Nib Holdings (Germany) Price on March 18, 2024
| 3GU Stock | EUR 3.32 0.04 1.22% |
If you're considering investing in Nib Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nib Holdings stands at 3.32, as last reported on the 15th of December 2024, with the highest price reaching 3.32 and the lowest price hitting 3.32 during the day. At this point, Nib Holdings is slightly risky. nib holdings limited has Sharpe Ratio of 0.0141, which conveys that the firm had a 0.0141% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Nib Holdings, which you can use to evaluate the volatility of the firm. Please verify Nib Holdings' Market Risk Adjusted Performance of (0.02), risk adjusted performance of 0.003, and Standard Deviation of 1.94 to check out if the risk estimate we provide is consistent with the expected return of 0.0271%.
Nib Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nib |
Sharpe Ratio = 0.0141
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3GU |
Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Nib Holdings is performing at about 1% 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 Nib Holdings by adding it to a well-diversified portfolio.
Nib Holdings Valuation on March 18, 2024
It is possible to determine the worth of Nib Holdings on a given historical date. On March 18, 2024 Nib was worth 4.46 at the beginning of the trading date compared to the closed value of 4.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nib Holdings stock. Still, in general, we apply an absolute valuation method to find Nib Holdings' 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 Nib Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nib Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 4.52 | 4.52 | 4.52 | 4.52 | 1.00 | |
03/18/2024 | 4.46 | 4.46 | 4.46 | 4.46 | 1.00 |
| 4.38 | 4.38 | 4.38 | 4.38 | 1.00 |
| Backtest Nib Holdings | | | Nib Holdings History | | | Nib Holdings Valuation | Previous | Next |
Nib Holdings Trading Date Momentum on March 18, 2024
| On March 19 2024 nib holdings limited was traded for 4.38 at the closing time. The highest daily price throughout the period was 4.38 and the lowest price was 4.38 . There was no trading activity during the period 1.0. Lack of trading volume on 03/19/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 1.79% . The trading date delta to current closing price is 0.45% . |
nib holdings limited Fundamentals Correlations and Trends
By evaluating Nib Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nib Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nib financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nib Holdings Stock history
Nib Holdings 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 Nib is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in nib holdings limited 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 Nib Holdings stock prices may prove useful in developing a viable investing in Nib Holdings
nib holdings limited, together with its subsidiaries, provides health insurance services to residents, and international students and visitors in Australia, New Zealand, and internationally. The company offers health insurance products, including single, couples, and family health insurance life insurance travel insurance and funeral and income protection insurance services, as well as health insurance for international workers. nib holdings limited was founded in 1952 and is headquartered in Newcastle, Australia. NIB HLDGS operates under Insurance - Specialty classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1300 people.
Nib Holdings Stock Technical Analysis
Nib Holdings 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
Nib Holdings Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
nib holdings limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Nib Holdings December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Nib Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nib Holdings shares will generate the highest return on investment. By undertsting and applying Nib Holdings stock market strength indicators, traders can identify nib holdings limited entry and exit signals to maximize returns
Nib Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nib Holdings' price direction in advance. Along with the technical and fundamental analysis of Nib Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nib 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 | 0.003 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.03) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Nib Stock analysis
When running Nib Holdings' price analysis, check to measure Nib Holdings' 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 Nib Holdings is operating at the current time. Most of Nib Holdings' value examination focuses on studying past and present price action to predict the probability of Nib Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nib Holdings' price. Additionally, you may evaluate how the addition of Nib Holdings to your portfolios can decrease your overall portfolio volatility.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |