Arribatec Solutions (Norway) Price on September 26, 2024
ARR Stock | NOK 0.80 0.02 2.56% |
If you're considering investing in Arribatec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Arribatec Solutions stands at 0.80, as last reported on the 24th of November, with the highest price reaching 0.89 and the lowest price hitting 0.73 during the day. Arribatec Solutions ASA secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Arribatec Solutions ASA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arribatec Solutions' Standard Deviation of 10.97, risk adjusted performance of (0.08), and Mean Deviation of 5.36 to double-check the risk estimate we provide.
Arribatec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Arribatec |
Sharpe Ratio = -0.1154
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Estimated Market Risk
11.06 actual daily | 96 96% of assets are less volatile |
Expected Return
-1.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Arribatec Solutions 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 Arribatec Solutions by adding Arribatec Solutions to a well-diversified portfolio.
Arribatec Solutions Valuation on September 26, 2024
It is possible to determine the worth of Arribatec Solutions on a given historical date. On September 26, 2024 Arribatec was worth 2.68 at the beginning of the trading date compared to the closed value of 2.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arribatec Solutions stock. Still, in general, we apply an absolute valuation method to find Arribatec 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 Arribatec Solutions where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arribatec Solutions' related companies.
Open | High | Low | Close | Volume | |
2.53 | 2.57 | 2.53 | 2.57 | 6,513 | |
09/26/2024 | 2.68 | 2.68 | 2.43 | 2.43 | 22,494 |
2.55 | 2.67 | 2.48 | 2.67 | 77,827 |
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Arribatec Solutions Trading Date Momentum on September 26, 2024
On September 27 2024 Arribatec Solutions ASA was traded for 2.67 at the closing time. The maximum traded price for the trading interval was 2.67 and the lowest daily price was 2.48 . The daily volume was recorded at 77.8 K. The volume of trading on 27th of September 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 9.88% . The overall trading delta to the closing price today is 46.91% . |
Arribatec Solutions ASA Fundamentals Correlations and Trends
By evaluating Arribatec 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 Arribatec Solutions' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arribatec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arribatec Solutions Stock history
Arribatec 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 Arribatec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arribatec 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 Arribatec Solutions stock prices may prove useful in developing a viable investing in Arribatec Solutions
Arribatec Solutions ASA, a software and consulting company, provides digital business solutions in Norway and internationally. The company was founded in 2015 and is headquartered in Oslo, Norway. ARRIBATEC SOLUTION is traded on Oslo Stock Exchange in Norway.
Arribatec Solutions Stock Technical Analysis
Arribatec 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
Arribatec Solutions Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Arribatec 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.
Arribatec Solutions November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Arribatec 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 Arribatec Solutions shares will generate the highest return on investment. By undertsting and applying Arribatec Solutions stock market strength indicators, traders can identify Arribatec Solutions ASA entry and exit signals to maximize returns
Arribatec Solutions Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arribatec Solutions' price direction in advance. Along with the technical and fundamental analysis of Arribatec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arribatec 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 | (0.08) | |||
Jensen Alpha | (1.51) | |||
Total Risk Alpha | (3.01) | |||
Treynor Ratio | (0.67) |
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Other Information on Investing in Arribatec Stock
Arribatec Solutions financial ratios help investors to determine whether Arribatec 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 Arribatec with respect to the benefits of owning Arribatec Solutions security.