RomReal (Norway) Price on October 21, 2024

ROM Stock  NOK 2.72  0.02  0.74%   
If you're considering investing in RomReal Stock, it is important to understand the factors that can impact its price. As of today, the current price of RomReal stands at 2.72, as last reported on the 15th of December 2024, with the highest price reaching 2.72 and the lowest price hitting 2.72 during the day. RomReal Limited maintains Sharpe Ratio (i.e., Efficiency) of -0.0284, which implies the firm had a -0.0284% return per unit of risk over the last 3 months. RomReal Limited exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RomReal's Risk Adjusted Performance of (0.01), variance of 29.14, and Coefficient Of Variation of (5,122) to confirm the risk estimate we provide.
  
RomReal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0284

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Estimated Market Risk

 5.38
  actual daily
47
53% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average RomReal 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 RomReal by adding RomReal to a well-diversified portfolio.

RomReal Valuation on October 21, 2024

It is possible to determine the worth of RomReal on a given historical date. On October 21, 2024 RomReal was worth 2.6 at the beginning of the trading date compared to the closed value of 2.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RomReal stock. Still, in general, we apply an absolute valuation method to find RomReal'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 RomReal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RomReal's related companies.
 Open High Low Close Volume
  2.90    2.90    2.62    2.62    13,709  
10/21/2024
  2.60    2.62    2.60    2.62    10,157  
  2.62    3.10    2.62    3.10    17,478  
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Open Value
2.6
2.62
Closing Value
18.75
Upside

RomReal Trading Date Momentum on October 21, 2024

On October 22 2024 RomReal Limited was traded for  3.10  at the closing time. The maximum traded price for the trading interval was 3.10  and the lowest daily price was  2.62 . The daily volume was recorded at 17.5 K. The volume of trading on 22nd of October 2024 played a part in the next trading day price upswing. The trading delta at closing time to the next closing price was 18.32% . The trading delta at closing time to the closing price today is 17.56% .

RomReal Limited Fundamentals Correlations and Trends

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

About RomReal Stock history

RomReal 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 RomReal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RomReal Limited 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 RomReal stock prices may prove useful in developing a viable investing in RomReal
RomReal Limited, together with its subsidiaries, invests in and develops real estate properties in Romania. The company was founded in 2005 and is based in Hamilton, Bermuda. ROMREAL INVEST operates under Real Estate Services classification in Norway and is traded on Oslo Stock Exchange. It employs 5 people.

RomReal Stock Technical Analysis

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

RomReal Period Price Range

Low
December 15, 2024
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High

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RomReal Limited 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.

RomReal December 15, 2024 Market Strength

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

RomReal Technical and Predictive Indicators

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

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