Andfjord Salmon (Norway) Price on October 31, 2024
| ANDF Stock | NOK 42.20 1.40 3.43% |
If you're considering investing in Andfjord Stock, it is important to understand the factors that can impact its price. As of today, the current price of Andfjord Salmon stands at 42.20, as last reported on the 4th of December, with the highest price reaching 42.20 and the lowest price hitting 41.00 during the day. Andfjord Salmon appears to be very steady, given 3 months investment horizon. Andfjord Salmon AS secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of standard deviation over the last 3 months. By analyzing Andfjord Salmon's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please makes use of Andfjord Salmon's risk adjusted performance of 0.1953, and Mean Deviation of 1.24 to double-check if our risk estimates are consistent with your expectations.
Andfjord Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Andfjord |
Sharpe Ratio = 0.2402
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Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Andfjord Salmon is performing at about 18% 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 Andfjord Salmon by adding it to a well-diversified portfolio.
Andfjord Salmon Valuation on October 31, 2024
It is possible to determine the worth of Andfjord Salmon on a given historical date. On October 31, 2024 Andfjord was worth 32.5 at the beginning of the trading date compared to the closed value of 33.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Andfjord Salmon stock. Still, in general, we apply an absolute valuation method to find Andfjord Salmon'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 Andfjord Salmon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Andfjord Salmon's related companies.
| Open | High | Low | Close | Volume | |
| 32.60 | 33.00 | 32.30 | 32.50 | 12,287 | |
10/31/2024 | 32.50 | 33.30 | 32.50 | 33.30 | 21,464 |
| 33.40 | 33.70 | 33.20 | 33.70 | 6,243 |
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Andfjord Salmon Trading Date Momentum on October 31, 2024
| On November 01 2024 Andfjord Salmon AS was traded for 33.70 at the closing time. The highest price during the trading period was 33.70 and the lowest recorded bid was listed for 33.20 . The volume for the day was 6.2 K. This history from November 1, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 1.20% . The overall trading delta to the current price is 16.52% . |
Andfjord Salmon AS Fundamentals Correlations and Trends
By evaluating Andfjord Salmon'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 Andfjord Salmon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Andfjord financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Andfjord Salmon Stock history
Andfjord Salmon 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 Andfjord is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Andfjord Salmon AS 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 Andfjord Salmon stock prices may prove useful in developing a viable investing in Andfjord Salmon
Andfjord Salmon AS engages in the shore based farming of Atlantic salmon. Andfjord Salmon AS was founded in 2014 and is headquartered in Sortland, Norway. ANDFJORD SALMON is traded on Oslo Stock Exchange in Norway.
Andfjord Salmon Stock Technical Analysis
Andfjord Salmon 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.
Price Boundaries
Andfjord Salmon Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Andfjord Salmon AS cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
Andfjord Salmon December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Andfjord Salmon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Andfjord Salmon shares will generate the highest return on investment. By undertsting and applying Andfjord Salmon stock market strength indicators, traders can identify Andfjord Salmon AS entry and exit signals to maximize returns
Andfjord Salmon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Andfjord Salmon's price direction in advance. Along with the technical and fundamental analysis of Andfjord Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Andfjord 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 | 0.1953 | |||
| Jensen Alpha | 0.5311 | |||
| Total Risk Alpha | 0.2203 | |||
| Sortino Ratio | 0.2804 | |||
| Treynor Ratio | (1.56) |
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Other Information on Investing in Andfjord Stock
Andfjord Salmon financial ratios help investors to determine whether Andfjord 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 Andfjord with respect to the benefits of owning Andfjord Salmon security.