Amidst increasing losses, Investors bid up Nordex 3.8 percent this past week - Simply Wall St
| NRXXY Stock | USD 7.38 0.00 0.00% |
Slightly above 62% of Nordex SE's investor base is looking to short. The analysis of overall sentiment of trading Nordex SE pink sheet suggests that many investors are alarmed at this time. Nordex SE's investing sentiment can be driven by a variety of factors including economic data, Nordex SE's earnings reports, geopolitical events, and overall market trends.
Nordex |
Amidst increasing losses, Investors bid up Nordex 3.8 percent this past week Simply Wall St
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Nordex SE Fundamental Analysis
We analyze Nordex SE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nordex SE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nordex SE based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Nordex SE is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Nordex SE Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nordex SE pink sheet to make a market-neutral strategy. Peer analysis of Nordex SE could also be used in its relative valuation, which is a method of valuing Nordex SE by comparing valuation metrics with similar companies.
Peers
Nordex SE Related Equities
| XJNGF | Xinjiang Goldwind | 5.26 | ||||
| SIELY | Shanghai Electric | 2.97 | ||||
| SMNEY | Siemens Energy | 1.92 | ||||
| SDVKY | Sandvik AB | 1.10 | ||||
| SBGSY | Schneider Electric | 0.60 | ||||
| NRDXF | Nordex SE | 0.00 | ||||
| ROK | Rockwell Automation | 0.35 | ||||
| FANUY | Fanuc | 0.52 | ||||
| VWDRY | Vestas Wind | 2.92 | ||||
| VWSYF | Vestas Wind | 3.45 |
Additional Tools for Nordex Pink Sheet Analysis
When running Nordex SE's price analysis, check to measure Nordex SE'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 Nordex SE is operating at the current time. Most of Nordex SE's value examination focuses on studying past and present price action to predict the probability of Nordex SE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordex SE's price. Additionally, you may evaluate how the addition of Nordex SE to your portfolios can decrease your overall portfolio volatility.