NorAm Drilling (Norway) Price History
NORAM Stock | 37.00 0.45 1.20% |
If you're considering investing in NorAm Stock, it is important to understand the factors that can impact its price. As of today, the current price of NorAm Drilling stands at 37.00, as last reported on the 24th of January, with the highest price reaching 38.40 and the lowest price hitting 36.30 during the day. As of now, NorAm Stock is very steady. NorAm Drilling AS has Sharpe Ratio of 0.0421, which conveys that the firm had a 0.0421 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for NorAm Drilling, which you can use to evaluate the volatility of the firm. Please verify NorAm Drilling's Mean Deviation of 1.46, risk adjusted performance of 0.0414, and Downside Deviation of 1.73 to check out if the risk estimate we provide is consistent with the expected return of 0.0811%.
NorAm Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NorAm |
Sharpe Ratio = 0.0421
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
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Cash | Small Risk | NORAM | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average NorAm Drilling is performing at about 3% 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 NorAm Drilling by adding it to a well-diversified portfolio.
NorAm Drilling Stock Price History Chart
There are several ways to analyze NorAm Stock price data. The simplest method is using a basic NorAm candlestick price chart, which shows NorAm Drilling 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 Price | January 21, 2025 | 37.5 |
Lowest Price | December 20, 2024 | 30.27 |
NorAm Drilling January 24, 2025 Stock Price Synopsis
Various analyses of NorAm Drilling's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell NorAm Stock. It can be used to describe the percentage change in the price of NorAm Drilling from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of NorAm Stock.NorAm Drilling Price Rate Of Daily Change | 0.99 | |
NorAm Drilling Accumulation Distribution | 4,771 | |
NorAm Drilling Price Daily Balance Of Power | (0.21) | |
NorAm Drilling Price Action Indicator | (0.57) |
NorAm Drilling January 24, 2025 Stock Price Analysis
NorAm Stock Price History Data
Open | High | Low | Close | Volume | ||
01/23/2025 | 38.40 | 38.40 | 36.30 | 37.00 | 87,240 | |
01/22/2025 | 37.65 | 38.50 | 37.00 | 37.45 | 108,471 | |
01/21/2025 | 37.10 | 38.60 | 37.00 | 37.50 | 127,210 | |
01/20/2025 | 36.75 | 36.80 | 36.20 | 36.20 | 61,130 | |
01/17/2025 | 35.45 | 36.00 | 35.35 | 36.00 | 54,513 | |
01/16/2025 | 37.25 | 37.25 | 35.00 | 35.25 | 76,534 | |
01/15/2025 | 35.75 | 36.75 | 35.75 | 35.80 | 35,979 | |
01/14/2025 | 36.20 | 36.20 | 35.60 | 35.85 | 54,337 | |
01/13/2025 | 36.26 | 36.96 | 36.06 | 36.41 | 89,037 | |
01/10/2025 | 34.66 | 36.16 | 34.46 | 36.16 | 120,897 | |
01/09/2025 | 34.16 | 34.66 | 33.76 | 34.56 | 23,640 | |
01/08/2025 | 33.01 | 34.61 | 33.01 | 34.61 | 80,788 | |
01/07/2025 | 32.46 | 33.26 | 31.96 | 33.26 | 57,636 | |
01/06/2025 | 33.06 | 34.36 | 32.11 | 32.41 | 142,804 | |
01/03/2025 | 34.46 | 34.46 | 32.71 | 32.71 | 175,646 | |
01/02/2025 | 33.81 | 34.81 | 33.66 | 33.71 | 86,630 | |
12/30/2024 | 33.31 | 33.46 | 32.51 | 33.46 | 61,276 | |
12/27/2024 | 32.06 | 33.31 | 32.06 | 33.21 | 62,444 | |
12/23/2024 | 30.97 | 32.11 | 30.47 | 31.82 | 39,806 | |
12/20/2024 | 30.67 | 30.97 | 29.52 | 30.27 | 125,914 | |
12/19/2024 | 30.72 | 31.22 | 30.52 | 30.82 | 78,738 | |
