Nicolas Correa (Spain) Price on August 11, 2023
| NEA Stock | EUR 7.16 0.14 1.99% |
If you're considering investing in Nicolas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nicolas Correa stands at 7.16, as last reported on the 27th of November, with the highest price reaching 7.16 and the lowest price hitting 7.02 during the day. At this point, Nicolas Correa is not too volatile. Nicolas Correa SA has Sharpe Ratio of 0.0584, which conveys that the firm had a 0.0584% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nicolas Correa, which you can use to evaluate the volatility of the firm. Please verify Nicolas Correa's Risk Adjusted Performance of 0.0561, mean deviation of 1.05, and Downside Deviation of 1.55 to check out if the risk estimate we provide is consistent with the expected return of 0.0795%.
Nicolas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nicolas |
Sharpe Ratio = 0.0584
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Estimated Market Risk
| 1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Nicolas Correa is performing at about 4% 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 Nicolas Correa by adding it to a well-diversified portfolio.
Nicolas Correa Valuation on August 11, 2023
It is possible to determine the worth of Nicolas Correa on a given historical date. On August 11, 2023 Nicolas was worth 5.67 at the beginning of the trading date compared to the closed value of 5.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nicolas Correa stock. Still, in general, we apply an absolute valuation method to find Nicolas Correa'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 Nicolas Correa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nicolas Correa's related companies.
| Open | High | Low | Close | Volume | |
| 5.67 | 5.67 | 5.67 | 5.67 | 1,750 | |
08/11/2023 | 5.67 | 5.77 | 5.57 | 5.57 | 3,260 |
| 5.62 | 5.62 | 5.57 | 5.57 | 2,315 |
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Nicolas Correa Trading Date Momentum on August 11, 2023
| On August 16 2023 Nicolas Correa SA was traded for 5.57 at the closing time. The maximum traded price for the trading interval was 5.62 and the lowest daily price was 5.57 . The daily volume was recorded at 2.3 K. The volume of trading on 16th of August 2023 did not cause price change. The trading delta at closing time to the closing price today is 0.90% . |
Nicolas Correa SA Fundamentals Correlations and Trends
By evaluating Nicolas Correa'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 Nicolas Correa's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nicolas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nicolas Correa Stock history
Nicolas Correa 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 Nicolas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nicolas Correa SA 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 Nicolas Correa stock prices may prove useful in developing a viable investing in Nicolas Correa
Nicols Correa, S.A. designs, manufactures, and sells milling machines worldwide. Nicols Correa, S.A. was founded in 1947 and is based in Burgos, Spain. NICOLAS CORREA operates under Diversified Industrials classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 350 people.
Nicolas Correa Stock Technical Analysis
Nicolas Correa 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
Nicolas Correa Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Nicolas Correa SA cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
Nicolas Correa November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nicolas Correa stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nicolas Correa shares will generate the highest return on investment. By undertsting and applying Nicolas Correa stock market strength indicators, traders can identify Nicolas Correa SA entry and exit signals to maximize returns
Nicolas Correa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nicolas Correa's price direction in advance. Along with the technical and fundamental analysis of Nicolas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nicolas 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 | 0.0561 | |||
| Jensen Alpha | 0.1037 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.45) |
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Complementary Tools for Nicolas Stock analysis
When running Nicolas Correa's price analysis, check to measure Nicolas Correa'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 Nicolas Correa is operating at the current time. Most of Nicolas Correa's value examination focuses on studying past and present price action to predict the probability of Nicolas Correa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nicolas Correa's price. Additionally, you may evaluate how the addition of Nicolas Correa to your portfolios can decrease your overall portfolio volatility.
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