Borgestad (Norway) Price on July 31, 2024
| BOR Stock | NOK 17.30 0.30 1.70% |
If you're considering investing in Borgestad Stock, it is important to understand the factors that can impact its price. As of today, the current price of Borgestad stands at 17.30, as last reported on the 11th of December 2024, with the highest price reaching 17.30 and the lowest price hitting 17.30 during the day. As of now, Borgestad Stock is not too volatile. Borgestad A secures Sharpe Ratio (or Efficiency) of 0.0591, which signifies that the company had a 0.0591% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Borgestad A, which you can use to evaluate the volatility of the firm. Please confirm Borgestad's Risk Adjusted Performance of 0.0485, downside deviation of 1.96, and Mean Deviation of 1.36 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
Borgestad Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Borgestad |
Sharpe Ratio = 0.0591
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | BOR | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.1 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Borgestad is performing at about 4% 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 Borgestad by adding it to a well-diversified portfolio.
Borgestad Valuation on July 31, 2024
It is possible to determine the worth of Borgestad on a given historical date. On July 31, 2024 Borgestad was worth 13.52 at the beginning of the trading date compared to the closed value of 13.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Borgestad stock. Still, in general, we apply an absolute valuation method to find Borgestad'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 Borgestad where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Borgestad's related companies.
| Open | High | Low | Close | Volume | |
| 13.75 | 13.75 | 13.50 | 13.75 | 15,425 | |
07/31/2024 | 13.52 | 13.52 | 13.30 | 13.36 | 39,050 |
| 13.40 | 15.50 | 13.40 | 14.65 | 25,432 |
| Backtest Borgestad | | | Borgestad History | | | Borgestad Valuation | Previous | Next |
Borgestad Trading Date Momentum on July 31, 2024
| On August 01 2024 Borgestad A was traded for 14.65 at the closing time. The maximum traded price for the trading interval was 15.50 and the lowest daily price was 13.40 . The daily volume was recorded at 25.4 K. The volume of trading on 1st of August 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 9.66% . The overall trading delta to the closing price today is 19.76% . |
Borgestad A Fundamentals Correlations and Trends
By evaluating Borgestad'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 Borgestad's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Borgestad financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Borgestad Stock history
Borgestad 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 Borgestad is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Borgestad A 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 Borgestad stock prices may prove useful in developing a viable investing in Borgestad
Borgestad ASA develops, manufactures, distributes, and installs refractory products in Norway. Its properties include Agora Bytom, a shopping center with a gross area of 52,000 square meters and a rental area of approximately 30,000 square meters, as well as a parking garage with 820 parking spaces in Poland and Borgestad Nringspark, a rented commercial premises used for the storage, production, and offices. BORGESTAD ASA operates under Diversified Conglomerates classification in Norway and is traded on Oslo Stock Exchange.
Borgestad Stock Technical Analysis
Borgestad 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
Borgestad Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Borgestad A 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.
Borgestad December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Borgestad stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Borgestad shares will generate the highest return on investment. By undertsting and applying Borgestad stock market strength indicators, traders can identify Borgestad A entry and exit signals to maximize returns
Borgestad Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Borgestad's price direction in advance. Along with the technical and fundamental analysis of Borgestad Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Borgestad 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 | 0.0485 | |||
| Jensen Alpha | 0.1615 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.25) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Borgestad Stock
Borgestad financial ratios help investors to determine whether Borgestad 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 Borgestad with respect to the benefits of owning Borgestad security.