Netel Holding (Sweden) Price on November 29, 2024
| NETEL Stock | 13.30 0.36 2.78% |
If you're considering investing in Netel Stock, it is important to understand the factors that can impact its price. As of today, the current price of Netel Holding stands at 13.30, as last reported on the 1st of December, with the highest price reaching 13.76 and the lowest price hitting 12.60 during the day. Netel Holding AB has Sharpe Ratio of -0.23, which conveys that the firm had a -0.23% return per unit of risk over the last 3 months. Netel Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Netel Holding's Mean Deviation of 2.43, standard deviation of 3.54, and Risk Adjusted Performance of (0.17) to check out the risk estimate we provide.
Netel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Netel |
Sharpe Ratio = -0.2276
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| Negative Returns | NETEL |
Estimated Market Risk
| 3.54 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.8 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Netel Holding 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 Netel Holding by adding Netel Holding to a well-diversified portfolio.
Netel Holding Valuation on November 29, 2024
It is possible to determine the worth of Netel Holding on a given historical date. On November 29, 2024 Netel was worth 13.0 at the beginning of the trading date compared to the closed value of 13.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Netel Holding stock. Still, in general, we apply an absolute valuation method to find Netel Holding'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 Netel Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Netel Holding's related companies.
| Open | High | Low | Close | Volume | |
| 13.06 | 13.06 | 12.88 | 12.94 | 120,439 | |
11/29/2024 | 13.00 | 13.76 | 12.60 | 13.30 | 230,016 |
| 13.00 | 13.76 | 12.60 | 13.30 | 0.00 |
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Netel Holding Trading Date Momentum on November 29, 2024
| On December 01 2024 Netel Holding AB was traded for 13.30 at the closing time. The highest price during the trading period was 13.76 and the lowest recorded bid was listed for 12.60 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not cause price change. The trading delta at closing time to the current price is 2.26% . |
Netel Holding AB Fundamentals Correlations and Trends
By evaluating Netel Holding'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 Netel Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Netel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Netel Holding Stock history
Netel Holding 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 Netel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Netel Holding AB 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 Netel Holding stock prices may prove useful in developing a viable investing in Netel Holding
Netel Holding Stock Technical Analysis
Netel Holding 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
Netel Holding Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Netel Holding AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Netel Holding December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Netel Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Netel Holding shares will generate the highest return on investment. By undertsting and applying Netel Holding stock market strength indicators, traders can identify Netel Holding AB entry and exit signals to maximize returns
Netel Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Netel Holding's price direction in advance. Along with the technical and fundamental analysis of Netel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Netel 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 | (0.78) | |||
| Total Risk Alpha | (1.41) | |||
| Treynor Ratio | 3.29 |
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Additional Tools for Netel Stock Analysis
When running Netel Holding's price analysis, check to measure Netel Holding'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 Netel Holding is operating at the current time. Most of Netel Holding's value examination focuses on studying past and present price action to predict the probability of Netel Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netel Holding's price. Additionally, you may evaluate how the addition of Netel Holding to your portfolios can decrease your overall portfolio volatility.