NBI Bearings (Spain) Price on November 28, 2023
NBI Stock | EUR 4.00 0.00 0.00% |
If you're considering investing in NBI Stock, it is important to understand the factors that can impact its price. As of today, the current price of NBI Bearings stands at 4.00, as last reported on the 12th of December 2024, with the highest price reaching 4.00 and the lowest price hitting 4.00 during the day. NBI Bearings Europe has Sharpe Ratio of -0.24, which conveys that the company had a -0.24% return per unit of volatility over the last 3 months. NBI Bearings exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NBI Bearings' Mean Deviation of 0.3561, standard deviation of 0.7989, and Market Risk Adjusted Performance of 0.9564 to check out the risk estimate we provide.
NBI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NBI |
Sharpe Ratio = -0.2397
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | NBI |
Estimated Market Risk
0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.24 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NBI Bearings 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 NBI Bearings by adding NBI Bearings to a well-diversified portfolio.
NBI Bearings Valuation on November 28, 2023
It is possible to determine the worth of NBI Bearings on a given historical date. On November 28, 2023 NBI was worth 4.2 at the beginning of the trading date compared to the closed value of 4.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NBI Bearings stock. Still, in general, we apply an absolute valuation method to find NBI Bearings' 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 NBI Bearings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NBI Bearings' related companies.
Open | High | Low | Close | Volume | |
4.20 | 4.20 | 4.16 | 4.16 | 880.00 | |
11/28/2023 | 4.20 | 4.28 | 4.10 | 4.10 | 1,817 |
4.20 | 4.30 | 4.00 | 4.30 | 1,941 |
Backtest NBI Bearings | | | NBI Bearings History | | | NBI Bearings Valuation | Previous | Next |
NBI Bearings Trading Date Momentum on November 28, 2023
On November 29 2023 NBI Bearings Europe was traded for 4.30 at the closing time. The maximum traded price for the trading interval was 4.30 and the lowest daily price was 4.00 . The daily volume was recorded at 1.9 K. The volume of trading on 29th of November 2023 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 4.88% . The trading delta at closing time to the closing price today is 2.44% . |
NBI Bearings Europe Fundamentals Correlations and Trends
By evaluating NBI Bearings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NBI Bearings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NBI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NBI Bearings Stock history
NBI Bearings 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 NBI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NBI Bearings Europe 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 NBI Bearings stock prices may prove useful in developing a viable investing in NBI Bearings
NBI Bearings Europe, S.A. engages in the design, production, and sale of bearings worldwide. NBI Bearings Europe, S.A. is a subsidiary of Sociedad Pakel Rmi Sociedad De Promocin De Empresas, S.L.U. NBI Bearings operates under Tools Accessories classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 170 people.
NBI Bearings Stock Technical Analysis
NBI Bearings 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
NBI Bearings Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
NBI Bearings Europe cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
NBI Bearings December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how NBI Bearings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NBI Bearings shares will generate the highest return on investment. By undertsting and applying NBI Bearings stock market strength indicators, traders can identify NBI Bearings Europe entry and exit signals to maximize returns
NBI Bearings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NBI Bearings' price direction in advance. Along with the technical and fundamental analysis of NBI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NBI 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 | (0.17) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | 0.9464 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for NBI Stock analysis
When running NBI Bearings' price analysis, check to measure NBI Bearings' 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 NBI Bearings is operating at the current time. Most of NBI Bearings' value examination focuses on studying past and present price action to predict the probability of NBI Bearings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NBI Bearings' price. Additionally, you may evaluate how the addition of NBI Bearings to your portfolios can decrease your overall portfolio volatility.
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |