Norbit ASA (Norway) Price History

NORBT Stock  NOK 96.30  1.10  1.16%   
If you're considering investing in Norbit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Norbit ASA stands at 96.30, as last reported on the 1st of December, with the highest price reaching 97.00 and the lowest price hitting 95.00 during the day. As of now, Norbit Stock is very steady. Norbit ASA has Sharpe Ratio of 0.0594, which conveys that the firm had a 0.0594% return per unit of risk over the last 3 months. We have found thirty technical indicators for Norbit ASA, which you can use to evaluate the volatility of the firm. Please verify Norbit ASA's Mean Deviation of 1.49, risk adjusted performance of 0.0277, and Downside Deviation of 1.61 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
  
Norbit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0594

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Estimated Market Risk

 1.91
  actual daily
17
83% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Norbit ASA 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 Norbit ASA by adding it to a well-diversified portfolio.

Norbit ASA Stock Price History Chart

There are several ways to analyze Norbit Stock price data. The simplest method is using a basic Norbit candlestick price chart, which shows Norbit 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 PriceOctober 25, 202497.0
Lowest PriceOctober 1, 202482.6

Norbit ASA December 1, 2024 Stock Price Synopsis

Various analyses of Norbit ASA's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Norbit Stock. It can be used to describe the percentage change in the price of Norbit 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 Norbit Stock.
Norbit ASA Price Rate Of Daily Change 1.01 
Norbit ASA Price Action Indicator 0.85 
Norbit ASA Price Daily Balance Of Power 0.55 

Norbit ASA December 1, 2024 Stock Price Analysis

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

Norbit Stock Price History Data

The price series of Norbit ASA for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 14.4 with a coefficient of variation of 4.54. The daily prices for the period are spread out with arithmetic mean of 90.75. The median price for the last 90 days is 91.2. The company issued dividends to stockholders on 2022-05-05.
OpenHighLowCloseVolume
12/01/2024
 95.00  97.00  95.00  96.30 
11/29/2024 95.00  97.00  95.00  96.30  210,405 
11/28/2024 96.80  96.80  94.00  95.20  47,758 
11/27/2024 93.00  96.00  93.00  95.60  216,946 
11/26/2024 94.10  94.60  93.00  93.50  177,268 
11/25/2024 97.00  97.00  94.00  94.50  56,640 
11/22/2024 96.70  97.00  94.70  95.00  189,428 
11/21/2024 96.00  97.90  95.20  96.00  228,132 
11/20/2024 93.80  96.90  93.00  96.00  188,493 
11/19/2024 90.00  93.80  89.80  93.80  165,254 
11/18/2024 90.70  90.70  88.90  89.70  99,311 
11/15/2024 89.70  92.50  87.90  89.80  338,101 
11/14/2024 88.00  91.00  85.00  89.50  255,414 
11/13/2024 90.70  94.30  90.70  94.00  65,167 
11/12/2024 90.00  92.80  90.00  92.70  156,415 
11/11/2024 93.00  93.50  90.10  91.80  109,048 
11/08/2024 93.40  95.00  92.00  93.30  65,621 
11/07/2024 93.40  93.50  89.30  92.00  58,320 
11/06/2024 94.10  96.00  93.00  93.40  53,939 
11/05/2024 95.00  96.00  94.30  95.00  35,693 
11/04/2024 96.00  96.00  95.00  95.50  27,438 
11/01/2024 96.00  96.00  94.70  96.00  34,990 
10/31/2024 96.00  96.00  94.10  94.70  24,853 
10/30/2024 96.80  96.80  94.80  95.60  170,760 
10/29/2024 96.80  97.00  95.80  95.80  92,722 
10/28/2024 97.00  97.00  96.00  96.40  68,207 
10/25/2024 97.00  97.00  96.60  97.00  48,885 
10/24/2024 96.80  98.30  96.20  96.70  86,607 
10/23/2024 94.00  96.50  93.90  96.00  45,481 
10/22/2024 94.00  94.00  91.50  93.00  10,931 
10/21/2024 90.80  94.70  89.80  93.40  51,638 
10/18/2024 92.40  92.40  90.10  90.20  124,898 
10/17/2024 90.50  91.90  90.40  91.90  43,284 
10/16/2024 92.40  92.40  90.40  90.70  25,032 
10/15/2024 91.00  91.90  90.10  91.80  22,264 
10/14/2024 91.60  93.60  91.00  91.00  32,919 
10/11/2024 93.50  93.90  91.40  91.40  29,620 
10/10/2024 86.00  94.50  86.00  93.60  197,819 
10/09/2024 87.00  88.80  87.00  87.10  29,438 
10/08/2024 86.00  88.20  85.80  88.00  33,719 
10/07/2024 86.00  86.90  85.00  86.50  26,305 
10/04/2024 85.40  88.00  85.00  87.00  144,269 
10/03/2024 82.20  85.80  82.20  85.10  82,800 
10/02/2024 82.60  83.40  82.00  82.60  16,605 
10/01/2024 83.00  83.90  82.20  82.60  40,042 
09/30/2024 85.10  85.10  82.50  83.50  34,798 
09/27/2024 83.50  85.90  83.30  85.20  26,241 
09/26/2024 84.90  85.70  83.20  83.40  29,335 
09/25/2024 86.00  86.00  83.60  83.60  20,041 
09/24/2024 86.10  86.10  84.10  85.50  36,082 
09/23/2024 86.10  87.10  86.00  86.40  11,421 
09/20/2024 88.20  89.50  86.10  86.10  62,486 
09/19/2024 87.50  88.20  86.50  88.00  31,089 
09/18/2024 87.50  88.10  87.00  87.00  18,338 
09/17/2024 90.00  91.10  87.50  88.30  117,182 
09/16/2024 92.40  92.40  89.50  89.60  21,153 
09/13/2024 89.20  91.20  87.90  91.20  113,190 
09/12/2024 88.00  89.00  87.70  88.30  30,446 
09/11/2024 86.40  87.30  85.40  86.90  34,374 
09/10/2024 87.50  88.00  85.80  85.80  45,663 
09/09/2024 87.80  88.90  87.40  87.50  19,008 

About Norbit ASA Stock history

Norbit 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 Norbit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Norbit 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 Norbit ASA stock prices may prove useful in developing a viable investing in Norbit ASA
It operates through three segments Oceans, Intelligent Traffic Systems, and Product Innovation Realization. The company was founded in 1980 and is headquartered in Trondheim, Norway. NORBIT ASA is traded on Oslo Stock Exchange in Norway.

Norbit ASA Stock Technical Analysis

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

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

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