Nibe Industrier Ab Stock Price on May 8, 2023

NDRBF Stock  USD 4.29  0.58  11.91%   
If you're considering investing in NIBE Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of NIBE Industrier stands at 4.29, as last reported on the 29th of November, with the highest price reaching 4.29 and the lowest price hitting 4.29 during the day. NIBE Industrier AB retains Efficiency (Sharpe Ratio) of -0.039, which conveys that the firm had a -0.039% return per unit of risk over the last 3 months. NIBE Industrier exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NIBE Industrier's Market Risk Adjusted Performance of 2.97, mean deviation of 0.8519, and Coefficient Of Variation of (2,626) to check out the risk estimate we provide.
  
NIBE Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.039

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Estimated Market Risk

 3.51
  actual daily
31
69% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average NIBE Industrier 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 NIBE Industrier by adding NIBE Industrier to a well-diversified portfolio.

NIBE Industrier Valuation on May 8, 2023

It is possible to determine the worth of NIBE Industrier on a given historical date. On May 8, 2023 NIBE was worth 11.12 at the beginning of the trading date compared to the closed value of 11.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NIBE Industrier pink sheet. Still, in general, we apply an absolute valuation method to find NIBE Industrier'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 NIBE Industrier where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NIBE Industrier's related companies.
 Open High Low Close Volume
  11.12    11.12    11.12    11.12    1,700  
05/08/2023
  11.12    11.12    11.12    11.12    1.00  
  11.12    11.12    11.12    11.12    1.00  
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Open Value
11.12
11.12
Closing Value
21.65
Upside

NIBE Industrier Trading Date Momentum on May 8, 2023

On May 09 2023 NIBE Industrier AB was traded for  11.12  at the closing time. The highest daily price throughout the period was 11.12  and the lowest price was  11.12 . There was no trading activity during the period 1.0. Lack of trading volume on 05/09/2023 did not cause price change. The trading delta at closing time to current closing price is 0.18% .

NIBE Industrier AB Fundamentals Correlations and Trends

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

About NIBE Industrier Pink Sheet history

NIBE Industrier 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 NIBE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NIBE Industrier 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 NIBE Industrier stock prices may prove useful in developing a viable investing in NIBE Industrier
NIBE Industrier AB , together with its subsidiaries, develops, manufactures, markets, and sells various energy-efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control in Nordic countries, rest of Europe, North America, and internationally. NIBE Industrier AB was founded in 1949 and is headquartered in Markaryd, Sweden. NIBE INDUSTRIER is traded on OTC Exchange in the United States.

NIBE Industrier Pink Sheet Technical Analysis

NIBE Industrier 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 NIBE Industrier technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NIBE Industrier 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

NIBE Industrier Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

NIBE Industrier AB 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.

NIBE Industrier November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how NIBE Industrier 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 NIBE Industrier shares will generate the highest return on investment. By undertsting and applying NIBE Industrier pink sheet market strength indicators, traders can identify NIBE Industrier AB entry and exit signals to maximize returns

NIBE Industrier Technical and Predictive Indicators

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

When running NIBE Industrier's price analysis, check to measure NIBE Industrier'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 NIBE Industrier is operating at the current time. Most of NIBE Industrier's value examination focuses on studying past and present price action to predict the probability of NIBE Industrier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NIBE Industrier's price. Additionally, you may evaluate how the addition of NIBE Industrier to your portfolios can decrease your overall portfolio volatility.
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