12/18/2024 | 31.27 | 32.86 | 30.17 | 30.72 | 240,051 | |
12/17/2024 | 32.96 | 33.16 | 31.47 | 31.82 | 113,447 | |
12/16/2024 | 33.36 | 33.71 | 32.96 | 33.21 | 33,957 | |
12/13/2024 | 34.26 | 34.26 | 32.83 | 33.72 | 77,585 | |
12/12/2024 | 33.52 | 34.26 | 33.52 | 34.26 | 31,332 | |
12/11/2024 | 34.16 | 34.26 | 33.37 | 33.57 | 33,840 | |
12/10/2024 | 35.00 | 35.00 | 32.53 | 33.82 | 138,827 | |
12/09/2024 | 34.65 | 35.00 | 34.41 | 34.46 | 20,183 | |
12/06/2024 | 34.31 | 34.85 | 34.21 | 34.65 | 28,715 | |
12/05/2024 | 34.11 | 34.85 | 33.92 | 34.36 | 69,527 | |
12/04/2024 | 34.01 | 34.85 | 34.01 | 34.11 | 58,581 | |
12/03/2024 | 33.52 | 33.96 | 33.22 | 33.82 | 79,979 | |
12/02/2024 | 33.13 | 34.16 | 32.83 | 33.62 | 71,355 | |
11/29/2024 | 32.93 | 34.06 | 32.53 | 34.01 | 58,917 | |
11/28/2024 | 33.03 | 33.67 | 31.20 | 33.03 | 202,927 | |
11/27/2024 | 33.52 | 33.52 | 33.08 | 33.37 | 60,847 | |
11/26/2024 | 34.16 | 34.21 | 33.13 | 33.42 | 64,628 | |
11/25/2024 | 35.00 | 35.94 | 34.11 | 34.16 | 70,846 | |
11/22/2024 | 35.99 | 35.99 | 34.16 | 34.70 | 105,012 | |
11/21/2024 | 36.18 | 36.18 | 35.59 | 35.59 | 40,531 | |
11/20/2024 | 35.99 | 36.28 | 35.59 | 35.99 | 27,572 | |
11/19/2024 | 36.97 | 36.97 | 35.59 | 35.94 | 35,645 | |
11/18/2024 | 36.97 | 37.07 | 36.33 | 36.63 | 45,407 | |
11/15/2024 | 36.28 | 36.87 | 36.08 | 36.48 | 96,542 | |
11/14/2024 | 37.27 | 37.27 | 35.99 | 36.33 | 37,126 | |
11/13/2024 | 37.28 | 37.28 | 36.19 | 36.44 | 48,220 | |
11/12/2024 | 37.42 | 37.42 | 36.14 | 36.93 | 49,873 | |
11/11/2024 | 37.42 | 37.42 | 36.39 | 36.49 | 42,179 | |
11/08/2024 | 36.93 | 37.42 | 36.69 | 37.03 | 59,621 | |
11/07/2024 | 37.03 | 37.03 | 36.39 | 36.64 | 68,321 | |
11/06/2024 | 36.24 | 37.23 | 36.24 | 36.34 | 66,951 | |
11/05/2024 | 36.24 | 36.83 | 35.65 | 35.80 | 27,468 | |
11/04/2024 | 35.85 | 36.44 | 35.85 | 36.19 | 28,120 | |
11/01/2024 | 35.95 | 36.19 | 35.75 | 36.00 | 25,513 | |
10/31/2024 | 36.00 | 36.00 | 35.55 | 35.80 | 13,986 | |
10/30/2024 | 35.80 | 36.34 | 35.60 | 36.00 | 89,782 | |
10/29/2024 | 35.55 | 36.09 | 35.55 | 35.85 | 56,019 | |
10/28/2024 | 36.14 | 36.34 | 35.65 | 35.65 | 31,683 | |
10/25/2024 | 36.54 | 37.03 | 35.95 | 36.05 | 36,570 | |
10/24/2024 | 37.13 | 37.18 | 36.05 | 36.64 | 31,513 |
About NorAm Drilling Stock history
NorAm Drilling 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 NorAm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NorAm Drilling AS 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 NorAm Drilling stock prices may prove useful in developing a viable investing in NorAm Drilling
NorAm Drilling Stock Technical Analysis
NorAm Drilling 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.
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NorAm Drilling Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NorAm Drilling's price direction in advance. Along with the technical and fundamental analysis of NorAm Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NorAm 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 | 0.0414 | |||
Jensen Alpha | 0.0743 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.0191 | |||
Treynor Ratio | (0.84) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in NorAm Stock
NorAm Drilling financial ratios help investors to determine whether NorAm 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 NorAm with respect to the benefits of owning NorAm Drilling security.