DFDS AS Stock Forecast - Period Momentum Indicator
| DFDS Stock | DKK 214.20 0.80 0.37% |
DFDS Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast DFDS AS stock prices and determine the direction of DFDS AS's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of DFDS AS's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of DFDS AS to cross-verify your projections. DFDS |
Most investors in DFDS AS 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 DFDS AS's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets DFDS AS's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (0.80) | (0.80) |
| Check DFDS AS Volatility | Backtest DFDS AS | Information Ratio |
DFDS AS Trading Date Momentum
| On April 30 2024 DFDS AS was traded for 214.20 at the closing time. The highest price during the trading period was 215.80 and the lowest recorded bid was listed for 213.40 . The volume for the day was 76.4 K. This history from April 30, 2024 did not affect price variability. The overall trading delta to the current price is 0.37% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare DFDS AS to competition |
Other Forecasting Options for DFDS AS
For every potential investor in DFDS, whether a beginner or expert, DFDS AS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. DFDS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in DFDS. Basic forecasting techniques help filter out the noise by identifying DFDS AS's price trends.DFDS AS 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 DFDS AS stock to make a market-neutral strategy. Peer analysis of DFDS AS could also be used in its relative valuation, which is a method of valuing DFDS AS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
DFDS AS 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 DFDS AS'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 DFDS AS's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
DFDS AS Market Strength Events
Market strength indicators help investors to evaluate how DFDS AS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DFDS AS shares will generate the highest return on investment. By undertsting and applying DFDS AS stock market strength indicators, traders can identify DFDS AS entry and exit signals to maximize returns.
| Accumulation Distribution | 850.14 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 214.6 | |||
| Day Typical Price | 214.47 | |||
| Price Action Indicator | (0.80) | |||
| Period Momentum Indicator | (0.80) | |||
| Relative Strength Index | 51.58 |
DFDS AS Risk Indicators
The analysis of DFDS AS'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 DFDS AS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dfds 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 | 1.13 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.28 |
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 DFDS AS 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, DFDS AS's short interest history, or implied volatility extrapolated from DFDS AS options trading.
Pair Trading with DFDS AS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DFDS AS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DFDS AS will appreciate offsetting losses from the drop in the long position's value.Moving together with DFDS Stock
| 0.86 | SBS | Scandinavian Brake | PairCorr |
| 0.8 | SPENN | SPENN Technology | PairCorr |
Moving against DFDS Stock
| 0.91 | CBRAIN | cBrain AS Earnings Call This Week | PairCorr |
| 0.8 | PNDORA | Pandora AS Earnings Call Tomorrow | PairCorr |
| 0.52 | MONSO | Monsenso AS | PairCorr |
| 0.46 | BOOZT-DKK | Boozt AB | PairCorr |
The ability to find closely correlated positions to DFDS AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DFDS AS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DFDS AS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DFDS AS to buy it.
The correlation of DFDS AS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DFDS AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DFDS AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DFDS AS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of DFDS AS to cross-verify your projections. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for DFDS Stock analysis
When running DFDS AS's price analysis, check to measure DFDS AS'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 DFDS AS is operating at the current time. Most of DFDS AS's value examination focuses on studying past and present price action to predict the probability of DFDS AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DFDS AS's price. Additionally, you may evaluate how the addition of DFDS AS to your portfolios can decrease your overall portfolio volatility.
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