Africa Oil (Sweden) Price History

AOI Stock  SEK 19.64  0.34  1.70%   
If you're considering investing in Africa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Africa Oil stands at 19.64, as last reported on the 19th of April, with the highest price reaching 19.80 and the lowest price hitting 19.30 during the day. We consider Africa Oil not too volatile. Africa Oil Corp secures Sharpe Ratio (or Efficiency) of 0.0077, which signifies that the company had a 0.0077% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Africa Oil Corp, which you can use to evaluate the volatility of the firm. Please confirm Africa Oil's Mean Deviation of 1.58, risk adjusted performance of 0.0072, and Standard Deviation of 2.32 to double-check if the risk estimate we provide is consistent with the expected return of 0.0181%.
  
Africa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0077

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Estimated Market Risk

 2.34
  actual daily
20
80% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Africa Oil 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 Africa Oil by adding Africa Oil to a well-diversified portfolio.

Africa Oil Stock Price History Chart

There are several ways to analyze Africa Stock price data. The simplest method is using a basic Africa candlestick price chart, which shows Africa Oil 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 PriceJanuary 29, 202420.65
Lowest PriceFebruary 27, 202415.45

Africa Oil April 19, 2024 Stock Price Synopsis

Various analyses of Africa Oil's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Africa Stock. It can be used to describe the percentage change in the price of Africa Oil from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Africa Stock.
Africa Oil Price Action Indicator(0.08)
Africa Oil Price Daily Balance Of Power(0.68)
Africa Oil Price Rate Of Daily Change 0.98 

Africa Oil April 19, 2024 Stock Price Analysis

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

Africa Stock Price History Data

The price series of Africa Oil for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 has a statistical range of 5.2 with a coefficient of variation of 8.25. The prices are distributed with arithmetic mean of 18.27. The median price for the last 90 days is 18.16. The company issued dividends on 2022-09-08.
OpenHighLowCloseVolume
04/19/2024
 19.80  19.80  19.30  19.64 
04/18/2024 19.80  19.80  19.30  19.64  719,272 
04/17/2024 19.50  20.06  19.49  19.98  636,091 
04/16/2024 19.54  19.68  19.47  19.50  466,935 
04/15/2024 19.90  19.90  19.47  19.54  730,935 
04/12/2024 19.82  20.16  19.74  20.10  1,044,883 
04/11/2024 19.70  20.14  19.70  19.72  985,838 
04/10/2024 19.81  19.98  19.70  19.70  675,567 
04/09/2024 20.00  20.20  19.81  19.81  761,820 
04/08/2024 20.00  20.10  19.73  19.93  664,991 
04/05/2024 19.63  20.08  19.62  19.95  884,217 
04/04/2024 19.55  19.70  19.39  19.62  352,888 
04/03/2024 19.20  19.68  19.20  19.55  626,693 
04/02/2024 19.06  19.38  19.00  19.18  903,242 
03/28/2024 18.48  18.92  18.36  18.92  364,171 
03/27/2024 18.16  18.47  18.06  18.47  626,557 
03/26/2024 17.91  18.24  17.80  18.16  555,126 
03/25/2024 17.76  18.16  17.69  17.96  714,042 
03/22/2024 17.71  17.97  17.62  17.76  516,632 
03/21/2024 17.74  17.85  17.57  17.75  536,698 
03/20/2024 17.45  17.77  17.30  17.50  824,641 
03/19/2024 16.50  17.47  16.50  17.27  1,141,248 
03/18/2024 16.20  16.57  16.20  16.49  902,692 
03/15/2024 16.00  16.25  16.00  16.01  620,639 
03/14/2024 16.30  16.31  15.95  15.96  646,736 
03/13/2024 15.98  16.30  15.92  16.30  582,086 
03/12/2024 16.03  16.25  15.93  16.01  473,576 
03/11/2024 15.92  16.07  15.76  16.03  628,193 
03/08/2024 16.35  16.45  15.92  15.93  621,824 
03/07/2024 16.28  16.38  16.13  16.35  348,275 
03/06/2024 16.50  16.86  16.38  16.43  1,148,061 
03/05/2024 16.38  16.38  16.00  16.06  505,675 
03/04/2024 16.22  16.51  16.11  16.40  1,083,058 
03/01/2024 15.75  16.14  15.63  16.03  1,335,929 
02/29/2024 16.20  16.20  15.54  15.62  947,371 
02/28/2024 15.50  16.42  15.50  16.25  1,871,034 
02/27/2024 17.13  17.14  14.69  15.45  9,089,937 
02/26/2024 17.18  17.68  17.13  17.30  568,110 
02/23/2024 17.48  17.52  17.13  17.18  911,086 
02/22/2024 17.55  17.70  17.43  17.48  406,050 
02/21/2024 17.42  17.62  17.36  17.55  564,943 
02/20/2024 17.81  17.86  17.42  17.42  519,705 
02/19/2024 17.74  17.88  17.66  17.86  305,551 
02/16/2024 17.84  18.04  17.72  17.82  576,396 
02/15/2024 17.82  17.82  17.29  17.74  963,548 
02/14/2024 17.55  17.89  17.43  17.82  491,310 
02/13/2024 17.96  18.01  17.38  17.66  2,722,141 
02/12/2024 17.88  18.07  17.88  17.96  529,866 
02/09/2024 18.18  18.28  17.85  17.88  584,040 
02/08/2024 18.34  18.67  18.06  18.14  1,055,436 
02/07/2024 19.22  19.22  18.30  18.30  1,219,553 
02/06/2024 19.33  19.60  19.14  19.32  380,494 
02/05/2024 19.14  19.94  19.00  19.30  958,771 
02/02/2024 19.62  19.67  19.13  19.14  583,054 
02/01/2024 19.81  20.08  19.45  19.81  418,149 
01/31/2024 20.19  20.19  19.81  19.81  405,317 
01/30/2024 20.63  20.63  20.11  20.19  363,829 
01/29/2024 20.31  20.65  20.30  20.65  709,963 
01/26/2024 20.19  20.40  20.00  20.31  574,334 
01/25/2024 19.88  20.05  19.70  20.02  473,176 
01/24/2024 19.88  19.99  19.70  19.90  417,973 

About Africa Oil Stock history

Africa Oil 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 Africa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Africa Oil Corp 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 Africa Oil stock prices may prove useful in developing a viable investing in Africa Oil
Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and development company in Kenya and Ethiopia. Africa Oil Corp. was incorporated in 1983 and is based in Vancouver, Canada. Africa Oil operates under Oil Gas EP classification in Sweden and is traded on Stockholm Stock Exchange. It employs 37 people.

Africa Oil Stock Technical Analysis

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

Predictive indicators are helping investors to find signals for Africa Oil's price direction in advance. Along with the technical and fundamental analysis of Africa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Africa 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Africa Oil Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Africa Oil's price analysis, check to measure Africa Oil'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 Africa Oil is operating at the current time. Most of Africa Oil's value examination focuses on studying past and present price action to predict the probability of Africa Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Africa Oil's price. Additionally, you may evaluate how the addition of Africa Oil to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Africa Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Africa Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Africa Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.