Orkla Asa Adr Stock Price on November 27, 2024
| ORKLY Stock | USD 9.24 0.04 0.43% |
If you're considering investing in Orkla Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Orkla ASA stands at 9.24, as last reported on the 29th of November, with the highest price reaching 9.35 and the lowest price hitting 9.20 during the day. At this stage we consider Orkla Pink Sheet to be not too volatile. Orkla ASA ADR maintains Sharpe Ratio (i.e., Efficiency) of 0.0447, which implies the firm had a 0.0447% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Orkla ASA ADR, which you can use to evaluate the volatility of the company. Please check Orkla ASA's Coefficient Of Variation of 2509.24, semi deviation of 1.3, and Risk Adjusted Performance of 0.0349 to confirm if the risk estimate we provide is consistent with the expected return of 0.0621%.
Orkla Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Orkla |
Sharpe Ratio = 0.0447
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Estimated Market Risk
| 1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Orkla ASA is performing at about 3% 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 Orkla ASA by adding it to a well-diversified portfolio.
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Orkla ASA Valuation on November 27, 2024
It is possible to determine the worth of Orkla ASA on a given historical date. On November 27, 2024 Orkla was worth 9.18 at the beginning of the trading date compared to the closed value of 9.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orkla ASA pink sheet. Still, in general, we apply an absolute valuation method to find Orkla 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 Orkla ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orkla ASA's related companies.
| Open | High | Low | Close | Volume | |
| 8.98 | 8.98 | 8.98 | 8.98 | 16,437 | |
11/27/2024 | 9.18 | 9.18 | 9.18 | 9.18 | 19,568 |
| 9.13 | 9.27 | 9.13 | 9.20 | 0.00 |
| Backtest Orkla ASA | | | Orkla ASA History | | | Orkla ASA Valuation | Previous | Next |
Orkla ASA Trading Date Momentum on November 27, 2024
| On November 29 2024 Orkla ASA ADR was traded for 9.20 at the closing time. The highest daily price throughout the period was 9.27 and the lowest price was 9.13 . There was no trading activity during the period 0.0. Lack of trading volume on 11/29/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.22% . The trading delta at closing time to current closing price is 0.87% . |
Orkla ASA ADR Fundamentals Correlations and Trends
By evaluating Orkla 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 Orkla ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orkla financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orkla ASA Pink Sheet history
Orkla 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 Orkla is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orkla ASA ADR 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 Orkla ASA stock prices may prove useful in developing a viable investing in Orkla ASA
Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. Orkla As is traded on OTC Exchange in the United States.
Orkla ASA Pink Sheet Technical Analysis
Orkla ASA technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Orkla ASA Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Orkla ASA ADR cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Orkla ASA November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Orkla ASA pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orkla ASA shares will generate the highest return on investment. By undertsting and applying Orkla ASA pink sheet market strength indicators, traders can identify Orkla ASA ADR entry and exit signals to maximize returns
Orkla ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orkla ASA's price direction in advance. Along with the technical and fundamental analysis of Orkla Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orkla 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 | 0.0349 | |||
| Jensen Alpha | 0.0279 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.3112 |
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Additional Tools for Orkla Pink Sheet Analysis
When running Orkla ASA's price analysis, check to measure Orkla ASA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Orkla ASA is operating at the current time. Most of Orkla ASA's value examination focuses on studying past and present price action to predict the probability of Orkla ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orkla ASA's price. Additionally, you may evaluate how the addition of Orkla ASA to your portfolios can decrease your overall portfolio volatility.