Hofseth Biocare (Norway) Price History

HBC Stock  NOK 2.01  0.03  1.47%   
If you're considering investing in Hofseth Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hofseth Biocare stands at 2.01, as last reported on the 9th of June, with the highest price reaching 2.08 and the lowest price hitting 2.01 during the day. Hofseth Biocare ASA holds Efficiency (Sharpe) Ratio of -0.0519, which attests that the entity had a -0.0519% return per unit of risk over the last 3 months. Hofseth Biocare ASA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hofseth Biocare's Market Risk Adjusted Performance of 1.96, risk adjusted performance of (0.03), and Standard Deviation of 3.25 to validate the risk estimate we provide.
  
Hofseth Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0519

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Estimated Market Risk

 3.17
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hofseth Biocare 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 Hofseth Biocare by adding Hofseth Biocare to a well-diversified portfolio.

Hofseth Biocare Stock Price History Chart

There are several ways to analyze Hofseth Stock price data. The simplest method is using a basic Hofseth candlestick price chart, which shows Hofseth Biocare 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 PriceMarch 15, 20242.38
Lowest PriceApril 3, 20242.0

Hofseth Biocare June 9, 2024 Stock Price Synopsis

Various analyses of Hofseth Biocare's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Hofseth Stock. It can be used to describe the percentage change in the price of Hofseth Biocare from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Hofseth Stock.
Hofseth Biocare Price Action Indicator(0.05)
Hofseth Biocare Price Daily Balance Of Power(0.43)
Hofseth Biocare Price Rate Of Daily Change 0.99 

Hofseth Biocare June 9, 2024 Stock Price Analysis

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

Hofseth Stock Price History Data

The price series of Hofseth Biocare for the period between Mon, Mar 11, 2024 and Sun, Jun 9, 2024 has a statistical range of 0.38 with a coefficient of variation of 4.32. Under current investment horizon, the daily prices are spread out with arithmetic mean of 2.15. The median price for the last 90 days is 2.15. The company completed 866:863 stock split on 16th of October 2020.
OpenHighLowCloseVolume
06/09/2024
 2.08  2.08  2.01  2.01 
06/07/2024 2.08  2.08  2.01  2.01  19,334 
06/06/2024 2.05  2.08  2.04  2.04  23,915 
06/05/2024 2.02  2.07  2.02  2.05  125,274 
06/04/2024 2.08  2.08  2.03  2.07  148,337 
06/03/2024 2.04  2.08  2.03  2.08  83,219 
05/31/2024 2.03  2.12  2.03  2.12  10,835 
05/30/2024 2.06  2.08  2.02  2.07  7,746 
05/29/2024 2.09  2.09  2.03  2.09  14,605 
05/28/2024 2.12  2.12  2.05  2.10  26,498 
05/27/2024 2.05  2.15  2.05  2.15  4,979 
05/24/2024 2.10  2.15  2.05  2.15  25,169 
05/23/2024 2.09  2.10  2.09  2.10  47,570 
05/22/2024 2.10  2.15  2.00  2.13  150,394 
05/21/2024 2.03  2.24  2.00  2.15  30,716 
05/16/2024 2.10  2.15  2.00  2.03  546,735 
05/15/2024 2.13  2.25  2.10  2.23  102,259 
05/14/2024 2.10  2.27  2.10  2.13  161,311 
05/13/2024 2.07  2.10  2.04  2.08  73,434 
05/10/2024 2.00  2.09  2.00  2.07  92,598 
05/08/2024 2.01  2.19  2.00  2.09  51,431 
05/07/2024 2.09  2.20  2.01  2.15  51,103 
05/06/2024 2.00  2.11  2.00  2.10  54,259 
05/03/2024 2.06  2.10  2.06  2.10  232.00 
05/02/2024 2.05  2.05  1.93  2.04  59,380 
04/30/2024 2.02  2.07  2.00  2.03  70,767 
04/29/2024 2.05  2.08  2.02  2.06  34,575 
04/26/2024 2.13  2.13  2.00  2.09  43,478 
04/25/2024 2.12  2.16  2.08  2.10  101,046 
04/24/2024 2.15  2.20  2.08  2.20  4,265 
04/23/2024 2.19  2.20  2.07  2.19  893.00 
04/22/2024 2.19  2.20  2.07  2.20  3,196 
04/19/2024 2.20  2.20  2.15  2.15  2,551 
04/18/2024 2.00  2.20  2.00  2.20  155,683 
04/17/2024 2.14  2.14  2.00  2.10  230,409 
04/16/2024 2.08  2.12  2.08  2.12  13,107 
04/15/2024 2.10  2.15  2.09  2.15  25,481 
04/12/2024 2.18  2.23  2.08  2.13  34,677 
04/11/2024 2.14  2.19  2.02  2.19  51,136 
04/10/2024 2.03  2.15  2.03  2.15  40,651 
04/09/2024 2.00  2.09  2.00  2.08  37,583 
04/08/2024 2.12  2.21  1.90  2.03  286,661 
04/05/2024 2.16  2.16  2.00  2.07  170,472 
04/04/2024 2.00  2.16  2.00  2.16  530,801 
04/03/2024 2.02  2.05  1.98  2.00  40,812 
04/02/2024 2.01  2.09  2.01  2.01  48,793 
03/27/2024 2.12  2.12  2.00  2.08  101,573 
03/26/2024 2.16  2.17  2.06  2.10  159,915 
03/25/2024 2.30  2.30  2.14  2.23  23,471 
03/22/2024 2.15  2.23  2.12  2.23  54,567 
03/21/2024 2.26  2.26  2.00  2.17  111,664 
03/20/2024 2.29  2.30  2.16  2.20  20.00 
03/19/2024 2.29  2.30  2.16  2.30  129,959 
03/18/2024 2.38  2.38  2.15  2.29  22,133 
03/15/2024 2.17  2.38  2.00  2.38  437,921 
03/14/2024 2.15  2.27  2.07  2.16  2,501,097 
03/13/2024 2.30  2.30  2.16  2.26  10,738 
03/12/2024 2.28  2.28  2.27  2.27  800.00 
03/11/2024 2.28  2.28  2.22  2.28  97,530 
03/08/2024 2.39  2.39  2.14  2.28  178,933 
03/07/2024 2.28  2.28  2.19  2.20  155,302 

About Hofseth Biocare Stock history

Hofseth Biocare 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 Hofseth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hofseth Biocare 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 Hofseth Biocare stock prices may prove useful in developing a viable investing in Hofseth Biocare
Hofseth BioCare ASA, a biotech company, offers value added biomarine ingredients and finished products for human consumption and pet in Norway. The company was founded in 2000 and is headquartered in lesund, Norway. HOFSETH BIOCARE operates under Pharmaceuticals And Biosciences classification in Norway and is traded on Oslo Stock Exchange. It employs 44 people.

Hofseth Biocare Stock Technical Analysis

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

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

Hofseth Biocare financial ratios help investors to determine whether Hofseth 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 Hofseth with respect to the benefits of owning Hofseth Biocare security.