Entra ASA (Norway) Price on December 2, 2024

ENTRA Stock  NOK 116.80  0.60  0.52%   
If you're considering investing in Entra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Entra ASA stands at 116.80, as last reported on the 13th of December 2024, with the highest price reaching 117.00 and the lowest price hitting 115.20 during the day. Entra ASA secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the company had a -0.15% return per unit of risk over the last 3 months. Entra ASA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Entra ASA's Variance of 2.61, mean deviation of 1.18, and Standard Deviation of 1.61 to check the risk estimate we provide.
  
Entra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1492

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsENTRA

Estimated Market Risk

 1.63
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Entra ASA 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 Entra ASA by adding Entra ASA to a well-diversified portfolio.

Entra ASA Valuation on December 2, 2024

It is possible to determine the worth of Entra ASA on a given historical date. On December 2, 2024 Entra was worth 121.2 at the beginning of the trading date compared to the closed value of 120.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Entra ASA stock. Still, in general, we apply an absolute valuation method to find Entra ASA'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 Entra ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Entra ASA's related companies.
 Open High Low Close Volume
  120.00    121.60    120.00    121.40    100,424  
12/02/2024
  121.20    121.20    119.80    120.20    77,655  
  122.00    122.00    119.00    120.60    104,642  
Backtest Entra ASA  |  Entra ASA History  |  Entra ASA Valuation   PreviousNext  
Open Value
121.2
116.32
Downside
120.2
Closing Value
126.08
Upside

Entra ASA Trading Date Momentum on December 2, 2024

On December 03 2024 Entra ASA was traded for  120.60  at the closing time. The highest price during the trading period was 122.00  and the lowest recorded bid was listed for  119.00 . The volume for the day was 104.6 K. This history from December 3, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.33% . The overall trading delta to the current price is 3.33% .

Entra ASA Fundamentals Correlations and Trends

By evaluating Entra ASA'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 Entra ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Entra financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Entra ASA Stock history

Entra ASA 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 Entra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Entra 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 Entra ASA stock prices may prove useful in developing a viable investing in Entra ASA
Entra ASA owns, develops, and manages office properties in Norway. The company was founded in 2000 and is headquartered in Oslo, Norway. ENTRA ASA operates under Office Commercial And Industrial Real Estate classification in Norway and is traded on Oslo Stock Exchange. It employs 170 people.

Entra ASA Stock Technical Analysis

Entra ASA 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 Entra ASA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Entra ASA 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...

Price Boundaries

Entra ASA Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Entra ASA 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.

Entra ASA December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Entra ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Entra ASA shares will generate the highest return on investment. By undertsting and applying Entra ASA stock market strength indicators, traders can identify Entra ASA entry and exit signals to maximize returns

Entra ASA Technical and Predictive Indicators

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

Entra ASA financial ratios help investors to determine whether Entra 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 Entra with respect to the benefits of owning Entra ASA security.