Schibsted ASA (Norway) Price on November 21, 2024

SCHA Stock  NOK 353.00  10.20  2.98%   
If you're considering investing in Schibsted Stock, it is important to understand the factors that can impact its price. As of today, the current price of Schibsted ASA stands at 353.00, as last reported on the 30th of December, with the highest price reaching 355.20 and the lowest price hitting 342.80 during the day. As of now, Schibsted Stock is very steady. Schibsted ASA A owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0519, which indicates the firm had a 0.0519% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Schibsted ASA A, which you can use to evaluate the volatility of the company. Please validate Schibsted ASA's Coefficient Of Variation of 1785.27, semi deviation of 1.61, and Risk Adjusted Performance of 0.0502 to confirm if the risk estimate we provide is consistent with the expected return of 0.0936%.
  
Schibsted Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0519

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskSCHAHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.81
  actual daily
16
84% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Schibsted ASA is performing at about 4% 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 Schibsted ASA by adding it to a well-diversified portfolio.

Schibsted ASA Valuation on November 21, 2024

It is possible to determine the worth of Schibsted ASA on a given historical date. On November 21, 2024 Schibsted was worth 362.0 at the beginning of the trading date compared to the closed value of 367.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Schibsted ASA stock. Still, in general, we apply an absolute valuation method to find Schibsted ASA'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 Schibsted ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Schibsted ASA's related companies.
 Open High Low Close Volume
  373.80    375.40    361.80    361.80    260,025  
11/21/2024
  362.00    368.20    358.40    367.20    189,743  
  362.40    372.00    362.40    368.40    91,809  
Backtest Schibsted ASA  |  Schibsted ASA History  |  Schibsted ASA Valuation   PreviousNext  
Open Value
362.0
356.58
Downside
367.2
Closing Value
367.42
Upside

Schibsted ASA Trading Date Momentum on November 21, 2024

On November 22 2024 Schibsted ASA A was traded for  368.40  at the closing time. The highest price during the trading period was 372.00  and the lowest recorded bid was listed for  362.40 . The volume for the day was 91.8 K. This history from November 22, 2024 contributed to the next trading day price upswing. The trading price change to the next closing price was 0.33% . The trading price change to the current price is 3.21% .

Schibsted ASA A Fundamentals Correlations and Trends

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

About Schibsted ASA Stock history

Schibsted ASA 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 Schibsted is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Schibsted ASA A 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 Schibsted ASA stock prices may prove useful in developing a viable investing in Schibsted ASA
Schibsted ASA, together with its subsidiaries, operates as a media company. The company was founded in 18 and is headquartered in Oslo, Norway. SCHIBSTED ASA operates under Publishing classification in Norway and is traded on Oslo Stock Exchange. It employs 8349 people.

Schibsted ASA Stock Technical Analysis

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

Schibsted ASA Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Schibsted ASA A 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.

Schibsted ASA December 30, 2024 Market Strength

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

Schibsted ASA Technical and Predictive Indicators

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

Schibsted ASA financial ratios help investors to determine whether Schibsted 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 Schibsted with respect to the benefits of owning Schibsted ASA security.