Deep Value (Norway) Price on November 29, 2024

DVD Stock  NOK 16.50  0.14  0.84%   
If you're considering investing in Deep Stock, it is important to understand the factors that can impact its price. As of today, the current price of Deep Value stands at 16.50, as last reported on the 11th of December 2024, with the highest price reaching 16.70 and the lowest price hitting 16.20 during the day. Deep Value Driller secures Sharpe Ratio (or Efficiency) of -0.0792, which denotes the company had a -0.0792% return per unit of standard deviation over the last 3 months. Deep Value Driller exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deep Value's Mean Deviation of 1.52, standard deviation of 2.22, and Coefficient Of Variation of (1,647) to check the risk estimate we provide.
  
Deep Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0792

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Estimated Market Risk

 2.22
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.18
  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 Deep Value 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 Deep Value by adding Deep Value to a well-diversified portfolio.

Deep Value Valuation on November 29, 2024

It is possible to determine the worth of Deep Value on a given historical date. On November 29, 2024 Deep was worth 16.4 at the beginning of the trading date compared to the closed value of 16.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deep Value stock. Still, in general, we apply an absolute valuation method to find Deep Value'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 Deep Value where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deep Value's related companies.
 Open High Low Close Volume
  16.40    16.40    16.12    16.32    291,171  
11/29/2024
  16.40    16.78    16.12    16.70    694,475  
  16.00    16.64    16.00    16.40    90,075  
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Open Value
16.4
16.7
Closing Value
23.06
Upside

Deep Value Trading Date Momentum on November 29, 2024

On December 02 2024 Deep Value Driller was traded for  16.40  at the closing time. The maximum traded price for the trading interval was 16.64  and the lowest daily price was  16.00 . The daily volume was recorded at 90.1 K. The volume of trading on 2nd of December 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.80% . The overall trading delta to the closing price today is 1.44% .

Deep Value Driller Fundamentals Correlations and Trends

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

About Deep Value Stock history

Deep Value 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 Deep is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Deep Value Driller 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 Deep Value stock prices may prove useful in developing a viable investing in Deep Value
Deep Value Driller AS focuses on acquiring, investing, and operating drill vessels in Norway. The company was incorporated in 2021 and is based in Oslo, Norway. DEEP VALUE is traded on Oslo Stock Exchange in Norway.

Deep Value Stock Technical Analysis

Deep Value 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 Deep Value technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Deep Value 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

Deep Value Period Price Range

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Deep Value Driller 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.

Deep Value December 11, 2024 Market Strength

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

Deep Value Technical and Predictive Indicators

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

Deep Value financial ratios help investors to determine whether Deep 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 Deep with respect to the benefits of owning Deep Value security.