DnB ASA (Norway) Price on October 2, 2024
| DNB Stock | NOK 228.50 1.90 0.82% |
If you're considering investing in DnB Stock, it is important to understand the factors that can impact its price. As of today, the current price of DnB ASA stands at 228.50, as last reported on the 26th of November, with the highest price reaching 230.20 and the lowest price hitting 227.90 during the day. As of now, DnB Stock is very steady. DnB ASA retains Efficiency (Sharpe Ratio) of 0.0324, which denotes the company had a 0.0324% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for DnB ASA, which you can use to evaluate the volatility of the firm. Please confirm DnB ASA's Market Risk Adjusted Performance of 0.0924, coefficient of variation of 2306.57, and Downside Deviation of 0.7959 to check if the risk estimate we provide is consistent with the expected return of 0.0348%.
DnB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DnB |
Sharpe Ratio = 0.0324
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Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average DnB ASA is performing at about 2% 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 DnB ASA by adding it to a well-diversified portfolio.
DnB ASA Valuation on October 2, 2024
It is possible to determine the worth of DnB ASA on a given historical date. On October 2, 2024 DnB was worth 213.7 at the beginning of the trading date compared to the closed value of 216.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DnB ASA stock. Still, in general, we apply an absolute valuation method to find DnB 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 DnB ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DnB ASA's related companies.
| Open | High | Low | Close | Volume | |
| 216.20 | 216.40 | 213.00 | 213.20 | 1,409,447 | |
10/02/2024 | 213.70 | 216.10 | 213.70 | 216.00 | 1,186,054 |
| 215.80 | 215.90 | 213.00 | 215.60 | 1,407,804 |
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DnB ASA Trading Date Momentum on October 2, 2024
| On October 03 2024 DnB ASA was traded for 215.60 at the closing time. The maximum traded price for the trading interval was 215.90 and the lowest daily price was 213.00 . The daily volume was recorded at 1.4 M. The volume of trading on 3rd of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.19% . The overall trading delta to the closing price today is 1.85% . |
DnB ASA Fundamentals Correlations and Trends
By evaluating DnB 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 DnB ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DnB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DnB ASA Stock history
DnB 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 DnB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DnB 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 DnB ASA stock prices may prove useful in developing a viable investing in DnB ASA
DNB Bank ASA provides financial services for retail and corporate customers in Norway. DNB Bank ASA was founded in 1822 and is headquartered in Oslo, Norway. DNB ASA operates under BanksRegional classification in Norway and is traded on Oslo Stock Exchange. It employs 8747 people.
DnB ASA Stock Technical Analysis
DnB 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
DnB ASA Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
DnB 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.
DnB ASA November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how DnB 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 DnB ASA shares will generate the highest return on investment. By undertsting and applying DnB ASA stock market strength indicators, traders can identify DnB ASA entry and exit signals to maximize returns
DnB ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DnB ASA's price direction in advance. Along with the technical and fundamental analysis of DnB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DnB 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 | 0.036 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.0824 |
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Other Information on Investing in DnB Stock
DnB ASA financial ratios help investors to determine whether DnB 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 DnB with respect to the benefits of owning DnB ASA security.