OBSHX SHIPPING (Norway) Buy Hold or Sell Recommendation

OBSHP
  

 102.51  3.10  3.12%   

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

Execute OBSHX SHIPPING Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell OBSHX SHIPPINGBuy OBSHX SHIPPING
Not Rated
For the selected time horizon OBSHX SHIPPING PR has a Risk Adjusted Performance of 0.6379 and Total Risk Alpha of 5.3

OBSHX SHIPPING Trading Alerts and Improvement Suggestions

OBSHX SHIPPING PR is not yet fully synchronised with the market data
OBSHX SHIPPING PR is way too risky over 90 days horizon
OBSHX SHIPPING PR appears to be risky and price may revert if volatility continues

OBSHX SHIPPING Returns Distribution Density

The distribution of OBSHX SHIPPING's historical returns is an attempt to chart the future uncertainty of OBSHX SHIPPING's future price movements. The chart of the probability distribution of OBSHX SHIPPING stock daily returns describes the distribution of returns around its average expected value. We use OBSHX SHIPPING PR price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of OBSHX SHIPPING returns is essential to provide solid investment advice for OBSHX SHIPPING stock.
Mean Return4.07Value At Risk-9.79
Potential Upside16.26Standard Deviation9.17
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of OBSHX SHIPPING 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.

OBSHX SHIPPING Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as OBSHX . 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 Distribution0.0354
Daily Balance Of Power(1.64)
Rate Of Daily Change0.94
Day Median Price98.01
Day Typical Price97.57
Market Facilitation Index3.53
Price Action Indicator(4.20)

Use Investing Ideas to Build Portfolios

In addition to having OBSHX SHIPPING 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 Health Management Thematic Idea Now

Health Management
Health Management Theme
Major hospitals and healthcare providers. The Health Management theme has 30 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 Health Management Theme or any other thematic opportunities.
View All  Next Launch Health Management
Check out Your Equity Center. Note that the OBSHX SHIPPING PR information on this page should be used as a complementary analysis to other OBSHX SHIPPING'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 Global Correlations module to find global opportunities by holding instruments from different markets.

Other Tools for OBSHX Index

When running OBSHX SHIPPING PR price analysis, check to measure OBSHX SHIPPING'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 OBSHX SHIPPING is operating at the current time. Most of OBSHX SHIPPING's value examination focuses on studying past and present price action to predict the probability of OBSHX SHIPPING's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OBSHX SHIPPING's price. Additionally, you may evaluate how the addition of OBSHX SHIPPING to your portfolios can decrease your overall portfolio volatility.
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go