Grong Sparebank Stock Forecast - Price Action Indicator
| GRONG Stock | NOK 151.80 1.84 1.23% |
Grong Stock Forecast is based on your current time horizon.
Grong |
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Grong Sparebank Trading Date Momentum
| On December 04 2024 Grong Sparebank was traded for 151.80 at the closing time. The highest price during the trading period was 151.80 and the lowest recorded bid was listed for 151.80 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not cause price change. The overall trading delta to the current price is 0.00% . |
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 Grong Sparebank
For every potential investor in Grong, whether a beginner or expert, Grong Sparebank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Grong Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Grong. Basic forecasting techniques help filter out the noise by identifying Grong Sparebank's price trends.Grong Sparebank 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 Grong Sparebank stock to make a market-neutral strategy. Peer analysis of Grong Sparebank could also be used in its relative valuation, which is a method of valuing Grong Sparebank by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Grong Sparebank 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 Grong Sparebank'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 Grong Sparebank's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Grong Sparebank Market Strength Events
Market strength indicators help investors to evaluate how Grong Sparebank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grong Sparebank shares will generate the highest return on investment. By undertsting and applying Grong Sparebank stock market strength indicators, traders can identify Grong Sparebank entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 151.8 | |||
| Day Typical Price | 151.8 | |||
| Price Action Indicator | 0.92 | |||
| Period Momentum Indicator | 1.84 | |||
| Relative Strength Index | 55.3 |
Grong Sparebank Risk Indicators
The analysis of Grong Sparebank'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 Grong Sparebank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting grong 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 | 0.5544 | |||
| Semi Deviation | 0.8662 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.15 | |||
| Downside Variance | 2.44 | |||
| Semi Variance | 0.7503 | |||
| Expected Short fall | (1.00) |
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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Grong Sparebank financial ratios help investors to determine whether Grong 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 Grong with respect to the benefits of owning Grong Sparebank security.