Nordic Waterproofing (Sweden) Price on September 13, 2023
| NWG Stock | SEK 175.00 0.60 0.34% |
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 Waterproofing stands at 175.00, as last reported on the 27th of November, with the highest price reaching 175.40 and the lowest price hitting 173.00 during the day. Currently, Nordic Waterproofing Holding is very steady. Nordic Waterproofing 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 Nordic Waterproofing, which you can use to evaluate the volatility of the firm. Please verify Nordic Waterproofing's Mean Deviation of 1.02, risk adjusted performance of 0.0625, and Downside Deviation of 1.58 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
Nordic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nordic |
Sharpe Ratio = 0.0723
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Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Nordic Waterproofing is performing at about 5% 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 Nordic Waterproofing by adding it to a well-diversified portfolio.
Nordic Waterproofing Valuation on September 13, 2023
It is possible to determine the worth of Nordic Waterproofing on a given historical date. On September 13, 2023 Nordic was worth 140.44 at the beginning of the trading date compared to the closed value of 136.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nordic Waterproofing stock. Still, in general, we apply an absolute valuation method to find Nordic Waterproofing'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 Waterproofing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nordic Waterproofing's related companies.
| Open | High | Low | Close | Volume | |
| 141.61 | 141.61 | 137.92 | 139.67 | 11,820 | |
09/13/2023 | 140.44 | 140.64 | 136.37 | 136.37 | 6,087 |
| 156.35 | 160.62 | 155.77 | 158.87 | 4,137,650 |
| Backtest Nordic Waterproofing | | | Nordic Waterproofing History | | | Nordic Waterproofing Valuation | Previous | Next |
Nordic Waterproofing Trading Date Momentum on September 13, 2023
| On September 14 2023 Nordic Waterproofing Holding was traded for 158.87 at the closing time. The maximum traded price for the trading interval was 160.62 and the lowest daily price was 155.77 . The daily volume was recorded at 4.1 M. The volume of trading on 14th of September 2023 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 16.50% . The trading delta at closing time to the closing price today is 15.65% . |
Nordic Waterproofing Fundamentals Correlations and Trends
By evaluating Nordic Waterproofing'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 Waterproofing'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 Waterproofing Stock history
Nordic Waterproofing 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 Waterproofing 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 Waterproofing stock prices may prove useful in developing a viable investing in Nordic Waterproofing
Nordic Waterproofing Holding AS develops, manufactures, and distributes a range of waterproofing products and solutions for buildings and infrastructure primarily in Belgium, Germany, the Netherlands, Poland, and the United Kingdom, and the Nordic countries. Nordic Waterproofing Holding AS was founded in 1889 and is headquartered in Helsingborg, Sweden. Nordic Waterproofing is traded on Stockholm Stock Exchange in Sweden.
Nordic Waterproofing Stock Technical Analysis
Nordic Waterproofing 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 Waterproofing Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Nordic Waterproofing Holding cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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 Waterproofing November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nordic Waterproofing 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 Waterproofing shares will generate the highest return on investment. By undertsting and applying Nordic Waterproofing stock market strength indicators, traders can identify Nordic Waterproofing Holding entry and exit signals to maximize returns
Nordic Waterproofing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nordic Waterproofing'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 | 0.0625 | |||
| Jensen Alpha | 0.1335 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0097 | |||
| Treynor Ratio | 31.17 |
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Additional Tools for Nordic Stock Analysis
When running Nordic Waterproofing's price analysis, check to measure Nordic Waterproofing'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 Nordic Waterproofing is operating at the current time. Most of Nordic Waterproofing's value examination focuses on studying past and present price action to predict the probability of Nordic Waterproofing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic Waterproofing's price. Additionally, you may evaluate how the addition of Nordic Waterproofing to your portfolios can decrease your overall portfolio volatility.