AB SKF Stock Forecast - Price Action Indicator
| SKF-B Stock | SEK 236.10 0.20 0.08% |
SKF-B Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AB SKF stock prices and determine the direction of AB SKF's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of AB SKF's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of AB SKF to cross-verify your projections. SKF-B |
Most investors in AB SKF cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the AB SKF's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets AB SKF's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| 2.75 | (0.50) |
| Check AB SKF Volatility | Backtest AB SKF | Information Ratio |
AB SKF Trading Date Momentum
| On May 15 2024 AB SKF was traded for 236.10 at the closing time. The highest price during the trading period was 237.80 and the lowest recorded bid was listed for 235.20 . The volume for the day was 795.2 K. This history from May 15, 2024 did not affect price variability. The overall trading delta to the current price is 0.38% . |
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 AB SKF
For every potential investor in SKF-B, whether a beginner or expert, AB SKF's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SKF-B Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SKF-B. Basic forecasting techniques help filter out the noise by identifying AB SKF's price trends.AB SKF 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 AB SKF stock to make a market-neutral strategy. Peer analysis of AB SKF could also be used in its relative valuation, which is a method of valuing AB SKF by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AB SKF 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 AB SKF'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 AB SKF's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
AB SKF Market Strength Events
Market strength indicators help investors to evaluate how AB SKF stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AB SKF shares will generate the highest return on investment. By undertsting and applying AB SKF stock market strength indicators, traders can identify AB SKF entry and exit signals to maximize returns.
| Accumulation Distribution | 8694.14 | |||
| Daily Balance Of Power | (0.08) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 236.5 | |||
| Day Typical Price | 236.37 | |||
| Price Action Indicator | (0.50) | |||
| Period Momentum Indicator | (0.20) |
AB SKF Risk Indicators
The analysis of AB SKF'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 AB SKF's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting skf-b 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 | 0.9598 | |||
| Semi Deviation | 0.8833 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.55 | |||
| Downside Variance | 1.33 | |||
| Semi Variance | 0.7803 | |||
| Expected Short fall | (1.17) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AB SKF in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AB SKF's short interest history, or implied volatility extrapolated from AB SKF options trading.
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Check out Historical Fundamental Analysis of AB SKF to cross-verify your projections. Note that the AB SKF information on this page should be used as a complementary analysis to other AB SKF's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for SKF-B Stock analysis
When running AB SKF's price analysis, check to measure AB SKF's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AB SKF is operating at the current time. Most of AB SKF's value examination focuses on studying past and present price action to predict the probability of AB SKF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AB SKF's price. Additionally, you may evaluate how the addition of AB SKF to your portfolios can decrease your overall portfolio volatility.
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