2020 Bulkers (Norway) Price on September 17, 2024

2020 Stock  NOK 138.10  1.30  0.95%   
If you're considering investing in 2020 Stock, it is important to understand the factors that can impact its price. As of today, the current price of 2020 Bulkers stands at 138.10, as last reported on the 23rd of November, with the highest price reaching 138.40 and the lowest price hitting 136.40 during the day. As of now, 2020 Stock is very steady. 2020 Bulkers retains Efficiency (Sharpe Ratio) of 0.0199, which signifies that the company had a 0.0199% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for 2020 Bulkers, which you can use to evaluate the volatility of the entity. Please confirm 2020 Bulkers' Coefficient Of Variation of 3091.51, market risk adjusted performance of 0.1981, and Standard Deviation of 2.05 to double-check if the risk estimate we provide is consistent with the expected return of 0.041%.
  
2020 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0199

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Estimated Market Risk

 2.06
  actual daily
18
82% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average 2020 Bulkers is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of 2020 Bulkers by adding it to a well-diversified portfolio.

2020 Bulkers Valuation on September 17, 2024

It is possible to determine the worth of 2020 Bulkers on a given historical date. On September 17, 2024 2020 was worth 138.17 at the beginning of the trading date compared to the closed value of 137.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 2020 Bulkers stock. Still, in general, we apply an absolute valuation method to find 2020 Bulkers' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of 2020 Bulkers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 2020 Bulkers' related companies.
 Open High Low Close Volume
  139.49    140.89    137.70    139.29    42,280  
09/17/2024
  138.17    140.16    136.97    137.57    45,912  
  137.77    139.46    136.37    139.26    36,901  
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Open Value
138.17
132.00
Downside
137.57
Closing Value
144.34
Upside

2020 Bulkers Trading Date Momentum on September 17, 2024

On September 18 2024 2020 Bulkers was traded for  139.26  at the closing time. The highest price during the trading period was 139.46  and the lowest recorded bid was listed for  136.37 . The volume for the day was 36.9 K. This history from September 18, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 1.23% . The daily price change to the current price is 10.51% .

2020 Bulkers Fundamentals Correlations and Trends

By evaluating 2020 Bulkers' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among 2020 Bulkers' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 2020 financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About 2020 Bulkers Stock history

2020 Bulkers investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for 2020 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 2020 Bulkers will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing 2020 Bulkers stock prices may prove useful in developing a viable investing in 2020 Bulkers
2020 Bulkers Ltd owns and operates large dry bulk vessels worldwide. The company operates eight scrubber fitted 208,000 deadweight tonnage Newcastlemax dry bulk carriers. 2020 Bulkers Ltd was incorporated in 2017 and is based in Hamilton, Bermuda. 2020 BULKERS operates under Marine Shipping classification in Norway and is traded on Oslo Stock Exchange. It employs 5 people.

2020 Bulkers Stock Technical Analysis

2020 Bulkers technical 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 2020 Bulkers technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 2020 Bulkers 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...

Price Boundaries

2020 Bulkers Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

2020 Bulkers cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

2020 Bulkers November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how 2020 Bulkers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 2020 Bulkers shares will generate the highest return on investment. By undertsting and applying 2020 Bulkers stock market strength indicators, traders can identify 2020 Bulkers entry and exit signals to maximize returns

2020 Bulkers Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for 2020 Bulkers' price direction in advance. Along with the technical and fundamental analysis of 2020 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 2020 to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in 2020 Stock

2020 Bulkers financial ratios help investors to determine whether 2020 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 2020 with respect to the benefits of owning 2020 Bulkers security.