OBOSX OIL (Norway) Index

OBOSX OIL is projected at 39.93 as of the 3rd of July 2022. This is a -1.29% down since the beginning of the trading day. The index's open price was 40.45. Equity ratings for OBOSX OIL SERV GR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2022 and ending today, the 3rd of July 2022. Click here to learn more.
OBOSX OIL SERV GR index cannot be verified at this time. Apparently, OBOSX OIL is not available to be used as a benchmark. Please verify the index is currently available on Oslo Stock Exchange. If you still believe the index you are trying to look up is valid please let us know so we can validate it.
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OBOSX OIL SERV Spec

Symbol  OBOSX
Name  OBOSX OIL SERV GR
TypeIndex
Country   Norway
Exchange  Oslo

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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OBOSX OIL Distribution of Returns

 Predicted Return Density 
      Returns 
OBOSX OIL's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how OBOSX OIL stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Company's Stock Price Volatility?

Several factors can influence a company's stock volatility:

Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

OBOSX OIL Against Global Markets

OSE Al  24.82   
0%
100.0%
Madrid  1.22   
0%
4.0%
SP 500  1.06   
0%
4.0%
DOW  1.05   
0%
4.0%
NYSE  1.03   
0%
4.0%
IBEX 3  0.96   
0%
3.0%
Nasdaq  0.90   
0%
3.0%
Stockh  0.77   
0%
3.0%
ISEQ  0.64   
0%
2.0%
IPC  0.46   
0%
1.0%
Bursa   0.38   
0%
1.0%
Swiss   0.27   
0%
1.0%
DAX  0.23   
0%
1.0%
CAC 40  0.14   
0%
1.0%
MerVal  0.00   
0%
0%
Bovesp  0.00   
0%
0%
NASDAQ  0.13   
1.0%
0%
BSE  0.21   
1.0%
0%
Strait  0.21   
1.0%
0%
Shangh  0.32   
1.0%
0%
All Or  0.39   
1.0%
0%
ATX  0.55   
2.0%
0%
Hang S  0.62   
2.0%
0%
Israel  0.99   
4.0%
0%
NZSE  1.06   
4.0%
0%
SPTSX   1.14   
4.0%
0%
Seoul   1.17   
4.0%
0%
NASDAQ  1.21   
4.0%
0%
OBOSX   1.29   
5.0%
0%
Greece  1.40   
5.0%
0%
Jakart  1.70   
6.0%
0%
NIKKEI  1.73   
6.0%
0%
Taiwan  3.26   
13.0%
0%
 

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Please check Your Equity Center. Note that the OBOSX OIL SERV information on this page should be used as a complementary analysis to other OBOSX OIL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Other Tools for OBOSX Index

When running OBOSX OIL SERV price analysis, check to measure OBOSX OIL'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 OBOSX OIL is operating at the current time. Most of OBOSX OIL's value examination focuses on studying past and present price action to predict the probability of OBOSX OIL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OBOSX OIL's price. Additionally, you may evaluate how the addition of OBOSX OIL to your portfolios can decrease your overall portfolio volatility.
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