Northern Data (Germany) Performance
| NB2 Stock | EUR 34.95 0.55 1.60% |
On a scale of 0 to 100, Northern Data holds a performance score of 8. The company secures a Beta (Market Risk) of 0.7, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Northern Data's returns are expected to increase less than the market. However, during the bear market, the loss of holding Northern Data is expected to be smaller as well. Please check Northern Data's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Northern Data's current price movements will revert.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Northern Data AG are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile basic indicators, Northern Data exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 40.35 | |
| Fifty Two Week High | 140.50 |
Northern |
Northern Data Relative Risk vs. Return Landscape
If you would invest 2,775 in Northern Data AG on August 27, 2024 and sell it today you would earn a total of 720.00 from holding Northern Data AG or generate 25.95% return on investment over 90 days. Northern Data AG is generating 0.4214% of daily returns assuming 3.7% volatility of returns over the 90 days investment horizon. Simply put, 32% of all stocks have less volatile historical return distribution than Northern Data, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Northern Data Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Data's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Northern Data AG, and traders can use it to determine the average amount a Northern Data's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1139
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NB2 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.7 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Northern Data is performing at about 8% 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 Northern Data by adding it to a well-diversified portfolio.
About Northern Data Performance
By analyzing Northern Data's fundamental ratios, stakeholders can gain valuable insights into Northern Data's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Northern Data has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Northern Data has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Northern Data AG performance evaluation
Checking the ongoing alerts about Northern Data for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Northern Data AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Northern Data AG had very high historical volatility over the last 90 days |
- Analyzing Northern Data's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Northern Data's stock is overvalued or undervalued compared to its peers.
- Examining Northern Data's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Northern Data's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Data's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Northern Data's stock. These opinions can provide insight into Northern Data's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Northern Stock analysis
When running Northern Data's price analysis, check to measure Northern Data'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 Northern Data is operating at the current time. Most of Northern Data's value examination focuses on studying past and present price action to predict the probability of Northern Data's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Data's price. Additionally, you may evaluate how the addition of Northern Data to your portfolios can decrease your overall portfolio volatility.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Transaction History View history of all your transactions and understand their impact on performance |