Nbi Sustainable Canadian Etf Price on October 23, 2024

NSCB Etf  CAD 22.95  0.07  0.31%   
Below is the normalized historical share price chart for NBI Sustainable Canadian extending back to July 09, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of NBI Sustainable stands at 22.95, as last reported on the 15th of December 2024, with the highest price reaching 22.95 and the lowest price hitting 22.95 during the day.
200 Day MA
22.2914
50 Day MA
22.6387
Beta
1.01
 
Covid
If you're considering investing in NBI Etf, it is important to understand the factors that can impact its price. As of now, NBI Etf is very steady. NBI Sustainable Canadian has Sharpe Ratio of 0.0355, which conveys that the etf had a 0.0355% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for NBI Sustainable, which you can use to evaluate the volatility of the entity. Please verify NBI Sustainable's Market Risk Adjusted Performance of 0.0821, downside deviation of 0.3797, and Mean Deviation of 0.2581 to check out if the risk estimate we provide is consistent with the expected return of 0.0135%.
  
NBI Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0355

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Estimated Market Risk

 0.38
  actual daily
3
97% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
2
98% of assets perform better
Based on monthly moving average NBI Sustainable is performing at about 2% 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 NBI Sustainable by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

NBI Sustainable Valuation on October 23, 2024

It is possible to determine the worth of NBI Sustainable on a given historical date. On October 23, 2024 NBI was worth 22.41 at the beginning of the trading date compared to the closed value of 22.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NBI Sustainable etf. Still, in general, we apply an absolute valuation method to find NBI Sustainable'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 NBI Sustainable where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NBI Sustainable's related companies.
 Open High Low Close Volume
  22.45    22.46    22.41    22.41    1,200  
10/23/2024
  22.41    22.45    22.36    22.45    1,000.00  
  22.46    22.46    22.46    22.46    400.00  
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Open Value
22.41
22.45
Closing Value
23.55
Upside

NBI Sustainable Trading Date Momentum on October 23, 2024

On October 24 2024 NBI Sustainable Canadian was traded for  22.46  at the closing time. The highest price during the trading period was 22.46  and the lowest recorded bid was listed for  22.46 . The volume for the day was 400. This history from October 24, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.04% . The trading delta at closing time to the current price is 0.31% .

NBI Sustainable Canadian Fundamentals Correlations and Trends

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

About NBI Sustainable Etf history

NBI Sustainable 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 NBI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NBI Sustainable Canadian 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 NBI Sustainable stock prices may prove useful in developing a viable investing in NBI Sustainable

NBI Sustainable Etf Technical Analysis

NBI Sustainable technical etf 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, etf market cycles, or different charting patterns.
A focus of NBI Sustainable technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NBI Sustainable 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

NBI Sustainable Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

NBI Sustainable Canadian cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

NBI Sustainable December 15, 2024 Market Strength

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

NBI Sustainable Technical and Predictive Indicators

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

Other Information on Investing in NBI Etf

NBI Sustainable financial ratios help investors to determine whether NBI Etf 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 NBI with respect to the benefits of owning NBI Sustainable security.