Elektroimportoren (Norway) Price on December 4, 2024

ELIMP Stock  NOK 13.25  0.15  1.12%   
If you're considering investing in Elektroimportoren Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elektroimportoren stands at 13.25, as last reported on the 11th of December 2024, with the highest price reaching 13.40 and the lowest price hitting 11.70 during the day. Elektroimportoren appears to be not too volatile, given 3 months investment horizon. Elektroimportoren secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19% return per unit of risk over the last 3 months. By reviewing Elektroimportoren's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Elektroimportoren's Mean Deviation of 2.36, downside deviation of 2.61, and Coefficient Of Variation of 555.84 to check if our risk estimates are consistent with your expectations.
  
Elektroimportoren Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1886

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Estimated Market Risk

 3.21
  actual daily
28
72% of assets are more volatile

Expected Return

 0.61
  actual daily
12
88% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Elektroimportoren is performing at about 14% 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 Elektroimportoren by adding it to a well-diversified portfolio.

Elektroimportoren Valuation on December 4, 2024

It is possible to determine the worth of Elektroimportoren on a given historical date. On December 4, 2024 Elektroimportoren was worth 13.05 at the beginning of the trading date compared to the closed value of 13.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elektroimportoren stock. Still, in general, we apply an absolute valuation method to find Elektroimportoren'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 Elektroimportoren where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elektroimportoren's related companies.
 Open High Low Close Volume
  13.30    13.30    13.00    13.00    26,923  
12/04/2024
  13.05    13.30    13.05    13.30    15,655  
  13.00    13.50    13.00    13.50    12,109  
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Open Value
13.05
13.3
Closing Value
22.68
Upside

Elektroimportoren Trading Date Momentum on December 4, 2024

On December 05 2024 Elektroimportoren As was traded for  13.50  at the closing time. The highest price during the trading period was 13.50  and the lowest recorded bid was listed for  13.00 . The volume for the day was 12.1 K. This history from December 5, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 1.50% . The overall trading delta to the current price is 12.03% .

Elektroimportoren Fundamentals Correlations and Trends

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

About Elektroimportoren Stock history

Elektroimportoren 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 Elektroimportoren is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elektroimportoren 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 Elektroimportoren stock prices may prove useful in developing a viable investing in Elektroimportoren
Elektroimportren AS, together with its subsidiaries, sells electro materials and related products to private and professional customers. The company was founded in 1994 and is based in Oslo, Norway. ELEKTROIMPORTOREN operates under Electronics Computer Distribution classification in Norway and is traded on Oslo Stock Exchange. It employs 461 people.

Elektroimportoren Stock Technical Analysis

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

Elektroimportoren Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Elektroimportoren As 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.

Elektroimportoren December 11, 2024 Market Strength

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

Elektroimportoren Technical and Predictive Indicators

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

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