Telefonaktiebolaget Stock Forecast - Period Momentum Indicator
ERIC Stock | USD 8.14 0.04 0.49% |
Telefonaktiebolaget Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Telefonaktiebolaget stock prices and determine the direction of Telefonaktiebolaget LM Ericsson's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Telefonaktiebolaget's historical fundamentals, such as revenue growth or operating cash flow patterns.
Telefonaktiebolaget |
Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
(0.04) | (0.04) |
Check Telefonaktiebolaget Volatility | Backtest Telefonaktiebolaget | Information Ratio |
Telefonaktiebolaget Trading Date Momentum
On November 29 2024 Telefonaktiebolaget LM Ericsson was traded for 8.14 at the closing time. The top price for the day was 8.20 and the lowest listed price was 8.11 . The trading volume for the day was 5.7 M. The trading history from November 29, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.25% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Telefonaktiebolaget
For every potential investor in Telefonaktiebolaget, whether a beginner or expert, Telefonaktiebolaget's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Telefonaktiebolaget Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Telefonaktiebolaget. Basic forecasting techniques help filter out the noise by identifying Telefonaktiebolaget's price trends.Telefonaktiebolaget 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 Telefonaktiebolaget stock to make a market-neutral strategy. Peer analysis of Telefonaktiebolaget could also be used in its relative valuation, which is a method of valuing Telefonaktiebolaget by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Telefonaktiebolaget Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Telefonaktiebolaget's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Telefonaktiebolaget's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Telefonaktiebolaget Market Strength Events
Market strength indicators help investors to evaluate how Telefonaktiebolaget stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Telefonaktiebolaget shares will generate the highest return on investment. By undertsting and applying Telefonaktiebolaget stock market strength indicators, traders can identify Telefonaktiebolaget LM Ericsson entry and exit signals to maximize returns.
Telefonaktiebolaget Risk Indicators
The analysis of Telefonaktiebolaget'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 Telefonaktiebolaget's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting telefonaktiebolaget 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 | 1.19 | |||
Semi Deviation | 1.19 | |||
Standard Deviation | 2.06 | |||
Variance | 4.26 | |||
Downside Variance | 1.78 | |||
Semi Variance | 1.43 | |||
Expected Short fall | (1.42) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Telefonaktiebolaget offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Telefonaktiebolaget's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Telefonaktiebolaget Lm Ericsson Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Telefonaktiebolaget Lm Ericsson Stock:Check out Historical Fundamental Analysis of Telefonaktiebolaget to cross-verify your projections. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Telefonaktiebolaget. If investors know Telefonaktiebolaget will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Telefonaktiebolaget listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.707 | Dividend Share 2.7 | Earnings Share (0.04) | Revenue Per Share 74.095 | Quarterly Revenue Growth (0.04) |
The market value of Telefonaktiebolaget is measured differently than its book value, which is the value of Telefonaktiebolaget that is recorded on the company's balance sheet. Investors also form their own opinion of Telefonaktiebolaget's value that differs from its market value or its book value, called intrinsic value, which is Telefonaktiebolaget's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Telefonaktiebolaget's market value can be influenced by many factors that don't directly affect Telefonaktiebolaget's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Telefonaktiebolaget's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telefonaktiebolaget is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telefonaktiebolaget's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.