Aker Solutions Asa Stock Price on November 11, 2024
| AKRYY Stock | USD 10.00 3.82 61.81% |
If you're considering investing in Aker Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Aker Solutions stands at 10.00, as last reported on the 22nd of December, with the highest price reaching 10.00 and the lowest price hitting 10.00 during the day. Aker Solutions is risky 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 twenty-one different technical indicators, which can help you to evaluate if expected returns of 1.46% are justified by taking the suggested risk. Use Aker Solutions mean deviation of 4.1, and Risk Adjusted Performance of 0.1154 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 = 0.1297
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Estimated Market Risk
| 11.26 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.46 actual daily | 29 71% 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.
Aker Solutions Valuation on November 11, 2024
It is possible to determine the worth of Aker Solutions on a given historical date. On November 11, 2024 Aker was worth 5.39 at the beginning of the trading date compared to the closed value of 5.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aker Solutions pink sheet. Still, in general, we apply an absolute valuation method to find Aker Solutions' 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 Aker Solutions where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aker Solutions' related companies.
| Open | High | Low | Close | Volume | |
| 5.39 | 5.39 | 5.39 | 5.39 | 1.00 | |
11/11/2024 | 5.39 | 5.39 | 5.39 | 5.39 | 1.00 |
| 5.39 | 5.39 | 5.39 | 5.39 | 1.00 |
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Aker Solutions Trading Date Momentum on November 11, 2024
| On November 12 2024 Aker Solutions ASA was traded for 5.39 at the closing time. The highest daily price throughout the period was 5.39 and the lowest price was 5.39 . There was no trading activity during the period 1.0. Lack of trading volume on 11/12/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Aker Solutions ASA Fundamentals Correlations and Trends
By evaluating Aker Solutions' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Aker Solutions' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aker financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aker Solutions Pink Sheet history
Aker Solutions 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 Aker is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aker Solutions 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 Aker Solutions stock prices may prove useful in developing a viable investing in Aker Solutions
Akastor ASA operates as an oilfield services investment company in Norway, Germany, the United States, Brazil, Asia, rest of Europe, the Middle East, and internationally. Akastor ASA was founded in 1841 and is based in Brum, Norway. Aker Solutions operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 2100 people.
Aker Solutions Pink Sheet Technical Analysis
Aker Solutions 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
Aker Solutions Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Aker Solutions ASA cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Aker Solutions December 22, 2024 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 | 0.1154 | |||
| Jensen Alpha | 1.53 | |||
| Total Risk Alpha | 1.17 | |||
| Treynor Ratio | (0.84) |
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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.