NORSK HYDRO A Price on November 5, 2024
| 656531AD2 | 102.61 0.36 0.35% |
If you're considering investing in NORSK Bond, it is important to understand the factors that can impact its price. As of today, the current price of NORSK stands at 102.61, as last reported on the 23rd of November, with the highest price reaching 102.61 and the lowest price hitting 102.61 during the day. At this point, NORSK is very steady. NORSK HYDRO A has Sharpe Ratio of 0.0161, which conveys that the entity had a 0.0161% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for NORSK, which you can use to evaluate the volatility of the bond. Please verify NORSK's Mean Deviation of 0.1854, risk adjusted performance of 0.0294, and Market Risk Adjusted Performance of 0.2225 to check out if the risk estimate we provide is consistent with the expected return of 0.0048%.
NORSK Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
NORSK |
Sharpe Ratio = 0.0161
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| Negative Returns | 656531AD2 |
Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average NORSK is performing at about 1% 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 NORSK by adding it to a well-diversified portfolio.
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NORSK Valuation on November 5, 2024
It is possible to determine the worth of NORSK on a given historical date. On November 5, 2024 NORSK was worth 102.35 at the beginning of the trading date compared to the closed value of 102.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NORSK bond. Still, in general, we apply an absolute valuation method to find NORSK'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 NORSK where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NORSK's related companies.
| Open | High | Low | Close | Volume | |
| 102.46 | 102.46 | 102.46 | 102.46 | 1.00 | |
11/05/2024 | 102.35 | 102.35 | 102.35 | 102.35 | 1.00 |
| 102.45 | 102.45 | 102.45 | 102.45 | 1.00 |
| Backtest NORSK | | | NORSK History | | | NORSK Valuation | Previous | Next |
NORSK Trading Date Momentum on November 5, 2024
| On November 06 2024 NORSK HYDRO A was traded for 102.45 at the closing time. The highest price during the trading period was 102.45 and the lowest recorded bid was listed for 102.45 . There was no trading activity during the period 1.0. Lack of trading volume on November 6, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.10% . The trading delta at closing time to the current price is 0.14% . |
About NORSK Bond history
NORSK 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 NORSK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NORSK HYDRO A 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 NORSK stock prices may prove useful in developing a viable investing in NORSK
NORSK Bond Technical Analysis
NORSK technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
NORSK Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
NORSK HYDRO A cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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.
NORSK November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how NORSK bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NORSK shares will generate the highest return on investment. By undertsting and applying NORSK bond market strength indicators, traders can identify NORSK HYDRO A entry and exit signals to maximize returns
NORSK Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NORSK's price direction in advance. Along with the technical and fundamental analysis of NORSK Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of NORSK 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 | 0.0294 | |||
| Jensen Alpha | 0.0032 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.41) | |||
| Treynor Ratio | 0.2125 |
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Other Information on Investing in NORSK Bond
NORSK financial ratios help investors to determine whether NORSK Bond 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 NORSK with respect to the benefits of owning NORSK security.