New Work (Germany) Price on December 18, 2024
| NWO Stock | EUR 66.80 0.10 0.15% |
If you're considering investing in New Stock, it is important to understand the factors that can impact its price. As of today, the current price of New Work stands at 66.80, as last reported on the 21st of December, with the highest price reaching 67.00 and the lowest price hitting 66.80 during the day. As of now, New Stock is very steady. New Work SE has Sharpe Ratio of 0.0353, which conveys that the firm had a 0.0353% return per unit of risk over the last 3 months. We have found thirty technical indicators for New Work, which you can use to evaluate the volatility of the firm. Please verify New Work's Downside Deviation of 0.8605, risk adjusted performance of 0.0393, and Mean Deviation of 0.509 to check out if the risk estimate we provide is consistent with the expected return of 0.0258%.
New Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = 0.0353
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| Negative Returns | NWO |
Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average New Work is performing at about 2% 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 New Work by adding it to a well-diversified portfolio.
New Work Valuation on December 18, 2024
It is possible to determine the worth of New Work on a given historical date. On December 18, 2024 New was worth 66.8 at the beginning of the trading date compared to the closed value of 67.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Work stock. Still, in general, we apply an absolute valuation method to find New Work'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 New Work where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Work's related companies.
| Open | High | Low | Close | Volume | |
| 66.40 | 67.50 | 66.40 | 66.90 | 743.00 | |
12/18/2024 | 66.80 | 67.00 | 66.80 | 67.00 | 11.00 |
| 66.90 | 66.90 | 66.90 | 66.90 | 1.00 |
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New Work Trading Date Momentum on December 18, 2024
| On December 19 2024 New Work SE was traded for 66.90 at the closing time. The maximum traded price for the trading interval was 66.90 and the lowest daily price was 66.90 . There was no trading activity during the period 1.0. Lack of trading volume on 19th of December 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.15% . The trading delta at closing time to the closing price today is 0.00% . |
New Work SE Fundamentals Correlations and Trends
By evaluating New Work'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 New Work's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. New financial account trend analysis is a perfect complement when working with valuation or volatility modules.About New Work Stock history
New Work 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 New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New Work SE 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 New Work stock prices may prove useful in developing a viable investing in New Work
New Work Stock Technical Analysis
New Work 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
New Work Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
New Work SE cannot be verified against its exchange. Please verify the symbol is currently traded on Hamburg 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.
New Work December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how New Work stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Work shares will generate the highest return on investment. By undertsting and applying New Work stock market strength indicators, traders can identify New Work SE entry and exit signals to maximize returns
New Work Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Work's price direction in advance. Along with the technical and fundamental analysis of New Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of New 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 | 0.0393 | |||
| Jensen Alpha | 0.0317 | |||
| Total Risk Alpha | 0.0066 | |||
| Sortino Ratio | 0.0057 | |||
| Treynor Ratio | (0.13) |
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Other Information on Investing in New Stock
New Work financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New Work security.