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.
Reach |
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 Price | April 29, 2024 | 6.22 |
Lowest Price | February 8, 2024 | 4.37 |
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
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.Open | High | Low | Close | Volume | ||
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.
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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.
Risk Adjusted Performance | 0.1706 | |||
Jensen Alpha | 0.5092 | |||
Total Risk Alpha | 0.2785 | |||
Sortino Ratio | 0.2523 | |||
Treynor Ratio | (1.82) |
Cycle Indicators | ||
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Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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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