Romsdal Sparebank (Norway) Price History

ROMSB Stock  NOK 121.00  2.98  2.40%   
If you're considering investing in Romsdal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Romsdal Sparebank stands at 121.00, as last reported on the 11th of December 2024, with the highest price reaching 123.96 and the lowest price hitting 121.00 during the day. As of now, Romsdal Stock is very steady. Romsdal Sparebank maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Romsdal Sparebank, which you can use to evaluate the volatility of the company. Please check Romsdal Sparebank's Semi Deviation of 0.4636, risk adjusted performance of 0.0929, and Coefficient Of Variation of 790.21 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
  
Romsdal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1381

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Estimated Market Risk

 0.85
  actual daily
7
93% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average Romsdal Sparebank is performing at about 10% 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 Romsdal Sparebank by adding it to a well-diversified portfolio.

Romsdal Sparebank Stock Price History Chart

There are several ways to analyze Romsdal Stock price data. The simplest method is using a basic Romsdal candlestick price chart, which shows Romsdal Sparebank 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 PriceDecember 2, 2024124.38
Lowest PriceSeptember 19, 2024115.0

Romsdal Sparebank December 11, 2024 Stock Price Synopsis

Various analyses of Romsdal Sparebank's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Romsdal Stock. It can be used to describe the percentage change in the price of Romsdal Sparebank from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Romsdal Stock.
Romsdal Sparebank Price Rate Of Daily Change 0.98 
Romsdal Sparebank Market Facilitation Index 0.06 
Romsdal Sparebank Price Daily Balance Of Power(1.01)
Romsdal Sparebank Accumulation Distribution 1.22 
Romsdal Sparebank Price Action Indicator(2.97)

Romsdal Sparebank December 11, 2024 Stock Price Analysis

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

Romsdal Stock Price History Data

The price series of Romsdal Sparebank for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 has a statistical range of 11.88 with a coefficient of variation of 3.12. The price distribution for the period has arithmetic mean of 120.2. The median price for the last 90 days is 121.9. The company had dividends distributed to its stock-holders on 2022-03-31.
OpenHighLowCloseVolume
12/10/2024 123.96  123.96  121.00  121.00  51.00 
12/09/2024 123.98  123.98  123.98  123.98  1.00 
12/06/2024 123.98  123.98  123.98  123.98  355.00 
12/05/2024 122.84  123.98  122.50  123.98  349.00 
12/04/2024 123.40  123.40  123.40  123.40  45.00 
12/03/2024 124.38  124.38  124.38  124.38  382.00 
12/02/2024 122.98  124.38  122.98  124.38  382.00 
11/29/2024 123.86  123.86  121.00  121.00  55.00 
11/28/2024 121.00  121.00  121.00  121.00  55.00 
11/27/2024 123.86  123.86  121.00  121.00  55.00 
11/26/2024 123.96  123.96  123.96  123.96  1.00 
11/25/2024 123.96  123.96  123.96  123.96  1.00 
11/22/2024 123.96  123.96  123.96  123.96  40.00 
11/21/2024 123.98  123.98  123.98  123.98  63.00 
11/20/2024 123.98  123.98  123.98  123.98  72.00 
11/19/2024 123.98  123.98  123.98  123.98  38.00 
11/18/2024 123.98  123.98  123.98  123.98  38.00 
11/15/2024 124.00  124.00  124.00  124.00  45.00 
11/14/2024 123.40  123.40  123.40  123.40  100.00 
11/13/2024 123.40  123.40  123.40  123.40  100.00 
11/12/2024 123.40  123.40  123.40  123.40  100.00 
11/11/2024 123.40  123.40  123.40  123.40  100.00 
11/08/2024 124.40  124.40  123.40  123.40  100.00 
11/07/2024 122.90  122.90  122.90  122.90  45.00 
11/06/2024 122.90  122.90  122.90  122.90  45.00 
11/05/2024 122.90  122.90  122.90  122.90  45.00 
11/04/2024 122.90  122.90  122.90  122.90  45.00 
11/01/2024 122.90  122.90  122.90  122.90  45.00 
10/31/2024 123.00  123.00  122.00  123.00  1,634 
10/30/2024 123.00  123.00  122.00  123.00  1,634 
10/29/2024 122.02  122.02  122.00  122.00  197.00 
10/28/2024 122.00  122.00  122.00  122.00  733.00 
10/25/2024 120.80  120.80  120.80  120.80  50.00 
10/24/2024 120.80  120.80  120.80  120.80  50.00 
10/23/2024 119.98  120.00  119.98  119.98  460.00 
10/22/2024 120.04  120.04  119.98  119.98  690.00 
10/21/2024 121.98  121.98  121.98  121.98  2.00 
10/18/2024 121.52  121.52  121.52  121.52  250.00 
10/17/2024 121.52  121.52  121.52  121.52  250.00 
10/16/2024 122.00  122.00  122.00  122.00  50.00 
10/15/2024 122.00  122.00  122.00  122.00  50.00 
10/14/2024 122.00  122.00  122.00  122.00  50.00 
10/11/2024 118.00  121.90  118.00  121.90  948.00 
10/10/2024 118.00  121.90  118.00  121.90  948.00 
10/09/2024 117.50  117.96  117.50  117.96  1,049 
10/08/2024 116.98  116.98  116.98  116.98  1,273 
10/07/2024 116.00  116.00  116.00  116.00  50.00 
10/04/2024 116.18  116.70  116.18  116.70  1,400 
10/03/2024 115.90  115.90  115.90  115.90  50.00 
10/02/2024 115.90  115.90  115.90  115.90  50.00 
10/01/2024 115.90  115.90  115.90  115.90  1.00 
09/30/2024 115.90  115.90  115.90  115.90  1.00 
09/27/2024 115.90  115.90  115.90  115.90  50.00 
09/26/2024 115.90  115.90  115.90  115.90  50.00 
09/25/2024 115.00  115.00  115.00  115.00  1.00 
09/24/2024 115.00  115.00  115.00  115.00  1.00 
09/23/2024 115.00  115.00  115.00  115.00  1.00 
09/20/2024 115.00  115.00  115.00  115.00  15.00 
09/19/2024 115.00  115.00  115.00  115.00  15.00 
09/18/2024 113.56  115.40  112.68  115.40  1,144 
09/17/2024 113.56  115.40  112.68  115.40  1,144 

About Romsdal Sparebank Stock history

Romsdal Sparebank 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 Romsdal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Romsdal Sparebank 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 Romsdal Sparebank stock prices may prove useful in developing a viable investing in Romsdal Sparebank
Romsdal Sparebank operates as a savings bank that provides various financial products and services to retail and corporate customers primarily in Romsdal and southern parts of Nordmre. The company was incorporated in 1971 and is based in Elnesvgen, Norway with branch offices in Bud, Eidsvg, Farstad, and Molde, Norway. ROMSDAL SPAREBANK operates under Financial Conglomerates classification in Norway and is traded on Oslo Stock Exchange. It employs 44 people.

Romsdal Sparebank Stock Technical Analysis

Romsdal Sparebank 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 Romsdal Sparebank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Romsdal Sparebank 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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Romsdal Sparebank Technical and Predictive Indicators

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

Romsdal Sparebank financial ratios help investors to determine whether Romsdal 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 Romsdal with respect to the benefits of owning Romsdal Sparebank security.