Novartis (Mexico) Price on December 9, 2024

NVSN Stock  MXN 2,004  134.33  6.28%   
If you're considering investing in Novartis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Novartis stands at 2,004, as last reported on the 18th of December 2024, with the highest price reaching 2,004 and the lowest price hitting 2,004 during the day. Novartis AG has Sharpe Ratio of -0.0942, which conveys that the firm had a -0.0942% return per unit of risk over the last 3 months. Novartis exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Novartis' Mean Deviation of 0.3134, standard deviation of 0.9382, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
  
Novartis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0942

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Estimated Market Risk

 0.97
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Novartis 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 Novartis by adding Novartis to a well-diversified portfolio.

Novartis Valuation on December 9, 2024

It is possible to determine the worth of Novartis on a given historical date. On December 9, 2024 Novartis was worth 2138.5 at the beginning of the trading date compared to the closed value of 2138.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Novartis stock. Still, in general, we apply an absolute valuation method to find Novartis' 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 Novartis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Novartis' related companies.
 Open High Low Close Volume
  2,138    2,138    2,138    2,138    1.00  
12/09/2024
  2,138    2,138    2,138    2,138    1.00  
  2,138    2,138    2,138    2,138    1.00  
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Open Value
2138.5
2138.5
Closing Value
2,141
Upside

Novartis Trading Date Momentum on December 9, 2024

On December 10 2024 Novartis AG was traded for  2,138  at the closing time. The highest price during the trading period was 2,138  and the lowest recorded bid was listed for  2,138 . There was no trading activity during the period 1.0. Lack of trading volume on December 10, 2024 did not cause price change. The trading delta at closing time to the current price is 6.28% .

Novartis AG Fundamentals Correlations and Trends

By evaluating Novartis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Novartis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Novartis financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Novartis Stock history

Novartis 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 Novartis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Novartis AG 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 Novartis stock prices may prove useful in developing a viable investing in Novartis
Novartis AG researches, develops, manufactures, and markets healthcare products worldwide. The company was incorporated in 1996 and is headquartered in Basel, Switzerland. NOVARTIS operates under Drug ManufacturersGeneral classification in Mexico and is traded on Mexico Stock Exchange. It employs 105794 people.

Novartis Stock Technical Analysis

Novartis 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.
A focus of Novartis technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Novartis trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Novartis Period Price Range

Low
December 18, 2024
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High

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Novartis AG cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican 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.

Novartis December 18, 2024 Market Strength

Market strength indicators help investors to evaluate how Novartis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Novartis shares will generate the highest return on investment. By undertsting and applying Novartis stock market strength indicators, traders can identify Novartis AG entry and exit signals to maximize returns

Novartis Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Novartis' price direction in advance. Along with the technical and fundamental analysis of Novartis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Novartis 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.

Additional Tools for Novartis Stock Analysis

When running Novartis' price analysis, check to measure Novartis' 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 Novartis is operating at the current time. Most of Novartis' value examination focuses on studying past and present price action to predict the probability of Novartis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novartis' price. Additionally, you may evaluate how the addition of Novartis to your portfolios can decrease your overall portfolio volatility.