STORA ENSO Stock Forecast - Accumulation Distribution
STORA Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of STORA ENSO's historical fundamentals, such as revenue growth or operating cash flow patterns.
STORA |
| Check STORA ENSO Volatility | Backtest STORA ENSO | Information Ratio |
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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STORA ENSO 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 STORA ENSO stock to make a market-neutral strategy. Peer analysis of STORA ENSO could also be used in its relative valuation, which is a method of valuing STORA ENSO by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
STORA ENSO Risk Indicators
The analysis of STORA ENSO's 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 STORA ENSO's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting stora 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.
| Mean Deviation | 1.51 | |||
| Standard Deviation | 1.95 | |||
| Variance | 3.79 |
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 STORA Stock
STORA ENSO financial ratios help investors to determine whether STORA 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 STORA with respect to the benefits of owning STORA ENSO security.