Orkla Asa Stock Price on September 20, 2024

ORKLF Stock  USD 8.88  0.00  0.00%   
If you're considering investing in Orkla Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Orkla ASA stands at 8.88, as last reported on the 12th of December 2024, with the highest price reaching 8.88 and the lowest price hitting 8.88 during the day. At this point, Orkla ASA is not too volatile. Orkla ASA maintains Sharpe Ratio (i.e., Efficiency) of 0.0817, which implies the firm had a 0.0817% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Orkla ASA, which you can use to evaluate the volatility of the company. Please check Orkla ASA's Coefficient Of Variation of 1252.52, risk adjusted performance of 0.0634, and Variance of 2.8 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
  
Orkla Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0817

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Estimated Market Risk

 1.71
  actual daily
15
85% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Orkla ASA is performing at about 6% 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 Orkla ASA by adding it to a well-diversified portfolio.

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Orkla ASA Valuation on September 20, 2024

It is possible to determine the worth of Orkla ASA on a given historical date. On September 20, 2024 Orkla was worth 7.65 at the beginning of the trading date compared to the closed value of 8.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orkla ASA pink sheet. Still, in general, we apply an absolute valuation method to find Orkla 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 Orkla ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orkla ASA's related companies.
 Open High Low Close Volume
  8.20    8.20    8.20    8.20    1.00  
09/20/2024
  7.65    8.20    7.65    8.20    1,137  
  8.20    8.20    8.20    8.20    1.00  
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Open Value
7.65
8.2
Closing Value
12.79
Upside

Orkla ASA Trading Date Momentum on September 20, 2024

On September 23 2024 Orkla ASA was traded for  8.20  at the closing time. The highest daily price throughout the period was 8.20  and the lowest price was  8.20 . There was no trading activity during the period 1.0. Lack of trading volume on 09/23/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .

Orkla ASA Fundamentals Correlations and Trends

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

About Orkla ASA Pink Sheet history

Orkla 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 Orkla is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orkla 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 Orkla ASA stock prices may prove useful in developing a viable investing in Orkla ASA
Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. Orkla Borregaard is traded on OTC Exchange in the United States.

Orkla ASA Pink Sheet Technical Analysis

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

Orkla ASA Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Orkla 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.

Orkla ASA December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Orkla ASA 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 Orkla ASA shares will generate the highest return on investment. By undertsting and applying Orkla ASA pink sheet market strength indicators, traders can identify Orkla ASA entry and exit signals to maximize returns

Orkla ASA Technical and Predictive Indicators

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

Complementary Tools for Orkla Pink Sheet analysis

When running Orkla ASA's price analysis, check to measure Orkla ASA's 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 Orkla ASA is operating at the current time. Most of Orkla ASA's value examination focuses on studying past and present price action to predict the probability of Orkla ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orkla ASA's price. Additionally, you may evaluate how the addition of Orkla ASA to your portfolios can decrease your overall portfolio volatility.
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