Nordea Bank (UK) Market Value
| 0N4T Stock | 133.07 1.02 0.77% |
| Symbol | Nordea |
Nordea Bank 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nordea Bank's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nordea Bank.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in Nordea Bank on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding Nordea Bank Abp or generate 0.0% return on investment in Nordea Bank over 30 days. Nordea Bank is related to or competes with Orient Telecoms, Foresight Environmental, JLEN Environmental, Charter Communications, MTI Wireless, Aeorema Communications, and Silver Bullet. Nordea Bank is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Nordea Bank Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nordea Bank's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nordea Bank Abp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | 0.0359 | |||
| Maximum Drawdown | 6.3 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.63 |
Nordea Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nordea Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nordea Bank's standard deviation. In reality, there are many statistical measures that can use Nordea Bank historical prices to predict the future Nordea Bank's volatility.| Risk Adjusted Performance | 0.069 | |||
| Jensen Alpha | 0.0759 | |||
| Total Risk Alpha | 0.028 | |||
| Sortino Ratio | 0.0371 | |||
| Treynor Ratio | 1.03 |
Nordea Bank Abp Backtested Returns
Currently, Nordea Bank Abp is very steady. Nordea Bank Abp has Sharpe Ratio of 0.0939, which conveys that the firm had a 0.0939 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Nordea Bank, which you can use to evaluate the volatility of the firm. Please verify Nordea Bank's Risk Adjusted Performance of 0.069, downside deviation of 1.1, and Mean Deviation of 0.8554 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. Nordea Bank has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0762, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nordea Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nordea Bank is expected to be smaller as well. Nordea Bank Abp right now secures a risk of 1.16%. Please verify Nordea Bank Abp coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Nordea Bank Abp will be following its current price movements.
Auto-correlation | 0.83 |
Very good predictability
Nordea Bank Abp has very good predictability. Overlapping area represents the amount of predictability between Nordea Bank time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nordea Bank Abp price movement. The serial correlation of 0.83 indicates that around 83.0% of current Nordea Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 3.58 |
Nordea Bank Abp lagged returns against current returns
Autocorrelation, which is Nordea Bank stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nordea Bank's stock expected returns. We can calculate the autocorrelation of Nordea Bank returns to help us make a trade decision. For example, suppose you find that Nordea Bank has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Nordea Bank regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nordea Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nordea Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nordea Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Nordea Bank Lagged Returns
When evaluating Nordea Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nordea Bank stock have on its future price. Nordea Bank autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nordea Bank autocorrelation shows the relationship between Nordea Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Nordea Bank Abp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Nordea Stock Analysis
When running Nordea Bank's price analysis, check to measure Nordea Bank'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 Nordea Bank is operating at the current time. Most of Nordea Bank's value examination focuses on studying past and present price action to predict the probability of Nordea Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordea Bank's price. Additionally, you may evaluate how the addition of Nordea Bank to your portfolios can decrease your overall portfolio volatility.