Reach Subsea (Norway) Price History

REACH Stock  NOK 6.10  0.06  0.99%   
If you're considering investing in Reach Stock, it is important to understand the factors that can impact its price. As of today, the current price of Reach Subsea stands at 6.10, as last reported on the 5th of May, with the highest price reaching 6.14 and the lowest price hitting 6.04 during the day. Reach Subsea appears to be somewhat reliable, given 3 months investment horizon. Reach Subsea maintains Sharpe Ratio (i.e., Efficiency) of 0.29, which implies the firm had a 0.29% return per unit of risk over the last 3 months. By analyzing Reach Subsea's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please evaluate Reach Subsea's Coefficient Of Variation of 385.28, semi deviation of 1.08, and Risk Adjusted Performance of 0.1706 to confirm if our risk estimates are consistent with your expectations.
  
Reach Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2889

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Estimated Market Risk

 1.97
  actual daily
17
83% of assets are more volatile

Expected Return

 0.57
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.29
  actual daily
22
78% of assets perform better
Based on monthly moving average Reach Subsea is performing at about 22% 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 Reach Subsea by adding it to a well-diversified portfolio.

Reach Subsea Stock Price History Chart

There are several ways to analyze Reach Stock price data. The simplest method is using a basic Reach candlestick price chart, which shows Reach Subsea 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 29, 20246.22
Lowest PriceFebruary 8, 20244.37

Reach Subsea May 5, 2024 Stock Price Synopsis

Various analyses of Reach Subsea's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Reach Stock. It can be used to describe the percentage change in the price of Reach Subsea from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Reach Stock.
Reach Subsea Price Rate Of Daily Change 1.01 
Reach Subsea Price Action Indicator 0.04 
Reach Subsea Price Daily Balance Of Power 0.60 

