Nokia Oyj Stock Forecast - Accumulation Distribution
| NOKIA Stock | EUR 3.57 0.01 0.28% |
Nokia Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nokia Oyj stock prices and determine the direction of Nokia Oyj's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nokia Oyj's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Nokia Oyj to cross-verify your projections. Nokia |
Most investors in Nokia Oyj 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 Nokia Oyj's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Nokia Oyj's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Nokia Oyj is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Nokia Oyj to determine if accumulation or reduction is taking place in the market. This value is adjusted by Nokia Oyj trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 96575.9 | 0.0167 |
| Check Nokia Oyj Volatility | Backtest Nokia Oyj | Information Ratio |
Nokia Oyj Trading Date Momentum
| On May 29 2024 Nokia Oyj was traded for 3.57 at the closing time. The highest price during the trading period was 3.59 and the lowest recorded bid was listed for 3.53 . There was no trading activity during the period 0.0. Lack of trading volume on May 29, 2024 did not cause price change. The trading delta at closing time to the current price is 0.56% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Nokia Oyj to competition |
Other Forecasting Options for Nokia Oyj
For every potential investor in Nokia, whether a beginner or expert, Nokia Oyj's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nokia Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nokia. Basic forecasting techniques help filter out the noise by identifying Nokia Oyj's price trends.Nokia Oyj 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 Nokia Oyj stock to make a market-neutral strategy. Peer analysis of Nokia Oyj could also be used in its relative valuation, which is a method of valuing Nokia Oyj by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nokia Oyj 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 Nokia Oyj'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 Nokia Oyj's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Nokia Oyj Market Strength Events
Market strength indicators help investors to evaluate how Nokia Oyj stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nokia Oyj shares will generate the highest return on investment. By undertsting and applying Nokia Oyj stock market strength indicators, traders can identify Nokia Oyj entry and exit signals to maximize returns.
Nokia Oyj Risk Indicators
The analysis of Nokia Oyj'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 Nokia Oyj's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nokia 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 | 1.0 | |||
| Semi Deviation | 1.24 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.27 | |||
| Downside Variance | 2.81 | |||
| Semi Variance | 1.54 | |||
| Expected Short fall | (1.15) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of Nokia Oyj to cross-verify your projections. Note that the Nokia Oyj information on this page should be used as a complementary analysis to other Nokia Oyj'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Nokia Stock analysis
When running Nokia Oyj's price analysis, check to measure Nokia Oyj'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 Nokia Oyj is operating at the current time. Most of Nokia Oyj's value examination focuses on studying past and present price action to predict the probability of Nokia Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nokia Oyj's price. Additionally, you may evaluate how the addition of Nokia Oyj to your portfolios can decrease your overall portfolio volatility.
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