Nbi Sustainable Canadian Etf Price on May 13, 2024
| NSCE Etf | CAD 44.58 0.12 0.27% |
Below is the normalized historical share price chart for NBI Sustainable Canadian extending back to March 04, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of NBI Sustainable stands at 44.58, as last reported on the 2nd of December, with the highest price reaching 44.58 and the lowest price hitting 44.52 during the day.
If you're considering investing in NBI Etf, it is important to understand the factors that can impact its price. As of now, NBI Etf is very steady. NBI Sustainable Canadian has Sharpe Ratio of 0.21, which conveys that the etf had a 0.21% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for NBI Sustainable, which you can use to evaluate the volatility of the entity. Please verify NBI Sustainable's Market Risk Adjusted Performance of 0.3502, mean deviation of 0.3352, and Downside Deviation of 0.44 to check out if the risk estimate we provide is consistent with the expected return of 0.098%.
NBI Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 40.8964 | 50 Day MA 43.4378 | Beta 0.7 |
NBI |
Sharpe Ratio = 0.2123
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Estimated Market Risk
| 0.46 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average NBI Sustainable is performing at about 16% 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 NBI Sustainable by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
NBI Sustainable Valuation on May 13, 2024
It is possible to determine the worth of NBI Sustainable on a given historical date. On May 13, 2024 NBI was worth 39.41 at the beginning of the trading date compared to the closed value of 39.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NBI Sustainable etf. Still, in general, we apply an absolute valuation method to find NBI Sustainable'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 NBI Sustainable where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NBI Sustainable's related companies.
| Open | High | Low | Close | Volume | |
| 39.43 | 39.43 | 39.43 | 39.43 | 1.00 | |
05/13/2024 | 39.41 | 39.41 | 39.34 | 39.34 | 400.00 |
| 39.35 | 39.35 | 39.35 | 39.35 | 400.00 |
| Backtest NBI Sustainable | | | NBI Sustainable History | | | NBI Sustainable Valuation | Previous | Next |
NBI Sustainable Trading Date Momentum on May 13, 2024
| On May 14 2024 NBI Sustainable Canadian was traded for 39.35 at the closing time. The highest price during the trading period was 39.35 and the lowest recorded bid was listed for 39.35 . The volume for the day was 400. This history from May 14, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.03% . The trading delta at closing time to the current price is 1.75% . |
NBI Sustainable Canadian Fundamentals Correlations and Trends
By evaluating NBI Sustainable'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 NBI Sustainable's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NBI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NBI Sustainable Etf history
NBI Sustainable 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 NBI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NBI Sustainable Canadian 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 NBI Sustainable stock prices may prove useful in developing a viable investing in NBI Sustainable
NBI Sustainable Etf Technical Analysis
NBI Sustainable technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
NBI Sustainable Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
NBI Sustainable Canadian cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
NBI Sustainable December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how NBI Sustainable etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NBI Sustainable shares will generate the highest return on investment. By undertsting and applying NBI Sustainable etf market strength indicators, traders can identify NBI Sustainable Canadian entry and exit signals to maximize returns
NBI Sustainable Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NBI Sustainable's price direction in advance. Along with the technical and fundamental analysis of NBI Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of NBI 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 | 0.153 | |||
| Jensen Alpha | 0.0536 | |||
| Total Risk Alpha | 0.0092 | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.3402 |
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Other Information on Investing in NBI Etf
NBI Sustainable financial ratios help investors to determine whether NBI Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NBI with respect to the benefits of owning NBI Sustainable security.