Nightingale Health (Finland) Price on March 8, 2024
HEALTH Stock | EUR 2.94 0.06 2.00% |
If you're considering investing in Nightingale Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nightingale Health stands at 2.94, as last reported on the 15th of December 2024, with the highest price reaching 3.07 and the lowest price hitting 2.91 during the day. Nightingale Health Oyj has Sharpe Ratio of -0.0204, which conveys that the firm had a -0.0204% return per unit of risk over the last 3 months. Nightingale Health exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nightingale Health's Risk Adjusted Performance of (0.02), standard deviation of 4.23, and Mean Deviation of 2.71 to check out the risk estimate we provide.
Nightingale Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nightingale |
Sharpe Ratio = -0.0204
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Negative Returns | HEALTH |
Estimated Market Risk
4.24 actual daily | 37 63% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nightingale Health 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 Nightingale Health by adding Nightingale Health to a well-diversified portfolio.
Nightingale Health Valuation on March 8, 2024
It is possible to determine the worth of Nightingale Health on a given historical date. On March 8, 2024 Nightingale was worth 1.08 at the beginning of the trading date compared to the closed value of 1.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nightingale Health stock. Still, in general, we apply an absolute valuation method to find Nightingale Health'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 Nightingale Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nightingale Health's related companies.
Open | High | Low | Close | Volume | |
1.10 | 1.10 | 0.99 | 1.02 | 67,058 | |
03/08/2024 | 1.08 | 1.10 | 1.05 | 1.06 | 88,138 |
1.06 | 1.08 | 1.03 | 1.06 | 53,696 |
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Nightingale Health Trading Date Momentum on March 8, 2024
On March 11 2024 Nightingale Health Oyj was traded for 1.06 at the closing time. The highest price during the trading period was 1.08 and the lowest recorded bid was listed for 1.03 . The volume for the day was 53.7 K. This history from March 11, 2024 did not cause price change. The trading delta at closing time to the current price is 3.77% . |
Nightingale Health Oyj Fundamentals Correlations and Trends
By evaluating Nightingale Health's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nightingale Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nightingale financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nightingale Health Stock history
Nightingale Health 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 Nightingale is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nightingale Health Oyj 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 Nightingale Health stock prices may prove useful in developing a viable investing in Nightingale Health
Nightingale Health Ltd. offers a health data platform that detects disease risks. The company was founded in 2002 and is based in Helsinki, Finland. Nightingale Health is traded on Helsinki Exchange in Finland.
Nightingale Health Stock Technical Analysis
Nightingale Health 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.
Price Boundaries
Nightingale Health Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Nightingale Health Oyj cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki 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.
Nightingale Health December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Nightingale Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nightingale Health shares will generate the highest return on investment. By undertsting and applying Nightingale Health stock market strength indicators, traders can identify Nightingale Health Oyj entry and exit signals to maximize returns
Nightingale Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nightingale Health's price direction in advance. Along with the technical and fundamental analysis of Nightingale Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nightingale 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 | (0.02) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.69) | |||
Treynor Ratio | (0.28) |
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Price Transform | ||
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Volume Indicators |
Complementary Tools for Nightingale Stock analysis
When running Nightingale Health's price analysis, check to measure Nightingale Health'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 Nightingale Health is operating at the current time. Most of Nightingale Health's value examination focuses on studying past and present price action to predict the probability of Nightingale Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nightingale Health's price. Additionally, you may evaluate how the addition of Nightingale Health to your portfolios can decrease your overall portfolio volatility.
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