Nib Holdings (Germany) Price on October 31, 2024

3GU Stock  EUR 2.98  0.26  9.56%   
If you're considering investing in Nib Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nib Holdings stands at 2.98, as last reported on the 22nd of December, with the highest price reaching 2.98 and the lowest price hitting 2.40 during the day. nib holdings limited has Sharpe Ratio of -0.0436, which conveys that the firm had a -0.0436% return per unit of risk over the last 3 months. Nib Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nib Holdings' Market Risk Adjusted Performance of (0.14), standard deviation of 2.95, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
  
Nib Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0436

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Estimated Market Risk

 2.95
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nib Holdings is not performing at its full potential. However, 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 Nib Holdings by adding Nib Holdings to a well-diversified portfolio.

Nib Holdings Valuation on October 31, 2024

It is possible to determine the worth of Nib Holdings on a given historical date. On October 31, 2024 Nib was worth 3.42 at the beginning of the trading date compared to the closed value of 3.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nib Holdings stock. Still, in general, we apply an absolute valuation method to find Nib Holdings' 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 Nib Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nib Holdings' related companies.
 Open High Low Close Volume
  3.44    3.44    3.44    3.44    1,000.00  
10/31/2024
  3.42    3.42    3.42    3.42    1,000.00  
  3.42    3.42    3.42    3.42    1,000.00  
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Open Value
3.42
3.42
Closing Value
12.27
Upside

Nib Holdings Trading Date Momentum on October 31, 2024

On November 01 2024 nib holdings limited was traded for  3.42  at the closing time. The highest daily price throughout the period was 3.42  and the lowest price was  3.42 . The daily volume was 1000. The net trading volume on 11/01/2024 had no short-term effect on price fluctuation. The trading date delta to current closing price is 5.26% .

nib holdings limited Fundamentals Correlations and Trends

By evaluating Nib Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nib Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nib financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nib Holdings Stock history

Nib Holdings 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 Nib is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in nib holdings limited 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 Nib Holdings stock prices may prove useful in developing a viable investing in Nib Holdings
nib holdings limited, together with its subsidiaries, provides health insurance services to residents, and international students and visitors in Australia, New Zealand, and internationally. The company offers health insurance products, including single, couples, and family health insurance life insurance travel insurance and funeral and income protection insurance services, as well as health insurance for international workers. nib holdings limited was founded in 1952 and is headquartered in Newcastle, Australia. NIB HLDGS operates under Insurance - Specialty classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1300 people.

Nib Holdings Stock Technical Analysis

Nib Holdings 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 Nib Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nib Holdings 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...

Price Boundaries

Nib Holdings Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

nib holdings limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Nib Holdings December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Nib Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nib Holdings shares will generate the highest return on investment. By undertsting and applying Nib Holdings stock market strength indicators, traders can identify nib holdings limited entry and exit signals to maximize returns

Nib Holdings Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nib Holdings' price direction in advance. Along with the technical and fundamental analysis of Nib Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nib 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.

Complementary Tools for Nib Stock analysis

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