Netcompany Group (Denmark) Price on May 1, 2024

NETC Stock  DKK 366.00  1.40  0.38%   
If you're considering investing in Netcompany Stock, it is important to understand the factors that can impact its price. As of today, the current price of Netcompany Group stands at 366.00, as last reported on the 14th of December 2024, with the highest price reaching 368.00 and the lowest price hitting 362.40 during the day. Netcompany Group appears to be very steady, given 3 months investment horizon. Netcompany Group has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Netcompany Group, which you can use to evaluate the volatility of the firm. Please exercise Netcompany Group's Downside Deviation of 1.66, mean deviation of 1.26, and Risk Adjusted Performance of 0.1086 to check out if our risk estimates are consistent with your expectations.
  
Netcompany Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1402

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Estimated Market Risk

 1.95
  actual daily
17
83% of assets are more volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Netcompany Group is performing at about 11% 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 Netcompany Group by adding it to a well-diversified portfolio.

Netcompany Group Valuation on May 1, 2024

It is possible to determine the worth of Netcompany Group on a given historical date. On May 1, 2024 Netcompany was worth 255.0 at the beginning of the trading date compared to the closed value of 257.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Netcompany Group stock. Still, in general, we apply an absolute valuation method to find Netcompany Group'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 Netcompany Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Netcompany Group's related companies.
 Open High Low Close Volume
  260.00    261.00    254.80    255.60    186,718  
05/01/2024
  255.00    257.80    251.60    257.20    75,387  
  258.00    262.40    255.80    261.80    219,723  
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Open Value
255.0
249.16
Downside
257.2
Closing Value
260.84
Upside

Netcompany Group Trading Date Momentum on May 1, 2024

On May 02 2024 Netcompany Group AS was traded for  261.80  at the closing time. The highest price during the trading period was 262.40  and the lowest recorded bid was listed for  255.80 . The volume for the day was 219.7 K. This history from May 2, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 1.79% . The trading delta at closing time to the current price is 19.75% .

Netcompany Group Fundamentals Correlations and Trends

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

About Netcompany Group Stock history

Netcompany Group 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 Netcompany is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Netcompany 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 Netcompany Group stock prices may prove useful in developing a viable investing in Netcompany Group
Netcompany Group AS, an IT services company, delivers business critical IT solutions to public and private sector customers in Denmark, Norway, the United Kingdom, the Netherlands, Poland, and Vietnam. Netcompany Group AS was founded in 2000 and is headquartered in Copenhagen, Denmark. Netcompany Group is traded on Copenhagen Stock Exchange in Denmark.

Netcompany Group Stock Technical Analysis

Netcompany Group 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 Netcompany Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Netcompany Group 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

Netcompany Group Period Price Range

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December 14, 2024
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Netcompany Group AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.

Netcompany Group December 14, 2024 Market Strength

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

Netcompany Group Technical and Predictive Indicators

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

Other Information on Investing in Netcompany Stock

Netcompany Group financial ratios help investors to determine whether Netcompany Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Netcompany with respect to the benefits of owning Netcompany Group security.