NetJobs Group (Sweden) Price on May 2, 2024

NJOB Stock  SEK 0.36  0.01  2.86%   
If you're considering investing in NetJobs Stock, it is important to understand the factors that can impact its price. As of today, the current price of NetJobs Group stands at 0.36, as last reported on the 30th of November, with the highest price reaching 0.36 and the lowest price hitting 0.33 during the day. NetJobs Group AB has Sharpe Ratio of -6.0E-4, which conveys that the firm had a -6.0E-4% return per unit of risk over the last 3 months. NetJobs Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NetJobs Group's Risk Adjusted Performance of 0.0021, standard deviation of 4.91, and Mean Deviation of 3.05 to check out the risk estimate we provide.
  
NetJobs Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -6.0E-4

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Estimated Market Risk

 4.94
  actual daily
43
57% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average NetJobs Group 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 NetJobs Group by adding NetJobs Group to a well-diversified portfolio.

NetJobs Group Valuation on May 2, 2024

It is possible to determine the worth of NetJobs Group on a given historical date. On May 2, 2024 NetJobs was worth 0.32 at the beginning of the trading date compared to the closed value of 0.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NetJobs Group stock. Still, in general, we apply an absolute valuation method to find NetJobs Group'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 NetJobs Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NetJobs Group's related companies.
 Open High Low Close Volume
  0.30    0.30    0.28    0.28    4,000  
05/02/2024
  0.32    0.32    0.32    0.32    60.00  
  0.32    0.32    0.32    0.32    33,677  
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Open Value
0.32
0.32
Closing Value
15.15
Upside

NetJobs Group Trading Date Momentum on May 2, 2024

On May 03 2024 NetJobs Group AB was traded for  0.32  at the closing time. The highest price during the trading period was 0.32  and the lowest recorded bid was listed for  0.32 . The volume for the day was 33.7 K. This history from May 3, 2024 did not cause price change. The trading delta at closing time to the current price is 6.25% .

NetJobs Group AB Fundamentals Correlations and Trends

By evaluating NetJobs Group'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 NetJobs Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NetJobs financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About NetJobs Group Stock history

NetJobs Group 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 NetJobs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NetJobs Group AB 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 NetJobs Group stock prices may prove useful in developing a viable investing in NetJobs Group
It owns and operates 42 job sites in Sweden, Germany, Norway, Finland, and Denmark. NetJobs Group AB was founded in 2004 and is based in Stockholm, Sweden. NetJobs Group operates under Advertising - Marketing - Media - E-commerce classification in Sweden and is traded on Stockholm Stock Exchange.

NetJobs Group Stock Technical Analysis

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

NetJobs Group Period Price Range

Low
November 30, 2024
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High

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NetJobs Group AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.

NetJobs Group November 30, 2024 Market Strength

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

NetJobs Group Technical and Predictive Indicators

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

Additional Tools for NetJobs Stock Analysis

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