Telenor Asa Stock Price on February 6, 2024
TELNF Stock | USD 10.81 0.49 4.34% |
If you're considering investing in Telenor Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Telenor ASA stands at 10.81, as last reported on the 25th of December, with the highest price reaching 10.81 and the lowest price hitting 10.81 during the day. Telenor ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Telenor ASA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Telenor ASA's Risk Adjusted Performance of (0.07), coefficient of variation of (1,012), and Variance of 2.95 to confirm the risk estimate we provide.
Telenor Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Telenor |
Sharpe Ratio = -0.1422
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Estimated Market Risk
1.68 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
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Telenor 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 Telenor ASA by adding Telenor ASA to a well-diversified portfolio.
Telenor ASA Valuation on February 6, 2024
It is possible to determine the worth of Telenor ASA on a given historical date. On February 6, 2024 Telenor was worth 10.26 at the beginning of the trading date compared to the closed value of 10.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Telenor ASA pink sheet. Still, in general, we apply an absolute valuation method to find Telenor 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 Telenor ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Telenor ASA's related companies.
Open | High | Low | Close | Volume | |
10.16 | 10.16 | 10.16 | 10.16 | 100.00 | |
02/01/2024 | 10.26 | 10.26 | 10.16 | 10.16 | 1,999 |
10.10 | 10.10 | 10.10 | 10.10 | 450.00 |
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Telenor ASA Trading Date Momentum on February 6, 2024
On February 07 2024 Telenor ASA was traded for 10.10 at the closing time. The highest daily price throughout the period was 10.10 and the lowest price was 10.10 . The daily volume was 450. The net trading volume on 02/07/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.59% . The trading price change to current closing price is 2.76% . |
Telenor ASA Fundamentals Correlations and Trends
By evaluating Telenor 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 Telenor ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Telenor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Telenor ASA Pink Sheet history
Telenor 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 Telenor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Telenor 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 Telenor ASA stock prices may prove useful in developing a viable investing in Telenor ASA
Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. Telenor ASA was founded in 1855 and is headquartered in Fornebu, Norway. TELENOR ASA is traded on OTC Exchange in the United States.
Telenor ASA Pink Sheet Technical Analysis
Telenor 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.
Price Boundaries
Telenor ASA Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Telenor 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.
Telenor ASA December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Telenor 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 Telenor ASA shares will generate the highest return on investment. By undertsting and applying Telenor ASA pink sheet market strength indicators, traders can identify Telenor ASA entry and exit signals to maximize returns
Telenor ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Telenor ASA's price direction in advance. Along with the technical and fundamental analysis of Telenor Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Telenor 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 | (0.07) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | 10.57 |
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Complementary Tools for Telenor Pink Sheet analysis
When running Telenor ASA's price analysis, check to measure Telenor 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 Telenor ASA is operating at the current time. Most of Telenor ASA's value examination focuses on studying past and present price action to predict the probability of Telenor 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 Telenor ASA's price. Additionally, you may evaluate how the addition of Telenor ASA to your portfolios can decrease your overall portfolio volatility.
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