Odfjell Drilling (Norway) Price History

ODL Stock  NOK 50.60  0.50  0.98%   
If you're considering investing in Odfjell Stock, it is important to understand the factors that can impact its price. As of today, the current price of Odfjell Drilling stands at 50.60, as last reported on the 23rd of November, with the highest price reaching 51.50 and the lowest price hitting 50.30 during the day. Odfjell Drilling maintains Sharpe Ratio (i.e., Efficiency) of -0.0552, which implies the firm had a -0.0552% return per unit of risk over the last 3 months. Odfjell Drilling exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Odfjell Drilling's Variance of 4.33, coefficient of variation of (2,430), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
  
Odfjell Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0552

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Estimated Market Risk

 2.1
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.12
  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 Odfjell 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 Odfjell Drilling by adding Odfjell Drilling to a well-diversified portfolio.

Odfjell Drilling Stock Price History Chart

There are several ways to analyze Odfjell Stock price data. The simplest method is using a basic Odfjell candlestick price chart, which shows Odfjell 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 PriceSeptember 2, 202454.8
Lowest PriceSeptember 26, 202448.97

Odfjell Drilling November 23, 2024 Stock Price Synopsis

Various analyses of Odfjell Drilling's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Odfjell Stock. It can be used to describe the percentage change in the price of Odfjell 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 Odfjell Stock.
Odfjell Drilling Accumulation Distribution 7,420 
Odfjell Drilling Price Daily Balance Of Power(0.42)
Odfjell Drilling Price Action Indicator(0.55)
Odfjell Drilling Price Rate Of Daily Change 0.99 

Odfjell Drilling November 23, 2024 Stock Price Analysis

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

Odfjell Stock Price History Data

The price series of Odfjell Drilling for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 has a statistical range of 6.36 with a coefficient of variation of 2.8. The daily prices for the period are spread out with arithmetic mean of 51.61. The median price for the last 90 days is 51.34. The company underwent 2385:2369 stock split on 20th of April 2018. Odfjell Drilling issued dividends to stockholders on 2014-03-18.
OpenHighLowCloseVolume
11/22/2024 51.20  51.50  50.30  50.60  318,452 
11/21/2024 50.70  51.40  50.70  51.10  206,795 
11/20/2024 51.40  51.80  50.80  50.80  251,010 
11/19/2024 51.50  52.10  51.10  51.40  200,340 
11/18/2024 52.40  52.40  51.50  51.90  199,345 
11/15/2024 52.80  53.20  51.80  52.30  148,974 
11/14/2024 51.74  53.12  51.64  52.23  341,847 
11/13/2024 50.55  51.34  50.26  51.05  205,662 
11/12/2024 51.34  51.64  50.06  50.65  372,033 
11/11/2024 51.05  52.13  51.05  51.74  219,816 
11/08/2024 53.12  53.51  51.05  51.14  238,825 
11/07/2024 53.81  55.29  52.72  53.12  463,290 
11/06/2024 51.93  54.01  50.95  53.71  660,460 
11/05/2024 51.44  52.43  50.95  51.64  308,499 
11/04/2024 50.35  51.34  49.76  51.05  243,366 
11/01/2024 50.16  50.85  49.86  49.86  184,037 
10/31/2024 50.45  50.45  49.37  50.16  291,978 
10/30/2024 49.56  50.06  49.37  49.96  676,843 
10/29/2024 49.56  50.26  49.17  49.56  285,566 
10/28/2024 50.55  50.55  49.02  49.17  259,378 
10/25/2024 50.35  50.95  50.16  50.65  172,667 
10/24/2024 50.95  51.74  50.26  50.26  204,133 
10/23/2024 51.34  51.74  50.26  50.55  394,154 
10/22/2024 51.84  52.13  50.95  51.34  137,078 
10/21/2024 50.95  52.63  50.85  52.03  266,184 
10/18/2024 50.55  52.03  50.55  51.14  273,085 
10/17/2024 50.65  51.05  49.96  50.55  245,855 
10/16/2024 49.86  50.65  49.86  50.26  180,176 
10/15/2024 50.95  51.24  49.47  50.06  289,618 
10/14/2024 51.64  52.13  50.85  51.34  268,554 
10/11/2024 50.65  52.13  50.65  51.93  233,818 
10/10/2024 50.55  51.74  50.35  51.34  196,553 
10/09/2024 51.14  51.34  50.45  50.55  209,125 
10/08/2024 52.82  52.92  51.24  51.24  354,924 
10/07/2024 53.22  53.81  52.82  53.32  269,244 
10/04/2024 50.75  53.32  50.75  53.32  448,561 
10/03/2024 51.05  51.05  50.16  50.65  419,225 
10/02/2024 50.26  51.54  49.56  51.14  639,017 
10/01/2024 50.06  50.55  49.47  50.16  850,741 
09/30/2024 49.86  50.26  49.56  50.26  323,111 
09/27/2024 49.37  49.96  48.82  49.86  995,362 
09/26/2024 49.37  49.76  47.49  48.97  26,615,740 
09/25/2024 53.32  53.61  51.54  51.54  274,628 
09/24/2024 54.80  54.99  53.12  53.81  356,166 
09/23/2024 52.13  53.71  52.13  53.71  347,004 
09/20/2024 51.84  52.53  51.64  52.53  578,873 
09/19/2024 51.93  53.02  51.93  52.03  376,528 
09/18/2024 52.33  52.43  50.95  51.84  265,233 
09/17/2024 50.75  52.13  50.75  52.13  232,464 
09/16/2024 52.63  52.63  51.05  51.64  151,032 
09/13/2024 50.85  52.23  50.65  51.93  456,010 
09/12/2024 51.05  51.64  50.65  50.95  231,609 
09/11/2024 50.16  51.05  49.66  50.26  624,673 
09/10/2024 50.35  51.34  49.56  49.56  290,097 
09/09/2024 50.55  51.54  50.16  50.75  498,937 
09/06/2024 51.24  52.03  50.45  52.03  275,997 
09/05/2024 53.02  53.02  50.35  51.34  691,160 
09/04/2024 52.33  53.51  51.84  52.92  386,274 
09/03/2024 54.99  55.78  53.12  53.12  447,523 
09/02/2024 54.01  54.99  52.63  54.80  656,349 
08/30/2024 53.22  53.51  52.43  52.53  287,349 

About Odfjell Drilling Stock history

Odfjell 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 Odfjell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Odfjell Drilling 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 Odfjell Drilling stock prices may prove useful in developing a viable investing in Odfjell Drilling
Odfjell Drilling Ltd. operates as an integrated offshore drilling, well service, and engineering company worldwide. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Ltd. ODFJELL DRILLING operates under Oil Gas Drilling classification in Norway and is traded on Oslo Stock Exchange. It employs 2377 people.

Odfjell Drilling Stock Technical Analysis

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

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

Odfjell Drilling financial ratios help investors to determine whether Odfjell 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 Odfjell with respect to the benefits of owning Odfjell Drilling security.