Nnit AS (Denmark) Price on December 2, 2024
NNIT Stock | DKK 69.80 1.30 1.83% |
If you're considering investing in Nnit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nnit AS stands at 69.80, as last reported on the 29th of March, with the highest price reaching 71.90 and the lowest price hitting 69.50 during the day. Nnit AS has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19 % return per unit of risk over the last 3 months. Nnit AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nnit AS's Mean Deviation of 1.5, standard deviation of 2.19, and Risk Adjusted Performance of (0.13) to check out the risk estimate we provide.
Nnit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nnit |
Sharpe Ratio = -0.194
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Estimated Market Risk
2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nnit AS 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 Nnit AS by adding Nnit AS to a well-diversified portfolio.
Nnit AS Valuation on December 2, 2024
It is possible to determine the worth of Nnit AS on a given historical date. On December 2, 2024 Nnit was worth 93.5 at the beginning of the trading date compared to the closed value of 94.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nnit AS stock. Still, in general, we apply an absolute valuation method to find Nnit AS'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 Nnit AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nnit AS's related companies.
Open | High | Low | Close | Volume | |
91.80 | 94.70 | 91.50 | 93.50 | 39,657 | |
12/02/2024 | 93.50 | 96.00 | 92.60 | 94.80 | 13,387 |
93.20 | 95.50 | 92.30 | 92.30 | 193,733 |
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Nnit AS Trading Date Momentum on December 2, 2024
On December 03 2024 Nnit AS was traded for 92.30 at the closing time. The highest price during the trading period was 95.50 and the lowest recorded bid was listed for 92.30 . The volume for the day was 193.7 K. This history from December 3, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.64% . The trading delta at closing time to the current price is 5.59% . |
Nnit AS Fundamentals Correlations and Trends
By evaluating Nnit AS'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 Nnit AS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nnit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nnit AS Stock history
Nnit AS 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 Nnit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nnit 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 Nnit AS stock prices may prove useful in developing a viable investing in Nnit AS
NNIT AS provides a range of IT services and solutions to customers primarily in the life sciences sector in Denmark and internationally. NNIT AS was founded in 1994 and is headquartered in Soborg, Denmark. NNIT AS operates under Information Technology Services classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 3266 people.
Nnit AS Stock Technical Analysis
Nnit AS 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
Nnit AS Period Price Range
Low | March 29, 2025
| High |
0.00 | 0.00 |
Nnit 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.
Nnit AS March 29, 2025 Market Strength
Market strength indicators help investors to evaluate how Nnit AS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nnit AS shares will generate the highest return on investment. By undertsting and applying Nnit AS stock market strength indicators, traders can identify Nnit AS entry and exit signals to maximize returns
Nnit AS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nnit AS's price direction in advance. Along with the technical and fundamental analysis of Nnit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nnit 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 | (0.13) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (0.23) | |||
Treynor Ratio | (1.60) |
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Other Information on Investing in Nnit Stock
Nnit AS financial ratios help investors to determine whether Nnit 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 Nnit with respect to the benefits of owning Nnit AS security.