Gjensidige Forsikring Stock Forecast - Day Median Price
| GJF Stock | NOK 185.20 0.40 0.22% |
Gjensidige Stock Forecast is based on your current time horizon.
Gjensidige |
Most investors in Gjensidige Forsikring 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 Gjensidige Forsikring's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Gjensidige Forsikring's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 184.7 | 184.2 |
| Check Gjensidige Forsikring Volatility | Backtest Gjensidige Forsikring | Trend Details |
Gjensidige Forsikring Trading Date Momentum
| On May 21 2024 Gjensidige Forsikring ASA was traded for 181.50 at the closing time. The maximum traded price for the trading interval was 181.60 and the lowest daily price was 174.60 . The daily volume was recorded at 344.6 K. The volume of trading on 21st of May 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.20% . The overall trading delta to the closing price today is 4.68% . |
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Gjensidige Forsikring
For every potential investor in Gjensidige, whether a beginner or expert, Gjensidige Forsikring's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gjensidige Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gjensidige. Basic forecasting techniques help filter out the noise by identifying Gjensidige Forsikring's price trends.Gjensidige Forsikring 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 Gjensidige Forsikring stock to make a market-neutral strategy. Peer analysis of Gjensidige Forsikring could also be used in its relative valuation, which is a method of valuing Gjensidige Forsikring by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gjensidige Forsikring ASA 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 Gjensidige Forsikring'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 Gjensidige Forsikring's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Gjensidige Forsikring Market Strength Events
Market strength indicators help investors to evaluate how Gjensidige Forsikring stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gjensidige Forsikring shares will generate the highest return on investment. By undertsting and applying Gjensidige Forsikring stock market strength indicators, traders can identify Gjensidige Forsikring ASA entry and exit signals to maximize returns.
Gjensidige Forsikring Risk Indicators
The analysis of Gjensidige Forsikring'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 Gjensidige Forsikring's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gjensidige 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 | 1.03 | |||
| Semi Deviation | 1.2 | |||
| Standard Deviation | 1.66 | |||
| Variance | 2.76 | |||
| Downside Variance | 2.03 | |||
| Semi Variance | 1.44 | |||
| Expected Short fall | (1.22) |
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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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Gjensidige Forsikring ASA using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Other Information on Investing in Gjensidige Stock
Gjensidige Forsikring financial ratios help investors to determine whether Gjensidige Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gjensidige with respect to the benefits of owning Gjensidige Forsikring security.