Olav Thon (Norway) Price on January 2, 2024
OLT Stock | NOK 224.00 1.00 0.44% |
If you're considering investing in Olav Stock, it is important to understand the factors that can impact its price. As of today, the current price of Olav Thon stands at 224.00, as last reported on the 27th of December, with the highest price reaching 225.00 and the lowest price hitting 221.00 during the day. Olav Thon Eien maintains Sharpe Ratio (i.e., Efficiency) of -0.0046, which implies the firm had a -0.0046% return per unit of risk over the last 3 months. Olav Thon Eien exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Olav Thon's Risk Adjusted Performance of 0.0035, semi deviation of 0.7419, and Coefficient Of Variation of 24758.0 to confirm the risk estimate we provide.
Olav Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Olav |
Sharpe Ratio = -0.0046
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Estimated Market Risk
0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Olav Thon 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 Olav Thon by adding Olav Thon to a well-diversified portfolio.
Olav Thon Valuation on January 2, 2024
It is possible to determine the worth of Olav Thon on a given historical date. On January 2, 2024 Olav was worth 181.21 at the beginning of the trading date compared to the closed value of 177.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Olav Thon stock. Still, in general, we apply an absolute valuation method to find Olav Thon'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 Olav Thon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Olav Thon's related companies.
Open | High | Low | Close | Volume | |
174.42 | 181.69 | 172.49 | 180.72 | 39,779 | |
01/02/2024 | 181.21 | 182.66 | 177.33 | 177.82 | 13,281 |
182.18 | 183.15 | 180.24 | 181.69 | 16,110 |
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Olav Thon Trading Date Momentum on January 2, 2024
On January 03 2024 Olav Thon Eien was traded for 181.69 at the closing time. The maximum traded price for the trading interval was 183.15 and the lowest daily price was 180.24 . The daily volume was recorded at 16.1 K. The volume of trading on 3rd of January 2024 played a part in the next trading day price upswing. The trading delta at closing time to the next closing price was 2.18% . The trading delta at closing time to the closing price today is 11.17% . |
Olav Thon Eien Fundamentals Correlations and Trends
By evaluating Olav Thon'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 Olav Thon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Olav financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Olav Thon Stock history
Olav Thon 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 Olav is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Olav Thon Eien 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 Olav Thon stock prices may prove useful in developing a viable investing in Olav Thon
Olav Thon Eiendomsselskap ASA engages in the property rental business in Norway and Sweden. Olav Thon Eiendomsselskap ASA was founded in 1982 and is based in Oslo, Norway. OLAV THON operates under Retail And Malls Real Estate classification in Norway and is traded on Oslo Stock Exchange.
Olav Thon Stock Technical Analysis
Olav Thon 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
Olav Thon Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Olav Thon Eien 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.
Olav Thon December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Olav Thon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Olav Thon shares will generate the highest return on investment. By undertsting and applying Olav Thon stock market strength indicators, traders can identify Olav Thon Eien entry and exit signals to maximize returns
Olav Thon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Olav Thon's price direction in advance. Along with the technical and fundamental analysis of Olav Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Olav 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 | 0.0035 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.0854 |
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Other Information on Investing in Olav Stock
Olav Thon financial ratios help investors to determine whether Olav 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 Olav with respect to the benefits of owning Olav Thon security.