Petronor (Norway) Price History

PNOR Stock  NOK 8.70  0.14  1.64%   
If you're considering investing in Petronor Stock, it is important to understand the factors that can impact its price. As of today, the current price of Petronor stands at 8.70, as last reported on the 23rd of April, with the highest price reaching 8.72 and the lowest price hitting 8.61 during the day. We consider Petronor not too volatile. Petronor EP maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Petronor EP, which you can use to evaluate the volatility of the company. Please check Petronor's Coefficient Of Variation of 1079.21, risk adjusted performance of 0.0624, and Semi Deviation of 1.17 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
  
Petronor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1103

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Estimated Market Risk

 1.34
  actual daily
11
89% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Petronor 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 Petronor by adding it to a well-diversified portfolio.

Petronor Stock Price History Chart

There are several ways to analyze Petronor Stock price data. The simplest method is using a basic Petronor candlestick price chart, which shows Petronor 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 PriceApril 16, 20248.88
Lowest PriceFebruary 8, 20247.73

Petronor April 23, 2024 Stock Price Synopsis

Various analyses of Petronor's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Petronor Stock. It can be used to describe the percentage change in the price of Petronor from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Petronor Stock.
Petronor Price Action Indicator 0.10 
Petronor Accumulation Distribution 1,989 
Petronor Price Rate Of Daily Change 1.02 
Petronor Price Daily Balance Of Power 1.27 

Petronor April 23, 2024 Stock Price Analysis

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

Petronor Stock Price History Data

The price series of Petronor for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 has a statistical range of 1.15 with a coefficient of variation of 3.97. The price distribution for the period has arithmetic mean of 8.21. The median price for the last 90 days is 8.14. The company completed stock split (10:1) on 8th of June 2023.
OpenHighLowCloseVolume
04/23/2024 8.66  8.72  8.61  8.70  157,642 
04/22/2024 8.76  8.76  8.47  8.56  326,172 
04/19/2024 8.76  8.76  8.60  8.76  106,600 
04/18/2024 8.74  8.78  8.62  8.76  74,264 
04/17/2024 8.88  8.88  8.74  8.82  166,823 
04/16/2024 8.80  8.88  8.71  8.88  70,280 
04/15/2024 8.72  8.87  8.72  8.83  188,539 
04/12/2024 8.67  8.81  8.67  8.76  366,656 
04/11/2024 8.71  8.85  8.60  8.72  354,793 
04/10/2024 8.80  8.80  8.60  8.70  131,000 
04/09/2024 8.84  8.84  8.65  8.70  215,888 
04/08/2024 8.51  8.80  8.51  8.70  314,188 
04/05/2024 8.80  8.89  8.58  8.62  396,820 
04/04/2024 8.67  8.67  8.46  8.60  112,949 
04/03/2024 8.37  8.64  8.37  8.64  210,142 
04/02/2024 8.20  8.40  8.16  8.36  178,761 
03/27/2024 8.15  8.18  8.09  8.17  114,477 
03/26/2024 8.21  8.21  8.10  8.15  88,226 
03/25/2024 8.11  8.21  8.09  8.12  195,902 
03/22/2024 8.21  8.21  8.11  8.17  179,903 
03/21/2024 8.10  8.21  8.09  8.21  105,550 
03/20/2024 8.10  8.13  8.00  8.11  182,351 
03/19/2024 8.15  8.22  8.08  8.22  111,773 
03/18/2024 8.19  8.19  8.06  8.15  155,292 
03/15/2024 8.15  8.15  8.07  8.10  80,872 
03/14/2024 8.10  8.14  8.04  8.14  32,953 
03/13/2024 8.06  8.14  8.03  8.07  199,038 
03/12/2024 8.17  8.26  8.13  8.13  119,089 
03/11/2024 8.10  8.13  8.05  8.13  99,724 
03/08/2024 8.00  8.11  8.00  8.10  116,141 
03/07/2024 8.11  8.17  8.02  8.06  298,795 
03/06/2024 8.20  8.23  8.10  8.23  66,179 
03/05/2024 8.29  8.29  8.16  8.20  91,815 
03/04/2024 8.30  8.30  8.17  8.20  147,580 
03/01/2024 8.31  8.31  8.15  8.24  167,589 
02/29/2024 8.21  8.30  8.21  8.23  155,408 
02/28/2024 8.20  8.30  8.16  8.21  262,877 
02/27/2024 8.10  8.24  8.08  8.24  613,186 
02/26/2024 8.07  8.15  8.07  8.13  122,978 
02/23/2024 8.17  8.17  8.00  8.12  169,137 
02/22/2024 8.24  8.36  8.10  8.13  318,039 
02/21/2024 8.70  8.70  8.20  8.35  709,204 
02/20/2024 8.62  8.75  8.41  8.75  531,477 
02/19/2024 8.30  8.59  8.30  8.59  258,352 
02/16/2024 8.10  8.30  8.04  8.30  184,354 
02/15/2024 7.98  8.01  7.91  7.96  119,533 
02/14/2024 7.80  7.95  7.80  7.91  96,242 
02/13/2024 7.70  7.90  7.70  7.80  125,097 
02/12/2024 7.70  7.77  7.61  7.76  93,224 
02/09/2024 7.67  7.77  7.67  7.75  42,160 
02/08/2024 7.65  7.75  7.62  7.73  79,387 
02/07/2024 7.75  7.77  7.65  7.75  123,085 
02/06/2024 7.70  7.74  7.67  7.74  245,346 
02/05/2024 7.81  7.81  7.71  7.77  109,528 
02/02/2024 7.75  7.85  7.75  7.83  49,249 
02/01/2024 7.80  7.85  7.77  7.85  38,616 
01/31/2024 8.02  8.02  7.80  7.85  147,307 
01/30/2024 8.00  8.00  7.90  7.90  95,650 
01/29/2024 8.00  8.05  7.86  8.00  111,027 
01/26/2024 7.80  8.01  7.80  8.00  38,425 
01/25/2024 7.92  8.07  7.90  7.90  107,973 

About Petronor Stock history

Petronor 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 Petronor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Petronor EP 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 Petronor stock prices may prove useful in developing a viable investing in Petronor
PetroNor EP Limited operates as an oil and gas exploration and production company in West Africa. The company was founded 2017 and is headquartered in London, the United Kingdom. PETRONOR operates under Oil Gas EP classification in Norway and is traded on Oslo Stock Exchange. It employs 20 people.

Petronor Stock Technical Analysis

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

Predictive indicators are helping investors to find signals for Petronor's price direction in advance. Along with the technical and fundamental analysis of Petronor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Petronor 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petronor EP. 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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Please note, there is a significant difference between Petronor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Petronor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Petronor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.