Storebrand ASA Stock Forecast - Daily Balance Of Power
| STB Stock | NOK 121.80 1.70 1.42% |
Storebrand Stock Forecast is based on your current time horizon.
Storebrand |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.2656 | 0.631 |
| Check Storebrand ASA Volatility | Backtest Storebrand ASA | Trend Details |
Storebrand ASA Trading Date Momentum
| On February 16 2023 Storebrand ASA was traded for 77.30 at the closing time. The maximum traded price for the trading interval was 78.33 and the lowest daily price was 77.03 . The daily volume was recorded at 711 K. The volume of trading on 16th of February 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 1.04% . The trading price change to the closing price today is 1.38% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Storebrand ASA to competition |
Other Forecasting Options for Storebrand ASA
For every potential investor in Storebrand, whether a beginner or expert, Storebrand ASA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Storebrand Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Storebrand. Basic forecasting techniques help filter out the noise by identifying Storebrand ASA's price trends.Storebrand ASA 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 Storebrand ASA stock to make a market-neutral strategy. Peer analysis of Storebrand ASA could also be used in its relative valuation, which is a method of valuing Storebrand ASA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Storebrand 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 Storebrand ASA'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 Storebrand ASA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Storebrand ASA Market Strength Events
Market strength indicators help investors to evaluate how Storebrand ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Storebrand ASA shares will generate the highest return on investment. By undertsting and applying Storebrand ASA stock market strength indicators, traders can identify Storebrand ASA entry and exit signals to maximize returns.
Storebrand ASA Risk Indicators
The analysis of Storebrand ASA'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 Storebrand ASA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting storebrand 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 | 0.8521 | |||
| Semi Deviation | 1.16 | |||
| Standard Deviation | 1.17 | |||
| Variance | 1.36 | |||
| Downside Variance | 1.77 | |||
| Semi Variance | 1.36 | |||
| Expected Short fall | (0.90) |
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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Storebrand ASA financial ratios help investors to determine whether Storebrand 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 Storebrand with respect to the benefits of owning Storebrand ASA security.