NRC Group (Norway) Price on June 4, 2024
| NRC Stock | NOK 4.96 0.03 0.60% |
If you're considering investing in NRC Stock, it is important to understand the factors that can impact its price. As of today, the current price of NRC Group stands at 4.96, as last reported on the 27th of December, with the highest price reaching 5.00 and the lowest price hitting 4.81 during the day. NRC Group appears to be relatively risky, given 3 months investment horizon. NRC Group ASA retains Efficiency (Sharpe Ratio) of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing NRC Group's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please exercise NRC Group's Market Risk Adjusted Performance of 1.61, semi deviation of 3.73, and Mean Deviation of 3.21 to check out if our risk estimates are consistent with your expectations.
NRC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NRC |
Sharpe Ratio = 0.1445
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Estimated Market Risk
| 3.96 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average NRC Group is performing at about 11% 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 NRC Group by adding it to a well-diversified portfolio.
NRC Group Valuation on June 4, 2024
It is possible to determine the worth of NRC Group on a given historical date. On June 4, 2024 NRC was worth 10.58 at the beginning of the trading date compared to the closed value of 10.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NRC Group stock. Still, in general, we apply an absolute valuation method to find NRC 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 NRC Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NRC Group's related companies.
| Open | High | Low | Close | Volume | |
| 10.84 | 10.97 | 10.58 | 10.58 | 95,024 | |
06/04/2024 | 10.58 | 10.62 | 10.49 | 10.53 | 134,750 |
| 10.40 | 10.49 | 10.23 | 10.44 | 172,615 |
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NRC Group Trading Date Momentum on June 4, 2024
| On June 05 2024 NRC Group ASA was traded for 10.44 at the closing time. The maximum traded price for the trading interval was 10.49 and the lowest daily price was 10.23 . The daily volume was recorded at 172.6 K. The volume of trading on 5th of June 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.85% . The trading delta at closing time to the closing price today is 0.38% . |
NRC Group ASA Fundamentals Correlations and Trends
By evaluating NRC 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 NRC Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NRC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NRC Group Stock history
NRC 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 NRC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NRC Group ASA 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 NRC Group stock prices may prove useful in developing a viable investing in NRC Group
NRC Group ASA, together with its subsidiaries, engages in the infrastructure business in Norway, Sweden, and Finland. The company was formerly known as Blom ASA and changed its name to NRC Group ASA in May 2015. NRC GROUP operates under Business Services classification in Norway and is traded on Oslo Stock Exchange. It employs 2489 people.
NRC Group Stock Technical Analysis
NRC 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.
Price Boundaries
NRC Group Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
NRC Group ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo 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.
NRC Group December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how NRC 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 NRC Group shares will generate the highest return on investment. By undertsting and applying NRC Group stock market strength indicators, traders can identify NRC Group ASA entry and exit signals to maximize returns
NRC Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NRC Group's price direction in advance. Along with the technical and fundamental analysis of NRC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NRC 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 | 0.0956 | |||
| Jensen Alpha | 0.4169 | |||
| Total Risk Alpha | 0.212 | |||
| Sortino Ratio | 0.0929 | |||
| Treynor Ratio | 1.6 |
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Other Information on Investing in NRC Stock
NRC Group financial ratios help investors to determine whether NRC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NRC with respect to the benefits of owning NRC Group security.