Nomad Foods Stock Price on March 1, 2024

NOMD Stock  USD 18.31  0.22  1.22%   
If you're considering investing in Nomad Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nomad Foods stands at 18.31, as last reported on the 1st of December, with the highest price reaching 18.38 and the lowest price hitting 18.11 during the day. Nomad Foods has Sharpe Ratio of -0.0241, which conveys that the firm had a -0.0241% return per unit of risk over the last 3 months. Nomad Foods exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nomad Foods' Risk Adjusted Performance of (0.01), mean deviation of 1.12, and Standard Deviation of 1.47 to check out the risk estimate we provide.
  
Nomad Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0241

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Estimated Market Risk

 1.47
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.04
  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 Nomad Foods 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 Nomad Foods by adding Nomad Foods to a well-diversified portfolio.

Nomad Foods Valuation on March 1, 2024

It is possible to determine the worth of Nomad Foods on a given historical date. On March 1, 2024 Nomad was worth 18.0 at the beginning of the trading date compared to the closed value of 19.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nomad Foods stock. Still, in general, we apply an absolute valuation method to find Nomad Foods' 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 Nomad Foods where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nomad Foods' related companies.
 Open High Low Close Volume
  18.11    18.51    17.65    17.97    759,702  
03/01/2024
  18.00    19.13    17.92    19.02    1,138,372  
  19.03    19.13    18.82    19.08    610,822  
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Open Value
18.0
19.02
Closing Value
22.42
Upside

Nomad Foods Trading Date Momentum on March 1, 2024

On March 04 2024 Nomad Foods was traded for  19.08  at the closing time. The top price for the day was 19.13  and the lowest listed price was  18.82 . The trading volume for the day was 610.8 K. The trading history from March 4, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.32% . The trading delta at closing time against the current closing price is 0.05% .

Nomad Foods Fundamentals Correlations and Trends

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

About Nomad Foods Stock history

Nomad Foods 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 Nomad is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nomad Foods 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 Nomad Foods stock prices may prove useful in developing a viable investing in Nomad Foods
Nomad Foods Limited manufactures, markets, and distributes frozen food products in the United Kingdom, Italy, Germany, France, Sweden, Austria, Norway, Spain, and rest of Europe. Nomad Foods Limited is headquartered in Feltham, the United Kingdom. Nomad Foods operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. It employs 7318 people.

Nomad Foods Stock Technical Analysis

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

Nomad Foods Period Price Range

Low
December 1, 2024
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High

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Nomad Foods cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Nomad Foods December 1, 2024 Market Strength

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

Nomad Foods Technical and Predictive Indicators

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

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