Nokian Renkaat (Germany) Price History
NRE Stock | EUR 7.38 0.08 1.10% |
If you're considering investing in Nokian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nokian Renkaat stands at 7.38, as last reported on the 5th of December, with the highest price reaching 7.38 and the lowest price hitting 7.23 during the day. Nokian Renkaat Oyj has Sharpe Ratio of -0.0982, which conveys that the firm had a -0.0982% return per unit of risk over the last 3 months. Nokian Renkaat exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nokian Renkaat's Risk Adjusted Performance of (0.09), mean deviation of 1.21, and Standard Deviation of 1.58 to check out the risk estimate we provide.
Nokian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nokian |
Sharpe Ratio = -0.0982
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Estimated Market Risk
1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nokian Renkaat 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 Nokian Renkaat by adding Nokian Renkaat to a well-diversified portfolio.
Nokian Renkaat Stock Price History Chart
There are several ways to analyze Nokian Stock price data. The simplest method is using a basic Nokian candlestick price chart, which shows Nokian Renkaat price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 1, 2024 | 8.6 |
Lowest Price | November 27, 2024 | 7.14 |
Nokian Renkaat December 5, 2024 Stock Price Synopsis
Various analyses of Nokian Renkaat's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Nokian Stock. It can be used to describe the percentage change in the price of Nokian Renkaat from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Nokian Stock.Nokian Renkaat Price Rate Of Daily Change | 1.01 | |
Nokian Renkaat Price Daily Balance Of Power | 0.53 | |
Nokian Renkaat Accumulation Distribution | 0.30 | |
Nokian Renkaat Price Action Indicator | 0.11 | |
Nokian Renkaat Market Facilitation Index | 0.01 |
Nokian Renkaat December 5, 2024 Stock Price Analysis
Nokian Stock Price History Data
The price series of Nokian Renkaat for the period between Fri, Sep 6, 2024 and Thu, Dec 5, 2024 has a statistical range of 1.46 with a coefficient of variation of 4.91. The daily prices for the period are spread out with arithmetic mean of 7.98. The median price for the last 90 days is 8.13. The company issued dividends to stockholders on 2022-11-02.Open | High | Low | Close | Volume | ||
12/04/2024 | 7.23 | 7.38 | 7.23 | 7.38 | 15.00 | |
12/03/2024 | 7.30 | 7.30 | 7.30 | 7.30 | 500.00 | |
12/02/2024 | 7.33 | 7.33 | 7.33 | 7.33 | 500.00 | |
11/29/2024 | 7.40 | 7.40 | 7.40 | 7.40 | 500.00 | |
11/28/2024 | 7.33 | 7.33 | 7.33 | 7.33 | 500.00 | |
11/27/2024 | 7.19 | 7.19 | 7.14 | 7.14 | 500.00 | |
11/26/2024 | 7.51 | 7.51 | 7.51 | 7.51 | 1.00 | |
11/25/2024 | 7.44 | 7.44 | 7.44 | 7.44 | 1.00 | |
11/22/2024 | 7.35 | 7.35 | 7.35 | 7.35 | 1.00 | |
11/21/2024 | 7.35 | 7.35 | 7.35 | 7.35 | 1.00 | |
11/20/2024 | 7.40 | 7.40 | 7.40 | 7.40 | 1.00 | |
11/19/2024 | 7.49 | 7.49 | 7.49 | 7.49 | 1.00 | |
11/18/2024 | 7.53 | 7.53 | 7.53 | 7.53 | 1.00 | |
11/15/2024 | 7.56 | 7.56 | 7.56 | 7.56 | 1.00 | |
11/14/2024 | 7.53 | 7.53 | 7.53 | 7.53 | 1.00 | |
11/13/2024 | 7.53 | 7.53 | 7.53 | 7.53 | 205.00 | |
11/12/2024 | 7.64 | 7.64 | 7.64 | 7.64 | 1.00 | |
11/11/2024 | 7.67 | 7.67 | 7.67 | 7.67 | 300.00 | |
11/08/2024 | 7.62 | 7.62 | 7.62 | 7.62 | 400.00 | |
11/07/2024 | 7.47 | 7.47 | 7.47 | 7.47 | 155.00 | |
11/06/2024 | 7.71 | 7.71 | 7.71 | 7.71 | 200.00 | |
11/05/2024 | 7.79 | 7.79 | 7.79 | 7.79 | 550.00 | |
11/04/2024 | 7.81 | 7.81 | 7.81 | 7.81 | 1.00 | |
11/01/2024 | 7.59 | 7.59 | 7.59 | 7.59 | 125.00 | |
10/31/2024 | 7.88 | 7.88 | 7.88 | 7.88 | 1,410 | |
