Dno Asa Stock Price on November 11, 2024

DTNOF Stock  USD 0.90  0.05  5.88%   
If you're considering investing in Dno Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Dno ASA stands at 0.90, as last reported on the 29th of November, with the highest price reaching 0.90 and the lowest price hitting 0.90 during the day. Dno ASA secures Sharpe Ratio (or Efficiency) of -0.0816, which denotes the company had a -0.0816% return per unit of risk over the last 3 months. Dno ASA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dno ASA's Mean Deviation of 1.14, standard deviation of 3.25, and Variance of 10.56 to check the risk estimate we provide.
  
Dno Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0816

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Estimated Market Risk

 3.33
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Dno 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 Dno ASA by adding Dno ASA to a well-diversified portfolio.

Related Headline

ConocoPhillips Headline on 11th of November 2024

Critics are dismayed that the COP29 climate summit is held in oil- and gas-rich Azerbaijan, but the previous COP in Dubai delivered unexpectedly good outcomes, says the Financial Times Pilita Clark.

Dno ASA Valuation on November 11, 2024

It is possible to determine the worth of Dno ASA on a given historical date. On November 11, 2024 Dno was worth 0.87 at the beginning of the trading date compared to the closed value of 0.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dno ASA pink sheet. Still, in general, we apply an absolute valuation method to find Dno 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 Dno ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dno ASA's related companies.
 Open High Low Close Volume
  0.93    0.93    0.93    0.93    1.00  
11/11/2024
  0.87    0.90    0.87    0.87    17,000  
  0.88    0.88    0.88    0.88    1.00  
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Open Value
0.87
0.87
Closing Value
10.85
Upside

Dno ASA Trading Date Momentum on November 11, 2024

On November 12 2024 Dno ASA was traded for  0.88  at the closing time. The highest daily price throughout the period was 0.88  and the lowest price was  0.88 . There was no trading activity during the period 1.0. Lack of trading volume on 11/12/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.15% . The overall trading delta to current closing price is 3.45% .

Dno ASA Fundamentals Correlations and Trends

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

About Dno ASA Pink Sheet history

Dno 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 Dno is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dno 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 Dno ASA stock prices may prove useful in developing a viable investing in Dno ASA
DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East and the North Sea. The company was incorporated in 1971 and is headquartered in Oslo, Norway. Det Norske operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 1327 people.

Dno ASA Pink Sheet Technical Analysis

Dno ASA technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Dno ASA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dno 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

Dno ASA Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Dno ASA cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Dno ASA November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Dno ASA pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dno ASA shares will generate the highest return on investment. By undertsting and applying Dno ASA pink sheet market strength indicators, traders can identify Dno ASA entry and exit signals to maximize returns

Dno ASA Technical and Predictive Indicators

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

Complementary Tools for Dno Pink Sheet analysis

When running Dno ASA's price analysis, check to measure Dno ASA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dno ASA is operating at the current time. Most of Dno ASA's value examination focuses on studying past and present price action to predict the probability of Dno ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dno ASA's price. Additionally, you may evaluate how the addition of Dno ASA to your portfolios can decrease your overall portfolio volatility.
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