Observe Medical (Norway) Price History

OBSRV Stock  NOK 0.39  0.01  2.50%   
If you're considering investing in Observe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Observe Medical stands at 0.39, as last reported on the 4th of December, with the highest price reaching 0.41 and the lowest price hitting 0.37 during the day. Observe Medical appears to be out of control, given 3 months investment horizon. Observe Medical Asa maintains Sharpe Ratio (i.e., Efficiency) of 0.0306, which implies the firm had a 0.0306% return per unit of risk over the last 3 months. We have found thirty technical indicators for Observe Medical Asa, which you can use to evaluate the volatility of the company. Please evaluate Observe Medical's Coefficient Of Variation of 5276.42, risk adjusted performance of 0.0233, and Semi Deviation of 4.63 to confirm if our risk estimates are consistent with your expectations.
  
Observe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0306

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Estimated Market Risk

 6.62
  actual daily
58
58% of assets are less volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Observe Medical is performing at about 2% 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 Observe Medical by adding it to a well-diversified portfolio.

Observe Medical Stock Price History Chart

There are several ways to analyze Observe Stock price data. The simplest method is using a basic Observe candlestick price chart, which shows Observe Medical 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 PriceNovember 25, 20240.44
Lowest PriceOctober 28, 20240.3

Observe Medical December 4, 2024 Stock Price Synopsis

Various analyses of Observe Medical's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Observe Stock. It can be used to describe the percentage change in the price of Observe Medical from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Observe Stock.
Observe Medical Price Daily Balance Of Power(0.25)
Observe Medical Price Rate Of Daily Change 0.98 

Observe Medical December 4, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Observe 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 Observe Medical intraday prices and daily technical indicators to check the level of noise trading in Observe Stock and then apply it to test your longer-term investment strategies against Observe.

Observe Stock Price History Data

The price series of Observe Medical for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 has a statistical range of 0.14 with a coefficient of variation of 8.36. The daily prices for the period are spread out with arithmetic mean of 0.37. The median price for the last 90 days is 0.38.
OpenHighLowCloseVolume
12/04/2024
 0.40  0.41  0.37  0.39 
12/03/2024 0.40  0.41  0.37  0.39  649,750 
12/02/2024 0.38  0.40  0.37  0.40  343,470 
11/29/2024 0.36  0.38  0.36  0.38  61,951 
11/28/2024 0.39  0.39  0.38  0.39  61,951 
11/27/2024 0.36  0.40  0.36  0.40  19,494 
11/26/2024 0.41  0.41  0.37  0.38  768,673 
11/25/2024 0.37  0.44  0.34  0.44  932,383 
11/22/2024 0.30  0.35  0.30  0.34  127,261 
11/21/2024 0.37  0.37  0.33  0.36  154,134 
11/20/2024 0.37  0.37  0.32  0.37  148,413 
11/19/2024 0.32  0.39  0.31  0.37  2,394,303 
11/18/2024 0.28  0.32  0.28  0.30  94,994 
11/15/2024 0.31  0.32  0.31  0.32  1,366 
11/14/2024 0.34  0.34  0.29  0.32  497,834 
11/13/2024 0.34  0.34  0.28  0.34  46,762 
11/12/2024 0.32  0.35  0.30  0.35  748,828 
11/11/2024 0.28  0.33  0.28  0.33  16,940 
11/08/2024 0.33  0.33  0.30  0.32  45,937 
11/07/2024 0.28  0.32  0.28  0.32  45,937 
11/06/2024 0.29  0.32  0.29  0.32  48,400 
11/05/2024 0.35  0.35  0.30  0.35  41,325 
11/04/2024 0.29  0.35  0.29  0.35  85,879 
11/01/2024 0.30  0.32  0.29  0.32  156,206 
10/31/2024 0.30  0.32  0.30  0.32  33,726 
10/30/2024 0.27  0.32  0.27  0.32  39,730 
10/29/2024 0.31  0.31  0.31  0.31  16,258 
10/28/2024 0.31  0.33  0.30  0.30  609,206 
10/25/2024 0.32  0.35  0.32  0.34  49,698 
10/24/2024 0.36  0.36  0.35  0.36  75,343 
10/23/2024 0.39  0.39  0.34  0.35  121,076 
10/22/2024 0.32  0.39  0.32  0.39  141,400 
10/21/2024 0.40  0.40  0.36  0.37  1,928,605 
10/18/2024 0.40  0.40  0.40  0.40  163,236 
10/17/2024 0.38  0.40  0.38  0.40  163,236 
10/16/2024 0.38  0.39  0.38  0.39  14,536 
10/15/2024 0.37  0.39  0.37  0.39  148.00 
10/14/2024 0.38  0.39  0.38  0.39  13,917 
10/11/2024 0.38  0.39  0.38  0.38  95,337 
10/10/2024 0.38  0.38  0.38  0.38  13,141 
10/09/2024 0.37  0.38  0.37  0.37  115,019 
10/08/2024 0.37  0.37  0.36  0.36  70,464 
10/07/2024 0.38  0.40  0.37  0.38  91,126 
10/04/2024 0.39  0.39  0.38  0.38  149,864 
10/03/2024 0.38  0.40  0.38  0.40  19,768 
10/02/2024 0.38  0.40  0.38  0.38  2,898 
10/01/2024 0.37  0.38  0.35  0.38  254,014 
09/30/2024 0.34  0.40  0.34  0.37  41,637 
09/27/2024 0.36  0.38  0.36  0.38  76,798 
09/26/2024 0.38  0.40  0.37  0.40  76,798 
09/25/2024 0.38  0.40  0.38  0.40  3,325 
09/24/2024 0.39  0.39  0.39  0.39  6,920 
09/23/2024 0.39  0.40  0.33  0.40  2,556 
09/20/2024 0.35  0.40  0.35  0.39  73,265 
09/19/2024 0.36  0.37  0.35  0.37  73,265 
09/18/2024 0.36  0.38  0.36  0.38  59,514 
09/17/2024 0.38  0.38  0.38  0.38  500.00 
09/16/2024 0.38  0.38  0.38  0.38  630.00 
09/13/2024 0.36  0.39  0.36  0.38  1,600 
09/12/2024 0.40  0.40  0.40  0.40  583.00 
09/11/2024 0.36  0.40  0.36  0.40  8,659 

About Observe Medical Stock history

Observe Medical 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 Observe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Observe Medical 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 Observe Medical stock prices may prove useful in developing a viable investing in Observe Medical
Observe Medical ASA develops and markets medical technology products for patients, healthcare professionals, and hospitals in Europe and the United States. The company was founded in 2009 and is headquartered in Oslo, Norway. OBSERVE MEDICAL is traded on Oslo Stock Exchange in Norway.

Observe Medical Stock Technical Analysis

Observe Medical 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 Observe Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Observe Medical 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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Observe Medical Technical and Predictive Indicators

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

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