10/30/2024 | 7.96 | 7.96 | 7.96 | 7.96 | 4,626 | |
10/29/2024 | 8.10 | 8.10 | 8.10 | 8.10 | 1.00 | |
10/28/2024 | 7.98 | 7.98 | 7.98 | 7.98 | 1.00 | |
10/25/2024 | 8.06 | 8.06 | 8.06 | 8.06 | 1.00 | |
10/24/2024 | 8.11 | 8.11 | 8.11 | 8.11 | 1.00 | |
10/23/2024 | 8.32 | 8.32 | 8.32 | 8.32 | 1.00 | |
10/22/2024 | 8.39 | 8.39 | 8.39 | 8.39 | 1.00 | |
10/21/2024 | 8.31 | 8.31 | 8.31 | 8.31 | 1.00 | |
10/18/2024 | 8.19 | 8.19 | 8.19 | 8.19 | 1.00 | |
10/17/2024 | 8.19 | 8.19 | 8.19 | 8.19 | 1.00 | |
10/16/2024 | 8.10 | 8.10 | 8.10 | 8.10 | 1.00 | |
10/15/2024 | 8.20 | 8.20 | 8.20 | 8.20 | 1.00 | |
10/14/2024 | 8.20 | 8.20 | 8.20 | 8.20 | 160.00 | |
10/11/2024 | 8.23 | 8.23 | 8.23 | 8.23 | 1.00 | |
10/10/2024 | 8.41 | 8.41 | 8.41 | 8.41 | 1.00 | |
10/09/2024 | 8.18 | 8.18 | 8.18 | 8.18 | 1.00 | |
10/08/2024 | 8.13 | 8.13 | 8.13 | 8.13 | 1.00 | |
10/07/2024 | 8.20 | 8.20 | 8.20 | 8.20 | 1.00 | |
10/04/2024 | 8.08 | 8.08 | 8.08 | 8.08 | 1.00 | |
10/03/2024 | 8.20 | 8.20 | 8.20 | 8.20 | 1.00 | |
10/02/2024 | 8.41 | 8.41 | 8.41 | 8.41 | 1.00 | |
10/01/2024 | 8.60 | 8.60 | 8.60 | 8.60 | 1.00 | |
09/30/2024 | 8.59 | 8.59 | 8.59 | 8.59 | 1.00 | |
09/27/2024 | 8.45 | 8.45 | 8.45 | 8.45 | 1.00 | |
09/26/2024 | 8.42 | 8.55 | 8.42 | 8.55 | 181.00 | |
09/25/2024 | 8.36 | 8.36 | 8.36 | 8.36 | 1.00 | |
09/24/2024 | 8.22 | 8.22 | 8.22 | 8.22 | 1.00 | |
09/23/2024 | 8.28 | 8.28 | 8.28 | 8.28 | 1.00 | |
09/20/2024 | 8.40 | 8.40 | 8.40 | 8.40 | 1.00 | |
09/19/2024 | 8.37 | 8.37 | 8.37 | 8.37 | 1.00 | |
09/18/2024 | 8.31 | 8.33 | 8.21 | 8.33 | 1,205 | |
09/17/2024 | 8.07 | 8.07 | 8.07 | 8.07 | 1.00 | |
09/16/2024 | 8.13 | 8.13 | 8.13 | 8.13 | 1.00 | |
09/13/2024 | 7.99 | 8.14 | 7.99 | 8.14 | 103.00 | |
09/12/2024 | 8.07 | 8.16 | 8.07 | 8.16 | 1,150 | |
09/11/2024 | 8.14 | 8.14 | 8.14 | 8.14 | 1.00 |
About Nokian Renkaat Stock history
Nokian Renkaat 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 Nokian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nokian Renkaat Oyj 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 Nokian Renkaat stock prices may prove useful in developing a viable investing in Nokian Renkaat
Nokian Renkaat Oyj develops and manufactures tires in Finland, Sweden, Norway, Russia, the rest of Europe, North America, and internationally. The company was founded in 1898 and is headquartered in Nokia, Finland. NOKIAN RENKAAT operates under Rubber Plastics classification in Germany and is traded on Frankfurt Stock Exchange. It employs 4880 people.
Nokian Renkaat Stock Technical Analysis
Nokian Renkaat 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.
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Nokian Renkaat Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nokian Renkaat's price direction in advance. Along with the technical and fundamental analysis of Nokian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nokian 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 | (0.09) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.51) | |||
Treynor Ratio | 1.08 |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Nokian Stock analysis
When running Nokian Renkaat's price analysis, check to measure Nokian Renkaat'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 Nokian Renkaat is operating at the current time. Most of Nokian Renkaat's value examination focuses on studying past and present price action to predict the probability of Nokian Renkaat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nokian Renkaat's price. Additionally, you may evaluate how the addition of Nokian Renkaat to your portfolios can decrease your overall portfolio volatility.
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