Nurminen Logistics (Finland) Price on April 12, 2024
| NLG1V Stock | EUR 1.08 0.01 0.93% |
If you're considering investing in Nurminen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nurminen Logistics stands at 1.08, as last reported on the 7th of January, with the highest price reaching 1.12 and the lowest price hitting 1.07 during the day. Nurminen Logistics appears to be very risky, given 3 months investment horizon. Nurminen Logistics Oyj has Sharpe Ratio of 0.25, which conveys that the firm had a 0.25% return per unit of risk over the last 3 months. By analyzing Nurminen Logistics' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please exercise Nurminen Logistics' Mean Deviation of 1.72, risk adjusted performance of 0.2064, and Downside Deviation of 2.24 to check out if our risk estimates are consistent with your expectations.
Nurminen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nurminen |
Sharpe Ratio = 0.247
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Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Nurminen Logistics is performing at about 19% 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 Nurminen Logistics by adding it to a well-diversified portfolio.
Nurminen Logistics Valuation on April 12, 2024
It is possible to determine the worth of Nurminen Logistics on a given historical date. On April 12, 2024 Nurminen was worth 1.11 at the beginning of the trading date compared to the closed value of 1.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nurminen Logistics stock. Still, in general, we apply an absolute valuation method to find Nurminen Logistics' 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 Nurminen Logistics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nurminen Logistics' related companies.
| Open | High | Low | Close | Volume | |
| 1.07 | 1.11 | 1.06 | 1.11 | 36,755 | |
04/12/2024 | 1.11 | 1.12 | 1.08 | 1.09 | 37,912 |
| 1.09 | 1.10 | 1.04 | 1.09 | 51,748 |
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Nurminen Logistics Trading Date Momentum on April 12, 2024
| On April 15 2024 Nurminen Logistics Oyj was traded for 1.09 at the closing time. The highest price during the trading period was 1.10 and the lowest recorded bid was listed for 1.04 . The volume for the day was 51.7 K. This history from April 15, 2024 did not cause price change. The trading delta at closing time to the current price is 8.26% . |
Nurminen Logistics Oyj Fundamentals Correlations and Trends
By evaluating Nurminen Logistics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nurminen Logistics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nurminen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nurminen Logistics Stock history
Nurminen Logistics 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 Nurminen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nurminen Logistics Oyj 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 Nurminen Logistics stock prices may prove useful in developing a viable investing in Nurminen Logistics
Nurminen Logistics Oyj provides logistics services in Finland, Russia, and Baltic countries. The company was founded in 1886 and is headquartered in Helsinki, Finland. Nurminen Logistics operates under Railroads classification in Finland and is traded on Helsinki Exchange. It employs 172 people.
Nurminen Logistics Stock Technical Analysis
Nurminen Logistics 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
Nurminen Logistics Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Nurminen Logistics Oyj cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki 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.
Nurminen Logistics January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Nurminen Logistics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nurminen Logistics shares will generate the highest return on investment. By undertsting and applying Nurminen Logistics stock market strength indicators, traders can identify Nurminen Logistics Oyj entry and exit signals to maximize returns
Nurminen Logistics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nurminen Logistics' price direction in advance. Along with the technical and fundamental analysis of Nurminen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nurminen 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 | 0.2064 | |||
| Jensen Alpha | 0.5577 | |||
| Total Risk Alpha | 0.5048 | |||
| Sortino Ratio | 0.2405 | |||
| Treynor Ratio | (5.56) |
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Complementary Tools for Nurminen Stock analysis
When running Nurminen Logistics' price analysis, check to measure Nurminen Logistics' 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 Nurminen Logistics is operating at the current time. Most of Nurminen Logistics' value examination focuses on studying past and present price action to predict the probability of Nurminen Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nurminen Logistics' price. Additionally, you may evaluate how the addition of Nurminen Logistics to your portfolios can decrease your overall portfolio volatility.
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