OBSHX SHIPPING (Norway) Buy Hold or Sell Recommendation

OBSHX
  

 168.98  1.53  0.90%   

Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding OBSHX SHIPPING GR 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 OBSHX positions. The advice algorithm takes into account all of OBSHX SHIPPING's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from OBSHX SHIPPING's buy-and-hold perspective. Please check 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 GR. Macroaxis does not own or have any residual interests in OBSHX SHIPPING GR 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 GR has a Risk Adjusted Performance of 0.6154 and Total Risk Alpha of 3.78
Macroaxis provides advice on OBSHX SHIPPING GR to complement and cross-verify current analyst consensus on OBSHX SHIPPING GR. Our recommendation engine determines the index's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon.

OBSHX SHIPPING Trading Alerts and Improvement Suggestions

OBSHX SHIPPING GR is not yet fully synchronised with the market data
OBSHX SHIPPING GR is way too risky over 90 days horizon
OBSHX SHIPPING GR 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 GR 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 Return2.95Value At Risk-10.64
Potential Upside16.42Standard Deviation6.88
 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 Distribution5.7 M
Daily Balance Of Power(0.42)
Rate Of Daily Change0.99
Day Median Price170.72
Day Typical Price170.14
Price Action Indicator(2.51)

About OBSHX SHIPPING Buy or Sell Advice

When is the right time to buy or sell OBSHX SHIPPING GR? Buying financial instruments such as OBSHX Index isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although OBSHX SHIPPING investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

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 Insurance Thematic Idea Now

Insurance
Insurance Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Insurance theme has 61 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 Insurance Theme or any other thematic opportunities.
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Please check Your Equity Center. Note that the OBSHX SHIPPING GR 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Other Tools for OBSHX Index

When running OBSHX SHIPPING GR 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.
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