Norma Group (Germany) Price on October 29, 2024
NOEJ Stock | 13.52 1.70 14.38% |
If you're considering investing in Norma Stock, it is important to understand the factors that can impact its price. As of today, the current price of Norma Group stands at 13.52, as last reported on the 2nd of December, with the highest price reaching 14.50 and the lowest price hitting 13.52 during the day. Norma Group AG has Sharpe Ratio of -0.0441, which conveys that the firm had a -0.0441% return per unit of risk over the last 3 months. Norma Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Norma Group's Mean Deviation of 1.65, risk adjusted performance of (0.02), and Standard Deviation of 2.54 to check out the risk estimate we provide.
Norma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Norma |
Sharpe Ratio = -0.0441
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Estimated Market Risk
2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Norma Group 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 Norma Group by adding Norma Group to a well-diversified portfolio.
Norma Group Valuation on October 29, 2024
It is possible to determine the worth of Norma Group on a given historical date. On October 29, 2024 Norma was worth 13.14 at the beginning of the trading date compared to the closed value of 13.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Norma Group stock. Still, in general, we apply an absolute valuation method to find Norma Group'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 Norma Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Norma Group's related companies.
Open | High | Low | Close | Volume | |
12.94 | 13.24 | 12.94 | 13.14 | 29,267 | |
10/29/2024 | 13.14 | 13.34 | 13.02 | 13.06 | 46,178 |
13.00 | 13.00 | 12.66 | 12.74 | 51,669 |
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Norma Group Trading Date Momentum on October 29, 2024
On October 30 2024 Norma Group AG was traded for 12.74 at the closing time. The highest price during the trading period was 13.00 and the lowest recorded bid was listed for 12.66 . The volume for the day was 51.7 K. This history from October 30, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.45% . The trading delta at closing time to the current price is 1.07% . |
Norma Group AG Fundamentals Correlations and Trends
By evaluating Norma Group'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 Norma Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Norma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Norma Group Stock history
Norma Group 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 Norma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Norma Group AG 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 Norma Group stock prices may prove useful in developing a viable investing in Norma Group
Norma Group Stock Technical Analysis
Norma Group 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
Norma Group Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Norma Group AG 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.
Norma Group December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Norma Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Norma Group shares will generate the highest return on investment. By undertsting and applying Norma Group stock market strength indicators, traders can identify Norma Group AG entry and exit signals to maximize returns
Norma Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Norma Group's price direction in advance. Along with the technical and fundamental analysis of Norma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Norma 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 | (0.02) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | (0.22) |
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Complementary Tools for Norma Stock analysis
When running Norma Group's price analysis, check to measure Norma Group'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 Norma Group is operating at the current time. Most of Norma Group's value examination focuses on studying past and present price action to predict the probability of Norma Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norma Group's price. Additionally, you may evaluate how the addition of Norma Group to your portfolios can decrease your overall portfolio volatility.
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