Kongsberg Gruppen Asa Stock Price on April 24, 2024
| NSKFF Stock | USD 77.34 0.54 0.70% |
If you're considering investing in Kongsberg Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Kongsberg Gruppen stands at 77.34, as last reported on the 17th of May 2024, with the highest price reaching 77.34 and the lowest price hitting 77.34 during the day. Kongsberg Gruppen appears to be out of control, given 3 months investment horizon. Kongsberg Gruppen ASA has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. By analyzing Kongsberg Gruppen's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please exercise Kongsberg Gruppen's Risk Adjusted Performance of 0.0809, mean deviation of 3.81, and Downside Deviation of 6.44 to check out if our risk estimates are consistent with your expectations.
Kongsberg Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Kongsberg |
Sharpe Ratio = 0.1095
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Estimated Market Risk
| 5.88 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Kongsberg Gruppen is performing at about 8% 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 Kongsberg Gruppen by adding it to a well-diversified portfolio.
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Kongsberg Gruppen Valuation on April 24, 2024
It is possible to determine the worth of Kongsberg Gruppen on a given historical date. On April 24, 2024 Kongsberg was worth 67.1 at the beginning of the trading date compared to the closed value of 67.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kongsberg Gruppen pink sheet. Still, in general, we apply an absolute valuation method to find Kongsberg Gruppen'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 Kongsberg Gruppen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kongsberg Gruppen's related companies.
| Open | High | Low | Close | Volume | |
| 67.10 | 67.10 | 67.10 | 67.10 | 1.00 | |
04/24/2024 | 67.10 | 67.10 | 67.10 | 67.10 | 1.00 |
| 69.13 | 69.13 | 62.28 | 62.28 | 151.00 |
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Kongsberg Gruppen Trading Date Momentum on April 24, 2024
| On April 25 2024 Kongsberg Gruppen ASA was traded for 62.28 at the closing time. The highest daily price throughout the period was 69.13 and the lowest price was 62.28 . The daily volume was 151. The net trading volume on 04/25/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 7.18% . The trading delta at closing time to current closing price is 2.83% . |
Kongsberg Gruppen ASA Fundamentals Correlations and Trends
By evaluating Kongsberg Gruppen'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 Kongsberg Gruppen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kongsberg financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kongsberg Gruppen Pink Sheet history
Kongsberg Gruppen 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 Kongsberg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kongsberg Gruppen 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 Kongsberg Gruppen stock prices may prove useful in developing a viable investing in Kongsberg Gruppen
Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway. Kongsberg Gruppen operates under Aerospace Defense classification in the United States and is traded on OTC Exchange. It employs 11364 people.
Kongsberg Gruppen Pink Sheet Technical Analysis
Kongsberg Gruppen technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Kongsberg Gruppen Period Price Range
Low | April 24, 2024
| High |
67.10 | 67.10 |
Kongsberg Gruppen May 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Kongsberg Gruppen pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kongsberg Gruppen shares will generate the highest return on investment. By undertsting and applying Kongsberg Gruppen pink sheet market strength indicators, traders can identify Kongsberg Gruppen ASA entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 67.1 | |||
| Day Typical Price | 67.1 | |||
| Period Momentum Indicator | 10.24 | |||
| Relative Strength Index | 60.6 |
Kongsberg Gruppen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kongsberg Gruppen's price direction in advance. Along with the technical and fundamental analysis of Kongsberg Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kongsberg 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.
| Risk Adjusted Performance | 0.0809 | |||
| Jensen Alpha | 0.4726 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0906 | |||
| Treynor Ratio | 0.3217 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kongsberg Gruppen ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Kongsberg Gruppen ASA information on this page should be used as a complementary analysis to other Kongsberg Gruppen's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Kongsberg Pink Sheet analysis
When running Kongsberg Gruppen's price analysis, check to measure Kongsberg Gruppen'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 Kongsberg Gruppen is operating at the current time. Most of Kongsberg Gruppen's value examination focuses on studying past and present price action to predict the probability of Kongsberg Gruppen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kongsberg Gruppen's price. Additionally, you may evaluate how the addition of Kongsberg Gruppen to your portfolios can decrease your overall portfolio volatility.
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