Nedbank Pink Sheet Forecast - Relative Strength Index

NDBKY Stock  USD 16.16  0.14  0.86%   
Nedbank Pink Sheet Forecast is based on your current time horizon.
  
Nedbank Group has current Relative Strength Index of 43.3.
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Nedbank Trading Date Momentum

On December 04 2024 Nedbank Group was traded for  16.16  at the closing time. The highest daily price throughout the period was 16.42  and the lowest price was  16.02 . There was no trading activity during the period 0.0. Lack of trading volume on 12/04/2024 did not cause price change. The trading delta at closing time to current closing price is 0.37% .
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Other Forecasting Options for Nedbank

For every potential investor in Nedbank, whether a beginner or expert, Nedbank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nedbank Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nedbank. Basic forecasting techniques help filter out the noise by identifying Nedbank's price trends.

Nedbank 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 Nedbank pink sheet to make a market-neutral strategy. Peer analysis of Nedbank could also be used in its relative valuation, which is a method of valuing Nedbank by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Nedbank Group Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Nedbank'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 Nedbank's current price.

Nedbank Market Strength Events

Market strength indicators help investors to evaluate how Nedbank pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nedbank shares will generate the highest return on investment. By undertsting and applying Nedbank pink sheet market strength indicators, traders can identify Nedbank Group entry and exit signals to maximize returns.

Nedbank Risk Indicators

The analysis of Nedbank'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 Nedbank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nedbank pink sheet 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.
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.

Additional Tools for Nedbank Pink Sheet Analysis

When running Nedbank's price analysis, check to measure Nedbank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nedbank is operating at the current time. Most of Nedbank's value examination focuses on studying past and present price action to predict the probability of Nedbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nedbank's price. Additionally, you may evaluate how the addition of Nedbank to your portfolios can decrease your overall portfolio volatility.