Nedbank (South Africa) Price on December 27, 2024

NED Stock   28,150  139.00  0.49%   
If you're considering investing in Nedbank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nedbank stands at 28,150, as last reported on the 27th of December, with the highest price reaching 28,431 and the lowest price hitting 27,904 during the day. Nedbank Group has Sharpe Ratio of -0.068, which conveys that the firm had a -0.068% return per unit of risk over the last 3 months. Nedbank exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nedbank's Risk Adjusted Performance of (0.03), standard deviation of 1.33, and Mean Deviation of 0.9766 to check out the risk estimate we provide.
  
Nedbank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.068

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsNED

Estimated Market Risk

 1.3
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nedbank 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 Nedbank by adding Nedbank to a well-diversified portfolio.

Nedbank Valuation on December 27, 2024

It is possible to determine the worth of Nedbank on a given historical date. On December 27, 2024 Nedbank was worth 28010.0 at the beginning of the trading date compared to the closed value of 28150.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nedbank stock. Still, in general, we apply an absolute valuation method to find Nedbank'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 Nedbank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nedbank's related companies.
 Open High Low Close Volume
  29,485    29,485    28,289    28,289    210,603  
12/27/2024
  28,010    28,431    27,904    28,150    553,661  
Backtest Nedbank  |  Nedbank History  |  Nedbank Valuation   Previous
Open Value
28010.0
28,006
Downside
28150.0
Closing Value
28,014
Upside

Nedbank Trading Date Momentum on December 27, 2024

On December 27 2024 Nedbank Group was traded for  28,150  at the closing time. The highest price during the trading period was 28,431  and the lowest recorded bid was listed for  27,904 . The volume for the day was 553.7 K. This history from December 27, 2024 did not cause price change. The trading delta at closing time to the current price is 0.50% .

Nedbank Group Fundamentals Correlations and Trends

By evaluating Nedbank'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 Nedbank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nedbank financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nedbank Stock history

Nedbank 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 Nedbank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nedbank Group 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 Nedbank stock prices may prove useful in developing a viable investing in Nedbank

Nedbank Stock Technical Analysis

Nedbank 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.
A focus of Nedbank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nedbank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nedbank Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nedbank Group cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.

Nedbank December 27, 2024 Market Strength

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

Nedbank Technical and Predictive Indicators

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

When running Nedbank's price analysis, check to measure Nedbank'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 Nedbank is operating at the current time. Most of Nedbank's value examination focuses on studying past and present price action to predict the probability of Nedbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nedbank's price. Additionally, you may evaluate how the addition of Nedbank to your portfolios can decrease your overall portfolio volatility.
Transaction History
View history of all your transactions and understand their impact on performance
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm