Northern Ocean (Norway) Technical Analysis
| NOL Stock | NOK 9.25 0.25 2.78% |
As of the 25th of January, Northern Ocean secures the Downside Deviation of 1.33, mean deviation of 1.86, and Risk Adjusted Performance of 0.1171. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern Ocean, as well as the relationship between them. Please verify Northern Ocean maximum drawdown, as well as the relationship between the downside variance and skewness to decide if Northern Ocean is priced some-what accurately, providing market reflects its recent price of 9.25 per share.
Northern Ocean Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Northern, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NorthernNorthern |
Northern Ocean 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Northern Ocean's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Northern Ocean.
| 10/27/2025 |
| 01/25/2026 |
If you would invest 0.00 in Northern Ocean on October 27, 2025 and sell it all today you would earn a total of 0.00 from holding Northern Ocean or generate 0.0% return on investment in Northern Ocean over 90 days. Northern Ocean is related to or competes with Deep Value, Okea ASA, Odfjell Technology, Prosafe SE, Reach Subsea, Panoro Energy, and NorAm Drilling. Northern Ocean Ltd., together with its subsidiaries, provides offshore contract drilling services for the oil and gas in... More
Northern Ocean Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Northern Ocean's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Northern Ocean upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.1328 | |||
| Maximum Drawdown | 43.11 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 2.78 |
Northern Ocean Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Ocean's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northern Ocean's standard deviation. In reality, there are many statistical measures that can use Northern Ocean historical prices to predict the future Northern Ocean's volatility.| Risk Adjusted Performance | 0.1171 | |||
| Jensen Alpha | 0.8201 | |||
| Total Risk Alpha | 0.2679 | |||
| Sortino Ratio | 0.5046 | |||
| Treynor Ratio | (0.64) |
Northern Ocean January 25, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1171 | |||
| Market Risk Adjusted Performance | (0.63) | |||
| Mean Deviation | 1.86 | |||
| Semi Deviation | 0.7209 | |||
| Downside Deviation | 1.33 | |||
| Coefficient Of Variation | 674.56 | |||
| Standard Deviation | 5.06 | |||
| Variance | 25.64 | |||
| Information Ratio | 0.1328 | |||
| Jensen Alpha | 0.8201 | |||
| Total Risk Alpha | 0.2679 | |||
| Sortino Ratio | 0.5046 | |||
| Treynor Ratio | (0.64) | |||
| Maximum Drawdown | 43.11 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 2.78 | |||
| Downside Variance | 1.78 | |||
| Semi Variance | 0.5197 | |||
| Expected Short fall | (2.65) | |||
| Skewness | 7.1 | |||
| Kurtosis | 54.91 |
Northern Ocean Backtested Returns
Northern Ocean appears to be slightly risky, given 3 months investment horizon. Northern Ocean has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15 % return per unit of risk over the last 3 months. By analyzing Northern Ocean's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please exercise Northern Ocean's Risk Adjusted Performance of 0.1171, downside deviation of 1.33, and Mean Deviation of 1.86 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Northern Ocean holds a performance score of 12. The company secures a Beta (Market Risk) of -1.16, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Northern Ocean are expected to decrease by larger amounts. On the other hand, during market turmoil, Northern Ocean is expected to outperform it. Please check Northern Ocean's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether Northern Ocean's current price movements will revert.
Auto-correlation | 0.25 |
Poor predictability
Northern Ocean has poor predictability. Overlapping area represents the amount of predictability between Northern Ocean time series from 27th of October 2025 to 11th of December 2025 and 11th of December 2025 to 25th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Northern Ocean price movement. The serial correlation of 0.25 indicates that over 25.0% of current Northern Ocean price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Northern Ocean 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.
Northern Ocean Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Northern Ocean volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Northern Ocean Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Northern Ocean on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Northern Ocean based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Northern Ocean price pattern first instead of the macroeconomic environment surrounding Northern Ocean. By analyzing Northern Ocean's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Northern Ocean's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Northern Ocean specific price patterns or momentum indicators. Please read more on our technical analysis page.
Northern Ocean January 25, 2026 Technical Indicators
Most technical analysis of Northern help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Northern from various momentum indicators to cycle indicators. When you analyze Northern charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1171 | |||
| Market Risk Adjusted Performance | (0.63) | |||
| Mean Deviation | 1.86 | |||
| Semi Deviation | 0.7209 | |||
| Downside Deviation | 1.33 | |||
| Coefficient Of Variation | 674.56 | |||
| Standard Deviation | 5.06 | |||
| Variance | 25.64 | |||
| Information Ratio | 0.1328 | |||
| Jensen Alpha | 0.8201 | |||
| Total Risk Alpha | 0.2679 | |||
| Sortino Ratio | 0.5046 | |||
| Treynor Ratio | (0.64) | |||
| Maximum Drawdown | 43.11 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 2.78 | |||
| Downside Variance | 1.78 | |||
| Semi Variance | 0.5197 | |||
| Expected Short fall | (2.65) | |||
| Skewness | 7.1 | |||
| Kurtosis | 54.91 |
Northern Ocean January 25, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Northern stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.04 | ||
| Daily Balance Of Power | 0.71 | ||
| Rate Of Daily Change | 1.03 | ||
| Day Median Price | 9.07 | ||
| Day Typical Price | 9.13 | ||
| Price Action Indicator | 0.30 | ||
| Market Facilitation Index | 0.35 |
Other Information on Investing in Northern Stock
Northern Ocean financial ratios help investors to determine whether Northern 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 Northern with respect to the benefits of owning Northern Ocean security.