Nano Dimension (Germany) Price on December 27, 2024
| 2N5B Stock | EUR 2.48 0.16 6.90% |
If you're considering investing in Nano Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nano Dimension stands at 2.48, as last reported on the 28th of December, with the highest price reaching 2.48 and the lowest price hitting 2.48 during the day. Nano Dimension appears to be very risky, given 3 months investment horizon. Nano Dimension has Sharpe Ratio of 0.0631, which conveys that the firm had a 0.0631% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nano Dimension, which you can use to evaluate the volatility of the firm. Please exercise Nano Dimension's Mean Deviation of 2.62, risk adjusted performance of 0.0727, and Downside Deviation of 2.9 to check out if our risk estimates are consistent with your expectations.
Nano Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nano |
Sharpe Ratio = 0.0631
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Estimated Market Risk
| 3.55 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Nano Dimension is performing at about 4% 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 Nano Dimension by adding it to a well-diversified portfolio.
Nano Dimension Valuation on December 27, 2024
It is possible to determine the worth of Nano Dimension on a given historical date. On December 27, 2024 Nano was worth 2.48 at the beginning of the trading date compared to the closed value of 2.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nano Dimension stock. Still, in general, we apply an absolute valuation method to find Nano Dimension'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 Nano Dimension where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nano Dimension's related companies.
| Open | High | Low | Close | Volume | |
| 2.32 | 2.32 | 2.32 | 2.32 | 1,150 | |
12/27/2024 | 2.48 | 2.48 | 2.48 | 2.48 | 1,150 |
| Backtest Nano Dimension | | | Nano Dimension History | | | Nano Dimension Valuation | Previous |
Nano Dimension Trading Date Momentum on December 27, 2024
| On December 27 2024 Nano Dimension was traded for 2.48 at the closing time. The maximum traded price for the trading interval was 2.48 and the lowest daily price was 2.48 . The daily volume was recorded at 1.1 K. The volume of trading on 27th of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.00% . |
Nano Dimension Fundamentals Correlations and Trends
By evaluating Nano Dimension'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 Nano Dimension's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nano financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nano Dimension Stock history
Nano Dimension 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 Nano is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nano Dimension 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 Nano Dimension stock prices may prove useful in developing a viable investing in Nano Dimension
Nano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally. The company was founded in 2012 and is headquartered in Ness Ziona, Israel. NANODIMENSION ADR operates under Computer Hardware classification in Germany and is traded on Frankfurt Stock Exchange. It employs 92 people.
Nano Dimension Stock Technical Analysis
Nano Dimension technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Nano Dimension Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Nano Dimension 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.
Nano Dimension December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Nano Dimension stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nano Dimension shares will generate the highest return on investment. By undertsting and applying Nano Dimension stock market strength indicators, traders can identify Nano Dimension entry and exit signals to maximize returns
Nano Dimension Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nano Dimension's price direction in advance. Along with the technical and fundamental analysis of Nano Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nano 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 | 0.0727 | |||
| Jensen Alpha | 0.295 | |||
| Total Risk Alpha | 0.1927 | |||
| Sortino Ratio | 0.0952 | |||
| Treynor Ratio | 1.9 |
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| Volume Indicators |
Complementary Tools for Nano Stock analysis
When running Nano Dimension's price analysis, check to measure Nano Dimension'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 Nano Dimension is operating at the current time. Most of Nano Dimension's value examination focuses on studying past and present price action to predict the probability of Nano Dimension's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nano Dimension's price. Additionally, you may evaluate how the addition of Nano Dimension to your portfolios can decrease your overall portfolio volatility.
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