Northern Ocean (Norway) Price History

NOL Stock  NOK 7.99  0.24  3.10%   
If you're considering investing in Northern Stock, it is important to understand the factors that can impact its price. As of today, the current price of Northern Ocean stands at 7.99, as last reported on the 21st of January, with the highest price reaching 7.99 and the lowest price hitting 7.82 during the day. As of now, Northern Stock is slightly risky. Northern Ocean has Sharpe Ratio of 0.0522, which conveys that the firm had a 0.0522 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Northern Ocean, which you can use to evaluate the volatility of the firm. Please verify Northern Ocean's Downside Deviation of 2.33, mean deviation of 1.88, and Risk Adjusted Performance of 0.0594 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
  
Northern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0522

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Estimated Market Risk

 2.98
  actual daily
26
74% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Northern Ocean is performing at about 4% 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 Northern Ocean by adding it to a well-diversified portfolio.

Northern Ocean Stock Price History Chart

There are several ways to analyze Northern Stock price data. The simplest method is using a basic Northern candlestick price chart, which shows Northern Ocean 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 PriceNovember 29, 20248.76
Lowest PriceNovember 5, 20247.01

Northern Ocean January 21, 2025 Stock Price Synopsis

Various analyses of Northern Ocean's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Northern Stock. It can be used to describe the percentage change in the price of Northern Ocean from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Northern Stock.
Northern Ocean Price Action Indicator 0.21 
Northern Ocean Price Daily Balance Of Power 1.41 
Northern Ocean Accumulation Distribution 408.19 
Northern Ocean Price Rate Of Daily Change 1.03 

Northern Ocean January 21, 2025 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Northern 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 Northern Ocean intraday prices and daily technical indicators to check the level of noise trading in Northern Stock and then apply it to test your longer-term investment strategies against Northern.

Northern Stock Price History Data

The price series of Northern Ocean for the period between Wed, Oct 23, 2024 and Tue, Jan 21, 2025 has a statistical range of 1.76 with a coefficient of variation of 5.82. The daily prices for the period are spread out with arithmetic mean of 7.84. The median price for the last 90 days is 7.79.
OpenHighLowCloseVolume
01/21/2025 7.82  7.99  7.82  7.99  19,185 
01/20/2025 7.75  7.80  7.68  7.75  68,024 
01/17/2025 7.80  7.87  7.68  7.80  63,963 
01/16/2025 8.02  8.02  7.71  7.71  107,321 
01/15/2025 7.93  8.48  7.77  8.03  139,547 
01/14/2025 8.14  8.14  7.70  7.94  69,199 
01/13/2025 8.07  8.24  8.01  8.03  53,011 
01/10/2025 8.10  8.19  8.00  8.19  82,555 
01/09/2025 7.70  8.20  7.70  8.09  169,353 
01/08/2025 8.11  8.15  7.96  8.15  29,788 
01/07/2025 7.88  8.03  7.82  7.96  24,208 
01/06/2025 8.20  8.21  7.64  8.05  80,175 
01/03/2025 7.87  8.19  7.79  8.15  205,534 
01/02/2025 7.99  7.99  7.74  7.88  248,580 
12/30/2024 7.80  7.80  7.36  7.71  83,029 
12/27/2024 7.80  7.80  7.71  7.79  66,841 
12/23/2024 7.45  8.00  7.35  7.65  184,037 
12/20/2024 7.74  7.75  7.45  7.46  102,791 
12/19/2024 7.69  7.85  7.51  7.74  140,776 
12/18/2024 7.75  7.89  7.75  7.75  28,539 
12/17/2024 8.00  8.05  7.75  7.75  101,697 
12/16/2024 8.29  8.29  8.07  8.19  22,182 
12/13/2024 8.00  8.28  8.00  8.28  15,135 
12/12/2024 8.29  8.30  8.12  8.30  174,716 
12/11/2024 8.20  8.34  8.01  8.34  63,901 
12/10/2024 8.35  8.35  8.20  8.25  10,000 
12/09/2024 8.45  8.45  8.20  8.27  20,228 
12/06/2024 8.40  8.50  8.34  8.44  74,460 
12/05/2024 8.39  8.39  8.03  8.35  25,778 
12/04/2024 8.26  8.40  8.22  8.40  27,063 
12/03/2024 8.24  8.29  8.21  8.27  19,930 
12/02/2024 8.34  8.40  8.29  8.29  10,652 
11/29/2024 8.80  8.80  8.07  8.76  157,087 
11/28/2024 8.20  8.39  8.10  8.39  4,506 
11/27/2024 8.38  8.38  8.10  8.10  190,585 
11/26/2024 8.25  8.49  8.25  8.38  90,703 
11/25/2024 8.01  8.30  8.01  8.30  56,345 
11/22/2024 8.32  8.79  8.15  8.25  79,100 
11/21/2024 8.60  8.79  8.39  8.50  95,843 
11/20/2024 8.50  8.70  8.33  8.50  69,953 
11/19/2024 8.74  8.80  8.44  8.55  121,673 
11/18/2024 8.02  9.03  8.02  8.50  1,707,290 
11/15/2024 7.45  7.46  7.33  7.46  5,217 
11/14/2024 7.60  7.60  7.41  7.50  28,496 
11/13/2024 7.85  7.85  7.33  7.55  40,472 
11/12/2024 7.52  7.60  7.52  7.60  91,726 
11/11/2024 7.85  7.85  7.50  7.60  29,527 
11/08/2024 7.69  7.76  7.55  7.72  32,971 
11/07/2024 7.40  7.65  7.40  7.65  101,587 
11/06/2024 7.04  7.60  7.03  7.50  74,708 
11/05/2024 7.34  7.39  7.01  7.01  82,994 
11/04/2024 6.71  7.33  6.71  7.33  35,649 
11/01/2024 7.39  7.39  7.30  7.30  75,187 
10/31/2024 7.02  7.39  7.02  7.38  72,015 
10/30/2024 7.50  7.68  7.37  7.47  96,160 
10/29/2024 7.99  7.99  7.37  7.37  112,382 
10/28/2024 7.58  7.74  7.52  7.74  69,673 
10/25/2024 7.66  7.85  7.52  7.66  129,207 
10/24/2024 7.21  7.67  7.20  7.53  165,838 
10/23/2024 7.25  7.25  7.04  7.25  70,500 
10/22/2024 7.30  7.30  7.10  7.23  115,448 

About Northern Ocean Stock history

Northern Ocean 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 Northern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northern Ocean 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 Northern Ocean stock prices may prove useful in developing a viable investing in Northern Ocean
Northern Ocean Ltd., together with its subsidiaries, provides offshore contract drilling services for the oil and gas industry worldwide. The company was incorporated in 2017 and is based in Hamilton, Bermuda. NORTHERN OCEAN is traded on Oslo Stock Exchange in Norway.

Northern Ocean Stock Technical Analysis

Northern Ocean 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 Northern Ocean technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Northern Ocean 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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Northern Ocean Technical and Predictive Indicators

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

Northern Ocean financial ratios help investors to determine whether Northern 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 Northern with respect to the benefits of owning Northern Ocean security.