Nordic Halibut (Norway) Price on April 25, 2023
NOHAL Stock | NOK 19.50 1.30 6.25% |
If you're considering investing in Nordic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nordic Halibut stands at 19.50, as last reported on the 14th of December 2024, with the highest price reaching 20.40 and the lowest price hitting 19.50 during the day. Nordic Halibut AS has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. Nordic Halibut exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nordic Halibut's Risk Adjusted Performance of (0.13), mean deviation of 1.82, and Standard Deviation of 2.48 to check out the risk estimate we provide.
Nordic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nordic |
Sharpe Ratio = -0.1783
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Estimated Market Risk
2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nordic Halibut 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 Nordic Halibut by adding Nordic Halibut to a well-diversified portfolio.
Nordic Halibut Valuation on April 25, 2023
It is possible to determine the worth of Nordic Halibut on a given historical date. On April 25, 2023 Nordic was worth 24.2 at the beginning of the trading date compared to the closed value of 24.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nordic Halibut stock. Still, in general, we apply an absolute valuation method to find Nordic Halibut'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 Nordic Halibut where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nordic Halibut's related companies.
Open | High | Low | Close | Volume | |
23.40 | 23.60 | 23.40 | 23.60 | 1,109 | |
04/25/2023 | 24.20 | 24.20 | 24.00 | 24.00 | 700.00 |
24.00 | 24.00 | 24.00 | 24.00 | 125.00 |
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Nordic Halibut Trading Date Momentum on April 25, 2023
On April 26 2023 Nordic Halibut AS was traded for 24.00 at the closing time. The highest price during the trading period was 24.00 and the lowest recorded bid was listed for 24.00 . The volume for the day was 125. This history from April 26, 2023 did not cause price change. The trading delta at closing time to the current price is 5.83% . |
Nordic Halibut AS Fundamentals Correlations and Trends
By evaluating Nordic Halibut'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 Nordic Halibut's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nordic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nordic Halibut Stock history
Nordic Halibut 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 Nordic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nordic Halibut 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 Nordic Halibut stock prices may prove useful in developing a viable investing in Nordic Halibut
Nordic Halibut AS produces and sells farmed Atlantic halibut products in Norway and internationally. The company was incorporated in 1995 and is headquartered in Avery, Norway. NORDIC HALIBUT is traded on Oslo Stock Exchange in Norway.
Nordic Halibut Stock Technical Analysis
Nordic Halibut 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
Nordic Halibut Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Nordic Halibut 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.
Nordic Halibut December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Nordic Halibut stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nordic Halibut shares will generate the highest return on investment. By undertsting and applying Nordic Halibut stock market strength indicators, traders can identify Nordic Halibut AS entry and exit signals to maximize returns
Nordic Halibut Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nordic Halibut's price direction in advance. Along with the technical and fundamental analysis of Nordic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nordic 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 | (0.13) | |||
Jensen Alpha | (0.49) | |||
Total Risk Alpha | (0.78) | |||
Treynor Ratio | (1.96) |
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Other Information on Investing in Nordic Stock
Nordic Halibut financial ratios help investors to determine whether Nordic 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 Nordic with respect to the benefits of owning Nordic Halibut security.