Nordea 2 (Ireland) Price on September 13, 2024
0P0001H55I | 258.87 2.10 0.82% |
If you're considering investing in Nordea Fund, it is important to understand the factors that can impact its price. As of today, the current price of Nordea 2 stands at 258.87, as last reported on the 17th of February 2025, with the highest price reaching 258.87 and the lowest price hitting 258.87 during the day. Nordea 2 is very steady at the moment. Nordea 2 has Sharpe Ratio of 0.0858, which conveys that the entity had a 0.0858 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nordea 2, which you can use to evaluate the volatility of the fund. Please verify Nordea 2's Mean Deviation of 0.6652, risk adjusted performance of 0.0117, and Downside Deviation of 1.06 to check out if the risk estimate we provide is consistent with the expected return of 0.0743%.
Nordea Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nordea |
Sharpe Ratio = 0.0858
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | 0P0001H55I | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Nordea 2 is performing at about 6% 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 Nordea 2 by adding it to a well-diversified portfolio.
Nordea 2 Valuation on September 13, 2024
It is possible to determine the worth of Nordea 2 on a given historical date. On September 13, 2024 Nordea was worth 240.92 at the beginning of the trading date compared to the closed value of 240.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nordea 2 fund. Still, in general, we apply an absolute valuation method to find Nordea 2'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 Nordea 2 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nordea 2's related companies.
Open | High | Low | Close | Volume | |
239.03 | 239.03 | 239.03 | 239.03 | 1.00 | |
09/13/2024 | 240.92 | 240.92 | 240.92 | 240.92 | 1.00 |
241.90 | 241.90 | 241.90 | 241.90 | 1.00 |
Backtest Nordea 2 | | | Nordea 2 History | Previous | Next |
Nordea 2 Trading Date Momentum on September 13, 2024
On September 16 2024 Nordea 2 was traded for 241.90 at the closing time. The highest price during the trading period was 241.90 and the lowest recorded bid was listed for 241.90 . There was no trading activity during the period 1.0. Lack of trading volume on September 16, 2024 contributed to the next trading day price growth. The daily price change to the next closing price was 0.41% . The trading delta at closing time to the current price is 1.31% . |
Price Boundaries
Nordea 2 Period Price Range
Low | February 17, 2025
| High |
0.00 | 0.00 |
Nordea 2 cannot be verified against its exchange. Please verify the symbol is currently traded on Irish 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.
Nordea 2 February 17, 2025 Market Strength
Market strength indicators help investors to evaluate how Nordea 2 fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nordea 2 shares will generate the highest return on investment. By undertsting and applying Nordea 2 fund market strength indicators, traders can identify Nordea 2 entry and exit signals to maximize returns
Nordea 2 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nordea 2's price direction in advance. Along with the technical and fundamental analysis of Nordea Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nordea 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 | 0.0117 | |||
Jensen Alpha | 0.0018 | |||
Total Risk Alpha | 8.0E-4 | |||
Sortino Ratio | 0.001 | |||
Treynor Ratio | 0.0067 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Global Correlations Find global opportunities by holding instruments from different markets |