Aker Solutions (Norway) Price on November 22, 2024
| AKSO Stock | NOK 50.30 0.48 0.96% |
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 Solutions stands at 50.30, as last reported on the 23rd of November, with the highest price reaching 50.65 and the lowest price hitting 49.50 during the day. As of now, Aker Stock is very steady. Aker Solutions ASA secures Sharpe Ratio (or Efficiency) of 0.0481, which signifies that the company had a 0.0481% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Aker Solutions ASA, which you can use to evaluate the volatility of the firm. Please confirm Aker Solutions' risk adjusted performance of 0.0462, and Mean Deviation of 1.81 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
Aker Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aker |
Sharpe Ratio = 0.0481
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Estimated Market Risk
| 2.71 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Aker Solutions is performing at about 3% 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 Solutions by adding it to a well-diversified portfolio.
Aker Solutions Valuation on November 22, 2024
It is possible to determine the worth of Aker Solutions on a given historical date. On November 22, 2024 Aker was worth 50.0 at the beginning of the trading date compared to the closed value of 50.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aker Solutions stock. Still, in general, we apply an absolute valuation method to find Aker Solutions' 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 Solutions where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aker Solutions' related companies.
| Open | High | Low | Close | Volume | |
| 49.52 | 50.50 | 49.18 | 49.82 | 2,109,203 | |
11/22/2024 | 50.00 | 50.65 | 49.50 | 50.30 | 2,153,157 |
| 50.00 | 50.65 | 49.50 | 50.30 | 0.00 |
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Aker Solutions Trading Date Momentum on November 22, 2024
| On November 23 2024 Aker Solutions ASA was traded for 50.30 at the closing time. The highest price during the trading period was 50.65 and the lowest recorded bid was listed for 49.50 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not affect price variability. The overall trading delta to the current price is 0.60% . |
Aker Solutions ASA Fundamentals Correlations and Trends
By evaluating Aker Solutions' 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 Solutions' 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 Solutions Stock history
Aker Solutions 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 Solutions 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 Solutions stock prices may prove useful in developing a viable investing in Aker Solutions
Aker Solutions ASA provides products, systems, and services to the oil and gas industry worldwide. Aker Solutions ASA was founded in 1841 and is headquartered in Fornebu, Norway. AKER SOLUTIONS operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. It employs 16000 people.
Aker Solutions Stock Technical Analysis
Aker Solutions 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 Solutions Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Aker Solutions 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 Solutions November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Aker Solutions 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 Solutions shares will generate the highest return on investment. By undertsting and applying Aker Solutions stock market strength indicators, traders can identify Aker Solutions ASA entry and exit signals to maximize returns
Aker Solutions Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aker Solutions' 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 | 0.0462 | |||
| Jensen Alpha | 0.1372 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0031 | |||
| Treynor Ratio | (1.74) |
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Other Information on Investing in Aker Stock
Aker Solutions 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 Solutions security.