North Media (Denmark) Price on December 2, 2024
NORTHM Stock | DKK 49.70 0.30 0.60% |
If you're considering investing in North Stock, it is important to understand the factors that can impact its price. As of today, the current price of North Media stands at 49.70, as last reported on the 2nd of December, with the highest price reaching 51.00 and the lowest price hitting 49.70 during the day. North Media AS has Sharpe Ratio of -0.16, which conveys that the firm had a -0.16% return per unit of risk over the last 3 months. North Media exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify North Media's Standard Deviation of 1.28, risk adjusted performance of (0.09), and Mean Deviation of 0.9975 to check out the risk estimate we provide.
North Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
North |
Sharpe Ratio = -0.1565
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Estimated Market Risk
1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average North Media 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 North Media by adding North Media to a well-diversified portfolio.
North Media Valuation on December 2, 2024
It is possible to determine the worth of North Media on a given historical date. On December 2, 2024 North was worth 50.0 at the beginning of the trading date compared to the closed value of 49.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of North Media stock. Still, in general, we apply an absolute valuation method to find North Media'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 North Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against North Media's related companies.
Open | High | Low | Close | Volume | |
50.00 | 51.00 | 49.70 | 49.70 | 4,758 | |
12/02/2024 | 50.00 | 51.00 | 49.70 | 49.70 | 0.00 |
Backtest North Media | | | North Media History | | | North Media Valuation | Previous |
North Media Trading Date Momentum on December 2, 2024
On December 02 2024 North Media AS was traded for 49.70 at the closing time. The highest price during the trading period was 51.00 and the lowest recorded bid was listed for 49.70 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not cause price change. The trading delta at closing time to the current price is 0.60% . |
North Media AS Fundamentals Correlations and Trends
By evaluating North Media'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 North Media's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. North financial account trend analysis is a perfect complement when working with valuation or volatility modules.About North Media Stock history
North Media 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 North is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in North Media AS 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 North Media stock prices may prove useful in developing a viable investing in North Media
The company disseminates offers and information to various Danish consumers through minetilbud.dk and distributes advertising materials, leaflets, local newspapers, and direct mails. North Media AS was founded in 1965 and is based in Sborg, Denmark. North Media operates under Publishing classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 406 people.
North Media Stock Technical Analysis
North Media 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
North Media Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
North Media AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
North Media December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how North Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading North Media shares will generate the highest return on investment. By undertsting and applying North Media stock market strength indicators, traders can identify North Media AS entry and exit signals to maximize returns
North Media Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for North Media's price direction in advance. Along with the technical and fundamental analysis of North Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of North 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 | (0.09) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.38) | |||
Treynor Ratio | (81.80) |
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Complementary Tools for North Stock analysis
When running North Media's price analysis, check to measure North Media'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 North Media is operating at the current time. Most of North Media's value examination focuses on studying past and present price action to predict the probability of North Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North Media's price. Additionally, you may evaluate how the addition of North Media to your portfolios can decrease your overall portfolio volatility.
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