Kid ASA (Norway) Price on February 8, 2023
KID Stock | NOK 124.40 2.80 2.30% |
If you're considering investing in Kid Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kid ASA stands at 124.40, as last reported on the 23rd of November, with the highest price reaching 124.40 and the lowest price hitting 122.00 during the day. Kid ASA has Sharpe Ratio of -0.0917, which conveys that the firm had a -0.0917% return per unit of risk over the last 3 months. Kid ASA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kid ASA's Standard Deviation of 2.11, risk adjusted performance of (0.07), and Mean Deviation of 1.59 to check out the risk estimate we provide.
Kid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kid |
Sharpe Ratio = -0.0917
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Estimated Market Risk
2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kid 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 Kid ASA by adding Kid ASA to a well-diversified portfolio.
Kid ASA Valuation on February 8, 2023
It is possible to determine the worth of Kid ASA on a given historical date. On February 8, 2023 Kid was worth 71.75 at the beginning of the trading date compared to the closed value of 75.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kid ASA stock. Still, in general, we apply an absolute valuation method to find Kid 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 Kid ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kid ASA's related companies.
Open | High | Low | Close | Volume | |
68.34 | 71.57 | 68.34 | 70.13 | 12,677 | |
02/08/2023 | 71.75 | 77.31 | 70.13 | 75.96 | 42,202 |
73.72 | 74.35 | 70.85 | 73.36 | 31,695 |
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Kid ASA Trading Date Momentum on February 8, 2023
On February 09 2023 Kid ASA was traded for 73.36 at the closing time. The maximum traded price for the trading interval was 74.35 and the lowest daily price was 70.85 . The daily volume was recorded at 31.7 K. The volume of trading on 9th of February 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 3.42% . The trading delta at closing time to the closing price today is 1.17% . |
Kid ASA Fundamentals Correlations and Trends
By evaluating Kid 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 Kid ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kid financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kid ASA Stock history
Kid 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 Kid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kid 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 Kid ASA stock prices may prove useful in developing a viable investing in Kid ASA
Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway. Kid ASA was founded in 1937 and is headquartered in Lier, Norway. KID ASA operates under Specialty Retail classification in Norway and is traded on Oslo Stock Exchange. It employs 456 people.
Kid ASA Stock Technical Analysis
Kid 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
Kid ASA Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Kid 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.
Kid ASA November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Kid 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 Kid ASA shares will generate the highest return on investment. By undertsting and applying Kid ASA stock market strength indicators, traders can identify Kid ASA entry and exit signals to maximize returns
Kid ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kid ASA's price direction in advance. Along with the technical and fundamental analysis of Kid Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kid 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 | (0.07) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.55) | |||
Treynor Ratio | (0.91) |
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Other Information on Investing in Kid Stock
Kid ASA financial ratios help investors to determine whether Kid 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 Kid with respect to the benefits of owning Kid ASA security.