News (Germany) Price on October 2, 2023
| NC0 Stock | EUR 27.40 0.20 0.72% |
If you're considering investing in News Stock, it is important to understand the factors that can impact its price. As of today, the current price of News stands at 27.40, as last reported on the 11th of December 2024, with the highest price reaching 27.60 and the lowest price hitting 27.40 during the day. News appears to be very steady, given 3 months investment horizon. News has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for News, which you can use to evaluate the volatility of the firm. Please exercise News' Mean Deviation of 0.9976, downside deviation of 1.09, and Risk Adjusted Performance of 0.1299 to check out if our risk estimates are consistent with your expectations.
News Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
News |
Sharpe Ratio = 0.193
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Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average News is performing at about 15% 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 News by adding it to a well-diversified portfolio.
News Valuation on October 2, 2023
It is possible to determine the worth of News on a given historical date. On October 2, 2023 News was worth 18.74 at the beginning of the trading date compared to the closed value of 18.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of News stock. Still, in general, we apply an absolute valuation method to find News' 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 News where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against News' related companies.
| Open | High | Low | Close | Volume | |
| 18.64 | 18.74 | 18.64 | 18.74 | 1.00 | |
10/02/2023 | 18.74 | 18.84 | 18.74 | 18.84 | 1.00 |
| 18.74 | 18.74 | 18.44 | 18.44 | 1.00 |
| Backtest News | | | News History | | | News Valuation | Previous | Next |
News Trading Date Momentum on October 2, 2023
| On October 03 2023 News Corporation was traded for 18.44 at the closing time. The highest daily price throughout the period was 18.74 and the lowest price was 18.44 . There was no trading activity during the period 1.0. Lack of trading volume on 10/03/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.12% . The trading delta at closing time to current closing price is 3.18% . |
News Fundamentals Correlations and Trends
By evaluating News' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among News' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. News financial account trend analysis is a perfect complement when working with valuation or volatility modules.About News Stock history
News 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 News is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in News 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 News stock prices may prove useful in developing a viable investing in News
News Corporation, a media and information services company, creates and distributes content for consumers and businesses worldwide. Further, it offers property and property-related services on its Websites and mobile applications online real estate services and professional software and service products, which comprise Top Producer and ListHub. NEWS CORP operates under Broadcasting classification in Germany and is traded on Frankfurt Stock Exchange. It employs 23500 people.
News Stock Technical Analysis
News 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
News Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
News Corporation 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.
News December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how News stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading News shares will generate the highest return on investment. By undertsting and applying News stock market strength indicators, traders can identify News Corporation entry and exit signals to maximize returns
News Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for News' price direction in advance. Along with the technical and fundamental analysis of News Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of News 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 | 0.1299 | |||
| Jensen Alpha | 0.1839 | |||
| Total Risk Alpha | 0.0099 | |||
| Sortino Ratio | 0.0958 | |||
| Treynor Ratio | 0.7234 |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for News Stock analysis
When running News' price analysis, check to measure News' 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 News is operating at the current time. Most of News' value examination focuses on studying past and present price action to predict the probability of News' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move News' price. Additionally, you may evaluate how the addition of News to your portfolios can decrease your overall portfolio volatility.
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