Nordex SE (Germany) Price on May 23, 2023

NDX1 Stock   11.29  0.42  3.59%   
If you're considering investing in Nordex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nordex SE stands at 11.29, as last reported on the 11th of December 2024, with the highest price reaching 11.58 and the lowest price hitting 11.26 during the day. Nordex SE has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Nordex SE exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nordex SE's Standard Deviation of 2.53, risk adjusted performance of (0.07), and Mean Deviation of 1.9 to check out the risk estimate we provide.
  
Nordex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1295

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Estimated Market Risk

 2.55
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.33
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nordex SE 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 Nordex SE by adding Nordex SE to a well-diversified portfolio.

Nordex SE Valuation on May 23, 2023

It is possible to determine the worth of Nordex SE on a given historical date. On May 23, 2023 Nordex was worth 11.57 at the beginning of the trading date compared to the closed value of 11.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nordex SE stock. Still, in general, we apply an absolute valuation method to find Nordex SE'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 Nordex SE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nordex SE's related companies.
 Open High Low Close Volume
  11.63    11.65    11.33    11.59    518,149  
05/23/2023
  11.57    11.69    11.44    11.59    470,586  
  11.49    11.50    11.24    11.30    333,165  
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Open Value
11.57
11.59
Closing Value
19.21
Upside

Nordex SE Trading Date Momentum on May 23, 2023

On May 24 2023 Nordex SE was traded for  11.30  at the closing time. The highest price during the trading period was 11.50  and the lowest recorded bid was listed for  11.24 . The volume for the day was 333.2 K. This history from May 24, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.50% . The trading delta at closing time to the current price is 1.38% .

Nordex SE Fundamentals Correlations and Trends

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

About Nordex SE Stock history

Nordex SE 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 Nordex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nordex SE 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 Nordex SE stock prices may prove useful in developing a viable investing in Nordex SE

Nordex SE Stock Technical Analysis

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

Nordex SE Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nordex SE cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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.

Nordex SE December 11, 2024 Market Strength

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

Nordex SE Technical and Predictive Indicators

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

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