Northbaze Group (Sweden) Price on November 21, 2024
| NBZ Stock | SEK 0.15 0.07 31.82% |
If you're considering investing in Northbaze Stock, it is important to understand the factors that can impact its price. As of today, the current price of Northbaze Group stands at 0.15, as last reported on the 29th of November, with the highest price reaching 0.15 and the lowest price hitting 0.14 during the day. Northbaze Group AB has Sharpe Ratio of -0.0148, which conveys that the firm had a -0.0148% return per unit of risk over the last 3 months. Northbaze Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Northbaze Group's Standard Deviation of 14.12, risk adjusted performance of 0.0073, and Mean Deviation of 8.89 to check out the risk estimate we provide.
Northbaze Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Northbaze |
Sharpe Ratio = -0.0148
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Estimated Market Risk
| 13.72 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Northbaze 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 Northbaze Group by adding Northbaze Group to a well-diversified portfolio.
Northbaze Group Valuation on November 21, 2024
It is possible to determine the worth of Northbaze Group on a given historical date. On November 21, 2024 Northbaze was worth 0.23 at the beginning of the trading date compared to the closed value of 0.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northbaze Group stock. Still, in general, we apply an absolute valuation method to find Northbaze 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 Northbaze Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northbaze Group's related companies.
| Open | High | Low | Close | Volume | |
| 0.16 | 0.16 | 0.16 | 0.16 | 49,800 | |
11/21/2024 | 0.23 | 0.23 | 0.22 | 0.22 | 316,020 |
| 0.18 | 0.22 | 0.18 | 0.22 | 42,610 |
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Northbaze Group Trading Date Momentum on November 21, 2024
| On November 22 2024 Northbaze Group AB was traded for 0.22 at the closing time. The maximum traded price for the trading interval was 0.22 and the lowest daily price was 0.18 . The daily volume was recorded at 42.6 K. The volume of trading on 22nd of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 31.82% . |
Northbaze Group AB Fundamentals Correlations and Trends
By evaluating Northbaze 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 Northbaze Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northbaze financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Northbaze Group Stock history
Northbaze 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 Northbaze is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northbaze 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 Northbaze Group stock prices may prove useful in developing a viable investing in Northbaze Group
Northbaze Group AB designs, develops, and produces earphones and equipment for portable media players worldwide. Northbaze Group AB was founded in 2006 and is headquartered in Stockholm, Sweden. Northbaze Group is traded on Stockholm Stock Exchange in Sweden.
Northbaze Group Stock Technical Analysis
Northbaze 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
Northbaze Group Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Northbaze 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.
Northbaze Group November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Northbaze 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 Northbaze Group shares will generate the highest return on investment. By undertsting and applying Northbaze Group stock market strength indicators, traders can identify Northbaze Group AB entry and exit signals to maximize returns
Northbaze Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northbaze Group's price direction in advance. Along with the technical and fundamental analysis of Northbaze Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northbaze 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 | 0.0073 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (2.18) | |||
| Treynor Ratio | (1.76) |
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Additional Tools for Northbaze Stock Analysis
When running Northbaze Group's price analysis, check to measure Northbaze 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 Northbaze Group is operating at the current time. Most of Northbaze Group's value examination focuses on studying past and present price action to predict the probability of Northbaze 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 Northbaze Group's price. Additionally, you may evaluate how the addition of Northbaze Group to your portfolios can decrease your overall portfolio volatility.