Norofert (Romania) Price on December 27, 2024
| NRF Stock | 3.60 0.01 0.28% |
If you're considering investing in Norofert Stock, it is important to understand the factors that can impact its price. As of today, the current price of Norofert stands at 3.60, as last reported on the 27th of December, with the highest price reaching 3.66 and the lowest price hitting 3.59 during the day. Norofert SA has Sharpe Ratio of -0.0317, which conveys that the firm had a -0.0317% return per unit of risk over the last 3 months. Norofert exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Norofert's Mean Deviation of 1.22, standard deviation of 1.77, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide.
Norofert Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Norofert |
Sharpe Ratio = -0.0317
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| Negative Returns | NRF |
Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Norofert 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 Norofert by adding Norofert to a well-diversified portfolio.
Norofert Valuation on December 27, 2024
It is possible to determine the worth of Norofert on a given historical date. On December 27, 2024 Norofert was worth 3.59 at the beginning of the trading date compared to the closed value of 3.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Norofert stock. Still, in general, we apply an absolute valuation method to find Norofert'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 Norofert where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Norofert's related companies.
| Open | High | Low | Close | Volume | |
| 3.59 | 3.66 | 3.59 | 3.60 | 1,560 | |
12/27/2024 | 3.59 | 3.66 | 3.59 | 3.60 | 0.00 |
| Backtest Norofert | | | Norofert History | Previous |
Norofert Trading Date Momentum on December 27, 2024
| On December 27 2024 Norofert SA was traded for 3.60 at the closing time. The maximum traded price for the trading interval was 3.66 and the lowest daily price was 3.59 . There was no trading activity during the period 0.0. Lack of trading volume on 27th of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.28% . |
Price Boundaries
Norofert Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Norofert SA cannot be verified against its exchange. Please verify the symbol is currently traded on Bucharest Stock 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.
Norofert December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Norofert stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Norofert shares will generate the highest return on investment. By undertsting and applying Norofert stock market strength indicators, traders can identify Norofert SA entry and exit signals to maximize returns
Norofert Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Norofert's price direction in advance. Along with the technical and fundamental analysis of Norofert Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Norofert 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.