Oslo Exchange (Norway) Price on January 31, 2023

OSEFX Index   1,375  5.62  0.41%   
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 1,375, as last reported on the 10th of June, with the highest price reaching 1,375 and the lowest price hitting 1,366 during the day.
 
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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 0.33, which implies the entity had a 0.33% 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 = 0.3276

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Estimated Market Risk

 0.57
  actual daily
5
95% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.33
  actual daily
25
75% of assets perform better
Based on monthly moving average Oslo Exchange is performing at about 25% 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 31, 2023

It is possible to determine the worth of Oslo Exchange on a given historical date. On January 31, 2023 Oslo was worth 1151.65 at the beginning of the trading date compared to the closed value of 1149.73. 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
  1,153    1,155    1,147    1,152    57,820,000  
01/31/2023
  1,152    1,153    1,144    1,150    70,410,000  
  1,150    1,165    1,149    1,162    118,680,000  
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Open Value
1151.65
1149.73
Closing Value
1,153
Upside

Oslo Exchange Trading Date Momentum on January 31, 2023

On February 01 2023 Oslo Exchange Mutual was traded for  1,162  at the closing time. The highest price during the trading period was 1,165  and the lowest recorded bid was listed for  1,149 . The volume for the day was 118.7 M. This history from February 1, 2023 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 1.03% . The trading delta at closing time to the current price is 3.16% .

Price Boundaries

Oslo Exchange Period Price Range

Low
January 31, 2023
-1.92  -0.17%
High

 1,152 

     

 1,150 

Oslo Exchange June 10, 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

Oslo Exchange Technical Drivers

Oslo Exchange June 10, 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 Performance0.1972
Mean Deviation0.4105
Semi Deviation0.3177
Downside Deviation0.756
Coefficient Of Variation314.31
Standard Deviation0.5744
Variance0.3299
Information Ratio0.2876
Total Risk Alpha0.1658
Sortino Ratio0.2185
Maximum Drawdown3.13
Value At Risk(0.87)
Potential Upside1.04
Downside Variance0.5715
Semi Variance0.1009
Expected Short fall(0.43)
Skewness(0.75)
Kurtosis1.84
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