MOWI ASA (Germany) Price on November 29, 2024

PNDA Stock  EUR 16.90  0.10  0.59%   
If you're considering investing in MOWI Stock, it is important to understand the factors that can impact its price. As of today, the current price of MOWI ASA stands at 16.90, as last reported on the 2nd of December, with the highest price reaching 16.90 and the lowest price hitting 16.90 during the day. At this point, MOWI ASA is very steady. MOWI ASA SPADR has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for MOWI ASA, which you can use to evaluate the volatility of the firm. Please verify MOWI ASA's Market Risk Adjusted Performance of 0.2633, mean deviation of 0.9908, and Risk Adjusted Performance of 0.1133 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
  
MOWI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1252

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Estimated Market Risk

 1.32
  actual daily
11
89% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
9
91% of assets perform better
Based on monthly moving average MOWI ASA is performing at about 9% 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 MOWI ASA by adding it to a well-diversified portfolio.

MOWI ASA Valuation on November 29, 2024

It is possible to determine the worth of MOWI ASA on a given historical date. On November 29, 2024 MOWI was worth 16.9 at the beginning of the trading date compared to the closed value of 16.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MOWI ASA stock. Still, in general, we apply an absolute valuation method to find MOWI 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 MOWI ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MOWI ASA's related companies.
 Open High Low Close Volume
  17.00    17.00    16.90    17.00    1.00  
11/29/2024
  16.90    16.90    16.90    16.90    1.00  
  16.90    16.90    16.90    16.90    0.00  
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Open Value
16.9
16.9
Closing Value
20.85
Upside

MOWI ASA Trading Date Momentum on November 29, 2024

On December 02 2024 MOWI ASA SPADR was traded for  16.90  at the closing time. The maximum traded price for the trading interval was 16.90  and the lowest daily price was  16.90 . There was no trading activity during the period 0.0. Lack of trading volume on 2nd of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.00% .

MOWI ASA SPADR Fundamentals Correlations and Trends

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

About MOWI ASA Stock history

MOWI 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 MOWI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MOWI ASA SPADR 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 MOWI ASA stock prices may prove useful in developing a viable investing in MOWI ASA
Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway. MOWI ASA is traded on Frankfurt Stock Exchange in Germany.

MOWI ASA Stock Technical Analysis

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

MOWI ASA Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

MOWI ASA SPADR cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

MOWI ASA December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how MOWI 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 MOWI ASA shares will generate the highest return on investment. By undertsting and applying MOWI ASA stock market strength indicators, traders can identify MOWI ASA SPADR entry and exit signals to maximize returns

MOWI ASA Technical and Predictive Indicators

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

Complementary Tools for MOWI Stock analysis

When running MOWI ASA's price analysis, check to measure MOWI 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 MOWI ASA is operating at the current time. Most of MOWI ASA's value examination focuses on studying past and present price action to predict the probability of MOWI 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 MOWI ASA's price. Additionally, you may evaluate how the addition of MOWI ASA to your portfolios can decrease your overall portfolio volatility.
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