Odfjell B (Norway) Price History

ODFB Stock  NOK 98.60  4.40  4.27%   
If you're considering investing in Odfjell Stock, it is important to understand the factors that can impact its price. As of today, the current price of Odfjell B stands at 98.60, as last reported on the 18th of December 2024, with the highest price reaching 102.00 and the lowest price hitting 98.60 during the day. Odfjell B maintains Sharpe Ratio (i.e., Efficiency) of -0.23, which implies the firm had a -0.23% return per unit of risk over the last 3 months. Odfjell B exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Odfjell B's Variance of 5.12, risk adjusted performance of (0.15), and Coefficient Of Variation of (448.94) to confirm the risk estimate we provide.
  
Odfjell Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2289

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Estimated Market Risk

 2.3
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.53
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.23
  actual daily
0
Most of other assets perform better
Based on monthly moving average Odfjell B 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 Odfjell B by adding Odfjell B to a well-diversified portfolio.

Odfjell B Stock Price History Chart

There are several ways to analyze Odfjell Stock price data. The simplest method is using a basic Odfjell candlestick price chart, which shows Odfjell B 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 PriceOctober 4, 2024144.0
Lowest PriceDecember 17, 202498.6

Odfjell B December 18, 2024 Stock Price Synopsis

Various analyses of Odfjell B's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Odfjell Stock. It can be used to describe the percentage change in the price of Odfjell B from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Odfjell Stock.
Odfjell B Price Rate Of Daily Change 0.96 
Odfjell B Price Daily Balance Of Power(1.29)
Odfjell B Price Action Indicator(3.90)

Odfjell B December 18, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Odfjell 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 Odfjell B intraday prices and daily technical indicators to check the level of noise trading in Odfjell Stock and then apply it to test your longer-term investment strategies against Odfjell.

Odfjell Stock Price History Data

The price series of Odfjell B for the period between Thu, Sep 19, 2024 and Wed, Dec 18, 2024 has a statistical range of 45.4 with a coefficient of variation of 11.45. The daily prices for the period are spread out with arithmetic mean of 122.18. The median price for the last 90 days is 122.0. The company underwent 2:1 stock split on 6th of May 2005. Odfjell B issued dividends to stockholders on 2023-02-13.
OpenHighLowCloseVolume
12/18/2024
 102.00  102.00  98.60  98.60 
12/17/2024 102.00  102.00  98.60  98.60  23,482 
12/16/2024 105.00  105.00  101.50  103.00  27,651 
12/13/2024 106.00  106.50  104.50  105.00  11,542 
12/12/2024 108.00  108.00  103.50  105.00  47,588 
12/11/2024 108.00  108.50  106.00  106.50  5,918 
12/10/2024 107.50  107.50  105.50  106.00  7,916 
12/09/2024 109.00  110.50  107.50  108.50  8,728 
12/06/2024 108.00  111.50  106.00  108.00  26,113 
12/05/2024 108.00  108.50  106.00  107.50  49,748 
12/04/2024 105.00  109.00  105.00  107.00  14,051 
12/03/2024 103.00  105.50  103.00  105.00  20,080 
12/02/2024 105.00  106.00  103.00  103.00  61,585 
11/29/2024 110.00  110.00  106.00  106.00  71,112 
11/28/2024 108.00  110.50  108.00  108.50  12,553 
11/27/2024 113.00  113.00  107.50  108.50  19,538 
11/26/2024 111.50  114.50  111.00  112.50  14,013 
11/25/2024 112.00  113.50  110.00  111.00  6,648 
11/22/2024 119.00  119.00  110.00  113.50  8,665 
11/21/2024 112.00  112.00  109.00  111.00  13,771 
11/20/2024 110.00  113.50  110.00  112.50  6,826 
11/19/2024 108.00  113.00  108.00  109.50  7,925 
11/18/2024 110.50  112.50  108.00  110.50  33,387 
11/15/2024 112.50  113.00  110.00  111.00  12,496 
11/14/2024 108.50  113.00  108.50  113.00  27,726 
11/13/2024 109.00  111.00  107.00  107.50  13,973 
11/12/2024 111.00  111.50  107.00  107.00  6,542 
11/11/2024 109.00  112.00  108.00  112.00  23,098 
11/08/2024 111.00  112.50  107.50  111.00  81,389 
11/07/2024 109.00  114.00  109.00  110.00  48,972 
11/06/2024 122.00  122.00  109.00  109.00  111,174 
11/05/2024 119.50  122.00  119.00  121.00  10,890 
11/04/2024 123.00  123.00  119.00  119.00  12,978 
11/01/2024 123.00  124.00  121.50  122.00  4,237 
10/31/2024 125.00  125.00  121.00  122.00  7,191 
10/30/2024 126.00  126.00  122.50  122.50  7,752 
10/29/2024 126.00  127.00  125.50  126.00  13,683 
10/28/2024 129.50  129.50  124.50  126.50  11,161 
10/25/2024 129.50  130.50  127.00  129.00  15,234 
10/24/2024 127.00  132.00  126.50  126.50  85,840 
10/23/2024 135.00  135.00  128.00  129.00  8,202 
10/22/2024 132.50  134.00  128.50  133.50  11,300 
10/21/2024 131.50  132.50  130.00  131.00  6,093 
10/18/2024 131.00  133.50  130.00  131.50  6,955 
10/17/2024 134.50  134.50  131.50  132.00  5,902 
10/16/2024 135.00  135.00  132.50  134.50  7,605 
10/15/2024 138.00  138.00  134.00  135.00  7,257 
10/14/2024 141.50  141.50  138.50  139.00  9,253 
10/11/2024 140.50  144.00  140.50  143.00  19,249 
10/10/2024 142.50  143.50  141.50  141.50  10,071 
10/09/2024 143.50  143.50  141.50  142.50  5,433 
10/08/2024 141.50  143.50  141.00  142.00  22,416 
10/07/2024 140.00  142.00  140.00  142.00  3,771 
10/04/2024 138.00  144.00  137.00  144.00  10,097 
10/03/2024 136.00  137.50  134.00  137.00  8,374 
10/02/2024 137.50  137.50  134.00  134.50  5,048 
10/01/2024 135.50  138.00  134.50  138.00  7,704 
09/30/2024 137.50  138.50  135.50  136.00  12,877 
09/27/2024 137.00  138.00  136.00  136.00  6,066 
09/26/2024 136.00  136.00  134.50  136.00  31,073 
09/25/2024 138.00  138.00  135.00  135.00  12,558 

About Odfjell B Stock history

Odfjell B 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 Odfjell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Odfjell B 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 Odfjell B stock prices may prove useful in developing a viable investing in Odfjell B
Odfjell SE engages in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other special products. Odfjell SE was founded in 1914 and is headquartered in Bergen, Norway. Odfjell SE operates under Shipping Ports classification in Norway and is traded on Oslo Stock Exchange. It employs 2530 people.

Odfjell B Stock Technical Analysis

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

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Odfjell B Technical and Predictive Indicators

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

Odfjell B financial ratios help investors to determine whether Odfjell 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 Odfjell with respect to the benefits of owning Odfjell B security.