Kongsberg Gruppen (Norway) Price on November 16, 2023
| KOG Stock | NOK 1,286 12.00 0.92% |
If you're considering investing in Kongsberg Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kongsberg Gruppen stands at 1,286, as last reported on the 16th of December 2024, with the highest price reaching 1,308 and the lowest price hitting 1,277 during the day. Kongsberg Gruppen appears to be very steady, given 3 months investment horizon. Kongsberg Gruppen ASA has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kongsberg Gruppen, which you can use to evaluate the volatility of the firm. Please exercise Kongsberg Gruppen's Downside Deviation of 2.36, mean deviation of 1.57, and Risk Adjusted Performance of 0.0974 to check out if our risk estimates are consistent with your expectations.
Kongsberg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kongsberg |
Sharpe Ratio = 0.2092
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Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Kongsberg Gruppen is performing at about 16% 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 Kongsberg Gruppen by adding it to a well-diversified portfolio.
Kongsberg Gruppen Valuation on November 16, 2023
It is possible to determine the worth of Kongsberg Gruppen on a given historical date. On November 16, 2023 Kongsberg was worth 468.31 at the beginning of the trading date compared to the closed value of 461.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kongsberg Gruppen stock. Still, in general, we apply an absolute valuation method to find Kongsberg Gruppen'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 Kongsberg Gruppen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kongsberg Gruppen's related companies.
| Open | High | Low | Close | Volume | |
| 467.92 | 473.63 | 465.16 | 467.13 | 148,915 | |
11/16/2023 | 468.31 | 469.10 | 458.66 | 461.22 | 86,994 |
| 460.83 | 462.80 | 457.28 | 459.84 | 109,107 |
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Kongsberg Gruppen Trading Date Momentum on November 16, 2023
| On November 17 2023 Kongsberg Gruppen ASA was traded for 459.84 at the closing time. The maximum traded price for the trading interval was 462.80 and the lowest daily price was 457.28 . The daily volume was recorded at 109.1 K. The volume of trading on 17th of November 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.30% . The trading delta at closing time to the closing price today is 2.31% . |
Kongsberg Gruppen ASA Fundamentals Correlations and Trends
By evaluating Kongsberg Gruppen'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 Kongsberg Gruppen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kongsberg financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kongsberg Gruppen Stock history
Kongsberg Gruppen 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 Kongsberg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kongsberg Gruppen 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 Kongsberg Gruppen stock prices may prove useful in developing a viable investing in Kongsberg Gruppen
Kongsberg Gruppen ASA, together with its subsidiaries, provides technology systems and solutions to customers in deep-sea, digital, defence, merchant marine, oil and gas, fisheries, aerospace, and space industries. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway. Kongsberg Gruppen operates under Aerospace Defense classification in Norway and is traded on Oslo Stock Exchange. It employs 6881 people.
Kongsberg Gruppen Stock Technical Analysis
Kongsberg Gruppen 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
Kongsberg Gruppen Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Kongsberg Gruppen 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.
Kongsberg Gruppen December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Kongsberg Gruppen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kongsberg Gruppen shares will generate the highest return on investment. By undertsting and applying Kongsberg Gruppen stock market strength indicators, traders can identify Kongsberg Gruppen ASA entry and exit signals to maximize returns
Kongsberg Gruppen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kongsberg Gruppen's price direction in advance. Along with the technical and fundamental analysis of Kongsberg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kongsberg 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 | 0.0974 | |||
| Jensen Alpha | 0.2677 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0712 | |||
| Treynor Ratio | (2.43) |
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Other Information on Investing in Kongsberg Stock
Kongsberg Gruppen financial ratios help investors to determine whether Kongsberg 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 Kongsberg with respect to the benefits of owning Kongsberg Gruppen security.