BlueNord ASA (Norway) Price on October 22, 2024
| BNOR Stock | 593.00 7.00 1.17% |
If you're considering investing in BlueNord Stock, it is important to understand the factors that can impact its price. As of today, the current price of BlueNord ASA stands at 593.00, as last reported on the 26th of November, with the highest price reaching 599.00 and the lowest price hitting 590.00 during the day. BlueNord ASA appears to be very steady, given 3 months investment horizon. BlueNord ASA secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BlueNord ASA, which you can use to evaluate the volatility of the firm. Please makes use of BlueNord ASA's Downside Deviation of 1.8, risk adjusted performance of 0.1172, and Mean Deviation of 1.57 to double-check if our risk estimates are consistent with your expectations.
BlueNord Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BlueNord |
Sharpe Ratio = 0.1567
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Estimated Market Risk
| 1.91 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average BlueNord ASA is performing at about 12% 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 BlueNord ASA by adding it to a well-diversified portfolio.
BlueNord ASA Valuation on October 22, 2024
It is possible to determine the worth of BlueNord ASA on a given historical date. On October 22, 2024 BlueNord was worth 511.0 at the beginning of the trading date compared to the closed value of 512.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BlueNord ASA stock. Still, in general, we apply an absolute valuation method to find BlueNord 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 BlueNord ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BlueNord ASA's related companies.
| Open | High | Low | Close | Volume | |
| 500.00 | 515.00 | 499.50 | 504.00 | 29,219 | |
10/22/2024 | 511.00 | 512.00 | 505.00 | 512.00 | 12,241 |
| 514.00 | 514.00 | 504.00 | 504.00 | 15,742 |
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BlueNord ASA Trading Date Momentum on October 22, 2024
| On October 23 2024 BlueNord ASA was traded for 504.00 at the closing time. The highest price during the trading period was 514.00 and the lowest recorded bid was listed for 504.00 . The volume for the day was 15.7 K. This history from October 23, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.56% . The overall trading delta to the current price is 7.23% . |
Price Boundaries
BlueNord ASA Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
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BlueNord ASA November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how BlueNord 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 BlueNord ASA shares will generate the highest return on investment. By undertsting and applying BlueNord ASA stock market strength indicators, traders can identify BlueNord ASA entry and exit signals to maximize returns
BlueNord ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BlueNord ASA's price direction in advance. Along with the technical and fundamental analysis of BlueNord Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BlueNord 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.