Aker Horizons (Norway) Price on April 17, 2024

AKH Stock  NOK 1.81  0.03  1.69%   
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 Horizons stands at 1.81, as last reported on the 23rd of November, with the highest price reaching 1.84 and the lowest price hitting 1.74 during the day. Aker Horizons AS secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of standard deviation over the last 3 months. Aker Horizons AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aker Horizons' risk adjusted performance of (0.07), and Mean Deviation of 2.66 to double-check the risk estimate we provide.
  
Aker Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1108

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Estimated Market Risk

 3.8
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.42
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Aker Horizons 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 Aker Horizons by adding Aker Horizons to a well-diversified portfolio.

Aker Horizons Valuation on April 17, 2024

It is possible to determine the worth of Aker Horizons on a given historical date. On April 17, 2024 Aker was worth 3.37 at the beginning of the trading date compared to the closed value of 3.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aker Horizons stock. Still, in general, we apply an absolute valuation method to find Aker Horizons' 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 Horizons where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aker Horizons' related companies.
 Open High Low Close Volume
  3.37    3.42    3.33    3.37    898,265  
04/17/2024
  3.37    3.44    3.33    3.33    2,256,397  
  3.36    3.37    3.23    3.25    2,152,698  
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Open Value
3.37
3.33
Closing Value
14.76
Upside

Aker Horizons Trading Date Momentum on April 17, 2024

On April 18 2024 Aker Horizons AS was traded for  3.25  at the closing time. The maximum traded price for the trading interval was 3.37  and the lowest daily price was  3.23 . The daily volume was recorded at 2.2 M. The volume of trading on 18th of April 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.40% . The overall trading delta to the closing price today is 17.72% .

Aker Horizons AS Fundamentals Correlations and Trends

By evaluating Aker Horizons' 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 Horizons' 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 Horizons Stock history

Aker Horizons 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 Horizons AS 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 Horizons stock prices may prove useful in developing a viable investing in Aker Horizons
Aker Horizons AS, through its subsidiaries, owns a portfolio of companies in the renewable energy and green tech space comprising private and public companies worldwide. The company was founded in 2020 and is headquartered in Lysaker, Norway. AKER HORIZONS is traded on Oslo Stock Exchange in Norway.

Aker Horizons Stock Technical Analysis

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

Aker Horizons Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Aker Horizons AS 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 Horizons November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Aker Horizons 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 Horizons shares will generate the highest return on investment. By undertsting and applying Aker Horizons stock market strength indicators, traders can identify Aker Horizons AS entry and exit signals to maximize returns

Aker Horizons Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Aker Horizons' 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.

Other Information on Investing in Aker Stock

Aker Horizons 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 Horizons security.