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.

Sharpe Ratio = 0.0421

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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 PriceJanuary 21, 202537.5
Lowest PriceDecember 20, 202430.27

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

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

NorAm Stock Price History Data

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

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.