Nordic Unmanned (Norway) Price on September 25, 2024
| NUMND Stock | NOK 0.67 0.04 6.35% |
If you're considering investing in Nordic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nordic Unmanned stands at 0.67, as last reported on the 23rd of November, with the highest price reaching 0.74 and the lowest price hitting 0.63 during the day. Nordic Unmanned As has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. Nordic Unmanned exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nordic Unmanned's Standard Deviation of 15.46, mean deviation of 9.81, and Risk Adjusted Performance of (0.1) to check out the risk estimate we provide.
Nordic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nordic |
Sharpe Ratio = -0.1463
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Estimated Market Risk
| 15.56 actual daily | 96 96% of assets are less volatile |
Expected Return
| -2.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nordic Unmanned 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 Nordic Unmanned by adding Nordic Unmanned to a well-diversified portfolio.
Nordic Unmanned Valuation on September 25, 2024
It is possible to determine the worth of Nordic Unmanned on a given historical date. On September 25, 2024 Nordic was worth 4.1 at the beginning of the trading date compared to the closed value of 4.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nordic Unmanned stock. Still, in general, we apply an absolute valuation method to find Nordic Unmanned'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 Nordic Unmanned where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nordic Unmanned's related companies.
| Open | High | Low | Close | Volume | |
| 4.46 | 4.46 | 3.80 | 4.10 | 2,201 | |
09/25/2024 | 4.10 | 4.40 | 3.81 | 4.30 | 2,661 |
| 4.30 | 4.30 | 3.90 | 3.90 | 6,027 |
| Backtest Nordic Unmanned | | | Nordic Unmanned History | | | Nordic Unmanned Valuation | Previous | Next |
Nordic Unmanned Trading Date Momentum on September 25, 2024
| On September 26 2024 Nordic Unmanned As was traded for 3.90 at the closing time. The highest price during the trading period was 4.30 and the lowest recorded bid was listed for 3.90 . The volume for the day was 6 K. This history from September 26, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 9.30% . The trading delta at closing time to the current price is 11.16% . |
Nordic Unmanned As Fundamentals Correlations and Trends
By evaluating Nordic Unmanned'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 Nordic Unmanned's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nordic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nordic Unmanned Stock history
Nordic Unmanned 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 Nordic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nordic Unmanned 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 Nordic Unmanned stock prices may prove useful in developing a viable investing in Nordic Unmanned
Nordic Unmanned AS provides remotely piloted aircraft system services in Norway and internationally. The company was incorporated in 2013 and is headquartered in Sandnes, Norway. NORDIC UNMANNED is traded on Oslo Stock Exchange in Norway.
Nordic Unmanned Stock Technical Analysis
Nordic Unmanned 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
Nordic Unmanned Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Nordic Unmanned As cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo 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.
Nordic Unmanned November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Nordic Unmanned stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nordic Unmanned shares will generate the highest return on investment. By undertsting and applying Nordic Unmanned stock market strength indicators, traders can identify Nordic Unmanned As entry and exit signals to maximize returns
Nordic Unmanned Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nordic Unmanned's price direction in advance. Along with the technical and fundamental analysis of Nordic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nordic 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 | (0.1) | |||
| Jensen Alpha | (2.12) | |||
| Total Risk Alpha | (4.62) | |||
| Treynor Ratio | 3.95 |
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Other Information on Investing in Nordic Stock
Nordic Unmanned financial ratios help investors to determine whether Nordic Stock 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 Nordic with respect to the benefits of owning Nordic Unmanned security.