Norsk Hydro Asa Stock Price History

NHYKF Stock  USD 6.24  0.04  0.65%   
If you're considering investing in Norsk OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Norsk Hydro stands at 6.24, as last reported on the 2nd of December, with the highest price reaching 6.25 and the lowest price hitting 6.24 during the day. Norsk Hydro appears to be moderately volatile, given 3 months investment horizon. Norsk Hydro ASA has Sharpe Ratio of 0.0674, which conveys that the firm had a 0.0674% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Norsk Hydro, which you can use to evaluate the volatility of the firm. Please exercise Norsk Hydro's Mean Deviation of 2.79, risk adjusted performance of 0.059, and Downside Deviation of 3.58 to check out if our risk estimates are consistent with your expectations.
  
Norsk OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0674

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsNHYKF
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.96
  actual daily
35
65% of assets are more volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Norsk Hydro is performing at about 5% 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 Norsk Hydro by adding it to a well-diversified portfolio.

Norsk Hydro OTC Stock Price History Chart

There are several ways to analyze Norsk Stock price data. The simplest method is using a basic Norsk candlestick price chart, which shows Norsk Hydro price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 25, 20246.73
Lowest PriceSeptember 9, 20245.06

Norsk Hydro December 2, 2024 OTC Stock Price Synopsis

Various analyses of Norsk Hydro's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Norsk OTC Stock. It can be used to describe the percentage change in the price of Norsk Hydro from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Norsk OTC Stock.
Norsk Hydro Price Action Indicator 0.02 
Norsk Hydro Price Daily Balance Of Power 4.00 
Norsk Hydro Price Rate Of Daily Change 1.01 

Norsk Hydro December 2, 2024 OTC Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Norsk Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Norsk Hydro intraday prices and daily technical indicators to check the level of noise trading in Norsk Stock and then apply it to test your longer-term investment strategies against Norsk.

