Aker BP (Norway) Price on November 27, 2024
| AKRBP Stock | NOK 226.40 0.70 0.31% |
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 BP stands at 226.40, as last reported on the 2nd of December, with the highest price reaching 227.70 and the lowest price hitting 225.40 during the day. Aker BP ASA secures Sharpe Ratio (or Efficiency) of -0.0195, which signifies that the company had a -0.0195% return per unit of standard deviation over the last 3 months. Aker BP ASA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aker BP's mean deviation of 1.38, and Risk Adjusted Performance of (0.04) 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.
Aker |
Sharpe Ratio = -0.0195
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Estimated Market Risk
| 1.81 actual daily | 16 84% 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 | 0 Most of other assets perform better |
Based on monthly moving average Aker BP 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 BP by adding Aker BP to a well-diversified portfolio.
Aker BP Valuation on November 27, 2024
It is possible to determine the worth of Aker BP on a given historical date. On November 27, 2024 Aker was worth 225.0 at the beginning of the trading date compared to the closed value of 228.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aker BP stock. Still, in general, we apply an absolute valuation method to find Aker BP'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 BP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aker BP's related companies.
| Open | High | Low | Close | Volume | |
| 228.40 | 229.30 | 225.00 | 225.90 | 841,280 | |
11/27/2024 | 225.00 | 230.30 | 224.60 | 228.50 | 1,083,060 |
| 228.50 | 229.20 | 227.10 | 227.10 | 505,268 |
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Aker BP Trading Date Momentum on November 27, 2024
| On November 28 2024 Aker BP ASA was traded for 227.10 at the closing time. The highest price during the trading period was 229.20 and the lowest recorded bid was listed for 227.10 . The volume for the day was 505.3 K. This history from November 28, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.61% . The overall trading delta to the current price is 1.09% . |
Aker BP ASA Fundamentals Correlations and Trends
By evaluating Aker BP'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 BP'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 BP Stock history
Aker BP 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 BP 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 BP stock prices may prove useful in developing a viable investing in Aker BP
Aker BP ASA engages in the exploration, development, and production of oil and gas on the Norwegian Continental Shelf. Aker BP ASA was founded in 2001 and is headquartered in Fornebu, Norway. AKER BP operates under Oil Gas EP classification in Norway and is traded on Oslo Stock Exchange. It employs 1745 people.
Aker BP Stock Technical Analysis
Aker BP 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 BP Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Aker BP 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 BP December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Aker BP 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 BP shares will generate the highest return on investment. By undertsting and applying Aker BP stock market strength indicators, traders can identify Aker BP ASA entry and exit signals to maximize returns
Aker BP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aker BP'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 | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.97) |
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Other Information on Investing in Aker Stock
Aker BP 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 BP security.