Arctic Fish (Norway) Price on November 29, 2024
| AFISH Stock | NOK 70.00 2.00 2.78% |
If you're considering investing in Arctic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Arctic Fish stands at 70.00, as last reported on the 11th of December 2024, with the highest price reaching 72.00 and the lowest price hitting 68.00 during the day. Arctic Fish appears to be very steady, given 3 months investment horizon. Arctic Fish Holding secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. By analyzing Arctic Fish's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please makes use of Arctic Fish's risk adjusted performance of 0.1232, and Mean Deviation of 3.29 to double-check if our risk estimates are consistent with your expectations.
Arctic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Arctic |
Sharpe Ratio = 0.1714
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Estimated Market Risk
| 4.27 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Arctic Fish is performing at about 13% 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 Arctic Fish by adding it to a well-diversified portfolio.
Arctic Fish Valuation on November 29, 2024
It is possible to determine the worth of Arctic Fish on a given historical date. On November 29, 2024 Arctic was worth 71.0 at the beginning of the trading date compared to the closed value of 71.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arctic Fish stock. Still, in general, we apply an absolute valuation method to find Arctic Fish'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 Arctic Fish where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arctic Fish's related companies.
| Open | High | Low | Close | Volume | |
| 70.00 | 70.00 | 70.00 | 70.00 | 46.00 | |
11/29/2024 | 71.00 | 71.00 | 71.00 | 71.00 | 2,354 |
| 71.00 | 71.00 | 71.00 | 71.00 | 1.00 |
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Arctic Fish Trading Date Momentum on November 29, 2024
| On December 02 2024 Arctic Fish Holding was traded for 71.00 at the closing time. The highest price during the trading period was 71.00 and the lowest recorded bid was listed for 71.00 . There was no trading activity during the period 1.0. Lack of trading volume on December 2, 2024 did not affect price variability. The overall trading delta to the current price is 1.41% . |
Arctic Fish Holding Fundamentals Correlations and Trends
By evaluating Arctic Fish'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 Arctic Fish's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arctic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arctic Fish Stock history
Arctic Fish 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 Arctic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arctic Fish 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 Arctic Fish stock prices may prove useful in developing a viable investing in Arctic Fish
Arctic Fish Holding AS, together with its subsidiaries, engages in the salmon farming activities in Iceland. The company was founded in 2011 and is based in safjrur, Iceland. ARCTIC FISH is traded on Oslo Stock Exchange in Norway.
Arctic Fish Stock Technical Analysis
Arctic Fish 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
Arctic Fish Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Arctic Fish 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.
Arctic Fish December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Arctic Fish stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arctic Fish shares will generate the highest return on investment. By undertsting and applying Arctic Fish stock market strength indicators, traders can identify Arctic Fish Holding entry and exit signals to maximize returns
Arctic Fish Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arctic Fish's price direction in advance. Along with the technical and fundamental analysis of Arctic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arctic 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 | 0.1232 | |||
| Jensen Alpha | 0.7051 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1554 | |||
| Treynor Ratio | (2.20) |
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Other Information on Investing in Arctic Stock
Arctic Fish financial ratios help investors to determine whether Arctic 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 Arctic with respect to the benefits of owning Arctic Fish security.