Nordea Bank (Denmark) Price on September 25, 2024
| NDA-DK Stock | 79.88 0.08 0.10% |
If you're considering investing in Nordea Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nordea Bank stands at 79.88, as last reported on the 30th of November, with the highest price reaching 79.90 and the lowest price hitting 79.38 during the day. At this point, Nordea Bank is very steady. Nordea Bank Abp has Sharpe Ratio of 0.0051, which conveys that the firm had a 0.0051% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nordea Bank, which you can use to evaluate the volatility of the firm. Please verify Nordea Bank's Mean Deviation of 0.8577, downside deviation of 0.9802, and Risk Adjusted Performance of 0.0116 to check out if the risk estimate we provide is consistent with the expected return of 0.0062%.
Nordea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nordea |
Sharpe Ratio = 0.0051
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| Negative Returns | NDA-DK |
Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nordea Bank 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 Nordea Bank by adding Nordea Bank to a well-diversified portfolio.
Nordea Bank Valuation on September 25, 2024
It is possible to determine the worth of Nordea Bank on a given historical date. On September 25, 2024 Nordea was worth 79.58 at the beginning of the trading date compared to the closed value of 77.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nordea Bank stock. Still, in general, we apply an absolute valuation method to find Nordea Bank'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 Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nordea Bank's related companies.
| Open | High | Low | Close | Volume | |
| 79.62 | 80.40 | 79.58 | 79.86 | 524,090 | |
09/25/2024 | 79.58 | 79.58 | 77.84 | 77.92 | 412,004 |
| 78.04 | 79.18 | 77.92 | 78.60 | 437,501 |
| Backtest Nordea Bank | | | Nordea Bank History | | | Nordea Bank Valuation | Previous | Next |
Nordea Bank Trading Date Momentum on September 25, 2024
| On September 26 2024 Nordea Bank Abp was traded for 78.60 at the closing time. The highest price during the trading period was 79.18 and the lowest recorded bid was listed for 77.92 . The volume for the day was 437.5 K. This history from September 26, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.87% . The trading delta at closing time to the current price is 0.23% . |
Nordea Bank Abp Fundamentals Correlations and Trends
By evaluating Nordea Bank'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 Nordea Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nordea financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nordea Bank Stock history
Nordea Bank 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 Nordea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nordea Bank Abp 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 Nordea Bank stock prices may prove useful in developing a viable investing in Nordea Bank
Nordea Bank Stock Technical Analysis
Nordea Bank 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
Nordea Bank Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Nordea Bank Abp cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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 Bank November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Nordea Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nordea Bank shares will generate the highest return on investment. By undertsting and applying Nordea Bank stock market strength indicators, traders can identify Nordea Bank Abp entry and exit signals to maximize returns
Nordea Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nordea Bank's price direction in advance. Along with the technical and fundamental analysis of Nordea Stock 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 | 0.0116 | |||
| Jensen Alpha | 0.0035 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (0.39) |
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| Volume Indicators |
Complementary Tools for Nordea Stock analysis
When running Nordea Bank's price analysis, check to measure Nordea Bank'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 Nordea Bank is operating at the current time. Most of Nordea Bank's value examination focuses on studying past and present price action to predict the probability of Nordea Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordea Bank's price. Additionally, you may evaluate how the addition of Nordea Bank to your portfolios can decrease your overall portfolio volatility.
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