Havila Shipping (Norway) Price on October 27, 2023

HAVI Stock  NOK 2.58  0.03  1.18%   
If you're considering investing in Havila Stock, it is important to understand the factors that can impact its price. As of today, the current price of Havila Shipping stands at 2.58, as last reported on the 30th of November, with the highest price reaching 2.58 and the lowest price hitting 2.44 during the day. Havila Shipping ASA holds Efficiency (Sharpe) Ratio of -0.0838, which attests that the entity had a -0.0838% return per unit of risk over the last 3 months. Havila Shipping ASA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Havila Shipping's Standard Deviation of 5.55, market risk adjusted performance of 1.04, and Risk Adjusted Performance of (0.10) to validate the risk estimate we provide.
  
Havila Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0838

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Estimated Market Risk

 4.23
  actual daily
37
63% of assets are more volatile

Expected Return

 -0.35
  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 Havila Shipping 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 Havila Shipping by adding Havila Shipping to a well-diversified portfolio.

Havila Shipping Valuation on October 27, 2023

It is possible to determine the worth of Havila Shipping on a given historical date. On October 27, 2023 Havila was worth 9.5 at the beginning of the trading date compared to the closed value of 9.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Havila Shipping stock. Still, in general, we apply an absolute valuation method to find Havila Shipping'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 Havila Shipping where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Havila Shipping's related companies.
 Open High Low Close Volume
  9.50    9.74    9.26    9.40    31,012  
10/27/2023
  9.50    9.56    9.02    9.40    47,654  
  9.40    9.40    8.50    8.72    156,670  
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Open Value
9.5
9.4
Closing Value
22.18
Upside

Havila Shipping Trading Date Momentum on October 27, 2023

On October 30 2023 Havila Shipping ASA was traded for  8.72  at the closing time. The highest price during the trading period was 9.40  and the lowest recorded bid was listed for  8.50 . The volume for the day was 156.7 K. This history from October 30, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 7.23% . The trading delta at closing time to the current price is 26.60% .

Havila Shipping ASA Fundamentals Correlations and Trends

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

About Havila Shipping Stock history

Havila Shipping 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 Havila is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Havila Shipping 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 Havila Shipping stock prices may prove useful in developing a viable investing in Havila Shipping
Havila Shipping ASA, together with its subsidiaries, engages in the shipping business. The company was founded in 2003 and is headquartered in Fosnavg, Norway. HAVILA SHIPPING operates under Marine, Salvage, Dredging, Offshore Services classification in Norway and is traded on Oslo Stock Exchange. It employs 499 people.

Havila Shipping Stock Technical Analysis

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

Havila Shipping Period Price Range

Low
November 30, 2024
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High

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Havila Shipping 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.

Havila Shipping November 30, 2024 Market Strength

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

Havila Shipping Technical and Predictive Indicators

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

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