BW LPG (Norway) Price on October 30, 2023
BWLPG Stock | NOK 133.90 2.30 1.69% |
If you're considering investing in BWLPG Stock, it is important to understand the factors that can impact its price. As of today, the current price of BW LPG stands at 133.90, as last reported on the 30th of November, with the highest price reaching 135.90 and the lowest price hitting 133.40 during the day. BW LPG retains Efficiency (Sharpe Ratio) of -0.0908, which signifies that the company had a -0.0908% return per unit of price deviation over the last 3 months. BW LPG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BW LPG's Variance of 5.15, information ratio of (0.17), and Market Risk Adjusted Performance of 1.28 to double-check the risk estimate we provide.
BWLPG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BWLPG |
Sharpe Ratio = -0.0908
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Estimated Market Risk
2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BW LPG 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 LPG by adding BW LPG to a well-diversified portfolio.
BW LPG Valuation on October 30, 2023
It is possible to determine the worth of BW LPG on a given historical date. On October 30, 2023 BWLPG was worth 117.44 at the beginning of the trading date compared to the closed value of 118.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BW LPG stock. Still, in general, we apply an absolute valuation method to find BW LPG'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 LPG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BW LPG's related companies.
Open | High | Low | Close | Volume | |
114.42 | 117.52 | 114.42 | 117.04 | 518,326 | |
10/30/2023 | 117.44 | 120.62 | 116.56 | 118.79 | 384,521 |
120.06 | 126.18 | 118.39 | 125.54 | 955,210 |
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BW LPG Trading Date Momentum on October 30, 2023
On October 31 2023 BW LPG was traded for 125.54 at the closing time. The highest price during the trading period was 126.18 and the lowest recorded bid was listed for 118.39 . The volume for the day was 955.2 K. This history from October 31, 2023 contributed to the next trading day price boost. The overall trading delta to the next closing price was 5.68% . The overall trading delta to the current price is 6.36% . |
BW LPG Fundamentals Correlations and Trends
By evaluating BW LPG'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 LPG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BWLPG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BW LPG Stock history
BW LPG 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 BWLPG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BW LPG 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 LPG stock prices may prove useful in developing a viable investing in BW LPG
BW LPG Limited, an investment holding company, engages in shipowning and chartering activities worldwide. BW LPG Limited was founded in 1935 and is headquartered in Singapore. BW LPG operates under Shipping Ports classification in Norway and is traded on Oslo Stock Exchange. It employs 1798 people.
BW LPG Stock Technical Analysis
BW LPG 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 LPG Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
BW LPG 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 LPG November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how BW LPG 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 LPG shares will generate the highest return on investment. By undertsting and applying BW LPG stock market strength indicators, traders can identify BW LPG entry and exit signals to maximize returns
BW LPG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BW LPG's price direction in advance. Along with the technical and fundamental analysis of BWLPG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BWLPG 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 | (0.63) | |||
Treynor Ratio | 1.27 |
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Other Information on Investing in BWLPG Stock
BW LPG financial ratios help investors to determine whether BWLPG 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 BWLPG with respect to the benefits of owning BW LPG security.