Northern Data (Germany) Price on December 20, 2024
| NB2 Stock | 48.50 0.75 1.52% |
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 48.50, as last reported on the 7th of January, with the highest price reaching 49.55 and the lowest price hitting 46.20 during the day. Northern Data is not too volatile given 3 months investment horizon. Northern Data AG has Sharpe Ratio of 0.26, which conveys that the firm had a 0.26% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use Northern Data AG Risk Adjusted Performance of 0.2112, downside deviation of 2.75, and Mean Deviation of 3.12 to evaluate company specific risk that cannot be diversified away.
Northern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Northern |
Sharpe Ratio = 0.2608
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Estimated Market Risk
| 4.51 actual daily | 40 60% of assets are more volatile |
Expected Return
| 1.18 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Northern Data is performing at about 20% 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 December 20, 2024
It is possible to determine the worth of Northern Data on a given historical date. On December 20, 2024 Northern was worth 41.5 at the beginning of the trading date compared to the closed value of 42.05. 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 | |
| 43.35 | 43.85 | 42.50 | 42.50 | 59,400 | |
12/20/2024 | 41.50 | 44.90 | 41.50 | 42.05 | 204,503 |
| 42.30 | 42.40 | 41.40 | 42.00 | 47,399 |
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Northern Data Trading Date Momentum on December 20, 2024
| On December 23 2024 Northern Data AG was traded for 42.00 at the closing time. The highest price during the trading period was 42.40 and the lowest recorded bid was listed for 41.40 . The volume for the day was 47.4 K. This history from December 23, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.12% . The trading delta at closing time to the current price is 5.47% . |
Northern Data AG Fundamentals Correlations and Trends
By evaluating Northern Data'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 Northern Data's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northern financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 7, 2025
| High |
0.00 | 0.00 |
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Northern Data January 7, 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 | 0.2112 | |||
| Jensen Alpha | 1.09 | |||
| Total Risk Alpha | 0.9811 | |||
| Sortino Ratio | 0.3854 | |||
| Treynor Ratio | (2.57) |
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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.