Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Equinor ASA is 'Sell'. Macroaxis provides Equinor ASA buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EQNR positions. The advice algorithm takes into account all of Equinor ASA available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from EQNR buy-and-hold prospective. Additionally see Equinor ASA Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Equinor ASA has a mean deviation of 0.9671, semi deviation of 0.0, standard deviation of 1.39, variance of 1.93, downside variance of 0.0 and semi variance of 0.0Our buy or sell advice tool can be used to cross verify current analyst consensus on Equinor ASA and to analyze the company potential to grow in the current economic cycle. To make sure Equinor ASA is not overpriced, please confirm all Equinor ASA fundamentals including its EBITDA, Earnings Per Share, Five Year Return, as well as the relationship between Debt to Equity and Total Asset . Given that Equinor ASA has Price to Earning of 6.68X, we urge you verify Equinor ASA market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
Equinor ASA Trading Alerts and Improvement Suggestions
Equinor ASA exhibits very low volatility with skewness of -0.43 and kurtosis of 1.99. However, we advise investors to further study Equinor ASA technical indicators to make sure all market info is available and is reliable.