ADS Maritime (Norway) Price on December 10, 2024
| ADS Stock | NOK 1.92 0.04 2.04% |
If you're considering investing in ADS Stock, it is important to understand the factors that can impact its price. As of today, the current price of ADS Maritime stands at 1.92, as last reported on the 13th of December 2024, with the highest price reaching 1.93 and the lowest price hitting 1.92 during the day. ADS Maritime Holding secures Sharpe Ratio (or Efficiency) of -0.0086, which signifies that the company had a -0.0086% return per unit of risk over the last 3 months. ADS Maritime Holding exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ADS Maritime's mean deviation of 1.38, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
ADS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ADS |
Sharpe Ratio = -0.0086
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Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ADS Maritime is not performing at its full potential. However, 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 ADS Maritime by adding ADS Maritime to a well-diversified portfolio.
ADS Maritime Valuation on December 10, 2024
It is possible to determine the worth of ADS Maritime on a given historical date. On December 10, 2024 ADS was worth 2.02 at the beginning of the trading date compared to the closed value of 2.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ADS Maritime stock. Still, in general, we apply an absolute valuation method to find ADS Maritime's 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 ADS Maritime where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ADS Maritime's related companies.
| Open | High | Low | Close | Volume | |
| 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | |
12/10/2024 | 2.02 | 2.02 | 2.02 | 2.02 | 1,000.00 |
| 1.91 | 1.96 | 1.91 | 1.96 | 111,740 |
| Backtest ADS Maritime | | | ADS Maritime History | | | ADS Maritime Valuation | Previous | Next |
ADS Maritime Trading Date Momentum on December 10, 2024
| On December 11 2024 ADS Maritime Holding was traded for 1.96 at the closing time. The maximum traded price for the trading interval was 1.96 and the lowest daily price was 1.91 . The daily volume was recorded at 111.7 K. The volume of trading on 11th of December 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.97% . The overall trading delta to the closing price today is 4.46% . |
ADS Maritime Holding Fundamentals Correlations and Trends
By evaluating ADS Maritime's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ADS Maritime's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ADS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ADS Maritime Stock history
ADS Maritime 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 ADS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ADS Maritime Holding 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 ADS Maritime stock prices may prove useful in developing a viable investing in ADS Maritime
ADS Maritime Holding Plc operates as a shipping investment company. ADS Crude Carriers Plc was founded in 2018 and is based in Limassol, Cyprus. ADS MARITIME is traded on Oslo Stock Exchange in Norway.
ADS Maritime Stock Technical Analysis
ADS Maritime 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.
Price Boundaries
ADS Maritime Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
ADS Maritime Holding 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.
ADS Maritime December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how ADS Maritime stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ADS Maritime shares will generate the highest return on investment. By undertsting and applying ADS Maritime stock market strength indicators, traders can identify ADS Maritime Holding entry and exit signals to maximize returns
ADS Maritime Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ADS Maritime's price direction in advance. Along with the technical and fundamental analysis of ADS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ADS 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.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.34) |
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Other Information on Investing in ADS Stock
ADS Maritime financial ratios help investors to determine whether ADS 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 ADS with respect to the benefits of owning ADS Maritime security.