Aker ASA (Norway) Price on April 21, 2023
| AKER Stock | NOK 567.00 12.00 2.07% |
If you're considering investing in Aker Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aker ASA stands at 567.00, as last reported on the 27th of November, with the highest price reaching 576.00 and the lowest price hitting 567.00 during the day. As of now, Aker Stock is very steady. Aker ASA secures Sharpe Ratio (or Efficiency) of 0.0148, which signifies that the company had a 0.0148% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Aker ASA, which you can use to evaluate the volatility of the firm. Please confirm Aker ASA's risk adjusted performance of 0.0193, and Mean Deviation of 1.0 to double-check if the risk estimate we provide is consistent with the expected return of 0.0212%.
Aker Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aker |
Sharpe Ratio = 0.0148
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Estimated Market Risk
| 1.43 actual daily | 12 88% 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 | 1 99% of assets perform better |
Based on monthly moving average Aker ASA 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 Aker ASA by adding it to a well-diversified portfolio.
Aker ASA Valuation on April 21, 2023
It is possible to determine the worth of Aker ASA on a given historical date. On April 21, 2023 Aker was worth 582.43 at the beginning of the trading date compared to the closed value of 582.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aker ASA stock. Still, in general, we apply an absolute valuation method to find Aker ASA'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 Aker ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aker ASA's related companies.
| Open | High | Low | Close | Volume | |
| 592.50 | 592.50 | 578.92 | 581.55 | 36,180 | |
04/21/2023 | 582.43 | 585.93 | 578.05 | 582.87 | 36,168 |
| 581.52 | 592.72 | 577.94 | 592.27 | 18,703 |
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Aker ASA Trading Date Momentum on April 21, 2023
| On April 24 2023 Aker ASA was traded for 592.27 at the closing time. The highest price during the trading period was 592.72 and the lowest recorded bid was listed for 577.94 . The volume for the day was 18.7 K. This history from April 24, 2023 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 1.61% . The overall trading delta to the current price is 0.85% . |
Aker ASA Fundamentals Correlations and Trends
By evaluating Aker ASA'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 Aker ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aker financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aker ASA Stock history
Aker ASA 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 Aker is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aker ASA 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 Aker ASA stock prices may prove useful in developing a viable investing in Aker ASA
Aker ASA operates as an industrial investment company primarily in Norway, the European Union, North America, South America, Asia, and internationally. The company was founded in 1841 and is based in Lysaker, Norway. AKER ASA operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. It employs 1605 people.
Aker ASA Stock Technical Analysis
Aker ASA 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
Aker ASA Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Aker ASA 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.
Aker ASA November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Aker ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aker ASA shares will generate the highest return on investment. By undertsting and applying Aker ASA stock market strength indicators, traders can identify Aker ASA entry and exit signals to maximize returns
Aker ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aker ASA's price direction in advance. Along with the technical and fundamental analysis of Aker Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aker 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 | 0.0193 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0977 |
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Other Information on Investing in Aker Stock
Aker ASA financial ratios help investors to determine whether Aker 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 Aker with respect to the benefits of owning Aker ASA security.