Nordea North is trading at 479.70 as of the 21st of January 2025. This is a 1.64 percent decrease since the beginning of the trading day. The fund's lowest day price was 479.7. Nordea North has hardly any chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 22nd of December 2024 and ending today, the 21st of January 2025. Click here to learn more.
Although Nordea North's alpha and beta are two of the key measurements used to evaluate Nordea North's performance over the market, the standard measures of volatility play an important role as well.
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 Nordea North fund to make a market-neutral strategy. Peer analysis of Nordea North could also be used in its relative valuation, which is a method of valuing Nordea North by comparing valuation metrics with similar companies.
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance