Nordic Technology (Norway) Price Prediction

NTG Stock   2.70  0.00  0.00%   
As of now, the value of RSI of Nordic Technology's share price is approaching 46. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Nordic Technology, making its price go up or down.

Oversold Vs Overbought

46

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

Nordic Technology after-hype prediction price

    
  NOK 2.7  
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 Nordic Technology Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.122.416.09
Details

Nordic Technology After-Hype Price Prediction Density Analysis

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

Nordic Technology Estimiated After-Hype Price Volatility

In the context of predicting Nordic Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nordic Technology's historical news coverage. Nordic Technology's after-hype downside and upside margins for the prediction period are 0.14 and 6.38, respectively. We have considered Nordic Technology'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
2.70
2.70
After-hype Price
6.38
Upside
Nordic Technology is very risky at this time. Analysis and calculation of next after-hype price of Nordic Technology is based on 3 months time horizon.

Nordic Technology Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Nordic Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nordic Technology 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 Nordic Technology, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.10 
3.68
 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
2.70
2.70
0.00 
0.00  
Notes

Nordic Technology Hype Timeline

Nordic Technology is now traded for 2.70on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Nordic is forecasted 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 forecasted to be very small, whereas the daily expected return is now at -0.1%. %. The volatility of related hype on Nordic Technology is about 0.0%, with the expected price after the next announcement by competition of 2.70. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be uncertain.
Check out Nordic Technology Basic Forecasting Models to cross-verify your projections.

Nordic Technology Related Hype Analysis

Having access to credible news sources related to Nordic Technology's direct competition is more important than ever and may enhance your ability to predict Nordic Technology's future price movements. Getting to know how Nordic Technology'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 Nordic Technology 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
NTGNordic Technology Group 0.00 0 per month 0.00 (0.05) 2.58 (5.06) 33.97 
NEXTNext Biometrics Group 0.00 0 per month 0.00 (0.22) 2.65 (4.17) 8.88 
ELKElkem ASA 0.00 0 per month 0.00 (0.12) 3.38 (3.71) 12.04 
VOWVow ASA 0.00 0 per month 0.00 (0.19) 7.78 (15.59) 66.61 
NORTHNorth Energy ASA 0.00 0 per month 1.57 (0.06) 2.77 (3.57) 7.51 
AZTArcticzymes Technologies ASA 0.00 0 per month 0.00 (0.23) 4.29 (4.71) 25.36 
EQVAEqva ASA 0.00 0 per month 0.00 (0.06) 6.03 (4.71) 26.86 
XXLXXL ASA 0.00 0 per month 0.00 (0.26) 5.00 (8.54) 72.03 
EQNREquinor ASA 0.00 0 per month 0.00 (0.09) 2.88 (3.22) 8.36 
BAKKAPf Bakkafrost 0.00 0 per month 1.30  0.05  3.00 (2.94) 9.43 

Nordic Technology Additional Predictive Modules

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

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

Story Coverage note for Nordic Technology

The number of cover stories for Nordic Technology depends on current market conditions and Nordic Technology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Nordic Technology 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 Nordic Technology's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Other Information on Investing in Nordic Stock

Nordic Technology financial ratios help investors to determine whether Nordic 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 Nordic with respect to the benefits of owning Nordic Technology security.