Entra ASA (Norway) Price on February 15, 2024
ENTRA Stock | NOK 121.40 1.20 1.00% |
If you're considering investing in Entra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Entra ASA stands at 121.40, as last reported on the 30th of November, with the highest price reaching 121.60 and the lowest price hitting 120.00 during the day. Entra ASA secures Sharpe Ratio (or Efficiency) of -0.0525, which denotes the company had a -0.0525% return per unit of risk over the last 3 months. Entra ASA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Entra ASA's Standard Deviation of 1.71, mean deviation of 1.26, and Variance of 2.92 to check the risk estimate we provide.
Entra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Entra |
Sharpe Ratio = -0.0525
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Estimated Market Risk
1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Entra 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 Entra ASA by adding Entra ASA to a well-diversified portfolio.
Entra ASA Valuation on February 15, 2024
It is possible to determine the worth of Entra ASA on a given historical date. On February 15, 2024 Entra was worth 112.0 at the beginning of the trading date compared to the closed value of 110.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Entra ASA stock. Still, in general, we apply an absolute valuation method to find Entra 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 Entra ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Entra ASA's related companies.
Open | High | Low | Close | Volume | |
109.00 | 110.10 | 108.50 | 110.00 | 77,496 | |
02/15/2024 | 112.00 | 112.00 | 109.20 | 110.00 | 69,247 |
110.50 | 110.50 | 107.80 | 108.50 | 36,986 |
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Entra ASA Trading Date Momentum on February 15, 2024
On February 16 2024 Entra ASA was traded for 108.50 at the closing time. The highest price during the trading period was 110.50 and the lowest recorded bid was listed for 107.80 . The volume for the day was 37 K. This history from February 16, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.36% . The overall trading delta to the current price is 3.64% . |
Entra ASA Fundamentals Correlations and Trends
By evaluating Entra 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 Entra ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Entra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Entra ASA Stock history
Entra 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 Entra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Entra 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 Entra ASA stock prices may prove useful in developing a viable investing in Entra ASA
Entra ASA owns, develops, and manages office properties in Norway. The company was founded in 2000 and is headquartered in Oslo, Norway. ENTRA ASA operates under Office Commercial And Industrial Real Estate classification in Norway and is traded on Oslo Stock Exchange. It employs 170 people.
Entra ASA Stock Technical Analysis
Entra 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
Entra ASA Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Entra 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.
Entra ASA November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Entra 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 Entra ASA shares will generate the highest return on investment. By undertsting and applying Entra ASA stock market strength indicators, traders can identify Entra ASA entry and exit signals to maximize returns
Entra ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Entra ASA's price direction in advance. Along with the technical and fundamental analysis of Entra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Entra 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 | (0.04) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.41) | |||
Treynor Ratio | (0.61) |
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Other Information on Investing in Entra Stock
Entra ASA financial ratios help investors to determine whether Entra 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 Entra with respect to the benefits of owning Entra ASA security.