Odfjell SE Stock Forecast - Accumulation Distribution

ODF Stock  NOK 107.00  2.60  2.49%   
Odfjell Stock Forecast is based on your current time horizon.
  
On September 30, 2024 Odfjell SE had Accumulation Distribution of 362.26. The accumulation distribution (A/D) indicator shows the degree to which Odfjell SE is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Odfjell SE to determine if accumulation or reduction is taking place in the market. This value is adjusted by Odfjell SE trading volume to give more weight to distributions with higher volume over lower volume.
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Odfjell SE Trading Date Momentum

On October 01 2024 Odfjell SE was traded for  141.20  at the closing time. The maximum traded price for the trading interval was 142.80  and the lowest daily price was  140.00 . The daily volume was recorded at 31.5 K. The volume of trading on 1st of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.42% . The trading delta at closing time to the closing price today is 5.50% .
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 Odfjell SE

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

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

Odfjell SE 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 Odfjell SE'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 Odfjell SE's current price.

Odfjell SE Market Strength Events

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

Odfjell SE Risk Indicators

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

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