Sea1 Offshore (Norway) Price on December 17, 2024
SEA1 Stock | 24.10 0.45 1.90% |
If you're considering investing in Sea1 Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sea1 Offshore stands at 24.10, as last reported on the 20th of December, with the highest price reaching 24.55 and the lowest price hitting 23.15 during the day. Sea1 Offshore owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1% return per unit of risk over the last 3 months. Sea1 Offshore exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sea1 Offshore's Coefficient Of Variation of (1,008), variance of 5.98, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide.
Sea1 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sea1 |
Sharpe Ratio = -0.1001
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Estimated Market Risk
2.48 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sea1 Offshore 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 Sea1 Offshore by adding Sea1 Offshore to a well-diversified portfolio.
Sea1 Offshore Valuation on December 17, 2024
It is possible to determine the worth of Sea1 Offshore on a given historical date. On December 17, 2024 Sea1 was worth 24.8 at the beginning of the trading date compared to the closed value of 23.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sea1 Offshore stock. Still, in general, we apply an absolute valuation method to find Sea1 Offshore'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 Sea1 Offshore where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sea1 Offshore's related companies.
Open | High | Low | Close | Volume | |
25.20 | 25.40 | 24.85 | 24.95 | 111,670 | |
12/17/2024 | 24.80 | 24.80 | 23.25 | 23.25 | 408,898 |
23.30 | 23.90 | 23.30 | 23.65 | 188,876 |
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Sea1 Offshore Trading Date Momentum on December 17, 2024
On December 18 2024 Sea1 Offshore was traded for 23.65 at the closing time. The highest price during the trading period was 23.90 and the lowest recorded bid was listed for 23.30 . The volume for the day was 188.9 K. This history from December 18, 2024 contributed to the next trading day price upswing. The trading price change to the next closing price was 1.72% . The trading price change to the current price is 0.65% . |
Price Boundaries
Sea1 Offshore Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
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Sea1 Offshore December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Sea1 Offshore stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sea1 Offshore shares will generate the highest return on investment. By undertsting and applying Sea1 Offshore stock market strength indicators, traders can identify Sea1 Offshore entry and exit signals to maximize returns
Sea1 Offshore Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sea1 Offshore's price direction in advance. Along with the technical and fundamental analysis of Sea1 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sea1 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.