NorAm Drilling (Norway) Price History
| NORAM Stock | 33.90 0.75 2.16% |
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 33.90, as last reported on the 27th of November, with the highest price reaching 34.70 and the lowest price hitting 33.60 during the day. NorAm Drilling AS has Sharpe Ratio of -0.0593, which conveys that the firm had a -0.0593% return per unit of risk over the last 3 months. NorAm Drilling exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NorAm Drilling's Risk Adjusted Performance of (0.05), mean deviation of 1.21, and Standard Deviation of 1.66 to check out the risk estimate we provide.
NorAm Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NorAm |
Sharpe Ratio = -0.0593
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| Negative Returns | NORAM |
Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NorAm Drilling 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 NorAm Drilling by adding NorAm Drilling 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 | September 19, 2024 | 39.17 |
| Lowest Price | November 26, 2024 | 33.9 |
NorAm Drilling November 27, 2024 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 | 0.98 | |
| NorAm Drilling Accumulation Distribution | 2,049 | |
| NorAm Drilling Price Daily Balance Of Power | (0.68) | |
| NorAm Drilling Price Action Indicator | (0.63) |
NorAm Drilling November 27, 2024 Stock Price Analysis
NorAm Stock Price History Data
The price series of NorAm Drilling for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 has a statistical range of 4.52 with a coefficient of variation of 2.74. The daily prices for the period are spread out with arithmetic mean of 36.99. The median price for the last 90 days is 37.0. The company issued dividends to stockholders on 2023-01-13.| Open | High | Low | Close | Volume | ||
| 11/26/2024 | 34.65 | 34.70 | 33.60 | 33.90 | 64,628 | |
| 11/25/2024 | 35.50 | 36.45 | 34.60 | 34.65 | 70,846 | |
| 11/22/2024 | 36.50 | 36.50 | 34.65 | 35.20 | 105,012 | |
| 11/21/2024 | 36.70 | 36.70 | 36.10 | 36.10 | 40,531 | |
| 11/20/2024 | 36.50 | 36.80 | 36.10 | 36.50 | 27,572 | |
| 11/19/2024 | 37.50 | 37.50 | 36.10 | 36.45 | 35,645 | |
| 11/18/2024 | 37.50 | 37.60 | 36.85 | 37.15 | 45,407 | |
| 11/15/2024 | 36.80 | 37.40 | 36.60 | 37.00 | 96,542 | |
| 11/14/2024 | 37.80 | 37.80 | 36.50 | 36.85 | 37,126 | |
| 11/13/2024 | 37.81 | 37.81 | 36.71 | 36.96 | 48,220 | |
| 11/12/2024 | 37.96 | 37.96 | 36.66 | 37.46 | 49,873 | |
| 11/11/2024 | 37.96 | 37.96 | 36.91 | 37.01 | 42,179 | |
| 11/08/2024 | 37.46 | 37.96 | 37.21 | 37.56 | 59,621 | |
| 11/07/2024 | 37.56 | 37.56 | 36.91 | 37.16 | 68,321 | |
| 11/06/2024 | 36.76 | 37.76 | 36.76 | 36.86 | 66,951 | |
| 11/05/2024 | 36.76 | 37.36 | 36.16 | 36.31 | 27,468 | |
| 11/04/2024 | 36.36 | 36.96 | 36.36 | 36.71 | 28,120 | |
