NTG Nordic (Germany) Price on October 31, 2024
| NRSA Stock | EUR 39.15 0.10 0.26% |
If you're considering investing in NTG Stock, it is important to understand the factors that can impact its price. As of today, the current price of NTG Nordic stands at 39.15, as last reported on the 26th of November, with the highest price reaching 39.15 and the lowest price hitting 38.95 during the day. At this point, NTG Nordic is very steady. NTG Nordic Transport has Sharpe Ratio of 0.0661, which conveys that the firm had a 0.0661% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for NTG Nordic, which you can use to evaluate the volatility of the firm. Please verify NTG Nordic's risk adjusted performance of 0.0562, and Mean Deviation of 1.59 to check out if the risk estimate we provide is consistent with the expected return of 0.15%.
NTG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NTG |
Sharpe Ratio = 0.0661
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Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average NTG Nordic is performing at about 5% 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 NTG Nordic by adding it to a well-diversified portfolio.
NTG Nordic Valuation on October 31, 2024
It is possible to determine the worth of NTG Nordic on a given historical date. On October 31, 2024 NTG was worth 37.35 at the beginning of the trading date compared to the closed value of 37.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NTG Nordic stock. Still, in general, we apply an absolute valuation method to find NTG Nordic'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 NTG Nordic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NTG Nordic's related companies.
| Open | High | Low | Close | Volume | |
| 40.45 | 40.45 | 38.05 | 38.05 | 200.00 | |
10/31/2024 | 37.35 | 38.20 | 37.05 | 37.05 | 4.00 |
| 37.35 | 37.75 | 37.35 | 37.75 | 4.00 |
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NTG Nordic Trading Date Momentum on October 31, 2024
| On November 01 2024 NTG Nordic Transport was traded for 37.75 at the closing time. The maximum traded price for the trading interval was 37.75 and the lowest daily price was 37.35 . There was no trading activity during the period 4.0. Lack of trading volume on 1st of November 2024 played a part in the next trading day price rise. The trading delta at closing time to the next closing price was 1.89% . The trading delta at closing time to the closing price today is 4.18% . |
NTG Nordic Transport Fundamentals Correlations and Trends
By evaluating NTG Nordic'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 NTG Nordic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NTG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NTG Nordic Stock history
NTG Nordic 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 NTG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NTG Nordic Transport 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 NTG Nordic stock prices may prove useful in developing a viable investing in NTG Nordic
NTG Nordic Transport Group AS, through its subsidiaries, provides cargo transportation services through truck, ship, and aircraft in Denmark and internationally. NTG Nordic Transport Group AS was incorporated in 1988 and is headquartered in Hvidovre, Denmark. NTG NORDIC operates under Integrated Freight Logistics classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1492 people.
NTG Nordic Stock Technical Analysis
NTG Nordic 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
NTG Nordic Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
NTG Nordic Transport cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
NTG Nordic November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how NTG Nordic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NTG Nordic shares will generate the highest return on investment. By undertsting and applying NTG Nordic stock market strength indicators, traders can identify NTG Nordic Transport entry and exit signals to maximize returns
NTG Nordic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NTG Nordic's price direction in advance. Along with the technical and fundamental analysis of NTG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NTG 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 | 0.0562 | |||
| Jensen Alpha | 0.1178 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0081 | |||
| Treynor Ratio | 0.9257 |
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Complementary Tools for NTG Stock analysis
When running NTG Nordic's price analysis, check to measure NTG Nordic'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 NTG Nordic is operating at the current time. Most of NTG Nordic's value examination focuses on studying past and present price action to predict the probability of NTG Nordic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NTG Nordic's price. Additionally, you may evaluate how the addition of NTG Nordic to your portfolios can decrease your overall portfolio volatility.
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