Oslo Exchange (Norway) Price on January 30, 2023
| OSEFX Index | 1,367 7.51 0.55% |
Below is the normalized historical share price chart for Oslo Exchange Mutual extending back to November 29, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Oslo Exchange stands at 1,367, as last reported on the 19th of May, with the highest price reaching 1,369 and the lowest price hitting 1,359 during the day.
If you're considering investing in Oslo Index, it is important to understand the factors that can impact its price. Oslo Exchange Mutual maintains Sharpe Ratio (i.e., Efficiency) of 0.36, which implies the entity had a 0.36% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Oslo Exchange Mutual, which you can use to evaluate the volatility of the index. Oslo Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.3561
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.52 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.36 actual daily | 27 73% of assets perform better |
Based on monthly moving average Oslo Exchange is performing at about 27% 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 Oslo Exchange by adding it to a well-diversified portfolio.
Oslo Exchange Valuation on January 30, 2023
It is possible to determine the worth of Oslo Exchange on a given historical date. On January 30, 2023 Oslo was worth 1153.43 at the beginning of the trading date compared to the closed value of 1151.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oslo Exchange index. Still, in general, we apply an absolute valuation method to find Oslo Exchange'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 Oslo Exchange where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oslo Exchange's related companies.
| Open | High | Low | Close | Volume | |
| 1,140 | 1,154 | 1,140 | 1,154 | 54,260,000 | |
01/30/2023 | 1,153 | 1,155 | 1,147 | 1,152 | 57,820,000 |
| 1,152 | 1,153 | 1,144 | 1,150 | 70,410,000 |
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Oslo Exchange Trading Date Momentum on January 30, 2023
| On January 31 2023 Oslo Exchange Mutual was traded for 1,150 at the closing time. The highest price during the trading period was 1,153 and the lowest recorded bid was listed for 1,144 . The volume for the day was 70.4 M. This history from January 31, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.17% . The trading delta at closing time to the current price is 3.31% . |
Price Boundaries
Oslo Exchange Period Price Range
Low | January 30, 2023
| High |
1,153 | 1,152 |
Oslo Exchange May 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Oslo Exchange index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oslo Exchange shares will generate the highest return on investment. By undertsting and applying Oslo Exchange index market strength indicators, traders can identify Oslo Exchange Mutual entry and exit signals to maximize returns
| Accumulation Distribution | 369081.0 | |||
| Daily Balance Of Power | (0.23) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1150.9 | |||
| Day Typical Price | 1151.17 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | 215.36 | |||
| Relative Strength Index | 74.2 |
Oslo Exchange Technical Drivers
Oslo Exchange May 19, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oslo Exchange's price direction in advance. Along with the technical and fundamental analysis of Oslo Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oslo 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 | 0.2333 | |||
| Mean Deviation | 0.3888 | |||
| Downside Deviation | 0.5861 | |||
| Coefficient Of Variation | 249.96 | |||
| Standard Deviation | 0.5305 | |||
| Variance | 0.2814 | |||
| Information Ratio | 0.2126 | |||
| Total Risk Alpha | 0.1213 | |||
| Sortino Ratio | 0.1925 | |||
| Maximum Drawdown | 2.83 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 1.04 | |||
| Downside Variance | 0.3436 | |||
| Semi Variance | (0.04) | |||
| Expected Short fall | (0.45) | |||
| Skewness | (0.31) | |||
| Kurtosis | 0.9299 |
| Cycle Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any index could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.