Nimbus Group (Sweden) Price on October 24, 2024
| BOAT Stock | SEK 16.25 0.15 0.93% |
If you're considering investing in Nimbus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nimbus Group stands at 16.25, as last reported on the 27th of November, with the highest price reaching 16.30 and the lowest price hitting 16.10 during the day. Nimbus Group AB has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of risk over the last 3 months. Nimbus Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nimbus Group's Standard Deviation of 2.81, mean deviation of 1.96, and Risk Adjusted Performance of (0.13) to check out the risk estimate we provide.
Nimbus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nimbus |
Sharpe Ratio = -0.1684
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Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nimbus Group 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 Nimbus Group by adding Nimbus Group to a well-diversified portfolio.
Nimbus Group Valuation on October 24, 2024
It is possible to determine the worth of Nimbus Group on a given historical date. On October 24, 2024 Nimbus was worth 20.1 at the beginning of the trading date compared to the closed value of 19.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nimbus Group stock. Still, in general, we apply an absolute valuation method to find Nimbus 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 Nimbus Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nimbus Group's related companies.
| Open | High | Low | Close | Volume | |
| 19.65 | 20.30 | 19.60 | 20.10 | 3,132 | |
10/24/2024 | 20.10 | 20.60 | 19.20 | 19.20 | 34,485 |
| 17.95 | 18.95 | 17.05 | 18.65 | 125,812 |
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Nimbus Group Trading Date Momentum on October 24, 2024
| On October 25 2024 Nimbus Group AB was traded for 18.65 at the closing time. The highest price during the trading period was 18.95 and the lowest recorded bid was listed for 17.05 . The volume for the day was 125.8 K. This history from October 25, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.86% . The trading delta at closing time to the current price is 6.77% . |
Nimbus Group AB Fundamentals Correlations and Trends
By evaluating Nimbus 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 Nimbus Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nimbus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nimbus Group Stock history
Nimbus 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 Nimbus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nimbus Group AB 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 Nimbus Group stock prices may prove useful in developing a viable investing in Nimbus Group
Nimbus Group AB designs, manufactures, and markets recreational motorboats worldwide. The company was founded in 1968 and is based in Gothenburg, Sweden. Nimbus Group operates under Leisure classification in Sweden and is traded on Stockholm Stock Exchange. It employs 357 people.
Nimbus Group Stock Technical Analysis
Nimbus 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
Nimbus Group Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Nimbus Group AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Nimbus Group November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nimbus 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 Nimbus Group shares will generate the highest return on investment. By undertsting and applying Nimbus Group stock market strength indicators, traders can identify Nimbus Group AB entry and exit signals to maximize returns
Nimbus Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nimbus Group's price direction in advance. Along with the technical and fundamental analysis of Nimbus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nimbus 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 | (0.13) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | (0.95) |
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Additional Tools for Nimbus Stock Analysis
When running Nimbus Group's price analysis, check to measure Nimbus Group'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 Nimbus Group is operating at the current time. Most of Nimbus Group's value examination focuses on studying past and present price action to predict the probability of Nimbus Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nimbus Group's price. Additionally, you may evaluate how the addition of Nimbus Group to your portfolios can decrease your overall portfolio volatility.