NRC Group Stock Forecast - Accumulation Distribution

NRC Stock  NOK 4.96  0.13  2.69%   
NRC Stock Forecast is based on your current time horizon.
  
On September 27, 2024 NRC Group ASA had Accumulation Distribution of 7834.78. The accumulation distribution (A/D) indicator shows the degree to which NRC Group is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of NRC Group ASA to determine if accumulation or reduction is taking place in the market. This value is adjusted by NRC Group trading volume to give more weight to distributions with higher volume over lower volume.
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NRC Group Trading Date Momentum

On September 30 2024 NRC Group ASA was traded for  3.65  at the closing time. The maximum traded price for the trading interval was 3.80  and the lowest daily price was  3.49 . The daily volume was recorded at 181.1 K. The volume of trading on 30th of September 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.08% . The trading delta at closing time to the closing price today is 0.27% .
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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Other Forecasting Options for NRC Group

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

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

NRC Group ASA 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 NRC Group'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 NRC Group's current price.

NRC Group Market Strength Events

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

NRC Group Risk Indicators

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

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