Nova Europe (Germany) Price on December 22, 2024
0P00011MNK | EUR 209.18 2.75 1.30% |
If you're considering investing in Nova Fund, it is important to understand the factors that can impact its price. As of today, the current price of Nova Europe stands at 209.18, as last reported on the 22nd of December, with the highest price reaching 209.18 and the lowest price hitting 209.18 during the day. Nova Europe ISR has Sharpe Ratio of -0.15, which conveys that the entity had a -0.15% return per unit of risk over the last 3 months. Nova Europe exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nova Europe's Mean Deviation of 0.4168, risk adjusted performance of (0.13), and Standard Deviation of 0.563 to check out the risk estimate we provide.
Nova Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nova |
Sharpe Ratio = -0.1506
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Estimated Market Risk
0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nova Europe is not performing at its full potential. However, 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 Nova Europe by adding Nova Europe to a well-diversified portfolio.
Nova Europe Valuation on December 22, 2024
It is possible to determine the worth of Nova Europe on a given historical date. On December 22, 2024 Nova was worth 209.18 at the beginning of the trading date compared to the closed value of 209.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nova Europe fund. Still, in general, we apply an absolute valuation method to find Nova Europe's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nova Europe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nova Europe's related companies.
Open | High | Low | Close | Volume | |
209.18 | 209.18 | 209.18 | 209.18 | 1.00 | |
12/22/2024 | 209.18 | 209.18 | 209.18 | 209.18 | 0.00 |
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Nova Europe Trading Date Momentum on December 22, 2024
On December 22 2024 Nova Europe ISR was traded for 209.18 at the closing time. The highest price during the trading period was 209.18 and the lowest recorded bid was listed for 209.18 . There was no trading activity during the period 0.0. Lack of trading volume on December 22, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Nova Europe ISR Fundamentals Correlations and Trends
By evaluating Nova Europe's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nova Europe's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nova financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nova Europe Fund history
Nova Europe investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nova is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nova Europe ISR will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nova Europe stock prices may prove useful in developing a viable investing in Nova Europe
Lobjectif de gestion du FCP NOVA EUROPE est, dans le cadre dune allocation dynamique dcide par la socit de gestion, de surperformer long terme lindicateur de rfrence MSCI EUROPE SMALL CAP sur la dure de placement recommande. Nova Europe is traded on Frankfurt Stock Exchange in Germany.
Nova Europe Fund Technical Analysis
Nova Europe technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Nova Europe Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Nova Europe ISR cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nova Europe December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Nova Europe fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nova Europe shares will generate the highest return on investment. By undertsting and applying Nova Europe fund market strength indicators, traders can identify Nova Europe ISR entry and exit signals to maximize returns
Nova Europe Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nova Europe's price direction in advance. Along with the technical and fundamental analysis of Nova Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nova to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.13) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | (0.80) |
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Volume Indicators |
Other Information on Investing in Nova Fund
Nova Europe financial ratios help investors to determine whether Nova Fund 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 Nova with respect to the benefits of owning Nova Europe security.
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