National Grid (Germany) Price on August 2, 2024
NNGD Stock | EUR 55.50 0.00 0.00% |
If you're considering investing in National Stock, it is important to understand the factors that can impact its price. As of today, the current price of National Grid stands at 55.50, as last reported on the 27th of December, with the highest price reaching 55.50 and the lowest price hitting 55.50 during the day. National Grid plc has Sharpe Ratio of -0.0741, which conveys that the firm had a -0.0741% return per unit of risk over the last 3 months. National Grid exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify National Grid's Risk Adjusted Performance of (0.04), standard deviation of 1.68, and Mean Deviation of 1.25 to check out the risk estimate we provide.
National Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
National |
Sharpe Ratio = -0.0741
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Estimated Market Risk
1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.12 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 National Grid 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 National Grid by adding National Grid to a well-diversified portfolio.
National Grid Valuation on August 2, 2024
It is possible to determine the worth of National Grid on a given historical date. On August 2, 2024 National was worth 55.52 at the beginning of the trading date compared to the closed value of 55.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of National Grid stock. Still, in general, we apply an absolute valuation method to find National Grid'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 National Grid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against National Grid's related companies.
Open | High | Low | Close | Volume | |
57.00 | 57.00 | 57.00 | 57.00 | 1.00 | |
08/02/2024 | 55.52 | 55.52 | 55.52 | 55.52 | 1.00 |
54.54 | 54.54 | 54.54 | 54.54 | 1.00 |
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National Grid Trading Date Momentum on August 2, 2024
On August 05 2024 National Grid plc was traded for 54.54 at the closing time. The maximum traded price for the trading interval was 54.54 and the lowest daily price was 54.54 . There was no trading activity during the period 1.0. Lack of trading volume on 5th of August 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.77% . The trading delta at closing time to the closing price today is 0.90% . |
National Grid plc Fundamentals Correlations and Trends
By evaluating National Grid'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 National Grid's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. National financial account trend analysis is a perfect complement when working with valuation or volatility modules.About National Grid Stock history
National Grid 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 National is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in National Grid plc 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 National Grid stock prices may prove useful in developing a viable investing in National Grid
National Grid plc transmits and distributes electricity and natural gas. The company was founded in 1990 and is headquartered in London, the United Kingdom. NATL GRID is traded on Frankfurt Stock Exchange in Germany.
National Grid Stock Technical Analysis
National Grid 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
National Grid Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
National Grid plc cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
National Grid December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how National Grid stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Grid shares will generate the highest return on investment. By undertsting and applying National Grid stock market strength indicators, traders can identify National Grid plc entry and exit signals to maximize returns
National Grid Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for National Grid's price direction in advance. Along with the technical and fundamental analysis of National Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of National 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 | (0.04) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (0.19) |
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Complementary Tools for National Stock analysis
When running National Grid's price analysis, check to measure National Grid'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 National Grid is operating at the current time. Most of National Grid's value examination focuses on studying past and present price action to predict the probability of National Grid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Grid's price. Additionally, you may evaluate how the addition of National Grid to your portfolios can decrease your overall portfolio volatility.
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