XXL ASA (Norway) Price on March 16, 2023
XXL Stock | NOK 10.20 0.08 0.78% |
If you're considering investing in XXL Stock, it is important to understand the factors that can impact its price. As of today, the current price of XXL ASA stands at 10.20, as last reported on the 23rd of November, with the highest price reaching 10.30 and the lowest price hitting 10.00 during the day. XXL ASA shows Sharpe Ratio of -0.24, which attests that the company had a -0.24% return per unit of standard deviation over the last 3 months. XXL ASA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out XXL ASA's Standard Deviation of 9.38, mean deviation of 4.21, and Risk Adjusted Performance of (0.17) to validate the risk estimate we provide.
XXL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
XXL |
Sharpe Ratio = -0.2377
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Estimated Market Risk
9.44 actual daily | 84 84% of assets are less volatile |
Expected Return
-2.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.24 actual daily | 0 Most of other assets perform better |
Based on monthly moving average XXL ASA 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 XXL ASA by adding XXL ASA to a well-diversified portfolio.
XXL ASA Valuation on March 16, 2023
It is possible to determine the worth of XXL ASA on a given historical date. On March 16, 2023 XXL was worth 124.49 at the beginning of the trading date compared to the closed value of 126.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of XXL ASA stock. Still, in general, we apply an absolute valuation method to find XXL 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 XXL ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against XXL ASA's related companies.
Open | High | Low | Close | Volume | |
125.74 | 128.32 | 123.32 | 124.65 | 20,402 | |
03/16/2023 | 124.49 | 128.49 | 123.65 | 126.74 | 8,753 |
129.74 | 129.74 | 122.65 | 122.65 | 33,852 |
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XXL ASA Trading Date Momentum on March 16, 2023
On March 17 2023 XXL ASA was traded for 122.65 at the closing time. The maximum traded price for the trading interval was 129.74 and the lowest daily price was 122.65 . The daily volume was recorded at 33.9 K. The volume of trading on 17th of March 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 3.23% . The trading price change to the closing price today is 23.14% . |
XXL ASA Fundamentals Correlations and Trends
By evaluating XXL 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 XXL ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. XXL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About XXL ASA Stock history
XXL 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 XXL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in XXL 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 XXL ASA stock prices may prove useful in developing a viable investing in XXL ASA
The company offers sports, health, and fitness products, such as sports equipment and sportswear for various sports, including football, golf, water sports, racket sports, and ice hockey and fitness equipment, including treadmills and rowing machines, as well as food supplements and nutrition. XXL ASA was founded in 2000 and is headquartered in Oslo, Norway. XXL ASA operates under Specialty Retail classification in Norway and is traded on Oslo Stock Exchange. It employs 5290 people.
XXL ASA Stock Technical Analysis
XXL 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.
Price Boundaries
XXL ASA Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
XXL 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.
XXL ASA November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how XXL 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 XXL ASA shares will generate the highest return on investment. By undertsting and applying XXL ASA stock market strength indicators, traders can identify XXL ASA entry and exit signals to maximize returns
XXL ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for XXL ASA's price direction in advance. Along with the technical and fundamental analysis of XXL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of XXL 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 | (0.17) | |||
Jensen Alpha | (1.88) | |||
Total Risk Alpha | (3.41) | |||
Treynor Ratio | 0.6943 |
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Other Information on Investing in XXL Stock
XXL ASA financial ratios help investors to determine whether XXL 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 XXL with respect to the benefits of owning XXL ASA security.