NetApp (Germany) Price on December 9, 2024
| NTA Stock | EUR 116.38 1.56 1.36% |
If you're considering investing in NetApp Stock, it is important to understand the factors that can impact its price. As of today, the current price of NetApp stands at 116.38, as last reported on the 14th of December 2024, with the highest price reaching 116.38 and the lowest price hitting 116.38 during the day. NetApp appears to be very steady, given 3 months investment horizon. NetApp Inc has Sharpe Ratio of 0.0944, which conveys that the firm had a 0.0944% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for NetApp, which you can use to evaluate the volatility of the firm. Please exercise NetApp's Downside Deviation of 2.46, mean deviation of 1.6, and Risk Adjusted Performance of 0.0781 to check out if our risk estimates are consistent with your expectations.
NetApp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NetApp |
Sharpe Ratio = 0.0944
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average NetApp is performing at about 7% 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 NetApp by adding it to a well-diversified portfolio.
NetApp Valuation on December 9, 2024
It is possible to determine the worth of NetApp on a given historical date. On December 9, 2024 NetApp was worth 122.44 at the beginning of the trading date compared to the closed value of 122.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NetApp stock. Still, in general, we apply an absolute valuation method to find NetApp'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 NetApp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NetApp's related companies.
| Open | High | Low | Close | Volume | |
| 119.92 | 119.92 | 119.92 | 119.92 | 15.00 | |
12/09/2024 | 122.44 | 122.44 | 122.44 | 122.44 | 15.00 |
| 118.90 | 118.90 | 118.90 | 118.90 | 15.00 |
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NetApp Trading Date Momentum on December 9, 2024
| On December 10 2024 NetApp Inc was traded for 118.90 at the closing time. The highest daily price throughout the period was 118.90 and the lowest price was 118.90 . The daily volume was 15.0. The net trading volume on 12/10/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.89% . The trading delta at closing time to current closing price is 4.95% . |
NetApp Inc Fundamentals Correlations and Trends
By evaluating NetApp'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 NetApp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NetApp financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NetApp Stock history
NetApp 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 NetApp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NetApp Inc 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 NetApp stock prices may prove useful in developing a viable investing in NetApp
NetApp, Inc. provides software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California. NETAPP INC operates under Data Storage classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10500 people.
NetApp Stock Technical Analysis
NetApp 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
NetApp Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
NetApp Inc 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.
NetApp December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how NetApp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NetApp shares will generate the highest return on investment. By undertsting and applying NetApp stock market strength indicators, traders can identify NetApp Inc entry and exit signals to maximize returns
NetApp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NetApp's price direction in advance. Along with the technical and fundamental analysis of NetApp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NetApp 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 | 0.0781 | |||
| Jensen Alpha | 0.1425 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0431 | |||
| Treynor Ratio | 0.3298 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for NetApp Stock analysis
When running NetApp's price analysis, check to measure NetApp'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 NetApp is operating at the current time. Most of NetApp's value examination focuses on studying past and present price action to predict the probability of NetApp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetApp's price. Additionally, you may evaluate how the addition of NetApp to your portfolios can decrease your overall portfolio volatility.
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