Electromagnetic Geoservices (Norway) Price on November 1, 2024

EMGS Stock  NOK 2.01  0.03  1.47%   
If you're considering investing in Electromagnetic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Electromagnetic Geoservices stands at 2.01, as last reported on the 12th of December 2024, with the highest price reaching 2.03 and the lowest price hitting 1.99 during the day. Electromagnetic Geoservices secures Sharpe Ratio (or Efficiency) of -0.0049, which denotes the company had a -0.0049% return per unit of risk over the last 3 months. Electromagnetic Geoservices ASA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Electromagnetic Geoservices' Variance of 7.92, mean deviation of 2.13, and Standard Deviation of 2.81 to check the risk estimate we provide.
  
Electromagnetic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0049

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Estimated Market Risk

 2.84
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Electromagnetic Geoservices 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 Electromagnetic Geoservices by adding Electromagnetic Geoservices to a well-diversified portfolio.

Electromagnetic Geoservices Valuation on November 1, 2024

It is possible to determine the worth of Electromagnetic Geoservices on a given historical date. On November 1, 2024 Electromagnetic was worth 2.0 at the beginning of the trading date compared to the closed value of 2.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Electromagnetic Geoservices stock. Still, in general, we apply an absolute valuation method to find Electromagnetic Geoservices' 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 Electromagnetic Geoservices where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Electromagnetic Geoservices' related companies.
 Open High Low Close Volume
  2.05    2.07    1.99    2.07    70,231  
11/01/2024
  2.00    2.09    2.00    2.02    85,755  
  2.02    2.09    2.02    2.05    91,216  
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Open Value
2.0
2.02
Closing Value
10.53
Upside

Electromagnetic Geoservices Trading Date Momentum on November 1, 2024

On November 04 2024 Electromagnetic Geoservices ASA was traded for  2.05  at the closing time. The highest price during the trading period was 2.09  and the lowest recorded bid was listed for  2.02 . The volume for the day was 91.2 K. This history from November 4, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 1.49% . The overall trading delta to the current price is 0.99% .

Electromagnetic Geoservices Fundamentals Correlations and Trends

By evaluating Electromagnetic Geoservices' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Electromagnetic Geoservices' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Electromagnetic financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Electromagnetic Geoservices Stock history

Electromagnetic Geoservices 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 Electromagnetic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electromagnetic Geoservices 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 Electromagnetic Geoservices stock prices may prove useful in developing a viable investing in Electromagnetic Geoservices
Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic surveying services to the offshore oil and gas exploration industry worldwide. The company was founded in 2002 and is headquartered in Trondheim, Norway. ELECTROMAGNETIC operates under Oil And Gas Equipment And Services classification in Norway and is traded on Oslo Stock Exchange. It employs 125 people.

Electromagnetic Geoservices Stock Technical Analysis

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

Electromagnetic Geoservices Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Electromagnetic Geoservices 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.

Electromagnetic Geoservices December 12, 2024 Market Strength

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

Electromagnetic Geoservices Technical and Predictive Indicators

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

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