Instabank ASA (Norway) Price on April 26, 2023
INSTA Stock | NOK 1.95 0.03 1.56% |
If you're considering investing in Instabank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Instabank ASA stands at 1.95, as last reported on the 30th of November, with the highest price reaching 1.95 and the lowest price hitting 1.90 during the day. Instabank ASA holds Efficiency (Sharpe) Ratio of -0.0101, which attests that the entity had a -0.0101% return per unit of risk over the last 3 months. Instabank ASA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Instabank ASA's Standard Deviation of 1.38, insignificant risk adjusted performance, and Market Risk Adjusted Performance of 0.1434 to validate the risk estimate we provide.
Instabank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Instabank |
Sharpe Ratio = -0.0101
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Estimated Market Risk
1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Instabank 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 Instabank ASA by adding Instabank ASA to a well-diversified portfolio.
Instabank ASA Valuation on April 26, 2023
It is possible to determine the worth of Instabank ASA on a given historical date. On April 26, 2023 Instabank was worth 1.72 at the beginning of the trading date compared to the closed value of 1.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Instabank ASA stock. Still, in general, we apply an absolute valuation method to find Instabank 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 Instabank ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Instabank ASA's related companies.
Open | High | Low | Close | Volume | |
1.71 | 1.71 | 1.67 | 1.69 | 107,688 | |
04/26/2023 | 1.72 | 1.73 | 1.66 | 1.67 | 139,289 |
1.82 | 1.82 | 1.67 | 1.69 | 200,164 |
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Instabank ASA Trading Date Momentum on April 26, 2023
On April 27 2023 Instabank ASA was traded for 1.69 at the closing time. The highest price during the trading period was 1.82 and the lowest recorded bid was listed for 1.67 . The volume for the day was 200.2 K. This history from April 27, 2023 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 1.20% . The trading delta at closing time to the current price is 4.19% . |
Instabank ASA Fundamentals Correlations and Trends
By evaluating Instabank 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 Instabank ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Instabank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Instabank ASA Stock history
Instabank 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 Instabank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Instabank 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 Instabank ASA stock prices may prove useful in developing a viable investing in Instabank ASA
Instabank ASA Stock Technical Analysis
Instabank 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
Instabank ASA Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Instabank 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.
Instabank ASA November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Instabank 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 Instabank ASA shares will generate the highest return on investment. By undertsting and applying Instabank ASA stock market strength indicators, traders can identify Instabank ASA entry and exit signals to maximize returns
Instabank ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Instabank ASA's price direction in advance. Along with the technical and fundamental analysis of Instabank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Instabank 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) | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | 0.1334 |
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Other Information on Investing in Instabank Stock
Instabank ASA financial ratios help investors to determine whether Instabank 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 Instabank with respect to the benefits of owning Instabank ASA security.