to predict Elopak AS's future price movements. Getting to know how Elopak AS'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 Elopak AS may potentially react to the hype associated with one of its peers.

Elopak AS Additional Predictive Modules

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

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

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Other Information on Investing in Elopak Stock

Elopak AS financial ratios help investors to determine whether Elopak 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 Elopak with respect to the benefits of owning Elopak AS security.