Nederman Holding (Sweden) Price on April 27, 2023
| NMAN Stock | SEK 216.50 3.00 1.37% |
If you're considering investing in Nederman Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nederman Holding stands at 216.50, as last reported on the 25th of November, with the highest price reaching 222.00 and the lowest price hitting 215.50 during the day. Currently, Nederman Holding AB is very steady. Nederman Holding has Sharpe Ratio of 0.0522, which conveys that the firm had a 0.0522% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nederman Holding, which you can use to evaluate the volatility of the firm. Please verify Nederman Holding's Downside Deviation of 2.57, mean deviation of 1.67, and Risk Adjusted Performance of 0.0473 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Nederman Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nederman |
Sharpe Ratio = 0.0522
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Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Nederman Holding 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 Nederman Holding by adding it to a well-diversified portfolio.
Nederman Holding Valuation on April 27, 2023
It is possible to determine the worth of Nederman Holding on a given historical date. On April 27, 2023 Nederman was worth 191.34 at the beginning of the trading date compared to the closed value of 184.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nederman Holding stock. Still, in general, we apply an absolute valuation method to find Nederman Holding'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 Nederman Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nederman Holding's related companies.
| Open | High | Low | Close | Volume | |
| 188.89 | 191.83 | 188.40 | 190.36 | 3,107 | |
04/27/2023 | 191.34 | 191.34 | 183.02 | 184.49 | 1,592 |
| 185.96 | 192.32 | 185.96 | 191.34 | 2,325 |
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Nederman Holding Trading Date Momentum on April 27, 2023
| On April 28 2023 Nederman Holding AB was traded for 191.34 at the closing time. The highest price during the trading period was 192.32 and the lowest recorded bid was listed for 185.96 . The volume for the day was 2.3 K. This history from April 28, 2023 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 3.71% . The trading delta at closing time to the current price is 12.47% . |
Nederman Holding Fundamentals Correlations and Trends
By evaluating Nederman Holding'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 Nederman Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nederman financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nederman Holding Stock history
Nederman Holding 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 Nederman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nederman Holding 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 Nederman Holding stock prices may prove useful in developing a viable investing in Nederman Holding
Nederman Holding AB operates as an environmental technology company in North and South America, Europe, the Middle East, Africa, Asia, and Oceania. Nederman Holding AB was founded in 1944 and is headquartered in Helsingborg, Sweden. Nederman Holding operates under Industrial Equipment And Light Machinery classification in Sweden and is traded on Stockholm Stock Exchange. It employs 2293 people.
Nederman Holding Stock Technical Analysis
Nederman Holding 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
Nederman Holding Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Nederman Holding AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Nederman Holding November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Nederman Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nederman Holding shares will generate the highest return on investment. By undertsting and applying Nederman Holding stock market strength indicators, traders can identify Nederman Holding AB entry and exit signals to maximize returns
Nederman Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nederman Holding's price direction in advance. Along with the technical and fundamental analysis of Nederman Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nederman 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 | 0.0473 | |||
| Jensen Alpha | 0.1544 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.27) |
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Additional Tools for Nederman Stock Analysis
When running Nederman Holding's price analysis, check to measure Nederman Holding'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 Nederman Holding is operating at the current time. Most of Nederman Holding's value examination focuses on studying past and present price action to predict the probability of Nederman Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nederman Holding's price. Additionally, you may evaluate how the addition of Nederman Holding to your portfolios can decrease your overall portfolio volatility.