NKT A/S (Germany) Price on October 7, 2024
NKT Stock | EUR 73.00 0.70 0.95% |
If you're considering investing in NKT Stock, it is important to understand the factors that can impact its price. As of today, the current price of NKT A/S stands at 73.00, as last reported on the 2nd of December, with the highest price reaching 74.15 and the lowest price hitting 72.05 during the day. NKT A/S has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of standard deviation over the last 3 months. NKT A/S exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NKT A/S's Market Risk Adjusted Performance of (2.06), risk adjusted performance of (0.08), and Mean Deviation of 1.52 to check out the risk estimate we provide.
NKT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NKT |
Sharpe Ratio = -0.1114
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Estimated Market Risk
2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NKT A/S 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 NKT A/S by adding NKT A/S to a well-diversified portfolio.
NKT A/S Valuation on October 7, 2024
It is possible to determine the worth of NKT A/S on a given historical date. On October 7, 2024 NKT was worth 83.85 at the beginning of the trading date compared to the closed value of 83.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NKT A/S stock. Still, in general, we apply an absolute valuation method to find NKT A/S'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 NKT A/S where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NKT A/S's related companies.
Open | High | Low | Close | Volume | |
84.60 | 84.60 | 84.60 | 84.60 | 50.00 | |
10/07/2024 | 83.85 | 83.85 | 83.85 | 83.85 | 50.00 |
83.20 | 83.20 | 83.20 | 83.20 | 50.00 |
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NKT A/S Trading Date Momentum on October 7, 2024
On October 08 2024 NKT AS was traded for 83.20 at the closing time. The highest daily price throughout the period was 83.20 and the lowest price was 83.20 . The daily volume was 50.0. The net trading volume on 10/08/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.78% . The trading delta at closing time to current closing price is 2.92% . |
NKT A/S Fundamentals Correlations and Trends
By evaluating NKT A/S'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 NKT A/S's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NKT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NKT A/S Stock history
NKT A/S 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 NKT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NKT A/S 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 NKT A/S stock prices may prove useful in developing a viable investing in NKT A/S
NKT AS develops, manufactures, and markets cables, accessories, and solutions worldwide. NKT AS was founded in 1891 and is headquartered in Brndby, Denmark. NKT AS is traded on Frankfurt Stock Exchange in Germany.
NKT A/S Stock Technical Analysis
NKT A/S 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
NKT A/S Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
NKT AS cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
NKT A/S December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how NKT A/S stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NKT A/S shares will generate the highest return on investment. By undertsting and applying NKT A/S stock market strength indicators, traders can identify NKT AS entry and exit signals to maximize returns
NKT A/S Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NKT A/S's price direction in advance. Along with the technical and fundamental analysis of NKT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NKT 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 | (0.08) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.58) | |||
Treynor Ratio | (2.07) |
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Volume Indicators |
Complementary Tools for NKT Stock analysis
When running NKT A/S's price analysis, check to measure NKT A/S'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 NKT A/S is operating at the current time. Most of NKT A/S's value examination focuses on studying past and present price action to predict the probability of NKT A/S's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NKT A/S's price. Additionally, you may evaluate how the addition of NKT A/S to your portfolios can decrease your overall portfolio volatility.
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