| 11/01/2024 | 36.46 | 36.71 | 36.26 | 36.51 | 25,513 | |
| 10/31/2024 | 36.51 | 36.51 | 36.06 | 36.31 | 13,986 | |
| 10/30/2024 | 36.31 | 36.86 | 36.11 | 36.51 | 89,782 | |
| 10/29/2024 | 36.06 | 36.61 | 36.06 | 36.36 | 56,019 | |
| 10/28/2024 | 36.66 | 36.86 | 36.16 | 36.16 | 31,683 | |
| 10/25/2024 | 37.06 | 37.56 | 36.46 | 36.56 | 36,570 | |
| 10/24/2024 | 37.66 | 37.71 | 36.56 | 37.16 | 31,513 | |
| 10/23/2024 | 37.71 | 37.71 | 37.06 | 37.11 | 17,453 | |
| 10/22/2024 | 37.06 | 37.36 | 36.96 | 37.16 | 27,406 | |
| 10/21/2024 | 37.21 | 37.61 | 37.06 | 37.06 | 34,349 | |
| 10/18/2024 | 38.11 | 38.11 | 37.06 | 37.21 | 36,104 | |
| 10/17/2024 | 37.56 | 37.91 | 37.41 | 37.51 | 32,072 | |
| 10/16/2024 | 36.86 | 37.66 | 36.86 | 37.51 | 16,705 | |
| 10/15/2024 | 38.16 | 38.16 | 36.96 | 37.71 | 41,718 | |
| 10/14/2024 | 38.82 | 38.82 | 38.12 | 38.22 | 31,207 | |
| 10/11/2024 | 38.12 | 38.52 | 38.12 | 38.42 | 30,697 | |
| 10/10/2024 | 38.87 | 38.87 | 38.22 | 38.42 | 32,232 | |
| 10/09/2024 | 38.52 | 39.12 | 38.12 | 38.37 | 44,378 | |
| 10/08/2024 | 38.47 | 38.72 | 37.92 | 37.97 | 21,318 | |
| 10/07/2024 | 38.77 | 38.77 | 37.82 | 38.47 | 17,102 | |
| 10/04/2024 | 38.22 | 39.17 | 38.22 | 38.22 | 25,603 | |
| 10/03/2024 | 39.62 | 39.62 | 37.62 | 38.07 | 28,838 | |
| 10/02/2024 | 37.52 | 39.62 | 37.52 | 38.72 | 61,842 | |
| 10/01/2024 | 38.42 | 39.02 | 38.17 | 39.02 | 13,513 | |
| 09/30/2024 | 39.32 | 39.32 | 37.92 | 37.92 | 38,971 | |
| 09/27/2024 | 37.42 | 39.42 | 36.67 | 38.07 | 73,977 | |
| 09/26/2024 | 37.92 | 37.92 | 36.17 | 36.47 | 21,584 | |
| 09/25/2024 | 37.92 | 37.92 | 36.52 | 37.07 | 31,865 | |
| 09/24/2024 | 38.12 | 38.12 | 35.92 | 36.87 | 50,363 | |
| 09/23/2024 | 38.77 | 38.77 | 36.97 | 36.97 | 36,770 | |
| 09/20/2024 | 39.32 | 39.47 | 38.47 | 38.47 | 61,564 | |
| 09/19/2024 | 37.32 | 39.37 | 37.32 | 39.17 | 91,696 | |
| 09/18/2024 | 36.62 | 37.62 | 36.62 | 37.32 | 33,377 | |
| 09/17/2024 | 36.32 | 37.12 | 36.32 | 36.82 | 23,362 | |
| 09/16/2024 | 36.92 | 37.72 | 36.22 | 36.22 | 39,464 | |
| 09/13/2024 | 36.48 | 37.73 | 36.48 | 37.03 | 52,528 | |
| 09/12/2024 | 35.74 | 36.38 | 35.59 | 35.89 | 20,385 | |
| 09/11/2024 | 36.28 | 36.28 | 35.14 | 35.29 | 41,117 | |
| 09/10/2024 | 35.19 | 36.23 | 35.19 | 35.34 | 42,300 | |
| 09/09/2024 | 36.28 | 36.28 | 34.74 | 34.89 | 20,655 | |
| 09/06/2024 | 35.54 | 35.74 | 35.19 | 35.49 | 24,747 | |
| 09/05/2024 | 36.18 | 36.23 | 34.94 | 35.74 | 40,286 | |
| 09/04/2024 | 36.18 | 36.28 | 34.99 | 36.18 | 101,040 | |
| 09/03/2024 | 37.73 | 37.73 | 35.39 | 35.39 | 52,019 |
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 | (0.05) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.47) |
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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.