NORANDA INC 62 Price on March 4, 2025
| 655422AV5 | 102.18 0.47 0.46% |
If you're considering investing in NORANDA Bond, it is important to understand the factors that can impact its price. As of today, the current price of NORANDA stands at 102.18, as last reported on the 27th of March, with the highest price reaching 102.18 and the lowest price hitting 102.18 during the day. At this point, NORANDA is very steady. NORANDA INC 62 has Sharpe Ratio of 0.0171, which conveys that the entity had a 0.0171 % return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for NORANDA, which you can use to evaluate the volatility of the bond. Please verify NORANDA's Risk Adjusted Performance of (0.02), market risk adjusted performance of (0.60), and Mean Deviation of 0.6738 to check out if the risk estimate we provide is consistent with the expected return of 0.0155%.
NORANDA Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
NORANDA |
Sharpe Ratio = 0.0171
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| Negative Returns | 655422AV5 |
Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average NORANDA is performing at about 1% 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 NORANDA by adding it to a well-diversified portfolio.
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NORANDA Valuation on March 4, 2025
It is possible to determine the worth of NORANDA on a given historical date. On March 4, 2025 NORANDA was worth 105.45 at the beginning of the trading date compared to the closed value of 105.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NORANDA bond. Still, in general, we apply an absolute valuation method to find NORANDA'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 NORANDA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NORANDA's related companies.
| Open | High | Low | Close | Volume | |
| 106.00 | 106.00 | 106.00 | 106.00 | 1.00 | |
03/04/2025 | 105.45 | 105.45 | 105.45 | 105.45 | 1.00 |
| 104.57 | 104.57 | 104.57 | 104.57 | 1.00 |
| Backtest NORANDA | | | NORANDA History | | | NORANDA Valuation | Previous | Next |
NORANDA Trading Date Momentum on March 4, 2025
| On March 06 2025 NORANDA INC 62 was traded for 104.57 at the closing time. The highest price during the trading period was 104.57 and the lowest recorded bid was listed for 104.57 . There was no trading activity during the period 1.0. Lack of trading volume on March 6, 2025 contributed to the next trading day price decline. The trading price change to the next closing price was 0.83% . The trading delta at closing time to the current price is 0.94% . |
About NORANDA Bond history
NORANDA 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 NORANDA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NORANDA INC 62 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 NORANDA stock prices may prove useful in developing a viable investing in NORANDA
NORANDA Bond Technical Analysis
NORANDA technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
NORANDA Period Price Range
Low | March 27, 2025
| High |
0.00 | 0.00 |
NORANDA INC 62 cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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.
NORANDA March 27, 2025 Market Strength
Market strength indicators help investors to evaluate how NORANDA bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NORANDA shares will generate the highest return on investment. By undertsting and applying NORANDA bond market strength indicators, traders can identify NORANDA INC 62 entry and exit signals to maximize returns
NORANDA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NORANDA's price direction in advance. Along with the technical and fundamental analysis of NORANDA Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of NORANDA 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 | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.61) |
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Other Information on Investing in NORANDA Bond
NORANDA financial ratios help investors to determine whether NORANDA Bond 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 NORANDA with respect to the benefits of owning NORANDA security.