NorAm Drilling (Norway) Price History

NORAM Stock   33.70  0.20  0.59%   
If you're considering investing in NorAm Stock, it is important to understand the factors that can impact its price. As of today, the current price of NorAm Drilling stands at 33.70, as last reported on the 4th of March, with the highest price reaching 34.80 and the lowest price hitting 33.30 during the day. As of now, NorAm Stock is very steady. NorAm Drilling AS has Sharpe Ratio of 0.0105, which conveys that the firm had a 0.0105 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for NorAm Drilling, which you can use to evaluate the volatility of the firm. Please verify NorAm Drilling's Risk Adjusted Performance of 0.0131, downside deviation of 1.74, and Mean Deviation of 1.58 to check out if the risk estimate we provide is consistent with the expected return of 0.0217%.
  
NorAm Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0105

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Estimated Market Risk

 2.06
  actual daily
18
82% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average NorAm Drilling 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 NorAm Drilling by adding NorAm Drilling to a well-diversified portfolio.

NorAm Drilling Stock Price History Chart

There are several ways to analyze NorAm Stock price data. The simplest method is using a basic NorAm candlestick price chart, which shows NorAm Drilling price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJanuary 21, 202537.01
Lowest PriceDecember 20, 202429.53

NorAm Drilling March 4, 2025 Stock Price Synopsis

Various analyses of NorAm Drilling's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell NorAm Stock. It can be used to describe the percentage change in the price of NorAm Drilling from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of NorAm Stock.
NorAm Drilling Price Rate Of Daily Change 0.99 
NorAm Drilling Accumulation Distribution 3,404 
NorAm Drilling Price Daily Balance Of Power(0.13)
NorAm Drilling Price Action Indicator(0.45)

NorAm Drilling March 4, 2025 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in NorAm Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use NorAm Drilling intraday prices and daily technical indicators to check the level of noise trading in NorAm Stock and then apply it to test your longer-term investment strategies against NorAm.

NorAm Stock Price History Data

The price series of NorAm Drilling for the period between Wed, Dec 4, 2024 and Tue, Mar 4, 2025 has a statistical range of 7.48 with a coefficient of variation of 4.29. The daily prices for the period are spread out with arithmetic mean of 33.67. The median price for the last 90 days is 33.73. The company issued dividends to stockholders on 2023-01-13.
OpenHighLowCloseVolume
03/03/2025 34.05  34.80  33.30  33.70  78,968 
02/28/2025 34.00  34.15  33.40  33.90  51,743 
02/27/2025 33.95  34.40  33.00  34.20  48,148 
02/26/2025 34.10  34.20  33.10  33.35  60,700 
02/25/2025 34.00  34.35  33.40  34.20  59,044 
02/24/2025 33.60  33.95  33.60  33.85  24,129 
02/21/2025 34.10  34.20  33.60  33.60  17,267 
02/20/2025 34.00  34.50  33.50  33.50  46,593 
02/19/2025 34.15  34.30  31.85  33.80  67,486 
02/18/2025 32.50  34.15  32.50  34.00  30,234 
02/17/2025 33.95  34.00  31.95  33.20  102,797 
02/14/2025 33.56  34.00  32.03  33.56  109,873 
02/13/2025 33.80  34.05  32.72  33.06  154,512 
02/12/2025 34.05  34.05  33.41  33.80  103,800 
02/11/2025 34.69  37.50  33.85  34.74  103,036 
02/10/2025 33.90  34.49  33.56  33.85  41,233 
02/07/2025 34.54  34.54  33.36  33.46  40,088 
02/06/2025 34.49  34.49  33.26  34.00  29,357 
02/05/2025 34.54  34.54  32.32  33.56  87,194 
02/04/2025 35.33  35.33  33.36  33.65  47,928 
02/03/2025 33.75  34.30  33.26  34.30  37,293 
01/31/2025 35.53  35.53  33.75  33.80  37,720 
01/30/2025 34.25  34.59  33.85  33.95  74,770 
01/29/2025 34.69  35.04  34.35  34.54  63,370 
01/28/2025 35.48  35.83  34.69  34.69  27,505 
01/27/2025 35.53  35.53  34.39  34.89  131,914 
01/24/2025 37.01  37.21  35.53  35.53  77,401 
01/23/2025 37.90  37.90  35.83  36.52  87,240 
01/22/2025 37.16  38.00  36.52  36.96  108,471 
01/21/2025 36.62  38.10  36.52  37.01  127,210 
01/20/2025 36.27  36.32  35.73  35.73  61,130 
01/17/2025 34.99  35.53  34.89  35.53  54,513 
01/16/2025 36.76  36.76  34.54  34.79  76,534 
01/15/2025 35.28  36.27  35.28  35.33  35,979 
01/14/2025 35.73  35.73  35.13  35.38  54,337 
01/13/2025 35.37  36.05  35.18  35.52  89,037 
01/10/2025 33.81  35.28  33.62  35.28  120,897 
01/09/2025 33.33  33.81  32.94  33.72  23,640 
01/08/2025 32.21  33.77  32.21  33.77  80,788 
01/07/2025 31.67  32.45  31.18  32.45  57,636 
01/06/2025 32.25  33.52  31.33  31.62  142,804 
01/03/2025 33.62  33.62  31.91  31.91  175,646 
01/02/2025 32.98  33.96  32.84  32.89  86,630 
12/30/2024 32.50  32.65  31.72  32.65  61,276 
12/27/2024 31.28  32.50  31.28  32.40  62,444 
12/23/2024 30.21  31.33  29.72  31.04  39,806 
12/20/2024 29.92  30.21  28.79  29.53  125,914 
12/19/2024 29.96  30.45  29.77  30.06  78,738 
12/18/2024 30.50  32.06  29.43  29.97  240,051 
12/17/2024 32.16  32.35  30.69  31.04  113,447 
12/16/2024 32.55  32.89  32.16  32.40  33,957 
12/13/2024 33.82  33.82  32.41  33.29  77,585 
12/12/2024 33.09  33.82  33.09  33.82  31,332 
12/11/2024 33.72  33.82  32.95  33.14  33,840 
12/10/2024 34.55  34.55  32.12  33.39  138,827 
12/09/2024 34.21  34.55  33.97  34.02  20,183 
12/06/2024 33.87  34.41  33.77  34.21  28,715 
12/05/2024 33.68  34.41  33.48  33.92  69,527 
12/04/2024 33.58  34.41  33.58  33.68  58,581 
12/03/2024 33.09  33.53  32.80  33.39  79,979 
12/02/2024 32.70  33.72  32.41  33.19  71,355 

About NorAm Drilling Stock history

NorAm Drilling 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 NorAm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NorAm Drilling AS 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 NorAm Drilling stock prices may prove useful in developing a viable investing in NorAm Drilling

NorAm Drilling Stock Technical Analysis

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

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NorAm Drilling Technical and Predictive Indicators

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

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