Nordstrom Stock Price on December 19, 2024

JWN Stock  USD 24.53  0.47  1.95%   
Below is the normalized historical share price chart for Nordstrom extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nordstrom stands at 24.53, as last reported on the 24th of December, with the highest price reaching 24.95 and the lowest price hitting 23.96 during the day.
IPO Date
9th of July 1986
200 Day MA
21.5923
50 Day MA
23.1756
Beta
2.598
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Nordstrom Stock, it is important to understand the factors that can impact its price. As of now, Nordstrom Stock is not too volatile. Nordstrom has Sharpe Ratio of 0.0721, which conveys that the firm had a 0.0721% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nordstrom, which you can use to evaluate the volatility of the firm. Please verify Nordstrom's Risk Adjusted Performance of 0.0557, mean deviation of 1.64, and Downside Deviation of 2.27 to check out if the risk estimate we provide is consistent with the expected return of 0.17%.
  
At this time, Nordstrom's Total Stockholder Equity is very stable compared to the past year. As of the 24th of December 2024, Common Stock Shares Outstanding is likely to grow to about 203.2 M, while Liabilities And Stockholders Equity is likely to drop about 5.6 B. . At this time, Nordstrom's Price Sales Ratio is very stable compared to the past year. As of the 24th of December 2024, Price Fair Value is likely to grow to 5.93, while Price Earnings Ratio is likely to drop 20.11. Nordstrom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0721

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Estimated Market Risk

 2.32
  actual daily
20
80% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Nordstrom is performing at about 5% 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 Nordstrom by adding it to a well-diversified portfolio.
Price Book
4.0984
Enterprise Value Ebitda
6.0526
Price Sales
0.2665
Shares Float
90 M
Wall Street Target Price
22.8462

Nordstrom Main Headline on 19th of December 2024

Consumer spending increased by 3.7 percent from July through Septemberthe fastest pace since early 2023.

Nordstrom Valuation on December 19, 2024

It is possible to determine the worth of Nordstrom on a given historical date. On December 19, 2024 Nordstrom was worth 23.28 at the beginning of the trading date compared to the closed value of 24.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nordstrom stock. Still, in general, we apply an absolute valuation method to find Nordstrom'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 Nordstrom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nordstrom's related companies.
 Open High Low Close Volume
  23.32    23.45    22.87    22.89    2,570,285  
12/19/2024
  23.28    24.46    23.04    24.06    3,197,143  
  23.97    24.95    23.96    24.53    4,577,623  
Backtest Nordstrom  |  Nordstrom History  |  Nordstrom Valuation   PreviousNext  
Open Value
23.28
24.06
Closing Value
30.24
Upside

Nordstrom Trading Date Momentum on December 19, 2024

On December 20 2024 Nordstrom was traded for  24.53  at the closing time. Highest Nordstrom's price during the trading hours was 24.95  and the lowest price during the day was  23.96 . The net volume was 4.6 M. The overall trading history on the 20th of December contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 1.95% . The trading delta at closing time to current price is 0.37% .

Nordstrom Fundamentals Correlations and Trends

By evaluating Nordstrom'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 Nordstrom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nordstrom financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nordstrom Stock history

Nordstrom 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 Nordstrom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nordstrom 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 Nordstrom stock prices may prove useful in developing a viable investing in Nordstrom
Last ReportedProjected for Next Year
Common Stock Shares Outstanding163.4 M203.2 M
Net Income Applicable To Common Shares220.5 M320.8 M

Nordstrom Stock Technical Analysis

Nordstrom 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.
A focus of Nordstrom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nordstrom trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nordstrom Period Price Range

Low
December 24, 2024
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High

 0.00 

     

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Nordstrom cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Nordstrom December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Nordstrom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nordstrom shares will generate the highest return on investment. By undertsting and applying Nordstrom stock market strength indicators, traders can identify Nordstrom entry and exit signals to maximize returns

Nordstrom Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nordstrom's price direction in advance. Along with the technical and fundamental analysis of Nordstrom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nordstrom 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.
When determining whether Nordstrom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nordstrom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nordstrom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nordstrom Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nordstrom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in Nordstrom Stock, please use our How to Invest in Nordstrom guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordstrom. If investors know Nordstrom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordstrom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Earnings Share
1.58
Revenue Per Share
91.863
Quarterly Revenue Growth
0.032
Return On Assets
0.0393
The market value of Nordstrom is measured differently than its book value, which is the value of Nordstrom that is recorded on the company's balance sheet. Investors also form their own opinion of Nordstrom's value that differs from its market value or its book value, called intrinsic value, which is Nordstrom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordstrom's market value can be influenced by many factors that don't directly affect Nordstrom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordstrom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordstrom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordstrom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.