Selvaag Bolig (Norway) Price on April 3, 2024

SBO Stock  NOK 32.10  0.75  2.28%   
If you're considering investing in Selvaag Stock, it is important to understand the factors that can impact its price. As of today, the current price of Selvaag Bolig stands at 32.10, as last reported on the 27th of November, with the highest price reaching 33.25 and the lowest price hitting 31.70 during the day. Selvaag Bolig ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0863, which indicates the firm had a -0.0863% return per unit of risk over the last 3 months. Selvaag Bolig ASA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Selvaag Bolig's Coefficient Of Variation of (1,159), risk adjusted performance of (0.06), and Variance of 2.35 to confirm the risk estimate we provide.
  
Selvaag Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0863

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Estimated Market Risk

 1.53
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Selvaag Bolig 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 Selvaag Bolig by adding Selvaag Bolig to a well-diversified portfolio.

Selvaag Bolig Valuation on April 3, 2024

It is possible to determine the worth of Selvaag Bolig on a given historical date. On April 3, 2024 Selvaag was worth 36.32 at the beginning of the trading date compared to the closed value of 36.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Selvaag Bolig stock. Still, in general, we apply an absolute valuation method to find Selvaag Bolig'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 Selvaag Bolig where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Selvaag Bolig's related companies.
 Open High Low Close Volume
  35.34    36.07    34.47    36.07    57,502  
04/03/2024
  36.32    37.00    36.32    36.85    61,885  
  36.90    38.84    36.90    37.58    99,175  
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Open Value
36.32
36.85
Closing Value
40.92
Upside

Selvaag Bolig Trading Date Momentum on April 3, 2024

On April 04 2024 Selvaag Bolig ASA was traded for  37.58  at the closing time. The maximum traded price for the trading interval was 38.84  and the lowest daily price was  36.90 . The daily volume was recorded at 99.2 K. The volume of trading on 4th of April 2024 played a part in the next trading day price upswing. The trading price change to the next closing price was 1.98% . The trading price change to the closing price today is 0.65% .

Selvaag Bolig ASA Fundamentals Correlations and Trends

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

About Selvaag Bolig Stock history

Selvaag Bolig 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 Selvaag is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Selvaag Bolig 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 Selvaag Bolig stock prices may prove useful in developing a viable investing in Selvaag Bolig
Selvaag Bolig ASA, a housing development company, engages in the development, construction, and sale of residential properties in Greater Oslo, Greater Oslo, Bergen, Stavanger, Trondheim, and Stockholm. The company was founded in 2008 and is headquartered in Oslo, Norway. SELVAAG BOLIG operates under Real Estate Services classification in Norway and is traded on Oslo Stock Exchange. It employs 86 people.

Selvaag Bolig Stock Technical Analysis

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

Selvaag Bolig Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

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Selvaag Bolig 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.

Selvaag Bolig November 27, 2024 Market Strength

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

Selvaag Bolig Technical and Predictive Indicators

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

Selvaag Bolig financial ratios help investors to determine whether Selvaag 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 Selvaag with respect to the benefits of owning Selvaag Bolig security.