NN Group Stock Forecast - Accumulation Distribution
| 2NN Stock | EUR 42.26 0.52 1.25% |
2NN Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of NN Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
2NN |
| Check NN Group Volatility | Backtest NN Group | Trend Details |
NN Group Trading Date Momentum
| On December 20 2024 NN Group NV was traded for 41.67 at the closing time. The highest daily price throughout the period was 41.67 and the lowest price was 40.90 . The daily volume was 700. The net trading volume on 12/20/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 0.56% . The trading delta at closing time to current closing price is 2.00% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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NN Group Related Equities
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 NN Group stock to make a market-neutral strategy. Peer analysis of NN Group could also be used in its relative valuation, which is a method of valuing NN Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NN Group Market Strength Events
Market strength indicators help investors to evaluate how NN Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NN Group shares will generate the highest return on investment. By undertsting and applying NN Group stock market strength indicators, traders can identify NN Group NV entry and exit signals to maximize returns.
NN Group Risk Indicators
The analysis of NN Group's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in NN Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 2nn stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.6763 | |||
| Standard Deviation | 0.9012 | |||
| Variance | 0.8122 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Other Information on Investing in 2NN Stock
NN Group financial ratios help investors to determine whether 2NN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 2NN with respect to the benefits of owning NN Group security.