Horisont Energi (Norway) Price on December 19, 2024

HRGI Stock  NOK 2.00  0.05  2.44%   
If you're considering investing in Horisont Stock, it is important to understand the factors that can impact its price. As of today, the current price of Horisont Energi stands at 2.00, as last reported on the 21st of December, with the highest price reaching 2.05 and the lowest price hitting 1.94 during the day. Horisont Energi AS holds Efficiency (Sharpe) Ratio of -0.2, which attests that the entity had a -0.2% return per unit of risk over the last 3 months. Horisont Energi AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Horisont Energi's Risk Adjusted Performance of (0.12), market risk adjusted performance of 1.46, and Standard Deviation of 3.81 to validate the risk estimate we provide.
  
Horisont Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1979

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Estimated Market Risk

 3.66
  actual daily
32
68% of assets are more volatile

Expected Return

 -0.72
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.2
  actual daily
0
Most of other assets perform better
Based on monthly moving average Horisont Energi 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 Horisont Energi by adding Horisont Energi to a well-diversified portfolio.

Horisont Energi Valuation on December 19, 2024

It is possible to determine the worth of Horisont Energi on a given historical date. On December 19, 2024 Horisont was worth 2.3 at the beginning of the trading date compared to the closed value of 2.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Horisont Energi stock. Still, in general, we apply an absolute valuation method to find Horisont Energi'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 Horisont Energi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Horisont Energi's related companies.
 Open High Low Close Volume
  2.23    2.33    2.19    2.33    286,234  
12/19/2024
  2.30    2.36    2.01    2.05    282,897  
  2.00    2.05    1.94    2.00    213,538  
Backtest Horisont Energi  |  Horisont Energi History  |  Horisont Energi Valuation   PreviousNext  
Open Value
2.3
2.05
Closing Value
13.27
Upside

Horisont Energi Trading Date Momentum on December 19, 2024

On December 20 2024 Horisont Energi AS was traded for  2.00  at the closing time. The highest price during the trading period was 2.05  and the lowest recorded bid was listed for  1.94 . The volume for the day was 213.5 K. This history from December 20, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.44% . The trading delta at closing time to the current price is 2.44% .

Horisont Energi AS Fundamentals Correlations and Trends

By evaluating Horisont Energi'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 Horisont Energi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Horisont financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Horisont Energi Stock history

Horisont Energi 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 Horisont is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Horisont Energi AS 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 Horisont Energi stock prices may prove useful in developing a viable investing in Horisont Energi
Horisont Energi AS focuses on the production of blue hydrogen and blue ammonia in Norway. Horisont Energi AS was founded in 2019 and is headquartered in Sandnes, Norway. HORISONT ENERGI is traded on Oslo Stock Exchange in Norway.

Horisont Energi Stock Technical Analysis

Horisont Energi 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 Horisont Energi technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Horisont Energi 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...

Price Boundaries

Horisont Energi Period Price Range

Low
December 21, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Horisont Energi AS 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.

Horisont Energi December 21, 2024 Market Strength

Market strength indicators help investors to evaluate how Horisont Energi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Horisont Energi shares will generate the highest return on investment. By undertsting and applying Horisont Energi stock market strength indicators, traders can identify Horisont Energi AS entry and exit signals to maximize returns

Horisont Energi Technical and Predictive Indicators

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

Horisont Energi financial ratios help investors to determine whether Horisont 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 Horisont with respect to the benefits of owning Horisont Energi security.