Odfjell Drilling (Norway) Price on October 15, 2024

Odfjell Drilling Valuation on October 15, 2024

Odfjell Drilling Trading Date Momentum on October 15, 2024

On October 16 2024 Odfjell Drilling was traded for  50.26  at the closing time. The maximum traded price for the trading interval was 50.65  and the lowest daily price was  49.86 . The daily volume was recorded at 180.2 K. The volume of trading on 16th of October 2024 played a part in the next trading day price upswing. The trading delta at closing time to the next closing price was 0.40% . The trading delta at closing time to the closing price today is 0.58% .

Odfjell Drilling Fundamentals Correlations and Trends

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

Odfjell Drilling 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 Odfjell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Odfjell Drilling 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 Odfjell Drilling stock prices may prove useful in developing a viable investing in Odfjell Drilling

Odfjell Drilling 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.

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

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

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