Nobia AB (Sweden) Price on November 4, 2024
| NOBI Stock | SEK 3.77 0.07 1.89% |
If you're considering investing in Nobia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nobia AB stands at 3.77, as last reported on the 27th of November, with the highest price reaching 3.80 and the lowest price hitting 3.70 during the day. Nobia AB has Sharpe Ratio of -0.23, which conveys that the firm had a -0.23% return per unit of risk over the last 3 months. Nobia AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nobia AB's Standard Deviation of 3.08, mean deviation of 2.04, and Risk Adjusted Performance of (0.14) to check out the risk estimate we provide.
Nobia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nobia |
Sharpe Ratio = -0.2258
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Estimated Market Risk
| 2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.67 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nobia AB 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 Nobia AB by adding Nobia AB to a well-diversified portfolio.
Nobia AB Valuation on November 4, 2024
It is possible to determine the worth of Nobia AB on a given historical date. On November 4, 2024 Nobia was worth 5.14 at the beginning of the trading date compared to the closed value of 5.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nobia AB stock. Still, in general, we apply an absolute valuation method to find Nobia AB'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 Nobia AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nobia AB's related companies.
| Open | High | Low | Close | Volume | |
| 5.01 | 5.20 | 5.01 | 5.14 | 689,753 | |
11/04/2024 | 5.14 | 5.16 | 4.95 | 5.14 | 1,576,530 |
| 4.93 | 4.93 | 4.39 | 4.40 | 10,885,027 |
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Nobia AB Trading Date Momentum on November 4, 2024
| On November 05 2024 Nobia AB was traded for 4.40 at the closing time. The highest price during the trading period was 4.93 and the lowest recorded bid was listed for 4.39 . The volume for the day was 10.9 M. This history from November 5, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 14.40% . The trading delta at closing time to the current price is 25.68% . |
Nobia AB Fundamentals Correlations and Trends
By evaluating Nobia AB'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 Nobia AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nobia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nobia AB Stock history
Nobia AB 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 Nobia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nobia 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 Nobia AB stock prices may prove useful in developing a viable investing in Nobia AB
Nobia AB develops, manufactures, and sells kitchen solutions to consumer and professional customers. Nobia AB was founded in 1996 and is headquartered in Stockholm, Sweden. Nobia AB operates under Home Furnishings Fixtures classification in Sweden and is traded on Stockholm Stock Exchange. It employs 6172 people.
Nobia AB Stock Technical Analysis
Nobia AB 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
Nobia AB Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Nobia 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.
Nobia AB November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nobia AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nobia AB shares will generate the highest return on investment. By undertsting and applying Nobia AB stock market strength indicators, traders can identify Nobia AB entry and exit signals to maximize returns
Nobia AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nobia AB's price direction in advance. Along with the technical and fundamental analysis of Nobia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nobia 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 | (0.14) | |||
| Jensen Alpha | (0.59) | |||
| Total Risk Alpha | (1.09) | |||
| Treynor Ratio | 3.78 |
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Additional Tools for Nobia Stock Analysis
When running Nobia AB's price analysis, check to measure Nobia AB'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 Nobia AB is operating at the current time. Most of Nobia AB's value examination focuses on studying past and present price action to predict the probability of Nobia AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nobia AB's price. Additionally, you may evaluate how the addition of Nobia AB to your portfolios can decrease your overall portfolio volatility.