OBSHX SHIPPING (Norway) Performance


 101.62  6.03  5.60%   

The entity holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. Let's try to break down what OBSHX's beta means in this case. the returns on MARKET and OBSHX SHIPPING are completely uncorrelated. Although it is important to respect OBSHX SHIPPING PR current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The approach into forecasting future performance of any index is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting OBSHX SHIPPING PR technical indicators, you can now evaluate if the expected return of 0.0% will be sustainable into the future.

OBSHX SHIPPING Relative Risk vs. Return Landscape

If you would invest (100.00)  in OBSHX SHIPPING PR on June 26, 2022 and sell it today you would earn a total of  100.00  from holding OBSHX SHIPPING PR or generate -100.0% return on investment over 90 days. OBSHX SHIPPING PR is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of indexs are less volatile than OBSHX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  

OBSHX SHIPPING Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for OBSHX SHIPPING's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as OBSHX SHIPPING PR, and traders can use it to determine the average amount a OBSHX SHIPPING's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0

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Based on monthly moving average OBSHX SHIPPING is performing at about 0% 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 OBSHX SHIPPING by adding it to a well-diversified portfolio.

Things to note about OBSHX SHIPPING PR

Checking the ongoing alerts about OBSHX SHIPPING for important developments is a great way to find new opportunities for your next move. Index alerts and notifications screener for OBSHX SHIPPING PR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.


Equity Alerts and Improvement Suggestions

OBSHX SHIPPING PR is not yet fully synchronised with the market data
Check out Your Equity Center. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Other Tools for OBSHX Index

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