Carasent ASA (Norway) Price on March 25, 2024
| CARA Stock | 20.70 0.40 1.90% |
If you're considering investing in Carasent Stock, it is important to understand the factors that can impact its price. As of today, the current price of Carasent ASA stands at 20.70, as last reported on the 27th of November, with the highest price reaching 21.30 and the lowest price hitting 20.60 during the day. Carasent ASA appears to be not too volatile, given 3 months investment horizon. Carasent ASA secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Carasent ASA, which you can use to evaluate the volatility of the firm. Please makes use of Carasent ASA's Mean Deviation of 1.58, risk adjusted performance of 0.1067, and Downside Deviation of 1.89 to double-check if our risk estimates are consistent with your expectations.
Carasent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Carasent |
Sharpe Ratio = 0.1089
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Estimated Market Risk
| 2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Carasent ASA is performing at about 8% 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 Carasent ASA by adding it to a well-diversified portfolio.
Carasent ASA Valuation on March 25, 2024
It is possible to determine the worth of Carasent ASA on a given historical date. On March 25, 2024 Carasent was worth 11.2 at the beginning of the trading date compared to the closed value of 11.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Carasent ASA stock. Still, in general, we apply an absolute valuation method to find Carasent 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 Carasent ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Carasent ASA's related companies.
| Open | High | Low | Close | Volume | |
| 11.38 | 11.64 | 11.20 | 11.20 | 90,866 | |
03/25/2024 | 11.20 | 11.36 | 11.12 | 11.20 | 42,418 |
| 11.00 | 11.24 | 10.82 | 11.20 | 30,755 |
| Backtest Carasent ASA | | | Carasent ASA History | | | Carasent ASA Valuation | Previous | Next |
Carasent ASA Trading Date Momentum on March 25, 2024
| On March 26 2024 Carasent ASA was traded for 11.20 at the closing time. The highest price during the trading period was 11.24 and the lowest recorded bid was listed for 10.82 . The volume for the day was 30.8 K. This history from March 26, 2024 did not affect price variability. The overall trading delta to the current price is 4.91% . |
Carasent ASA Fundamentals Correlations and Trends
By evaluating Carasent 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 Carasent ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Carasent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Carasent ASA Stock history
Carasent 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 Carasent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Carasent 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 Carasent ASA stock prices may prove useful in developing a viable investing in Carasent ASA
Carasent ASA Stock Technical Analysis
Carasent 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.
Price Boundaries
Carasent ASA Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Carasent 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.
Carasent ASA November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Carasent 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 Carasent ASA shares will generate the highest return on investment. By undertsting and applying Carasent ASA stock market strength indicators, traders can identify Carasent ASA entry and exit signals to maximize returns
Carasent ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Carasent ASA's price direction in advance. Along with the technical and fundamental analysis of Carasent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Carasent 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 | 0.1067 | |||
| Jensen Alpha | 0.2778 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0749 | |||
| Treynor Ratio | (1.74) |
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Other Information on Investing in Carasent Stock
Carasent ASA financial ratios help investors to determine whether Carasent 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 Carasent with respect to the benefits of owning Carasent ASA security.