Nordic Semiconductor Asa Stock Price on December 24, 2024

If you're considering investing in Nordic Pink Sheet, it is important to understand the factors that can impact its price. Nordic Semiconductor ASA has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. Nordic Semiconductor exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nordic Semiconductor's Risk Adjusted Performance of (0.08), mean deviation of 1.48, and Standard Deviation of 2.38 to check out the risk estimate we provide.
  
Nordic Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1043

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Estimated Market Risk

 2.38
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.25
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nordic Semiconductor 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 Nordic Semiconductor by adding Nordic Semiconductor to a well-diversified portfolio.

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Price Boundaries

Nordic Semiconductor Period Price Range

Low
December 25, 2024
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High

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Nordic Semiconductor ASA cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Nordic Semiconductor December 25, 2024 Market Strength

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

Nordic Semiconductor Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nordic Semiconductor's price direction in advance. Along with the technical and fundamental analysis of Nordic Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nordic 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.

Complementary Tools for Nordic Pink Sheet analysis

When running Nordic Semiconductor's price analysis, check to measure Nordic Semiconductor'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 Nordic Semiconductor is operating at the current time. Most of Nordic Semiconductor's value examination focuses on studying past and present price action to predict the probability of Nordic Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic Semiconductor's price. Additionally, you may evaluate how the addition of Nordic Semiconductor to your portfolios can decrease your overall portfolio volatility.
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