Tomra Systems (Norway) Price on March 26, 2024
If you're considering investing in Tomra Stock, it is important to understand the factors that can impact its price. As of now, Tomra Stock is very steady. Tomra Systems ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0538, which indicates the firm had a 0.0538 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Tomra Systems ASA, which you can use to evaluate the volatility of the company. Please validate Tomra Systems' Coefficient Of Variation of 1859.8, risk adjusted performance of 0.0522, and Semi Deviation of 2.03 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
Tomra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tomra |
Sharpe Ratio = 0.0538
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| Cash | Small Risk | TOM | High Risk | Huge Risk |
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Estimated Market Risk
| 2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Tomra Systems 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 Tomra Systems by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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| ATS | AT S Austria |
Price Boundaries
Tomra Systems Period Price Range
Low | March 25, 2025
| High |
0.00 | 0.00 |
Tomra Systems 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.
Tomra Systems March 25, 2025 Market Strength
Market strength indicators help investors to evaluate how Tomra Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tomra Systems shares will generate the highest return on investment. By undertsting and applying Tomra Systems stock market strength indicators, traders can identify Tomra Systems ASA entry and exit signals to maximize returns
Tomra Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tomra Systems' price direction in advance. Along with the technical and fundamental analysis of Tomra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tomra 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 | 0.0522 | |||
| Jensen Alpha | 0.1305 | |||
| Total Risk Alpha | 0.1246 | |||
| Sortino Ratio | 0.0601 | |||
| Treynor Ratio | 0.1244 |
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Tools for Tomra Stock
When running Tomra Systems' price analysis, check to measure Tomra Systems' 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 Tomra Systems is operating at the current time. Most of Tomra Systems' value examination focuses on studying past and present price action to predict the probability of Tomra Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tomra Systems' price. Additionally, you may evaluate how the addition of Tomra Systems to your portfolios can decrease your overall portfolio volatility.
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