Nedbank Group Limited Stock Price on November 22, 2024

NDBKF Stock  USD 16.92  0.00  0.00%   
If you're considering investing in Nedbank Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nedbank Group stands at 16.92, as last reported on the 2nd of December, with the highest price reaching 16.92 and the lowest price hitting 16.92 during the day. At this point, Nedbank Group is out of control. Nedbank Group Limited has Sharpe Ratio of 0.0392, which conveys that the firm had a 0.0392% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Nedbank Group, which you can use to evaluate the volatility of the firm. Please verify Nedbank Group's Mean Deviation of 0.5788, risk adjusted performance of 0.0365, and Standard Deviation of 2.22 to check out if the risk estimate we provide is consistent with the expected return of 0.0869%.
  
Nedbank Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0392

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Estimated Market Risk

 2.22
  actual daily
19
81% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Nedbank Group is performing at about 3% 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 Nedbank Group by adding it to a well-diversified portfolio.

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Nedbank Group Valuation on November 22, 2024

It is possible to determine the worth of Nedbank Group on a given historical date. On November 22, 2024 Nedbank was worth 16.92 at the beginning of the trading date compared to the closed value of 16.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nedbank Group pink sheet. Still, in general, we apply an absolute valuation method to find Nedbank 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 Nedbank Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nedbank Group's related companies.
 Open High Low Close Volume
  16.80    16.80    16.80    16.80    101.00  
11/22/2024
  16.92    16.92    16.92    16.92    217.00  
  16.92    16.92    16.92    16.92    41.00  
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Open Value
16.92
16.92
Closing Value
23.58
Upside

Nedbank Group Trading Date Momentum on November 22, 2024

On November 25 2024 Nedbank Group Limited was traded for  16.92  at the closing time. The highest daily price throughout the period was 16.92  and the lowest price was  16.92 . The daily volume was 41.0. The net trading volume on 11/25/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .

Nedbank Group Limited Fundamentals Correlations and Trends

By evaluating Nedbank 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 Nedbank Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nedbank financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nedbank Group Pink Sheet history

Nedbank 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 Nedbank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nedbank Group 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 Nedbank Group stock prices may prove useful in developing a viable investing in Nedbank Group
Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa and internationally. Nedbank Group Limited was founded in 1831 and is headquartered in Sandton, South Africa. Nedbank is traded on OTC Exchange in the United States.

Nedbank Group Pink Sheet Technical Analysis

Nedbank Group technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Nedbank Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nedbank Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nedbank Group Period Price Range

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December 2, 2024
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High

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Nedbank Group Limited cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Nedbank Group December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Nedbank Group pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nedbank Group shares will generate the highest return on investment. By undertsting and applying Nedbank Group pink sheet market strength indicators, traders can identify Nedbank Group Limited entry and exit signals to maximize returns

Nedbank Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nedbank Group's price direction in advance. Along with the technical and fundamental analysis of Nedbank Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nedbank 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.

Complementary Tools for Nedbank Pink Sheet analysis

When running Nedbank Group's price analysis, check to measure Nedbank 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 Nedbank Group is operating at the current time. Most of Nedbank Group's value examination focuses on studying past and present price action to predict the probability of Nedbank 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 Nedbank Group's price. Additionally, you may evaluate how the addition of Nedbank Group to your portfolios can decrease your overall portfolio volatility.
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