EQUINOR OTC Stock Market Value

STOHF -  USA Stock  

USD 34.74  0.39  1.14%

EQUINOR ASA's market value is the price at which a share of EQUINOR ASA stock trades on a public exchange. It measures the collective expectations of EQUINOR ASA investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of EQUINOR ASA and determine expected loss or profit from investing in EQUINOR ASA over a given investment horizon. Additionally, take a look at EQUINOR ASA Hype Analysis, EQUINOR ASA Correlation, EQUINOR ASA Valuation, EQUINOR ASA Volatility, as well as analyze EQUINOR ASA Alpha and Beta and EQUINOR ASA Performance.
Symbol
Backtest


Is EQUINOR ASA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EQUINOR ASA. If investors know EQUINOR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EQUINOR ASA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of EQUINOR ASA is measured differently than its book value, which is the value of EQUINOR that is recorded on the company's balance sheet. Investors also form their own opinion of EQUINOR ASA's value that differs from its market value or its book value, called intrinsic value, which is EQUINOR ASA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EQUINOR ASA's market value can be influenced by many factors that don't directly affect EQUINOR ASA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EQUINOR ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine EQUINOR ASA value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EQUINOR ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

EQUINOR ASA 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to EQUINOR ASA's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of EQUINOR ASA.
0.00
04/19/2022
No Change 0.00  0.0 
In 31 days
05/19/2022
0.00
If you would invest  0.00  in EQUINOR ASA on April 19, 2022 and sell it all today you would earn a total of 0.00 from holding EQUINOR ASA or generate 0.0% return on investment in EQUINOR ASA over 30 days. EQUINOR ASA is related to or competes with Chevron Corp, Exxon, and Petrochina. Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petro...

EQUINOR ASA Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure EQUINOR ASA's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess EQUINOR ASA upside and downside potential and time the market with a certain degree of confidence.

EQUINOR ASA Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for EQUINOR ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EQUINOR ASA's standard deviation. In reality, there are many statistical measures that can use EQUINOR ASA historical prices to predict the future EQUINOR ASA's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of EQUINOR ASA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of EQUINOR ASA in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
31.7634.4637.16
Details
Intrinsic
Valuation
LowReal ValueHigh
29.0931.7938.21
Details
Naive
Forecast
LowNext ValueHigh
34.4737.1739.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.5632.5539.54
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as EQUINOR ASA. Your research has to be compared to or analyzed against EQUINOR ASA's peers to derive any actionable benefits. When done correctly, EQUINOR ASA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in EQUINOR ASA.

EQUINOR ASA Backtested Returns

EQUINOR ASA appears to be very steady, given 3 months investment horizon. EQUINOR ASA secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had 0.12% of return per unit of volatility over the last 3 months. Our approach towards predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for EQUINOR ASA, which you can use to evaluate the future volatility of the firm. Please utilize EQUINOR ASA's Mean Deviation of 2.39, downside deviation of 3.39, and Market Risk Adjusted Performance of 0.9416 to check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, EQUINOR ASA holds a performance score of 8. The firm shows a Beta (market volatility) of 0.2561, which means not very significant fluctuations relative to the market. Let's try to break down what EQUINOR's beta means in this case. As returns on the market increase, EQUINOR ASA returns are expected to increase less than the market. However, during the bear market, the loss on holding EQUINOR ASA will be expected to be smaller as well. Although it is vital to follow EQUINOR ASA historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The approach towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating EQUINOR ASA technical indicators, you can now evaluate if the expected return of 0.35% will be sustainable into the future. Please utilizes EQUINOR ASA potential upside, as well as the relationship between the skewness and rate of daily change to make a quick decision on whether EQUINOR ASA price patterns will revert.

Auto-correlation

    
  0.53  

Modest predictability

EQUINOR ASA has modest predictability. Overlapping area represents the amount of predictability between EQUINOR ASA time series from 19th of April 2022 to 4th of May 2022 and 4th of May 2022 to 19th of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of EQUINOR ASA price movement. The serial correlation of 0.53 indicates that about 53.0% of current EQUINOR ASA price fluctuation can be explain by its past prices.
Correlation Coefficient0.53
Spearman Rank Test0.32
Residual Average0.0
Price Variance0.91

EQUINOR ASA lagged returns against current returns

Autocorrelation, which is EQUINOR ASA otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting EQUINOR ASA's otc stock expected returns. We can calculate the autocorrelation of EQUINOR ASA returns to help us make a trade decision. For example, suppose you find that EQUINOR ASA otc stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

EQUINOR ASA regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If EQUINOR ASA otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EQUINOR ASA otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EQUINOR ASA otc stock over time.
 Current vs Lagged Prices 
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      Timeline 

EQUINOR ASA Lagged Returns

When evaluating EQUINOR ASA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EQUINOR ASA otc stock have on its future price. EQUINOR ASA autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, EQUINOR ASA autocorrelation shows the relationship between EQUINOR ASA otc stock current value and its past values and can show if there is a momentum factor associated with investing in EQUINOR ASA.
 Regressed Prices 
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      Timeline 

EQUINOR ASA Investors Sentiment

The influence of EQUINOR ASA's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in EQUINOR. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EQUINOR ASA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EQUINOR ASA's short interest history, or implied volatility extrapolated from EQUINOR ASA options trading.

Current Sentiment - STOHF

EQUINOR ASA Investor Sentiment

Macroaxis portfolio users are evenly split in their outlook on investing in EQUINOR ASA. What is your opinion about investing in EQUINOR ASA? Are you bullish or bearish?
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Additionally, take a look at EQUINOR ASA Hype Analysis, EQUINOR ASA Correlation, EQUINOR ASA Valuation, EQUINOR ASA Volatility, as well as analyze EQUINOR ASA Alpha and Beta and EQUINOR ASA Performance. Note that the EQUINOR ASA information on this page should be used as a complementary analysis to other EQUINOR ASA'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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for EQUINOR OTC Stock analysis

When running EQUINOR ASA price analysis, check to measure EQUINOR ASA'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 EQUINOR ASA is operating at the current time. Most of EQUINOR ASA's value examination focuses on studying past and present price action to predict the probability of EQUINOR ASA's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move EQUINOR ASA's price. Additionally, you may evaluate how the addition of EQUINOR ASA to your portfolios can decrease your overall portfolio volatility.
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EQUINOR ASA technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of EQUINOR ASA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of EQUINOR ASA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...