Akva (Norway) Price on March 26, 2024
| AKVA Stock | NOK 65.60 0.20 0.30% |
If you're considering investing in Akva Stock, it is important to understand the factors that can impact its price. As of today, the current price of Akva stands at 65.60, as last reported on the 5th of May, with the highest price reaching 67.80 and the lowest price hitting 64.40 during the day. Akva appears to be very steady, given 3 months investment horizon. Akva Group secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Akva Group, which you can use to evaluate the volatility of the firm. Please makes use of Akva's Downside Deviation of 2.37, risk adjusted performance of 0.0677, and Mean Deviation of 2.34 to double-check if our risk estimates are consistent with your expectations.
Akva Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Akva |
Sharpe Ratio = 0.108
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Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Akva is performing at about 8% 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 Akva by adding it to a well-diversified portfolio.
Akva Valuation on March 26, 2024
It is possible to determine the worth of Akva on a given historical date. On March 26, 2024 Akva was worth 66.4 at the beginning of the trading date compared to the closed value of 67.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akva stock. Still, in general, we apply an absolute valuation method to find Akva'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 Akva where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akva's related companies.
| Open | High | Low | Close | Volume | |
| 66.80 | 66.80 | 66.00 | 66.80 | 1,813 | |
03/26/2024 | 66.40 | 67.60 | 66.40 | 67.60 | 13,279 |
| 69.60 | 69.80 | 69.60 | 69.80 | 2,647 |
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Akva Trading Date Momentum on March 26, 2024
| On March 27 2024 Akva Group was traded for 69.80 at the closing time. The highest price during the trading period was 69.80 and the lowest recorded bid was listed for 69.60 . The volume for the day was 2.6 K. This history from March 27, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 3.25% . The overall trading delta to the current price is 1.78% . |
Akva Group Fundamentals Correlations and Trends
By evaluating Akva'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 Akva's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akva financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Akva Stock history
Akva 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 Akva is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akva Group 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 Akva stock prices may prove useful in developing a viable investing in Akva
AKVA Group ASA develops, designs, purchases, manufactures, assembles, sells, and installs technology products and service to aquaculture industry. AKVA group ASA operates in Norway, Chile, Canada, Scotland, Denmark, Iceland, and internationally. AKVA GROUP operates under Agribusiness Agriculture And Fishing classification in Norway and is traded on Oslo Stock Exchange. It employs 1541 people.
Akva Stock Technical Analysis
Akva 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.
Price Boundaries
Akva Period Price Range
Low | March 26, 2024
| High |
66.40 | 67.60 |
Akva May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Akva stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akva shares will generate the highest return on investment. By undertsting and applying Akva stock market strength indicators, traders can identify Akva Group entry and exit signals to maximize returns
Akva Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Akva's price direction in advance. Along with the technical and fundamental analysis of Akva Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akva 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 | 0.0677 | |||
| Jensen Alpha | 0.2727 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0892 | |||
| Treynor Ratio | 2.31 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akva Group. Also, note that the market value of any company could be tightly coupled 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.
Complementary Tools for Akva Stock analysis
When running Akva's price analysis, check to measure Akva'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 Akva is operating at the current time. Most of Akva's value examination focuses on studying past and present price action to predict the probability of Akva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akva's price. Additionally, you may evaluate how the addition of Akva to your portfolios can decrease your overall portfolio volatility.
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