Salmon Evolution (Norway) Price on April 26, 2023

SALME Stock  NOK 6.58  0.12  1.79%   
If you're considering investing in Salmon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Salmon Evolution stands at 6.58, as last reported on the 27th of November, with the highest price reaching 6.70 and the lowest price hitting 6.55 during the day. Salmon Evolution Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0061, which indicates the firm had a -0.0061% return per unit of risk over the last 3 months. Salmon Evolution Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Salmon Evolution's Coefficient Of Variation of (6,160), variance of 2.35, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
  
Salmon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0061

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Estimated Market Risk

 1.54
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Salmon Evolution is not performing at its full potential. However, 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 Salmon Evolution by adding Salmon Evolution to a well-diversified portfolio.

Salmon Evolution Valuation on April 26, 2023

It is possible to determine the worth of Salmon Evolution on a given historical date. On April 26, 2023 Salmon was worth 7.82 at the beginning of the trading date compared to the closed value of 7.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salmon Evolution stock. Still, in general, we apply an absolute valuation method to find Salmon Evolution'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 Salmon Evolution where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salmon Evolution's related companies.
 Open High Low Close Volume
  7.89    7.94    7.80    7.85    660,490  
04/26/2023
  7.82    7.85    7.77    7.81    896,993  
  7.81    7.86    7.80    7.86    559,660  
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Open Value
7.82
7.81
Closing Value
12.43
Upside

Salmon Evolution Trading Date Momentum on April 26, 2023

On April 27 2023 Salmon Evolution Holding was traded for  7.86  at the closing time. The highest price during the trading period was 7.86  and the lowest recorded bid was listed for  7.80 . The volume for the day was 559.7 K. This history from April 27, 2023 contributed to the next trading day price boost. The trading price change to the next closing price was 0.64% . The trading price change to the current price is 10.50% .

Salmon Evolution Holding Fundamentals Correlations and Trends

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

About Salmon Evolution Stock history

Salmon Evolution 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 Salmon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Salmon Evolution Holding 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 Salmon Evolution stock prices may prove useful in developing a viable investing in Salmon Evolution
Salmon Evolution Holding AS operates as a land-based salmon farming company in Norway. The company was founded in 2017 and is headquartered in Molde, Norway. SALMON EVOLUT is traded on Oslo Stock Exchange in Norway.

Salmon Evolution Stock Technical Analysis

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

Salmon Evolution Period Price Range

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November 27, 2024
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Salmon Evolution Holding 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.

Salmon Evolution November 27, 2024 Market Strength

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

Salmon Evolution Technical and Predictive Indicators

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

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