Saga Pure (Norway) Price on October 8, 2024
| SAGA Stock | NOK 1.27 0.02 1.60% |
If you're considering investing in Saga Stock, it is important to understand the factors that can impact its price. As of today, the current price of Saga Pure stands at 1.27, as last reported on the 30th of November, with the highest price reaching 1.27 and the lowest price hitting 1.25 during the day. As of now, Saga Stock is relatively risky. Saga Pure ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0411, which indicates the firm had a 0.0411% return per unit of risk over the last 3 months. We have found thirty technical indicators for Saga Pure ASA, which you can use to evaluate the volatility of the company. Please validate Saga Pure's Coefficient Of Variation of 3466.44, semi deviation of 0.647, and Risk Adjusted Performance of 0.0244 to confirm if the risk estimate we provide is consistent with the expected return of 0.0411%.
Saga Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Saga |
Sharpe Ratio = 0.0411
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Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Saga Pure 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 Saga Pure by adding it to a well-diversified portfolio.
Saga Pure Valuation on October 8, 2024
It is possible to determine the worth of Saga Pure on a given historical date. On October 8, 2024 Saga was worth 1.3 at the beginning of the trading date compared to the closed value of 1.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Saga Pure stock. Still, in general, we apply an absolute valuation method to find Saga Pure'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 Saga Pure where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Saga Pure's related companies.
| Open | High | Low | Close | Volume | |
| 1.30 | 1.30 | 1.29 | 1.30 | 411,533 | |
10/08/2024 | 1.30 | 1.31 | 1.29 | 1.29 | 727,111 |
| 1.29 | 1.30 | 1.29 | 1.30 | 417,711 |
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Saga Pure Trading Date Momentum on October 8, 2024
| On October 09 2024 Saga Pure ASA was traded for 1.30 at the closing time. The highest price during the trading period was 1.30 and the lowest recorded bid was listed for 1.29 . The volume for the day was 417.7 K. This history from October 9, 2024 contributed to the next trading day price upswing. The trading price change to the next closing price was 0.78% . The trading price change to the current price is 1.55% . |
Saga Pure ASA Fundamentals Correlations and Trends
By evaluating Saga Pure'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 Saga Pure's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Saga financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Saga Pure Stock history
Saga Pure 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 Saga is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Saga Pure 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 Saga Pure stock prices may prove useful in developing a viable investing in Saga Pure
Saga Tankers ASA engages in the investment and management activities related to shipping, rig, real estate, stock trading, and other related businesses. The company was incorporated in 2010 and is headquartered in Oslo, Norway. SAGA TANKERS operates under Shipping classification in Norway and is traded on Oslo Stock Exchange. It employs 6 people.
Saga Pure Stock Technical Analysis
Saga Pure 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
Saga Pure Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Saga Pure 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.
Saga Pure November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Saga Pure stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Saga Pure shares will generate the highest return on investment. By undertsting and applying Saga Pure stock market strength indicators, traders can identify Saga Pure ASA entry and exit signals to maximize returns
Saga Pure Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Saga Pure's price direction in advance. Along with the technical and fundamental analysis of Saga Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Saga 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 | 0.0244 | |||
| Jensen Alpha | 0.0279 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0.27) |
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Other Information on Investing in Saga Stock
Saga Pure financial ratios help investors to determine whether Saga 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 Saga with respect to the benefits of owning Saga Pure security.