Aega ASA (Norway) Price on September 25, 2024
| AEGA Stock | NOK 0.86 0.13 17.81% |
If you're considering investing in Aega Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aega ASA stands at 0.86, as last reported on the 15th of December 2024, with the highest price reaching 1.15 and the lowest price hitting 0.73 during the day. Aega ASA is out of control given 3 months investment horizon. Aega ASA secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 4.99% are justified by taking the suggested risk. Use Aega ASA risk adjusted performance of 0.0976, and Mean Deviation of 15.52 to evaluate company specific risk that cannot be diversified away.
Aega Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aega |
Sharpe Ratio = 0.1278
| Best Portfolio | Best Equity | AEGA | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 39.07 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.99 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Aega ASA is performing at about 10% 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 Aega ASA by adding it to a well-diversified portfolio.
Aega ASA Valuation on September 25, 2024
It is possible to determine the worth of Aega ASA on a given historical date. On September 25, 2024 Aega was worth 0.35 at the beginning of the trading date compared to the closed value of 0.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aega ASA stock. Still, in general, we apply an absolute valuation method to find Aega ASA's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Aega ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aega ASA's related companies.
| Open | High | Low | Close | Volume | |
| 0.35 | 0.35 | 0.30 | 0.33 | 398,468 | |
09/25/2024 | 0.35 | 0.39 | 0.32 | 0.32 | 414,345 |
| 0.34 | 0.34 | 0.32 | 0.34 | 68,975 |
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Aega ASA Trading Date Momentum on September 25, 2024
| On September 26 2024 Aega ASA was traded for 0.34 at the closing time. The highest price during the trading period was 0.34 and the lowest recorded bid was listed for 0.32 . The volume for the day was 69 K. This history from September 26, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 6.25% . The overall trading delta to the current price is 9.37% . |
Aega ASA Fundamentals Correlations and Trends
By evaluating Aega ASA's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Aega ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aega financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aega ASA Stock history
Aega 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 Aega is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aega 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 Aega ASA stock prices may prove useful in developing a viable investing in Aega ASA
Aega ASA, a solar utility company, acquires and operates solar power plants. Aega ASA was founded in 2011 and is headquartered in Oslo, Norway. AEGA ASA operates under Financial Services classification in Norway and is traded on Oslo Stock Exchange. It employs 2 people.
Aega ASA Stock Technical Analysis
Aega 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.
Price Boundaries
Aega ASA Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Aega ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Aega ASA December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Aega ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aega ASA shares will generate the highest return on investment. By undertsting and applying Aega ASA stock market strength indicators, traders can identify Aega ASA entry and exit signals to maximize returns
Aega ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aega ASA's price direction in advance. Along with the technical and fundamental analysis of Aega Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aega 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.
| Risk Adjusted Performance | 0.0976 | |||
| Jensen Alpha | 4.91 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.2856 | |||
| Treynor Ratio | (2.39) |
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Other Information on Investing in Aega Stock
Aega ASA financial ratios help investors to determine whether Aega 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 Aega with respect to the benefits of owning Aega ASA security.