Norma Group (Germany) Price on November 5, 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, standard deviation of 2.54, and Risk Adjusted Performance of (0.02) 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.

Sharpe Ratio = -0.0441

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsNOEJ

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 November 5, 2024

It is possible to determine the worth of Norma Group on a given historical date. On November 5, 2024 Norma was worth 12.66 at the beginning of the trading date compared to the closed value of 12.42. 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
  12.82    12.86    12.66    12.66    24,481  
11/05/2024
  12.66    12.68    12.10    12.42    57,582  
  12.20    12.56    11.96    12.14    46,925  
Backtest Norma Group  |  Norma Group History  |  Norma Group Valuation   PreviousNext  
Open Value
12.66
12.42
Closing Value
20.32
Upside

Norma Group Trading Date Momentum on November 5, 2024

On November 06 2024 Norma Group AG was traded for  12.14  at the closing time. The highest price during the trading period was 12.56  and the lowest recorded bid was listed for  11.96 . The volume for the day was 46.9 K. This history from November 6, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.25% . The trading delta at closing time to the current price is 3.06% .

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.
A focus of Norma Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Norma Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Norma Group Period Price Range

Low
December 2, 2024
0.00  NaN%
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.

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.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments