NORDHEALTH (Germany) Price on October 3, 2024
| 6E5 Stock | 2.94 0.64 17.88% |
If you're considering investing in NORDHEALTH Stock, it is important to understand the factors that can impact its price. As of today, the current price of NORDHEALTH stands at 2.94, as last reported on the 28th of November, with the highest price reaching 2.94 and the lowest price hitting 2.94 during the day. NORDHEALTH appears to be very risky, given 3 months investment horizon. NORDHEALTH AS NK has Sharpe Ratio of 0.076, which conveys that the firm had a 0.076% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for NORDHEALTH, which you can use to evaluate the volatility of the firm. Please exercise NORDHEALTH's Mean Deviation of 3.53, risk adjusted performance of 0.0782, and Market Risk Adjusted Performance of (0.21) to check out if our risk estimates are consistent with your expectations.
NORDHEALTH Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NORDHEALTH |
Sharpe Ratio = 0.076
| Best Portfolio | Best Equity | |||
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| Small Returns | 6E5 | |||
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Estimated Market Risk
| 4.94 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average NORDHEALTH is performing at about 5% 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 NORDHEALTH by adding it to a well-diversified portfolio.
NORDHEALTH Valuation on October 3, 2024
It is possible to determine the worth of NORDHEALTH on a given historical date. On October 3, 2024 NORDHEALTH was worth 3.04 at the beginning of the trading date compared to the closed value of 3.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NORDHEALTH stock. Still, in general, we apply an absolute valuation method to find NORDHEALTH'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 NORDHEALTH where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NORDHEALTH's related companies.
| Open | High | Low | Close | Volume | |
| 2.99 | 2.99 | 2.99 | 2.99 | 19,175 | |
10/03/2024 | 3.04 | 3.04 | 3.04 | 3.04 | 19,175 |
| 3.12 | 3.12 | 3.12 | 3.12 | 19,175 |
| Backtest NORDHEALTH | | | NORDHEALTH History | Previous | Next |
NORDHEALTH Trading Date Momentum on October 3, 2024
| On October 04 2024 NORDHEALTH AS NK was traded for 3.12 at the closing time. The highest daily price throughout the period was 3.12 and the lowest price was 3.12 . The daily volume was 19.2 K. The net trading volume on 10/04/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 2.63% . The trading delta at closing time to current closing price is 13.49% . |
Price Boundaries
NORDHEALTH Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
NORDHEALTH AS NK 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.
NORDHEALTH November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how NORDHEALTH stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NORDHEALTH shares will generate the highest return on investment. By undertsting and applying NORDHEALTH stock market strength indicators, traders can identify NORDHEALTH AS NK entry and exit signals to maximize returns
NORDHEALTH Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NORDHEALTH's price direction in advance. Along with the technical and fundamental analysis of NORDHEALTH Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NORDHEALTH 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 | 0.0782 | |||
| Jensen Alpha | 0.6645 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0692 | |||
| Treynor Ratio | (0.22) |
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| Volume Indicators |
Complementary Tools for NORDHEALTH Stock analysis
When running NORDHEALTH's price analysis, check to measure NORDHEALTH'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 NORDHEALTH is operating at the current time. Most of NORDHEALTH's value examination focuses on studying past and present price action to predict the probability of NORDHEALTH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NORDHEALTH's price. Additionally, you may evaluate how the addition of NORDHEALTH to your portfolios can decrease your overall portfolio volatility.
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