OBX BASIC (Norway) Buy Hold or Sell Recommendation


 153.84  1.93  1.24%   

Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding OBX BASIC MAT NR is 'Not Rated'. Macroaxis provides OBX BASIC buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OBMN positions. The advice algorithm takes into account all of OBX BASIC's available fundamental, technical, and predictive indicators you will find on this site.
The advice is provided from OBX BASIC's buy-and-hold perspective. Check out Your Equity Center.

Execute OBX BASIC Buy or Sell Advice

The OBX BASIC recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on OBX BASIC MAT NR. Macroaxis does not own or have any residual interests in OBX BASIC MAT NR or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute OBX BASIC's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Not Rated
For the selected time horizon OBX BASIC MAT NR has a Risk Adjusted Performance of (0.07) and Total Risk Alpha of 0.897

OBX BASIC Trading Alerts and Improvement Suggestions

OBX BASIC MAT is not yet fully synchronised with the market data
OBX BASIC MAT generated a negative expected return over the last 90 days
OBX BASIC MAT has high historical volatility and very poor performance

OBX BASIC Returns Distribution Density

The distribution of OBX BASIC's historical returns is an attempt to chart the future uncertainty of OBX BASIC's future price movements. The chart of the probability distribution of OBX BASIC stock daily returns describes the distribution of returns around its average expected value. We use OBX BASIC MAT NR price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of OBX BASIC returns is essential to provide solid investment advice for OBX BASIC stock.
Mean Return-0.58Value At Risk-18.61
Potential Upside11.20Standard Deviation10.96
 Return Density 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of OBX BASIC historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

OBX BASIC Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as OBX BASIC . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution0.0249
Daily Balance Of Power(3.49)
Rate Of Daily Change0.92
Day Median Price140.48
Day Typical Price140.81
Market Facilitation Index3.54
Price Action Indicator(5.20)

Use Investing Ideas to Build Portfolios

In addition to having OBX BASIC in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Macroaxis Index Thematic Idea Now

Macroaxis Index
Macroaxis Index Theme
An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 51 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Macroaxis Index Theme or any other thematic opportunities.
View All  Next Launch Macroaxis Index
Check out Your Equity Center. Note that the OBX BASIC MAT information on this page should be used as a complementary analysis to other OBX BASIC'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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Other Tools for OBX BASIC Index

When running OBX BASIC MAT price analysis, check to measure OBX BASIC'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 OBX BASIC is operating at the current time. Most of OBX BASIC's value examination focuses on studying past and present price action to predict the probability of OBX BASIC's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OBX BASIC's price. Additionally, you may evaluate how the addition of OBX BASIC to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like