Nordea Bank's market value is the price at which a share of Nordea Bank trades on a public exchange. It measures the collective expectations of Nordea Bank Abp investors about its performance. Nordea Bank is selling for under 126.80 as of the 9th of January 2025; that is 0.93% increase since the beginning of the trading day. The stock's lowest day price was 124.8. With this module, you can estimate the performance of a buy and hold strategy of Nordea Bank Abp and determine expected loss or profit from investing in Nordea Bank over a given investment horizon. Check out Nordea Bank Correlation, Nordea Bank Volatility and Nordea Bank Alpha and Beta module to complement your research on Nordea Bank.
Please note, there is a significant difference between Nordea Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordea Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordea Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Nordea Bank 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nordea Bank's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nordea Bank.
0.00
01/20/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/09/2025
0.00
If you would invest 0.00 in Nordea Bank on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding Nordea Bank Abp or generate 0.0% return on investment in Nordea Bank over 720 days. Nordea Bank is related to or competes with Intermediate Capital, Zoom Video, One Media, Zinc Media, Taiwan Semiconductor, Spirent Communications, and XLMedia PLC. Nordea Bank is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Nordea Bank Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nordea Bank's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nordea Bank Abp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nordea Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nordea Bank's standard deviation. In reality, there are many statistical measures that can use Nordea Bank historical prices to predict the future Nordea Bank's volatility.
Currently, Nordea Bank Abp is very steady. Nordea Bank Abp has Sharpe Ratio of 0.091, which conveys that the firm had a 0.091% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nordea Bank, which you can use to evaluate the volatility of the firm. Please verify Nordea Bank's Mean Deviation of 0.8878, downside deviation of 1.06, and Risk Adjusted Performance of 0.0788 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. Nordea Bank has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nordea Bank are expected to decrease at a much lower rate. During the bear market, Nordea Bank is likely to outperform the market. Nordea Bank Abp right now secures a risk of 1.31%. Please verify Nordea Bank Abp jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Nordea Bank Abp will be following its current price movements.
Auto-correlation
-0.26
Weak reverse predictability
Nordea Bank Abp has weak reverse predictability. Overlapping area represents the amount of predictability between Nordea Bank time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nordea Bank Abp price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Nordea Bank price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.26
Spearman Rank Test
0.2
Residual Average
0.0
Price Variance
25.93
Nordea Bank Abp lagged returns against current returns
Autocorrelation, which is Nordea Bank stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nordea Bank's stock expected returns. We can calculate the autocorrelation of Nordea Bank returns to help us make a trade decision. For example, suppose you find that Nordea Bank has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Nordea Bank regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nordea Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nordea Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nordea Bank stock over time.
Current vs Lagged Prices
Timeline
Nordea Bank Lagged Returns
When evaluating Nordea Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nordea Bank stock have on its future price. Nordea Bank autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nordea Bank autocorrelation shows the relationship between Nordea Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Nordea Bank Abp.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running Nordea Bank's price analysis, check to measure Nordea Bank'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 Nordea Bank is operating at the current time. Most of Nordea Bank's value examination focuses on studying past and present price action to predict the probability of Nordea Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordea Bank's price. Additionally, you may evaluate how the addition of Nordea Bank to your portfolios can decrease your overall portfolio volatility.