Otello ASA (Norway) Price History

OTEC Stock  NOK 7.86  0.12  1.50%   
If you're considering investing in Otello Stock, it is important to understand the factors that can impact its price. As of today, the current price of Otello ASA stands at 7.86, as last reported on the 26th of November, with the highest price reaching 8.12 and the lowest price hitting 7.84 during the day. Otello ASA maintains Sharpe Ratio (i.e., Efficiency) of -0.0308, which implies the firm had a -0.0308% return per unit of risk over the last 3 months. Otello ASA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Otello ASA's Risk Adjusted Performance of (0.01), variance of 1.51, and Coefficient Of Variation of (4,089) to confirm the risk estimate we provide.
  
Otello Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0308

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Estimated Market Risk

 1.23
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Otello ASA 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 Otello ASA by adding Otello ASA to a well-diversified portfolio.

Otello ASA Stock Price History Chart

There are several ways to analyze Otello Stock price data. The simplest method is using a basic Otello candlestick price chart, which shows Otello 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 PriceSeptember 11, 20248.42
Lowest PriceOctober 8, 20247.7

Otello ASA November 26, 2024 Stock Price Synopsis

Various analyses of Otello ASA's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Otello Stock. It can be used to describe the percentage change in the price of Otello 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 Otello Stock.
Otello ASA Accumulation Distribution 5,810 
Otello ASA Price Daily Balance Of Power(0.43)
Otello ASA Price Action Indicator(0.18)
Otello ASA Price Rate Of Daily Change 0.98 

Otello ASA November 26, 2024 Stock Price Analysis

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

Otello Stock Price History Data

The price series of Otello ASA for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 has a statistical range of 0.76 with a coefficient of variation of 2.73. The daily prices for the period are spread out with arithmetic mean of 8.01. The median price for the last 90 days is 7.9. The company issued dividends to stockholders on 2022-08-09.
OpenHighLowCloseVolume
11/26/2024 7.86  8.12  7.84  7.86  168,478 
11/25/2024 7.92  8.08  7.92  7.98  41,929 
11/22/2024 7.88  8.10  7.88  8.06  96,718 
11/21/2024 7.82  7.84  7.74  7.84  33,691 
11/20/2024 7.80  7.90  7.80  7.82  31,221 
11/19/2024 7.82  7.84  7.78  7.84  26,366 
11/18/2024 7.78  7.82  7.78  7.78  18,927 
11/15/2024 7.82  7.84  7.80  7.82  26,466 
11/14/2024 7.74  7.82  7.72  7.82  26,466 
11/13/2024 7.92  7.92  7.84  7.88  107,370 
11/12/2024 7.72  7.78  7.72  7.78  2,066 
11/11/2024 7.78  7.82  7.76  7.76  12,465 
11/08/2024 7.90  7.90  7.78  7.80  34,062 
11/07/2024 7.80  7.88  7.74  7.88  55,843 
11/06/2024 7.82  7.86  7.80  7.86  18,345 
11/05/2024 7.78  7.90  7.78  7.82  15,346 
11/04/2024 7.84  7.84  7.78  7.78  52,781 
11/01/2024 7.96  7.98  7.86  7.90  4,242 
10/31/2024 7.90  7.96  7.88  7.88  23,257 
10/30/2024 7.88  7.98  7.88  7.98  10,690 
10/29/2024 7.86  7.96  7.86  7.96  27,179 
10/28/2024 7.82  8.00  7.82  7.96  28,082 
10/25/2024 7.88  7.94  7.84  7.90  46,970 
10/24/2024 7.90  7.94  7.88  7.90  35,968 
10/23/2024 7.86  7.90  7.86  7.90  36,714 
10/22/2024 7.86  7.90  7.86  7.90  3,951 
10/21/2024 8.00  8.00  7.86  7.96  34,761 
10/18/2024 7.86  7.88  7.82  7.88  33,697 
10/17/2024 7.90  7.90  7.82  7.86  46,831 
10/16/2024 7.96  7.96  7.84  7.86  53,937 
10/15/2024 7.80  7.84  7.80  7.82  34,084 
10/14/2024 7.88  7.96  7.86  7.88  24,950 
10/11/2024 7.90  7.94  7.84  7.88  34,243 
10/10/2024 7.96  7.96  7.82  7.84  86,287 
10/09/2024 7.72  7.96  7.72  7.94  71,759 
10/08/2024 8.00  8.04  7.70  7.70  27,836 
10/07/2024 7.90  8.24  7.90  8.08  52,865 
10/04/2024 7.90  7.94  7.86  7.90  36,671 
10/03/2024 7.74  8.02  7.74  7.76  53,628 
10/02/2024 7.70  7.98  7.70  7.98  30,261 
10/01/2024 7.94  8.00  7.88  7.96  50,638 
09/30/2024 7.60  7.90  7.60  7.90  61,873 
09/27/2024 7.60  7.80  7.60  7.74  289,596 
09/26/2024 7.88  7.88  7.74  7.76  198,445 
09/25/2024 7.94  7.96  7.82  7.88  94,693 
09/24/2024 7.92  8.02  7.82  7.94  145,596 
09/23/2024 8.20  8.20  8.08  8.08  38,091 
09/20/2024 8.22  8.28  8.18  8.28  32,607 
09/19/2024 8.32  8.34  8.22  8.28  80,389 
09/18/2024 8.28  8.34  8.28  8.34  45,359 
09/17/2024 8.34  8.38  8.26  8.36  81,799 
09/16/2024 8.46  8.46  8.30  8.34  43,200 
09/13/2024 8.36  8.44  8.26  8.40  104,322 
09/12/2024 8.24  8.40  8.24  8.34  64,990 
09/11/2024 8.34  8.44  8.34  8.42  61,107 
09/10/2024 8.34  8.46  8.30  8.32  97,554 
09/09/2024 8.28  8.38  8.24  8.32  79,187 
09/06/2024 8.26  8.34  8.26  8.28  125,470 
09/05/2024 8.30  8.38  8.26  8.30  127,758 
09/04/2024 8.24  8.40  8.22  8.34  136,961 
09/03/2024 8.44  8.54  8.36  8.38  126,857 

About Otello ASA Stock history

Otello 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 Otello is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Otello 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 Otello ASA stock prices may prove useful in developing a viable investing in Otello ASA
Otello Corporation ASA develops, produces, and sells software and associated services in the areas of mobile advertising, apps, and games. Otello Corporation ASA was founded in 1995 and is based in Oslo, Norway. OTELLO CORP operates under Advertising Agencies classification in Norway and is traded on Oslo Stock Exchange. It employs 607 people.

Otello ASA Stock Technical Analysis

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

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

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