Norbit ASA (Norway) Technical Analysis
| NORBT Stock | NOK 187.40 17.60 8.59% |
As of the 12th of February 2026, Norbit ASA secures the Mean Deviation of 1.95, standard deviation of 2.52, and Risk Adjusted Performance of 0.0023. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Norbit ASA, as well as the relationship between them.
Norbit ASA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Norbit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NorbitNorbit |
Norbit ASA '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 Norbit ASA'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 Norbit ASA.
| 11/14/2025 |
| 02/12/2026 |
If you would invest 0.00 in Norbit ASA on November 14, 2025 and sell it all today you would earn a total of 0.00 from holding Norbit ASA or generate 0.0% return on investment in Norbit ASA over 90 days. Norbit ASA is related to or competes with Kitron ASA, Atea ASA, Pexip Holding, Bouvet, Polight ASA, Next Biometrics, and Ensurge Micropower. It operates through three segments Oceans, Intelligent Traffic Systems, and Product Innovation Realization More
Norbit ASA 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 Norbit ASA'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 Norbit ASA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.72 | |||
| Value At Risk | (4.22) | |||
| Potential Upside | 3.84 |
Norbit ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norbit ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Norbit ASA's standard deviation. In reality, there are many statistical measures that can use Norbit ASA historical prices to predict the future Norbit ASA's volatility.| Risk Adjusted Performance | 0.0023 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Norbit ASA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Norbit ASA February 12, 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 | 0.0023 | |||
| Market Risk Adjusted Performance | (0.03) | |||
| Mean Deviation | 1.95 | |||
| Coefficient Of Variation | (17,231) | |||
| Standard Deviation | 2.52 | |||
| Variance | 6.37 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.04) | |||
| Maximum Drawdown | 9.72 | |||
| Value At Risk | (4.22) | |||
| Potential Upside | 3.84 | |||
| Skewness | (0.52) | |||
| Kurtosis | 0.9616 |
Norbit ASA Backtested Returns
As of now, Norbit Stock is very steady. Norbit ASA has Sharpe Ratio of 0.0537, which conveys that the firm had a 0.0537 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Norbit ASA, which you can use to evaluate the volatility of the firm. Please verify Norbit ASA's Risk Adjusted Performance of 0.0023, standard deviation of 2.52, and Mean Deviation of 1.95 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. Norbit ASA has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Norbit ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Norbit ASA is expected to be smaller as well. Norbit ASA right now secures a risk of 2.57%. Please verify Norbit ASA treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Norbit ASA will be following its current price movements.
Auto-correlation | 0.01 |
Virtually no predictability
Norbit ASA has virtually no predictability. Overlapping area represents the amount of predictability between Norbit ASA time series from 14th of November 2025 to 29th of December 2025 and 29th of December 2025 to 12th of February 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 Norbit ASA price movement. The serial correlation of 0.01 indicates that just 1.0% of current Norbit ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 22.47 |
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.
Norbit ASA Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Normalized Average True Range is used to analyze tradable apportunities for Norbit ASA across different markets.
About Norbit ASA 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 Norbit ASA 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 Norbit ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Norbit ASA price pattern first instead of the macroeconomic environment surrounding Norbit ASA. By analyzing Norbit ASA'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 Norbit ASA'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 Norbit ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Norbit ASA February 12, 2026 Technical Indicators
Most technical analysis of Norbit 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 Norbit from various momentum indicators to cycle indicators. When you analyze Norbit 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 | 0.0023 | |||
| Market Risk Adjusted Performance | (0.03) | |||
| Mean Deviation | 1.95 | |||
| Coefficient Of Variation | (17,231) | |||
| Standard Deviation | 2.52 | |||
| Variance | 6.37 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.04) | |||
| Maximum Drawdown | 9.72 | |||
| Value At Risk | (4.22) | |||
| Potential Upside | 3.84 | |||
| Skewness | (0.52) | |||
| Kurtosis | 0.9616 |
Norbit ASA February 12, 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 Norbit 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 | 62,799 | ||
| Daily Balance Of Power | (1.49) | ||
| Rate Of Daily Change | 0.91 | ||
| Day Median Price | 186.50 | ||
| Day Typical Price | 186.80 | ||
| Price Action Indicator | (7.90) |
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.