Itera ASA (Norway) Price on September 25, 2024
ITERA Stock | NOK 8.90 0.10 1.11% |
If you're considering investing in Itera Stock, it is important to understand the factors that can impact its price. As of today, the current price of Itera ASA stands at 8.90, as last reported on the 26th of November, with the highest price reaching 8.98 and the lowest price hitting 8.90 during the day. Itera ASA holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. Itera ASA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Itera ASA's Standard Deviation of 2.94, market risk adjusted performance of (4.47), and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide.
Itera Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Itera |
Sharpe Ratio = -0.105
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Estimated Market Risk
2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Itera 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 Itera ASA by adding Itera ASA to a well-diversified portfolio.
Itera ASA Valuation on September 25, 2024
It is possible to determine the worth of Itera ASA on a given historical date. On September 25, 2024 Itera was worth 10.28 at the beginning of the trading date compared to the closed value of 10.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Itera ASA stock. Still, in general, we apply an absolute valuation method to find Itera 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 Itera ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Itera ASA's related companies.
Open | High | Low | Close | Volume | |
10.08 | 10.08 | 9.89 | 9.89 | 35,100 | |
09/25/2024 | 10.28 | 10.47 | 9.89 | 10.23 | 41,932 |
10.38 | 10.43 | 10.38 | 10.38 | 1,434 |
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Itera ASA Trading Date Momentum on September 25, 2024
On September 26 2024 Itera ASA was traded for 10.38 at the closing time. The highest price during the trading period was 10.43 and the lowest recorded bid was listed for 10.38 . The volume for the day was 1.4 K. This history from September 26, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 1.47% . The trading delta at closing time to the current price is 5.28% . |
Itera ASA Fundamentals Correlations and Trends
By evaluating Itera 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 Itera ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Itera financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Itera ASA Stock history
Itera 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 Itera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Itera 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 Itera ASA stock prices may prove useful in developing a viable investing in Itera ASA
Itera ASA, together with its subsidiaries, designs, develops, and operates digital solutions for companies and organizations in Norway, Sweden, Denmark, Slovakia, and Ukraine. Itera ASA was founded in 1989 and is headquartered in Oslo, Norway. ITERA ASA operates under Information Technology Services classification in Norway and is traded on Oslo Stock Exchange. It employs 567 people.
Itera ASA Stock Technical Analysis
Itera 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
Itera ASA Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Itera 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.
Itera ASA November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Itera 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 Itera ASA shares will generate the highest return on investment. By undertsting and applying Itera ASA stock market strength indicators, traders can identify Itera ASA entry and exit signals to maximize returns
Itera ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Itera ASA's price direction in advance. Along with the technical and fundamental analysis of Itera Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Itera 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 | (0.08) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (0.79) | |||
Treynor Ratio | (4.48) |
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Other Information on Investing in Itera Stock
Itera ASA financial ratios help investors to determine whether Itera 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 Itera with respect to the benefits of owning Itera ASA security.