Northern Data (Germany) Performance

NB2 Stock   50.30  1.00  1.95%   
Northern Data holds a performance score of 20 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Northern Data are expected to decrease at a much lower rate. During the bear market, Northern Data is likely to outperform the market. Use Northern Data AG maximum drawdown, skewness, day typical price, as well as the relationship between the downside variance and daily balance of power , to analyze future returns on Northern Data AG.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Northern Data AG are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unsteady basic indicators, Northern Data unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Begin Period Cash Flow73.9 M
Total Cashflows From Investing Activities126.6 M
  

Northern Data Relative Risk vs. Return Landscape

If you would invest  2,645  in Northern Data AG on October 6, 2024 and sell it today you would earn a total of  2,385  from holding Northern Data AG or generate 90.17% return on investment over 90 days. Northern Data AG is generating 1.1727% of daily returns and assumes 4.5097% volatility on return distribution over the 90 days horizon. Simply put, 40% of stocks are less volatile than Northern, and 77% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon Northern Data is expected to generate 5.54 times more return on investment than the market. However, the company is 5.54 times more volatile than its market benchmark. It trades about 0.26 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.04 per unit of risk.

Northern Data Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Data's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Northern Data AG, and traders can use it to determine the average amount a Northern Data's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.26

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Estimated Market Risk

 4.51
  actual daily
40
60% of assets are more volatile

Expected Return

 1.17
  actual daily
23
77% of assets have higher returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average Northern Data is performing at about 20% 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 Northern Data by adding it to a well-diversified portfolio.

Northern Data Fundamentals Growth

Northern Stock prices reflect investors' perceptions of the future prospects and financial health of Northern Data, and Northern Data fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Northern Stock performance.

About Northern Data Performance

Assessing Northern Data's fundamental ratios provides investors with valuable insights into Northern Data's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Northern Data is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.

Things to note about Northern Data AG performance evaluation

Checking the ongoing alerts about Northern Data for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Northern Data AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Northern Data AG appears to be risky and price may revert if volatility continues
Evaluating Northern Data's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Northern Data's stock performance include:
  • Analyzing Northern Data's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Northern Data's stock is overvalued or undervalued compared to its peers.
  • Examining Northern Data's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Northern Data's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Data's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Northern Data's stock. These opinions can provide insight into Northern Data's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Northern Data's stock performance is not an exact science, and many factors can impact Northern Data's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Additional Tools for Northern Stock Analysis

When running Northern Data's price analysis, check to measure Northern Data'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 Northern Data is operating at the current time. Most of Northern Data's value examination focuses on studying past and present price action to predict the probability of Northern Data's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Data's price. Additionally, you may evaluate how the addition of Northern Data to your portfolios can decrease your overall portfolio volatility.