Northern Data (Germany) Price on July 2, 2024
| NB2 Stock | EUR 46.60 1.25 2.61% |
If you're considering investing in Northern Stock, it is important to understand the factors that can impact its price. As of today, the current price of Northern Data stands at 46.60, as last reported on the 24th of January, with the highest price reaching 46.60 and the lowest price hitting 46.60 during the day. Northern Data appears to be very steady, given 3 months investment horizon. Northern Data AG has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21 % return per unit of risk over the last 3 months. By analyzing Northern Data's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please exercise Northern Data's Mean Deviation of 3.17, risk adjusted performance of 0.1829, and Downside Deviation of 3.8 to check out if our risk estimates are consistent with your expectations.
Northern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Northern |
Sharpe Ratio = 0.2128
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Estimated Market Risk
| 3.96 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Northern Data is performing at about 16% 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 Northern Data by adding it to a well-diversified portfolio.
Northern Data Valuation on July 2, 2024
It is possible to determine the worth of Northern Data on a given historical date. On July 2, 2024 Northern was worth 30.6 at the beginning of the trading date compared to the closed value of 33.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern Data stock. Still, in general, we apply an absolute valuation method to find Northern Data'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 Northern Data where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northern Data's related companies.
| Open | High | Low | Close | Volume | |
| 23.45 | 23.45 | 23.45 | 23.45 | 6.00 | |
07/02/2024 | 30.60 | 33.05 | 29.80 | 33.05 | 945.00 |
| 30.65 | 30.65 | 28.00 | 28.20 | 488.00 |
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Northern Data Trading Date Momentum on July 2, 2024
| On July 03 2024 Northern Data AG was traded for 28.20 at the closing time. The maximum traded price for the trading interval was 30.65 and the lowest daily price was 28.00 . The daily volume was recorded at 488. The volume of trading on 3rd of July 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 14.67% . The trading delta at closing time to the closing price today is 40.09% . |
About Northern Data Stock history
Northern Data 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 Northern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northern Data AG 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 Northern Data stock prices may prove useful in developing a viable investing in Northern Data
Northern Data Stock Technical Analysis
Northern Data 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
Northern Data Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
Northern Data AG cannot be verified against its exchange. Please verify the symbol is currently traded on Munich 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.
Northern Data January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Northern Data stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern Data shares will generate the highest return on investment. By undertsting and applying Northern Data stock market strength indicators, traders can identify Northern Data AG entry and exit signals to maximize returns
Northern Data Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northern Data's price direction in advance. Along with the technical and fundamental analysis of Northern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northern 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 | 0.1829 | |||
| Jensen Alpha | 0.9627 | |||
| Total Risk Alpha | 0.7105 | |||
| Sortino Ratio | 0.2294 | |||
| Treynor Ratio | (0.67) |
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Additional Tools for Northern Stock Analysis
When running Northern Data's price analysis, check to measure Northern Data'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 Northern Data is operating at the current time. Most of Northern Data's value examination focuses on studying past and present price action to predict the probability of Northern Data's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Data's price. Additionally, you may evaluate how the addition of Northern Data to your portfolios can decrease your overall portfolio volatility.