Nordea 1 (Ireland) Price on October 22, 2024
| 0P0000YK6S | 406.84 2.70 0.67% |
If you're considering investing in Nordea Fund, it is important to understand the factors that can impact its price. As of today, the current price of Nordea 1 stands at 406.84, as last reported on the 18th of December 2024, with the highest price reaching 406.84 and the lowest price hitting 406.84 during the day. At this stage we consider Nordea Fund to be very steady. Nordea 1 has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nordea 1, which you can use to evaluate the volatility of the fund. Please verify Nordea 1's Risk Adjusted Performance of 0.0915, mean deviation of 0.5827, and Downside Deviation of 0.733 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Nordea Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nordea |
Sharpe Ratio = 0.1375
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| Cash | 0P0000YK6S | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Nordea 1 is performing at about 10% 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 Nordea 1 by adding it to a well-diversified portfolio.
Nordea 1 Valuation on October 22, 2024
It is possible to determine the worth of Nordea 1 on a given historical date. On October 22, 2024 Nordea was worth 388.96 at the beginning of the trading date compared to the closed value of 388.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nordea 1 fund. Still, in general, we apply an absolute valuation method to find Nordea 1's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nordea 1 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nordea 1's related companies.
| Open | High | Low | Close | Volume | |
| 392.01 | 392.01 | 392.01 | 392.01 | 1.00 | |
10/22/2024 | 388.96 | 388.96 | 388.96 | 388.96 | 1.00 |
| 390.51 | 390.51 | 390.51 | 390.51 | 1.00 |
| Backtest Nordea 1 | | | Nordea 1 History | Previous | Next |
Nordea 1 Trading Date Momentum on October 22, 2024
| On October 23 2024 Nordea 1 was traded for 390.51 at the closing time. The highest price during the trading period was 390.51 and the lowest recorded bid was listed for 390.51 . There was no trading activity during the period 1.0. Lack of trading volume on October 23, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.40% . The trading delta at closing time to the current price is 0.75% . |
Price Boundaries
Nordea 1 Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Nordea 1 cannot be verified against its exchange. Please verify the symbol is currently traded on Irish Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nordea 1 December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Nordea 1 fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nordea 1 shares will generate the highest return on investment. By undertsting and applying Nordea 1 fund market strength indicators, traders can identify Nordea 1 entry and exit signals to maximize returns
Nordea 1 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nordea 1's price direction in advance. Along with the technical and fundamental analysis of Nordea Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nordea 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 | 0.0915 | |||
| Jensen Alpha | 0.0623 | |||
| Total Risk Alpha | 0.0251 | |||
| Sortino Ratio | 0.0387 | |||
| Treynor Ratio | 0.2087 |
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| Volatility Indicators | ||
| Volume Indicators |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |