Multiconsult (Norway) Price on February 9, 2023

MULTI Stock  NOK 194.00  3.00  1.57%   
If you're considering investing in Multiconsult Stock, it is important to understand the factors that can impact its price. As of today, the current price of Multiconsult stands at 194.00, as last reported on the 30th of November, with the highest price reaching 194.00 and the lowest price hitting 191.00 during the day. As of now, Multiconsult Stock is very steady. Multiconsult AS has Sharpe Ratio of 0.0843, which conveys that the firm had a 0.0843% return per unit of risk over the last 3 months. We have found thirty technical indicators for Multiconsult, which you can use to evaluate the volatility of the firm. Please verify Multiconsult's Mean Deviation of 0.8911, risk adjusted performance of 0.0625, and Downside Deviation of 1.1 to check out if the risk estimate we provide is consistent with the expected return of 0.0995%.
  
Multiconsult Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0843

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Estimated Market Risk

 1.18
  actual daily
10
90% of assets are more volatile

Expected Return

 0.1
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Multiconsult is performing at about 6% of its full potential. 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 Multiconsult by adding it to a well-diversified portfolio.

Multiconsult Valuation on February 9, 2023

It is possible to determine the worth of Multiconsult on a given historical date. On February 9, 2023 Multiconsult was worth 124.57 at the beginning of the trading date compared to the closed value of 126.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Multiconsult stock. Still, in general, we apply an absolute valuation method to find Multiconsult'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 Multiconsult where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Multiconsult's related companies.
 Open High Low Close Volume
  119.44    123.86    119.26    123.86    27,991  
02/09/2023
  124.57    127.22    122.09    126.51    15,631  
  123.86    129.70    123.86    126.69    17,852  
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Open Value
124.57
121.03
Downside
126.51
Closing Value
128.11
Upside

Multiconsult Trading Date Momentum on February 9, 2023

On February 10 2023 Multiconsult AS was traded for  126.69  at the closing time. The highest price during the trading period was 129.70  and the lowest recorded bid was listed for  123.86 . The volume for the day was 17.9 K. This history from February 10, 2023 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.14% . The trading delta at closing time to the current price is 1.26% .

Multiconsult AS Fundamentals Correlations and Trends

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

About Multiconsult Stock history

Multiconsult 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 Multiconsult is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Multiconsult AS 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 Multiconsult stock prices may prove useful in developing a viable investing in Multiconsult
Multiconsult ASA provides engineering design, consultancy, and architecture services in the Norway and internationally. The company was founded in 1908 and is headquartered in Oslo, Norway. MULTICONSULT operates under Engineering Construction classification in Norway and is traded on Oslo Stock Exchange. It employs 2972 people.

Multiconsult Stock Technical Analysis

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

Multiconsult Period Price Range

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November 30, 2024
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Multiconsult AS 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.

Multiconsult November 30, 2024 Market Strength

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

Multiconsult Technical and Predictive Indicators

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

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