Novozymes As B Stock Price on May 31, 2024
NVZMF Stock | USD 61.45 0.77 1.27% |
If you're considering investing in Novozymes Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Novozymes A/S stands at 61.45, as last reported on the 24th of April, with the highest price reaching 63.40 and the lowest price hitting 61.45 during the day. Novozymes A/S appears to be very steady, given 3 months investment horizon. Novozymes AS B has Sharpe Ratio of 0.0723, which conveys that the firm had a 0.0723 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Novozymes A/S, which you can use to evaluate the volatility of the firm. Please exercise Novozymes A/S's Risk Adjusted Performance of 0.1033, mean deviation of 2.02, and Downside Deviation of 3.59 to check out if our risk estimates are consistent with your expectations.
Novozymes Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Novozymes |
Novozymes A/S Valuation on May 31, 2024
It is possible to determine the worth of Novozymes A/S on a given historical date. On May 31, 2024 Novozymes was worth 58.14 at the beginning of the trading date compared to the closed value of 57.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Novozymes A/S pink sheet. Still, in general, we apply an absolute valuation method to find Novozymes A/S'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 Novozymes A/S where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Novozymes A/S's related companies.
Open | High | Low | Close | Volume | |
59.57 | 61.86 | 59.10 | 61.86 | 787.00 | |
05/31/2024 | 58.14 | 58.14 | 57.75 | 57.75 | 1,024 |
57.98 | 57.98 | 57.98 | 57.98 | 140.00 |
Backtest Novozymes A/S | | | Novozymes A/S History | | | Novozymes A/S Valuation | Previous | Next |
Novozymes A/S Trading Date Momentum on May 31, 2024
On June 03 2024 Novozymes AS B was traded for 57.98 at the closing time. The highest daily price throughout the period was 57.98 and the lowest price was 57.98 . The daily volume was 140. The net trading volume on 06/03/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.40% . The trading delta at closing time to current closing price is 5.78% . |
Novozymes AS B Fundamentals Correlations and Trends
By evaluating Novozymes A/S'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 Novozymes A/S's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Novozymes financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Novozymes A/S Pink Sheet history
Novozymes A/S 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 Novozymes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Novozymes AS B 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 Novozymes A/S stock prices may prove useful in developing a viable investing in Novozymes A/S
Novozymes AS produces and sells industrial enzymes, microorganisms, and probiotics in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. The company was founded in 1925 and is headquartered in Bagsvaerd, Denmark. NOVOZYMES is traded on OTC Exchange in the United States.
Novozymes A/S Pink Sheet Technical Analysis
Novozymes A/S technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Novozymes A/S Period Price Range
Low | April 24, 2025
| High |
0.00 | 0.00 |
Novozymes AS B cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Novozymes A/S April 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Novozymes A/S pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Novozymes A/S shares will generate the highest return on investment. By undertsting and applying Novozymes A/S pink sheet market strength indicators, traders can identify Novozymes AS B entry and exit signals to maximize returns
Novozymes A/S Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Novozymes A/S's price direction in advance. Along with the technical and fundamental analysis of Novozymes Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Novozymes 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 | 0.1033 | |||
Jensen Alpha | 0.185 | |||
Total Risk Alpha | 0.4207 | |||
Sortino Ratio | 0.0857 | |||
Treynor Ratio | 1.51 |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Novozymes Pink Sheet analysis
When running Novozymes A/S's price analysis, check to measure Novozymes A/S'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 Novozymes A/S is operating at the current time. Most of Novozymes A/S's value examination focuses on studying past and present price action to predict the probability of Novozymes A/S's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novozymes A/S's price. Additionally, you may evaluate how the addition of Novozymes A/S to your portfolios can decrease your overall portfolio volatility.
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