Reach Subsea May 5, 2024 Stock Price Analysis

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

Reach Stock Price History Data

The price series of Reach Subsea for the period between Mon, Feb 5, 2024 and Sun, May 5, 2024 has a statistical range of 1.88 with a coefficient of variation of 10.69. The price distribution for the period has arithmetic mean of 5.44. The median price for the last 90 days is 5.42. The company completed stock split (1:20) on 6th of December 2012. Reach Subsea had dividends distributed to its stock-holders on 2022-05-31.
OpenHighLowCloseVolume
05/05/2024
 6.04  6.14  6.04  6.10 
05/03/2024 6.04  6.14  6.04  6.10  98,115 
05/02/2024 6.20  6.20  6.02  6.04  239,112 
04/30/2024 6.22  6.22  6.16  6.22  139,024 
04/29/2024 6.00  6.48  5.98  6.22  209,462 
04/26/2024 5.96  5.98  5.90  5.98  765,753 
04/25/2024 5.98  5.98  5.88  5.88  60,171 
04/24/2024 5.98  5.98  5.88  5.94  174,158 
04/23/2024 6.00  6.00  5.88  5.90  134,522 
04/22/2024 5.94  6.02  5.90  5.94  148,920 
04/19/2024 5.86  6.02  5.86  5.94  162,545 
04/18/2024 5.98  6.00  5.88  5.88  161,088 
04/17/2024 5.96  5.98  5.90  5.96  71,869 
04/16/2024 5.90  5.96  5.90  5.96  88,024 
04/15/2024 6.00  6.00  5.92  5.96  89,559 
04/12/2024 5.96  6.02  5.92  5.96  90,916 
04/11/2024 5.98  5.98  5.86  5.88  159,770 
04/10/2024 6.02  6.02  5.88  5.92  144,216 
04/09/2024 6.02  6.08  5.90  6.02  327,270 
04/08/2024 6.16  6.18  6.00  6.02  283,042 
04/05/2024 6.16  6.22  6.06  6.18  464,249 
04/04/2024 6.16  6.16  6.10  6.14  175,869 
04/03/2024 6.16  6.18  6.06  6.14  219,492 
04/02/2024 6.08  6.12  6.00  6.12  227,566 
03/27/2024 5.94  6.04  5.94  6.02  214,690 
03/26/2024 5.88  6.00  5.86  6.00  608,645 
03/25/2024 5.70  5.86  5.62  5.86  330,057 
03/22/2024 5.58  5.60  5.50  5.58  137,113 
03/21/2024 5.50  5.56  5.40  5.56  208,959 
03/20/2024 5.36  5.50  5.34  5.40  296,605 
03/19/2024 5.40  5.44  5.34  5.36  107,149 
03/18/2024 5.38  5.42  5.32  5.42  90,011 
03/15/2024 5.32  5.40  5.26  5.38  99,713 
03/14/2024 5.28  5.34  5.20  5.24  156,985 
03/13/2024 5.36  5.40  5.20  5.20  390,631 
03/12/2024 5.40  5.40  5.30  5.38  124,085 
03/11/2024 5.38  5.42  5.30  5.38  128,790 
03/08/2024 5.24  5.40  5.20  5.20  165,398 
03/07/2024 5.26  5.28  5.12  5.28  189,812 
03/06/2024 5.14  5.26  5.14  5.16  55,743 
03/05/2024 5.30  5.30  5.06  5.14  455,916 
03/04/2024 5.42  5.42  5.30  5.30  165,173 
03/01/2024 5.44  5.44  5.32  5.36  147,550 
02/29/2024 5.36  5.46  5.36  5.46  427,620 
02/28/2024 5.56  5.56  5.36  5.36  161,660 
02/27/2024 5.56  5.62  5.42  5.46  278,843 
02/26/2024 5.42  5.58  5.42  5.56  264,763 
02/23/2024 5.42  5.52  5.42  5.42  332,528 
02/22/2024 5.34  5.50  5.34  5.50  472,477 
02/21/2024 5.38  5.40  5.26  5.34  196,541 
02/20/2024 5.48  5.48  5.24  5.40  493,571 
02/19/2024 5.28  5.46  5.28  5.40  568,692 
02/16/2024 5.16  5.38  5.10  5.24  1,073,321 
02/15/2024 4.92  5.20  4.82  5.10  1,268,541 
02/14/2024 4.89  5.00  4.86  4.92  1,463,259 
02/13/2024 4.56  4.64  4.52  4.62  193,807 
02/12/2024 4.45  4.62  4.45  4.56  302,498 
02/09/2024 4.38  4.46  4.33  4.45  110,001 
02/08/2024 4.39  4.39  4.29  4.37  47,100 
02/07/2024 4.31  4.39  4.31  4.39  56,281 
02/06/2024 4.46  4.46  4.30  4.39  340,865 

About Reach Subsea Stock history

Reach Subsea 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 Reach is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Reach Subsea 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 Reach Subsea stock prices may prove useful in developing a viable investing in Reach Subsea
The company offers inspection, maintenance, and repair services and remotely operated vehicles, survey, and construction services. Reach Subsea ASA was founded in 2008 and is based in Haugesund, Norway. REACH SUBSEA operates under Engineering And Technical Services classification in Norway and is traded on Oslo Stock Exchange. It employs 119 people.

Reach Subsea Stock Technical Analysis

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

Predictive indicators are helping investors to find signals for Reach Subsea's price direction in advance. Along with the technical and fundamental analysis of Reach Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Reach 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 Reach Subsea. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Reach Subsea information on this page should be used as a complementary analysis to other Reach Subsea'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 the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Reach Subsea's price analysis, check to measure Reach Subsea'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 Reach Subsea is operating at the current time. Most of Reach Subsea's value examination focuses on studying past and present price action to predict the probability of Reach Subsea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reach Subsea's price. Additionally, you may evaluate how the addition of Reach Subsea to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Reach Subsea's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reach Subsea is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reach Subsea'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.