Aker Solutions Asa Stock Price on July 23, 2024
If you're considering investing in Aker Pink Sheet, it is important to understand the factors that can impact its price. Aker Solutions is out of control given 3 months investment horizon. Aker Solutions ASA secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have analyzed and interpolated fourteen different technical indicators, which can help you to evaluate if expected returns of 1.56% are justified by taking the suggested risk. Use Aker Solutions mean deviation of 4.35, and Risk Adjusted Performance of 0.1171 to evaluate company specific risk that cannot be diversified away.
Aker Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Aker |
Sharpe Ratio = 0.1339
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Estimated Market Risk
| 11.62 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.56 actual daily | 31 69% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Aker Solutions 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 Aker Solutions by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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Price Boundaries
Aker Solutions Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
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Aker Solutions January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Aker Solutions 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 Aker Solutions shares will generate the highest return on investment. By undertsting and applying Aker Solutions pink sheet market strength indicators, traders can identify Aker Solutions ASA entry and exit signals to maximize returns
Aker Solutions Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aker Solutions' price direction in advance. Along with the technical and fundamental analysis of Aker Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aker 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 | 0.1171 | |||
| Jensen Alpha | 1.54 | |||
| Total Risk Alpha | 1.55 | |||
| Treynor Ratio | (0.44) |
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Additional Tools for Aker Pink Sheet Analysis
When running Aker Solutions' price analysis, check to measure Aker Solutions' 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 Aker Solutions is operating at the current time. Most of Aker Solutions' value examination focuses on studying past and present price action to predict the probability of Aker Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aker Solutions' price. Additionally, you may evaluate how the addition of Aker Solutions to your portfolios can decrease your overall portfolio volatility.