Archer (Norway) Price on July 12, 2023
| ARCH Stock | NOK 22.99 0.01 0.04% |
If you're considering investing in Archer Stock, it is important to understand the factors that can impact its price. As of today, the current price of Archer stands at 22.99, as last reported on the 23rd of December, with the highest price reaching 23.06 and the lowest price hitting 22.10 during the day. As of now, Archer Stock is very steady. Archer Limited secures Sharpe Ratio (or Efficiency) of 0.0137, which signifies that the company had a 0.0137% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for Archer Limited, which you can use to evaluate the volatility of the firm. Please confirm Archer's risk adjusted performance of (0.01), and Mean Deviation of 1.43 to double-check if the risk estimate we provide is consistent with the expected return of 0.0269%.
Archer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Archer |
Sharpe Ratio = 0.0137
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ARCH |
Estimated Market Risk
| 1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Archer is performing at about 1% 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 Archer by adding it to a well-diversified portfolio.
Archer Valuation on July 12, 2023
It is possible to determine the worth of Archer on a given historical date. On July 12, 2023 Archer was worth 0.86 at the beginning of the trading date compared to the closed value of 22.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Archer stock. Still, in general, we apply an absolute valuation method to find Archer'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 Archer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Archer's related companies.
| Open | High | Low | Close | Volume | |
| 0.85 | 21.30 | 21.30 | 21.30 | 169,881 | |
07/12/2023 | 0.86 | 22.55 | 22.55 | 22.55 | 351,003 |
| 0.90 | 21.90 | 21.90 | 21.90 | 138,544 |
| Backtest Archer | | | Archer History | | | Archer Valuation | Previous | Next |
Archer Trading Date Momentum on July 12, 2023
| On July 13 2023 Archer Limited was traded for 21.90 at the closing time. The highest price during the trading period was 21.90 and the lowest recorded bid was listed for 21.90 . The volume for the day was 138.5 K. This history from July 13, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.88% . The overall trading delta to the current price is 2.66% . |
Archer Limited Fundamentals Correlations and Trends
By evaluating Archer'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 Archer's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Archer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Archer Stock history
Archer 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 Archer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Archer Limited 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 Archer stock prices may prove useful in developing a viable investing in Archer
Archer Limited, an oilfield service company, provides various oilfield products and services to the oil and gas industry. Archer Limited was founded in 2007 and is based in Hamilton, Bermuda. ARCHER is traded on Oslo Stock Exchange in Norway.
Archer Stock Technical Analysis
Archer 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
Archer Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Archer Limited 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.
Archer December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Archer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Archer shares will generate the highest return on investment. By undertsting and applying Archer stock market strength indicators, traders can identify Archer Limited entry and exit signals to maximize returns
Archer Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Archer's price direction in advance. Along with the technical and fundamental analysis of Archer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Archer 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 | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.66) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Archer Stock
Archer financial ratios help investors to determine whether Archer 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 Archer with respect to the benefits of owning Archer security.