Elkem ASA (Norway) Price History

ELK Stock  NOK 22.90  0.32  1.42%   
If you're considering investing in Elkem Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elkem ASA stands at 22.90, as last reported on the 16th of February 2025, with the highest price reaching 23.10 and the lowest price hitting 22.42 during the day. Elkem ASA appears to be not too volatile, given 3 months investment horizon. Elkem ASA secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Elkem ASA, which you can use to evaluate the volatility of the firm. Please utilize Elkem ASA's Coefficient Of Variation of 792.07, mean deviation of 1.95, and Downside Deviation of 2.47 to check if our risk estimates are consistent with your expectations.
  
Elkem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1286

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Estimated Market Risk

 3.49
  actual daily
31
69% of assets are more volatile

Expected Return

 0.45
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Elkem ASA is performing at about 10% 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 Elkem ASA by adding it to a well-diversified portfolio.

Elkem ASA Stock Price History Chart

There are several ways to analyze Elkem Stock price data. The simplest method is using a basic Elkem candlestick price chart, which shows Elkem ASA price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 14, 202522.9
Lowest PriceJanuary 22, 202516.58

Elkem ASA February 16, 2025 Stock Price Synopsis

Various analyses of Elkem ASA's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Elkem Stock. It can be used to describe the percentage change in the price of Elkem ASA from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Elkem Stock.
Elkem ASA Price Daily Balance Of Power 0.47 
Elkem ASA Price Action Indicator 0.30 
Elkem ASA Price Rate Of Daily Change 1.01 

Elkem ASA February 16, 2025 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Elkem Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Elkem ASA intraday prices and daily technical indicators to check the level of noise trading in Elkem Stock and then apply it to test your longer-term investment strategies against Elkem.

Elkem Stock Price History Data

The price series of Elkem ASA for the period between Mon, Nov 18, 2024 and Sun, Feb 16, 2025 has a statistical range of 6.32 with a coefficient of variation of 10.29. Under current investment horizon, the daily prices are spread out with arithmetic mean of 18.85. The median price for the last 90 days is 18.21. The company completed dividends distribution on 2023-05-02.
OpenHighLowCloseVolume
02/16/2025
 22.72  23.10  22.42  22.90 
02/14/2025 22.72  23.10  22.42  22.90  1,290,129 
02/13/2025 21.66  22.62  21.66  22.58  2,703,987 
02/12/2025 21.30  22.20  20.64  21.24  5,408,779 
02/11/2025 22.14  22.72  22.00  22.54  1,031,795 
02/10/2025 22.06  22.70  21.90  22.24  1,205,406 
02/07/2025 22.40  22.50  21.88  22.06  646,617 
02/06/2025 21.82  22.38  21.72  22.36  846,456 
02/05/2025 22.28  22.50  21.70  21.70  1,360,123 
02/04/2025 21.52  22.22  21.34  21.94  1,633,728 
02/03/2025 21.36  21.64  20.80  20.90  1,698,783 
01/31/2025 22.84  22.84  21.96  22.32  2,239,899 
01/30/2025 22.64  22.88  22.28  22.84  1,142,441 
01/29/2025 22.30  22.64  22.00  22.60  1,348,971 
01/28/2025 21.90  22.62  21.42  22.40  3,483,212 
01/27/2025 20.26  21.96  20.04  21.96  4,466,199 
01/24/2025 20.00  20.38  19.45  19.56  2,485,705 
01/23/2025 17.41  20.14  17.41  19.60  11,672,068 
01/22/2025 16.80  16.80  16.50  16.58  1,722,021 
01/21/2025 16.85  16.89  16.73  16.75  1,006,777 
01/20/2025 16.83  16.93  16.73  16.87  938,619 
01/17/2025 17.01  17.09  16.75  16.83  2,058,644 
01/16/2025 17.60  17.77  16.97  16.97  1,502,274 
01/15/2025 17.23  17.72  17.19  17.65  1,155,075 
01/14/2025 16.96  17.42  16.96  17.23  935,153 
01/13/2025 17.01  17.15  16.75  16.96  1,266,499 
01/10/2025 17.34  17.50  17.06  17.11  870,570 
01/09/2025 16.99  17.34  16.99  17.34  754,679 
01/08/2025 17.25  17.25  16.91  17.06  1,263,096 
01/07/2025 17.45  17.52  17.31  17.32  537,498 
01/06/2025 17.46  17.76  17.31  17.41  845,890 
01/03/2025 17.60  17.60  17.28  17.45  777,190 
01/02/2025 17.35  17.84  17.35  17.49  901,468 
12/30/2024 17.49  17.54  17.30  17.52  925,285 
12/27/2024 17.31  17.64  17.30  17.49  692,188 
12/23/2024 17.06  17.35  17.00  17.29  603,631 
12/20/2024 16.94  17.12  16.68  17.12  2,029,604 
12/19/2024 17.15  17.17  16.81  16.99  1,602,415 
12/18/2024 18.45  18.45  17.22  17.36  3,650,253 
12/17/2024 18.45  18.60  18.35  18.47  389,293 
12/16/2024 18.26  18.48  18.08  18.45  515,465 
12/13/2024 18.56  18.56  18.12  18.21  512,678 
12/12/2024 18.62  18.96  18.55  18.62  416,319 
12/11/2024 18.71  18.86  18.54  18.74  292,781 
12/10/2024 18.91  18.92  18.64  18.71  424,234 
12/09/2024 18.66  19.25  18.66  18.95  793,992 
12/06/2024 18.82  18.90  18.55  18.66  517,213 
12/05/2024 18.98  18.98  18.70  18.82  509,311 
12/04/2024 18.60  18.90  18.60  18.72  655,258 
12/03/2024 18.43  18.67  18.43  18.51  461,409 
12/02/2024 18.25  18.40  18.18  18.37  760,568 
11/29/2024 18.42  18.58  18.18  18.21  322,416 
11/28/2024 18.35  18.58  18.16  18.38  567,135 
11/27/2024 18.12  18.33  18.09  18.24  493,759 
11/26/2024 18.35  18.35  18.03  18.08  446,393 
11/25/2024 18.31  18.55  18.20  18.25  850,049 
11/22/2024 18.00  18.23  17.78  18.22  871,684 
11/21/2024 18.11  18.18  17.84  18.04  694,436 
11/20/2024 18.10  18.26  18.01  18.13  584,442 
11/19/2024 18.03  18.23  17.68  18.02  547,334 
11/18/2024 18.05  18.23  17.81  18.03  419,179 

About Elkem ASA Stock history

Elkem 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 Elkem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elkem 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 Elkem ASA stock prices may prove useful in developing a viable investing in Elkem ASA
Elkem ASA manufactures and sells metals and materials in Norway and internationally. Elkem ASA is a subsidiary of Bluestar Elkem International Co., Ltd. ELKEM ASA operates under Specialty Chemicals classification in Norway and is traded on Oslo Stock Exchange. It employs 6280 people.

Elkem ASA Stock Technical Analysis

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

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Elkem ASA Technical and Predictive Indicators

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

Elkem ASA financial ratios help investors to determine whether Elkem 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 Elkem with respect to the benefits of owning Elkem ASA security.