Nilfisk Holding (Denmark) Price on June 17, 2024
NLFSK Stock | DKK 108.60 2.60 2.34% |
If you're considering investing in Nilfisk Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nilfisk Holding stands at 108.60, as last reported on the 17th of December 2024, with the highest price reaching 112.40 and the lowest price hitting 108.60 during the day. Nilfisk Holding AS has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of risk over the last 3 months. Nilfisk Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nilfisk Holding's Mean Deviation of 1.28, risk adjusted performance of (0.11), and Standard Deviation of 2.02 to check out the risk estimate we provide.
Nilfisk Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nilfisk |
Sharpe Ratio = -0.1708
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Estimated Market Risk
2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nilfisk 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 Nilfisk Holding by adding Nilfisk Holding to a well-diversified portfolio.
Nilfisk Holding Valuation on June 17, 2024
It is possible to determine the worth of Nilfisk Holding on a given historical date. On June 17, 2024 Nilfisk was worth 143.6 at the beginning of the trading date compared to the closed value of 143.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nilfisk Holding stock. Still, in general, we apply an absolute valuation method to find Nilfisk 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 Nilfisk Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nilfisk Holding's related companies.
Open | High | Low | Close | Volume | |
149.80 | 149.80 | 142.60 | 144.00 | 21,093 | |
06/17/2024 | 143.60 | 144.60 | 142.40 | 143.80 | 7,943 |
142.60 | 144.00 | 141.60 | 142.80 | 15,226 |
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Nilfisk Holding Trading Date Momentum on June 17, 2024
On June 18 2024 Nilfisk Holding AS was traded for 142.80 at the closing time. The highest price during the trading period was 144.00 and the lowest recorded bid was listed for 141.60 . The volume for the day was 15.2 K. This history from June 18, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.70% . The trading delta at closing time to the current price is 2.64% . |
Nilfisk Holding AS Fundamentals Correlations and Trends
By evaluating Nilfisk 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 Nilfisk Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nilfisk financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nilfisk Holding Stock history
Nilfisk 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 Nilfisk is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nilfisk Holding AS 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 Nilfisk Holding stock prices may prove useful in developing a viable investing in Nilfisk Holding
Nilfisk Holding AS manufactures and sells cleaning products and services worldwide. Nilfisk Holding AS was founded in 1906 and is headquartered in Brndby, Denmark. Nilfisk Holding operates under Diversified Industrials classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 5319 people.
Nilfisk Holding Stock Technical Analysis
Nilfisk 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
Nilfisk Holding Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Nilfisk Holding 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.
Nilfisk Holding December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Nilfisk 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 Nilfisk Holding shares will generate the highest return on investment. By undertsting and applying Nilfisk Holding stock market strength indicators, traders can identify Nilfisk Holding AS entry and exit signals to maximize returns
Nilfisk Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nilfisk Holding's price direction in advance. Along with the technical and fundamental analysis of Nilfisk Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nilfisk 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 | (0.11) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | (0.74) |
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Complementary Tools for Nilfisk Stock analysis
When running Nilfisk Holding's price analysis, check to measure Nilfisk 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 Nilfisk Holding is operating at the current time. Most of Nilfisk Holding's value examination focuses on studying past and present price action to predict the probability of Nilfisk 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 Nilfisk Holding's price. Additionally, you may evaluate how the addition of Nilfisk Holding to your portfolios can decrease your overall portfolio volatility.
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