BW Energy (Norway) Price on September 30, 2024
BWE Stock | NOK 22.25 0.20 0.91% |
If you're considering investing in BWE Stock, it is important to understand the factors that can impact its price. As of today, the current price of BW Energy stands at 22.25, as last reported on the 1st of December, with the highest price reaching 22.35 and the lowest price hitting 22.05 during the day. BW Energy retains Efficiency (Sharpe Ratio) of -0.11, which signifies that the company had a -0.11% return per unit of price deviation over the last 3 months. BW Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BW Energy's Market Risk Adjusted Performance of 0.8951, information ratio of (0.18), and Variance of 5.0 to double-check the risk estimate we provide.
BWE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BWE |
Sharpe Ratio = -0.1051
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Estimated Market Risk
2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.23 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 BW Energy 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 BW Energy by adding BW Energy to a well-diversified portfolio.
BW Energy Valuation on September 30, 2024
It is possible to determine the worth of BW Energy on a given historical date. On September 30, 2024 BWE was worth 23.0 at the beginning of the trading date compared to the closed value of 23.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BW Energy stock. Still, in general, we apply an absolute valuation method to find BW Energy'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 BW Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BW Energy's related companies.
Open | High | Low | Close | Volume | |
23.45 | 23.45 | 22.75 | 22.90 | 208,864 | |
09/30/2024 | 23.00 | 23.40 | 22.85 | 23.25 | 130,398 |
23.00 | 23.60 | 23.00 | 23.35 | 134,059 |
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BW Energy Trading Date Momentum on September 30, 2024
On October 01 2024 BW Energy was traded for 23.35 at the closing time. The maximum traded price for the trading interval was 23.60 and the lowest daily price was 23.00 . The daily volume was recorded at 134.1 K. The volume of trading on 1st of October 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 0.43% . The overall trading delta to the closing price today is 7.53% . |
BW Energy Fundamentals Correlations and Trends
By evaluating BW Energy'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 BW Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BWE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BW Energy Stock history
BW Energy 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 BWE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BW Energy 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 BW Energy stock prices may prove useful in developing a viable investing in BW Energy
BW Energy Limited engages in the acquisition, exploration, development, and production of oil and natural gas in West Africa and Brazil. BW Energy Limited was founded in 2016 and is based in Oslo, Norway. BW ENERGY operates under Oil Gas EP classification in Norway and is traded on Oslo Stock Exchange. It employs 100 people.
BW Energy Stock Technical Analysis
BW Energy 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
BW Energy Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
BW Energy 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.
BW Energy December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how BW Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BW Energy shares will generate the highest return on investment. By undertsting and applying BW Energy stock market strength indicators, traders can identify BW Energy entry and exit signals to maximize returns
BW Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BW Energy's price direction in advance. Along with the technical and fundamental analysis of BWE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BWE 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 | (0.23) | |||
Total Risk Alpha | (0.64) | |||
Treynor Ratio | 0.8851 |
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Other Information on Investing in BWE Stock
BW Energy financial ratios help investors to determine whether BWE 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 BWE with respect to the benefits of owning BW Energy security.