Norsk OTC Stock Price History Data

The price series of Norsk Hydro for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 1.67 with a coefficient of variation of 6.93. The daily prices for the period are spread out with arithmetic mean of 6.09. The median price for the last 90 days is 6.18. The company underwent 5:1 stock split on 10th of May 2006. Norsk Hydro ASA issued dividends to stockholders on 2022-09-21.
OpenHighLowCloseVolume
12/02/2024
 6.25  6.25  6.24  6.24 
11/29/2024 6.25  6.25  6.24  6.24  13,900 
11/27/2024 6.30  6.32  6.20  6.20  84,100 
11/26/2024 6.41  6.51  6.20  6.51  43,500 
11/25/2024 6.73  6.73  6.73  6.73  40,400 
11/22/2024 6.65  6.65  6.62  6.62  81,200 
11/21/2024 6.37  6.64  6.37  6.64  1,800 
11/20/2024 6.39  6.67  6.39  6.67  2,594 
11/19/2024 6.54  6.54  6.33  6.43  1,800 
11/18/2024 6.61  6.61  6.51  6.51  1,200 
11/15/2024 6.49  6.49  6.49  6.49  228.00 
11/14/2024 5.72  5.72  5.72  5.72  1.00 
11/13/2024 5.72  5.72  5.72  5.72  2,218 
11/12/2024 6.01  6.01  6.01  6.01  1.00 
11/11/2024 6.01  6.01  6.01  6.01  339.00 
11/08/2024 6.39  6.39  6.30  6.30  73,300 
11/07/2024 6.60  6.60  6.60  6.60  300.00 
11/06/2024 6.20  6.20  6.20  6.20  1.00 
11/05/2024 6.20  6.20  6.20  6.20  4,061 
11/04/2024 6.48  6.48  6.48  6.48  300.00 
11/01/2024 6.22  6.22  6.22  6.22  1.00 
10/31/2024 6.38  6.38  6.22  6.22  6,301 
10/30/2024 6.27  6.27  6.09  6.09  6,700 
10/29/2024 6.45  6.45  6.15  6.15  1,300 
10/28/2024 6.00  6.00  6.00  6.00  1.00 
10/25/2024 6.00  6.00  6.00  6.00  1.00 
10/24/2024 6.00  6.00  6.00  6.00  1.00 
10/23/2024 6.29  6.29  6.00  6.00  60,939 
10/22/2024 6.27  6.27  6.23  6.23  631.00 
10/21/2024 6.07  6.16  6.07  6.16  3,100 
10/18/2024 6.50  6.50  6.50  6.50  1,100 
10/17/2024 6.50  6.50  6.50  6.50  25,208 
10/16/2024 6.48  6.53  6.21  6.53  2,698 
10/15/2024 6.28  6.28  6.28  6.28  1.00 
10/14/2024 6.66  6.66  6.28  6.28  1,200 
10/11/2024 6.71  6.71  6.71  6.71  1,373 
10/10/2024 5.99  5.99  5.99  5.99  1.00 
10/09/2024 5.99  5.99  5.99  5.99  200.00 
10/08/2024 6.33  6.33  6.08  6.08  1,112 
10/07/2024 6.66  6.66  6.43  6.43  9,900 
10/04/2024 6.32  6.33  6.32  6.33  900.00 
10/03/2024 6.20  6.20  6.18  6.18  863.00 
10/02/2024 6.57  6.57  6.57  6.57  9,929 
10/01/2024 6.57  6.57  6.57  6.57  5,700 
09/30/2024 6.50  6.50  6.50  6.50  1.00 
09/27/2024 6.50  6.50  6.50  6.50  300.00 
09/26/2024 6.40  6.40  6.40  6.40  4,000 
09/25/2024 6.29  6.29  6.06  6.06  3,000 
09/24/2024 6.25  6.25  6.25  6.25  2,755 
09/23/2024 6.08  6.08  5.79  5.79  2,589 
09/20/2024 6.20  6.20  6.08  6.08  150.00 
09/19/2024 6.30  6.30  6.13  6.13  809.00 
09/18/2024 5.63  5.63  5.63  5.63  828.00 
09/17/2024 5.68  5.68  5.68  5.68  1.00 
09/16/2024 5.58  5.93  5.58  5.68  4,800 
09/13/2024 5.64  5.64  5.54  5.54  2,600 
09/12/2024 5.29  5.29  5.29  5.29  1,700 
09/11/2024 5.15  5.39  5.15  5.31  4,305 
09/10/2024 5.13  5.13  5.13  5.13  192.00 
09/09/2024 5.23  5.29  5.06  5.06  5,756 
09/06/2024 5.34  5.34  5.34  5.34  1,900 

About Norsk Hydro OTC Stock history

Norsk Hydro 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 Norsk is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Norsk Hydro 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 Norsk Hydro stock prices may prove useful in developing a viable investing in Norsk Hydro
Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, remelting, and recycling activities and provision of extruded solutions worldwide. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway. NORSK HYDRO operates under Aluminum classification in the United States and is traded on OTC Exchange. It employs 31000 people.

Norsk Hydro OTC Stock Technical Analysis

Norsk Hydro technical otc 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, otc market cycles, or different charting patterns.
A focus of Norsk Hydro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Norsk Hydro 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...

Did you try this?

Run Commodity Channel Now

   

Commodity Channel

Use Commodity Channel Index to analyze current equity momentum
All  Next Launch Module

Norsk Hydro Technical and Predictive Indicators

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

Complementary Tools for Norsk OTC Stock analysis

When running Norsk Hydro's price analysis, check to measure Norsk Hydro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Norsk Hydro is operating at the current time. Most of Norsk Hydro's value examination focuses on studying past and present price action to predict the probability of Norsk Hydro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norsk Hydro's price. Additionally, you may evaluate how the addition of Norsk Hydro to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios