Nordnet AB (Sweden) Price on September 25, 2024
| SAVE Stock | SEK 223.40 0.60 0.27% |
If you're considering investing in Nordnet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nordnet AB stands at 223.40, as last reported on the 22nd of November, with the highest price reaching 226.00 and the lowest price hitting 221.40 during the day. Nordnet AB has Sharpe Ratio of -0.0074, which conveys that the firm had a -0.0074% return per unit of risk over the last 3 months. Nordnet AB exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nordnet AB's Downside Deviation of 1.81, mean deviation of 1.13, and Risk Adjusted Performance of 0.0106 to check out the risk estimate we provide.
Nordnet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nordnet |
Sharpe Ratio = -0.0074
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Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nordnet AB 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 Nordnet AB by adding Nordnet AB to a well-diversified portfolio.
Nordnet AB Valuation on September 25, 2024
It is possible to determine the worth of Nordnet AB on a given historical date. On September 25, 2024 Nordnet was worth 238.8 at the beginning of the trading date compared to the closed value of 239.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nordnet AB stock. Still, in general, we apply an absolute valuation method to find Nordnet AB'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 Nordnet AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nordnet AB's related companies.
| Open | High | Low | Close | Volume | |
| 247.20 | 247.40 | 234.60 | 239.20 | 590,385 | |
09/25/2024 | 238.80 | 243.40 | 238.20 | 239.20 | 214,778 |
| 242.00 | 245.60 | 242.00 | 244.60 | 288,396 |
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Nordnet AB Trading Date Momentum on September 25, 2024
| On September 26 2024 Nordnet AB was traded for 244.60 at the closing time. The highest price during the trading period was 245.60 and the lowest recorded bid was listed for 242.00 . The volume for the day was 288.4 K. This history from September 26, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 2.26% . The trading delta at closing time to the current price is 6.77% . |
Nordnet AB Fundamentals Correlations and Trends
By evaluating Nordnet AB'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 Nordnet AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nordnet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nordnet AB Stock history
Nordnet AB 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 Nordnet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nordnet AB 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 Nordnet AB stock prices may prove useful in developing a viable investing in Nordnet AB
Nordnet AB engages in the investments and savings, pensions, and loans businesses in Sweden, Norway, Denmark, and Finland. The company was founded in 1996 and is headquartered in Stockholm, Sweden. Nordnet AB operates under BanksRegional classification in Sweden and is traded on Stockholm Stock Exchange. It employs 630 people.
Nordnet AB Stock Technical Analysis
Nordnet AB 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
Nordnet AB Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Nordnet AB 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.
Nordnet AB November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Nordnet AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nordnet AB shares will generate the highest return on investment. By undertsting and applying Nordnet AB stock market strength indicators, traders can identify Nordnet AB entry and exit signals to maximize returns
Nordnet AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nordnet AB's price direction in advance. Along with the technical and fundamental analysis of Nordnet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nordnet 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 | 0.0106 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0017 |
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Additional Tools for Nordnet Stock Analysis
When running Nordnet AB's price analysis, check to measure Nordnet AB'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 Nordnet AB is operating at the current time. Most of Nordnet AB's value examination focuses on studying past and present price action to predict the probability of Nordnet AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordnet AB's price. Additionally, you may evaluate how the addition of Nordnet AB to your portfolios can decrease your overall portfolio volatility.