Cambi ASA (Norway) Price on October 10, 2024

CAMBI Stock  NOK 14.35  0.15  1.03%   
If you're considering investing in Cambi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cambi ASA stands at 14.35, as last reported on the 2nd of December, with the highest price reaching 14.90 and the lowest price hitting 14.00 during the day. Cambi ASA secures Sharpe Ratio (or Efficiency) of -0.0145, which signifies that the company had a -0.0145% return per unit of risk over the last 3 months. Cambi ASA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cambi ASA's Risk Adjusted Performance of (0.0006), mean deviation of 1.9, and Standard Deviation of 2.4 to double-check the risk estimate we provide.
  
Cambi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0145

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Estimated Market Risk

 2.39
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cambi ASA 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 Cambi ASA by adding Cambi ASA to a well-diversified portfolio.

Cambi ASA Valuation on October 10, 2024

It is possible to determine the worth of Cambi ASA on a given historical date. On October 10, 2024 Cambi was worth 14.9 at the beginning of the trading date compared to the closed value of 14.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cambi ASA stock. Still, in general, we apply an absolute valuation method to find Cambi 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 Cambi ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cambi ASA's related companies.
 Open High Low Close Volume
  15.10    15.45    15.00    15.00    34,298  
10/10/2024
  14.90    15.45    14.90    14.95    21,784  
  15.20    15.50    14.85    15.00    8,221  
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Open Value
14.9
14.95
Closing Value
22.08
Upside

Cambi ASA Trading Date Momentum on October 10, 2024

On October 11 2024 Cambi ASA was traded for  15.00  at the closing time. The highest price during the trading period was 15.50  and the lowest recorded bid was listed for  14.85 . The volume for the day was 8.2 K. This history from October 11, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.33% . The overall trading delta to the current price is 6.35% .

Cambi ASA Fundamentals Correlations and Trends

By evaluating Cambi ASA'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 Cambi ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cambi financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cambi ASA Stock history

Cambi ASA 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 Cambi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cambi 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 Cambi ASA stock prices may prove useful in developing a viable investing in Cambi ASA
Cambi ASA provides thermal hydrolysis, advanced anaerobic digestion, and biogas solutions for sewage sludge and organic waste management in Europe, the United States, Asia, and Oceania. The company was founded in 1992 and is headquartered in Asker, Norway. CAMBI ASA operates under Waste Management classification in Norway and is traded on Oslo Stock Exchange. It employs 125 people.

Cambi ASA Stock Technical Analysis

Cambi ASA 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.
A focus of Cambi ASA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cambi ASA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cambi ASA Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cambi 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.

Cambi ASA December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Cambi 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 Cambi ASA shares will generate the highest return on investment. By undertsting and applying Cambi ASA stock market strength indicators, traders can identify Cambi ASA entry and exit signals to maximize returns

Cambi ASA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cambi ASA's price direction in advance. Along with the technical and fundamental analysis of Cambi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cambi 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.

Other Information on Investing in Cambi Stock

Cambi ASA financial ratios help investors to determine whether Cambi 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 Cambi with respect to the benefits of owning Cambi ASA security.