FREYR Battery Stock Forecast - Day Typical Price
| FREY Stock | USD 1.62 0.03 1.82% |
FREYR Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast FREYR Battery stock prices and determine the direction of FREYR Battery SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of FREYR Battery's historical fundamentals, such as revenue growth or operating cash flow patterns. Although FREYR Battery's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of FREYR Battery's systematic risk associated with finding meaningful patterns of FREYR Battery fundamentals over time.
Check out Historical Fundamental Analysis of FREYR Battery to cross-verify your projections. FREYR |
Open Interest Against 2024-04-19 FREYR Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast FREYR Battery's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in FREYR Battery's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for FREYR Battery stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current FREYR Battery's open interest, investors have to compare it to FREYR Battery's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of FREYR Battery is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in FREYR. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in FREYR Battery 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 FREYR Battery's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets FREYR Battery's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 1.69 | 1.63 |
| Check FREYR Battery Volatility | Backtest FREYR Battery | Information Ratio |
FREYR Battery Trading Date Momentum
| On April 19 2024 FREYR Battery SA was traded for 1.62 at the closing time. The top price for the day was 1.69 and the lowest listed price was 1.58 . The trading volume for the day was 1.1 M. The trading history from April 19, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.62% . |
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.
| Compare FREYR Battery to competition |
Other Forecasting Options for FREYR Battery
For every potential investor in FREYR, whether a beginner or expert, FREYR Battery's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FREYR Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FREYR. Basic forecasting techniques help filter out the noise by identifying FREYR Battery's price trends.FREYR Battery 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 FREYR Battery stock to make a market-neutral strategy. Peer analysis of FREYR Battery could also be used in its relative valuation, which is a method of valuing FREYR Battery by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
FREYR Battery SA 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 FREYR Battery'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 FREYR Battery's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
FREYR Battery Market Strength Events
Market strength indicators help investors to evaluate how FREYR Battery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FREYR Battery shares will generate the highest return on investment. By undertsting and applying FREYR Battery stock market strength indicators, traders can identify FREYR Battery SA entry and exit signals to maximize returns.
| Accumulation Distribution | 71218.69 | |||
| Daily Balance Of Power | (0.27) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 1.64 | |||
| Day Typical Price | 1.63 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.03) |
FREYR Battery Risk Indicators
The analysis of FREYR Battery'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 FREYR Battery's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting freyr 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 | 4.38 | |||
| Semi Deviation | 4.27 | |||
| Standard Deviation | 5.44 | |||
| Variance | 29.57 | |||
| Downside Variance | 21.46 | |||
| Semi Variance | 18.26 | |||
| Expected Short fall | (5.72) |
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 FREYR Battery 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, FREYR Battery's short interest history, or implied volatility extrapolated from FREYR Battery options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of FREYR Battery to cross-verify your projections. Note that the FREYR Battery SA information on this page should be used as a complementary analysis to other FREYR Battery'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for FREYR Stock analysis
When running FREYR Battery's price analysis, check to measure FREYR Battery'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 FREYR Battery is operating at the current time. Most of FREYR Battery's value examination focuses on studying past and present price action to predict the probability of FREYR Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FREYR Battery's price. Additionally, you may evaluate how the addition of FREYR Battery to your portfolios can decrease your overall portfolio volatility.
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Is FREYR Battery's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FREYR Battery. If investors know FREYR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FREYR Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Return On Assets (0.11) | Return On Equity (0.11) |
The market value of FREYR Battery SA is measured differently than its book value, which is the value of FREYR that is recorded on the company's balance sheet. Investors also form their own opinion of FREYR Battery's value that differs from its market value or its book value, called intrinsic value, which is FREYR Battery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FREYR Battery's market value can be influenced by many factors that don't directly affect FREYR Battery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FREYR Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if FREYR Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FREYR Battery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.