Odfjell B Stock Forecast - Day Typical Price

ODFB Stock  NOK 113.50  2.00  1.79%   
Odfjell Stock Forecast is based on your current time horizon.
  
On December 6, 2024 Odfjell B had Day Typical Price of 108.5. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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Odfjell B Trading Date Momentum

On December 09 2024 Odfjell B was traded for  108.50  at the closing time. The highest price during the trading period was 110.50  and the lowest recorded bid was listed for  107.50 . The volume for the day was 8.7 K. This history from December 9, 2024 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 0.46% . The trading delta at closing time to the current price is 0.00% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Odfjell B

For every potential investor in Odfjell, whether a beginner or expert, Odfjell B'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 B's price trends.

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

Odfjell B 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 B'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 B's current price.

Odfjell B Market Strength Events

Market strength indicators help investors to evaluate how Odfjell B 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 B shares will generate the highest return on investment. By undertsting and applying Odfjell B stock market strength indicators, traders can identify Odfjell B entry and exit signals to maximize returns.

Odfjell B Risk Indicators

The analysis of Odfjell B'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 B'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 B 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 B security.