Nedbank Pink Sheet Forecast - Day Typical Price
| NDBKY Stock | USD 12.31 0.25 2.07% |
Nedbank Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nedbank stock prices and determine the direction of Nedbank Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nedbank's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Nedbank to cross-verify your projections. Nedbank |
Most investors in Nedbank 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 Nedbank's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Nedbank'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 |
| 12.19 | 12.28 |
| Check Nedbank Volatility | Backtest Nedbank | Information Ratio |
Nedbank Trading Date Momentum
| On May 02 2024 Nedbank Group was traded for 12.31 at the closing time. The highest daily price throughout the period was 12.31 and the lowest price was 12.23 . The daily volume was 7.1 K. The net trading volume on 05/02/2024 did not cause price change. The trading delta at closing time to current closing price is 0.41% . |
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 Nedbank
For every potential investor in Nedbank, whether a beginner or expert, Nedbank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nedbank Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nedbank. Basic forecasting techniques help filter out the noise by identifying Nedbank's price trends.Nedbank 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 Nedbank pink sheet to make a market-neutral strategy. Peer analysis of Nedbank could also be used in its relative valuation, which is a method of valuing Nedbank by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nedbank Group Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Nedbank'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 Nedbank's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Nedbank Market Strength Events
Market strength indicators help investors to evaluate how Nedbank pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nedbank shares will generate the highest return on investment. By undertsting and applying Nedbank pink sheet market strength indicators, traders can identify Nedbank Group entry and exit signals to maximize returns.
Nedbank Risk Indicators
The analysis of Nedbank'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 Nedbank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nedbank pink sheet 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 | 1.37 | |||
| Semi Deviation | 1.62 | |||
| Standard Deviation | 1.74 | |||
| Variance | 3.01 | |||
| Downside Variance | 3.37 | |||
| Semi Variance | 2.61 | |||
| Expected Short fall | (1.43) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Nedbank to cross-verify your projections. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Nedbank Pink Sheet analysis
When running Nedbank's price analysis, check to measure Nedbank'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 Nedbank is operating at the current time. Most of Nedbank's value examination focuses on studying past and present price action to predict the probability of Nedbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nedbank's price. Additionally, you may evaluate how the addition of Nedbank to your portfolios can decrease your overall portfolio volatility.
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