Byggma Stock Forecast - Price Action Indicator

BMA Stock  NOK 15.05  0.05  0.33%   
Byggma Stock Forecast is based on your current time horizon.
  
On December 19, 2024 Byggma had Price Action Indicator of 0.55. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Byggma Trading Date Momentum

On December 20 2024 Byggma was traded for  15.20  at the closing time. The maximum traded price for the trading interval was 16.00  and the lowest daily price was  15.00 . The daily volume was recorded at 5.5 K. The volume of trading on 20th of December 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 1.00% . The overall trading delta to the closing price today is 0.33% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Byggma

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

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

Byggma 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 Byggma'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 Byggma's current price.

Byggma Market Strength Events

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

Byggma Risk Indicators

The analysis of Byggma'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 Byggma's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting byggma 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.
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 Byggma Stock

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